New Member
Meachem
Posts: 6
Registered: ‎04-09-2007
Better to Pay Off or Leave Balance?
I was reading up on here and I keep seeing people mention 30% of credit available.  I was about to pay all my cards off in full.  None are overdue.  Should I bring all my cards down to a zero balance or would it help my score more by bringing them down to a percentage of the available limit?
 
Also is the percentage of the available limit per CARD or is it TOTAL?  For example 30% would be $150 balance on a $500 limit card or $300 total, spread unevenly between three cards with different credit limits?