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Lowering that util %

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kmacqua
Regular Contributor

Lowering that util %

I'm giving myself a little pat on the back today.

 

In one month, I managed to pay down my last open credit card on which I've been carrying a balance from 63% of the CL to about 28%!  My statement looks so beautiful, I want to repeatedly login to my account just to look at it!  I anticipate having it down to under 9% next month.  It's been a lot of work and a long time since my personal finance-aggedon and I finally see "credit card normalcy" on the horizon.

Message 1 of 5
4 REPLIES 4
14Fiesta
Established Contributor

Re: Lowering that util %


@kmacqua wrote:

I'm giving myself a little pat on the back today.

 

In one month, I managed to pay down my last open credit card on which I've been carrying a balance from 63% of the CL to about 28%!  My statement looks so beautiful, I want to repeatedly login to my account just to look at it!  I anticipate having it down to under 9% next month.  It's been a lot of work and a long time since my personal finance-aggedon and I finally see "credit card normalcy" on the horizon.


Congrats on your continued success! You will love it when you are able to look at the statement and know that you can PIF that balance. Smiley Happy






EX FICO (AMEX): 728 (4/29/17) | TU FICO (Discover): 737 (4/7/17) | EQ FICO (Citi): 746 (3/28/17)
Message 2 of 5
Anonymous
Not applicable

Re: Lowering that util %

Yup!  Congrats.. keep that UTL in check

Message 3 of 5
Anonymous
Not applicable

Re: Lowering that util %

That's great news.    Congrats!

Message 4 of 5
ExplicitElicit
Established Contributor

Re: Lowering that util %

Congrats! It will all be worth it when your scores get a nice boost!

Message 5 of 5
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