##### THEORY or VOO-DOO MAGIC (UTI Optimum)....

11-01-2013 08:47 AM

Here's my "theory":

We know FICO smiles when UTI <9%; and all cards report ZERO balance but one. But, "WHICH" card?

I "theorize" that the card to report a balance of 9% should be the card with the highest CL.

My experiment is as follows:

Discover has the largest CL for me at $14,300. I carry FIVE total cards with a maximum credit of $26,300.

To MAXIMIZE fico I am going to place 9% of the allotted credit of my Discover maximum (or, $1,287.00); hence, my TOTAL Utilization will be 5%.

I hypothesize that this formula will produce the MAXIMUM fico score. One card reporting a balalance of 9% (less than 10% of that cards limit); no other cards reporting a balance; and, TOTAL uti then at 5%.

Well, am I a FICO Eiinstein or have I become a voodoo numerologist????????