https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Paying-Off-CCs/m-p/517091#M68722 <P>Opinions please:&nbsp; if I pay off all of my CCs, does my score immediately improve?&nbsp; Or even if Ijust pay down half on all of them?&nbsp; Or do I need to establish this as "history" before I see an improvement?</P> Sun, 07 Jun 2009 21:00:34 GMT Paula0925 2009-06-07T21:00:34Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Paying-Off-CCs/m-p/517091#M68722 <P>Opinions please:&nbsp; if I pay off all of my CCs, does my score immediately improve?&nbsp; Or even if Ijust pay down half on all of them?&nbsp; Or do I need to establish this as "history" before I see an improvement?</P> Sun, 07 Jun 2009 21:00:34 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Paying-Off-CCs/m-p/517091#M68722 Paula0925 2009-06-07T21:00:34Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Paying-Off-CCs/m-p/517116#M68736 If all else is equal, you'll see a slow increase in scores, with most of the points coming by the time you hit 30% and below. Ideally you'd want 1/2 to all but one CC reporting $0 with the remainder reporting a balance less than 9%.<BR /><BR />Go to your last FICO report and click the tab on the far right ("Next Steps"), then click "Reveal your FICO Future", you can then plug in some numbers to see the approximate increase.<BR /><BR /> Sun, 07 Jun 2009 21:54:13 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Paying-Off-CCs/m-p/517116#M68736 llecs 2009-06-07T21:54:13Z