Regular Contributor
Posts: 199
Registered: ‎05-23-2007
Re: High Utilization on Some Cards and Mortgage

If that installment loan is your only one, paying it off can adversely impact your score (credit mix purposes). To get points quick, paying down your credit cards will do the trick. Although you'd probably need to pay them down closer to 50% in order to see a sizeable score bump.

Starting Score - 575 (4/10)
Current Score - EQ - 750, TU - 752, EX - 728 11/4/12

Current Cards:
AMEX SPG ($7.5k), Visa ($3k), Discover More ($2k) all since 11/4/12

Fighting the good fight!