Established Contributor
bahbahd
Posts: 731
Registered: ‎08-12-2011
Re: Okay thanks, most of them are reporting zero balances lik...
[ Edited ]

Repo-ed wrote:

The reporting of $0 may not give you a score increase.  Might even see a score decrease.


Not if if there is utilization on another card. Now if you paid all your cards down to $0, you might see a slight drop. Ideal goal is to have 9% utilization of total CC limits. I have heard it is best to be on one card only, but I think a few % across several cards still works.