Established Member
Posts: 27
Registered: ‎01-17-2013
Re: Credit Card debt AND Line of Credit debt...Will my score ever improve?

Assuming that the data is the data as you say, and the score is essentially calculated from the data, and various factors affect the score in the same way regardless of who generates the report,... then would I be correct in assuming that with roughly 1 million dollars of credit, 900,000 in a HELOC and 100,000 in CC's, and all maxed out, even if I paid all my CC's down to zero, with still 90% of my credit being used, I should not expect any increase in my score? I believe this is my situation because regardless of how the HELOC shows, as long as 90% of my total credit is being used, then going from 643 to in the 700's seems impossible.