Utilization question?

tbucket101 — Tue, 11 Jun 2013 16:20:32 GMT

In regards to improving credit scoring, which is better:

....1 credit card with a $500 limit, with a 10% balance

....2 credit cards, each with a $250 limit and 10% balances

....3 credit cards, each with a $200 limit and 10% balances

Now question B .....If my goal is to obtain a high limit CC, such as $2500 up, does having a CC with a $500 CL vs one that has a $200 CL have any impact on a credit card co. decision to extend an offer of credit? Or is it primarily based off score?

As always, thanks for any and all imput?

Re: Utilization question?

Anonymous — Tue, 11 Jun 2013 17:23:48 GMT

To get your optimum score. all but one CC reports at 0 and the other at 9% or below. You may need to experiment with what % gives you the better score. Some may be 1% and others 4%.

topic Utilization question? in Rebuilding Your Credit

Utilization question?

Re: Utilization question?