Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
Re: Best use of cash to improve credit score for refinancing

No matter which you pay, utilization would be the same if you use 100% of the avail $$$. However, FICO likes more $0 balances than accts w/ balances. If I had that and for max points, I would PIF JCPenneys and Home Depot. The remaining $4k would be split evenly between the other two. My answer would be different if any of these were closed or if there were any other revolving accts max out not mentioned.