which should I pay first?

[Anonymous]

I have a few credit cards open and just wanted to raise my utilization by april but im not sure which will make that happen please advise which card would help me the most on UTIL score.

$939 BALANCE card #1 $1100 limit  22%

$355 BALANCE card #2 $900 Limit 14.5%

$3313 BALANCE card #3   $4000 limit no interest for 24 months

$408 BALANCE  card #4  $800 limit  interest %22.9

------------------cards paid off

$0.00 balance card #5  $350 limit    %14 interest

[Anonymous]

Forgot to mention that someone helped me when they had a zero balance on there card and added me as an authorized user

it's reporting to all 3 CRA's

$480 balance    $600 limit ... not my card though should I just get removed from this AU card?

[vanillabean]

I take it you would like to lower your utilization rather than raise it. If so, it doesn't matter which card(s) you pay off; the total of balances divided by the total credit limits will be the same. When that is said though, not all cards report their credit limits and and such will not be used for utilization, so narrow down which ones do.

[Anonymous]

opps yes that was a mistype meant to say lower not raise the util...

currently they are all reporting limits so I guess I'll attack the higher interest ones first

[Anonymous]

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@Anonymous-own-fico wrote:

I take it you would like to lower your utilization rather than raise it. If so, it doesn't matter which card(s) you pay off; the total of balances divided by the total credit limits will be the same. When that is said though, not all cards report their credit limits and and such will not be used for utilization, so narrow down which ones do.

---

I'm not sure this info is correct.  If your utilization is

high on one card it will affect score but I could be

wrong.

MODS??????

[MarineVietVet]

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@Anonymous wrote:

---

@Anonymous-own-fico wrote:

I take it you would like to lower your utilization rather than raise it. If so, it doesn't matter which card(s) you pay off; the total of balances divided by the total credit limits will be the same. When that is said though, not all cards report their credit limits and and such will not be used for utilization, so narrow down which ones do.

---

I'm not sure this info is correct.  If your utilization is

high on one card it will affect score but I could be

wrong.

MODS??????

---

Both overall and individual card uitilization is scored. Plus how many accounts have balances.

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

[Anonymous]

I did not know that high balance on one card is taken into factor...wow learn something new on this forum everyday

[MarineVietVet]

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@Anonymous wrote:

I did not know that high balance on one card is taken into factor...wow learn something new on this forum everyday

---

Was this in response to my post or someone else's?

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

[Anonymous]

yours

[MarineVietVet]

---

@Anonymous wrote:

yours

---

Ok. Well I wasn't sure what you meant by I did not know that high balance on one card is taken into factor and wanted to make sure we're both on the same page. For most types of cards it's not the high balance of each card that is scored but the percentage of the credit limit used for each card that is scored.

We might be saying the same thing but in a different way?

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".