New Member
creditpete
Posts: 31
Registered: ‎09-26-2013
Your Opinion: which option results in bigger score jump?
[ Edited ]

You may be familiar with my situation from other posts.  Just trying to get my score up for a mortgage credit pull next week.  Revolving accounts CC1 and CC2 update end of this week so these are the ones I need to make a decision on.

 

Option 1

CC1: Balance 7700, CL 17730 (44% UT)

CC2: Balance 1924, CL 9500 (20% UT)

CC3: Balance 10267, CL 15200 (68% UT)

CC4: Balance 0, CL 7200 (0% UT)

CC5: Balance 0, CL 2700 (0% UT)

 

Option 2:

CC1: Balance 9624, CL 17730 (54% UT)

CC2: Balance 0, CL 9500 (0% UT)

CC3: Balance 10267, CL 15200 (68% UT)

CC4: Balance 0, CL 7200 (0% UT)

CC5: Balance 0, CL 2700 (0% UT)

 

No lates, collections or judgements.  AAoA - 9 years.

 

Basically, would you pay off CC2 to get to 0%, OR would you take that 1924 and apply it to CC1 to get CC1 under 50%?  

 

PLease no suggestion about paying down CC3 right now - that balance doesn't update for weeks and I need to get credit pulled next week.

 

Thanks!