propaneman wrote:I paid off half my cc in September and got a big score boost, paid the remainder off in October and dropped two points. Why would that happened? Only cc. was a $500 limit. pulled both power score reports and not one thing has changed other than those two balances. If it is on the power score report, then are the points already there or is there a delay in time for posting?
You say you paid half in Sep and the remainder in October, do you have any CC's reporting a balance now?
FICO likes it best when you have all CC's paid to zero balance and one CC reporting a balance of <9% of its CL, meaning you will see better scores with 1 or 2% util than you will with 0% util.
EDITED to fix a mistake.
Odd but true.
Starting Score: 583
What I'm getting is you only have one 500CL credit card?
If that's the case and you're concerned regarding your score, pay all but like $10 by the due date, and 1 day after the closing/statement date pay the $10 and your score should go back up.
I'm not really sure what suggestions you're looking for, sorry bout that.
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