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Credit Card Utilization

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Regular Contributor
‎06-27-2008 08:39 PM
‎06-27-2008 08:39 PM

Credit Card Utilization

Whew Hoo....I payed my Cap. 1 card down from 95% util. to 3% util. today.  I wish I could see the instant results.  I am so curious to see what it does to my score, it's my only credit card.  The statment date closes tomorrow so hopefully they will report soon after that Smiley Very Happy
MyFico's:
June 09: TU 591, EQ 526, EX 576
June 10: TU 647 EQ 643, EX 661
March 12: TU 700 EQ 700
Message 1 of 5
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Anonymous
Not applicable
‎06-27-2008 08:41 PM
‎06-27-2008 08:41 PM

Re: Credit Card Utilization

Woohoo!  Please post the results when you get them! 
Message 2 of 5
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islandchild82
Frequent Contributor
‎06-27-2008 08:42 PM
‎06-27-2008 08:42 PM

Re: Credit Card Utilization

Good for you!
 
I'm sure you will see a good bump in your scores, considering how high your utilization was and since it is your only card.
Message 3 of 5
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Regular Contributor
‎06-27-2008 08:50 PM
‎06-27-2008 08:50 PM

Re: Credit Card Utilization

Thanks, I sure hope it's a good jump, got my fingers crossed! 
MyFico's:
June 09: TU 591, EQ 526, EX 576
June 10: TU 647 EQ 643, EX 661
March 12: TU 700 EQ 700
Message 4 of 5
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shyboy
Frequent Contributor
‎06-27-2008 11:46 PM
‎06-27-2008 11:46 PM

Re: Credit Card Utilization

i would also give it a few extra day for the CRA to update your report before pulling

Message Edited by shyboy on 06-27-2008 11:47 PM
-------------------------------------------------------------------------------------------------Getting back in the credit game after major setbacks
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