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Utilization Tweak?

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nj23
Regular Contributor

Utilization Tweak?

I just got a CLI on my Cap One Quicksilver from 750 to 2250, and I'm planning on doing a couple of apps in May.  Right now, my only two open credit accounts are at 0 balance, but my Cap One had a balance of 173 of former 750 limit on April report.  Should I charge some stuff up for the May report, or is it better to go from 173 balance in April to 0 in May for the May report to tweak my score for the apps?  I'm expecting a small boost from the CLI, but I'd like to tweak it further if possible.  I plan on pulling all three scores before the apps.  Once I have more than two accounts, I plan on gardening for awhile.  

 

Thanks 


FICO TU: 768 (Post-Spree 7/14 Discover FICO) FICO EX: 734 (post-spree 7/6) FICO EQ: 730 (7/15 Lender pull after INQs)
6% utility July 29th. Back into the Garden after a successful spree...for real this time Smiley Very Happy
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-Wade-
Valued Contributor

Re: Utilization Tweak?


@nj23 wrote:

I just got a CLI on my Cap One Quicksilver from 750 to 2250, and I'm planning on doing a couple of apps in May.  Right now, my only two open credit accounts are at 0 balance, but my Cap One had a balance of 173 of former 750 limit on April report.  Should I charge some stuff up for the May report, or is it better to go from 173 balance in April to 0 in May for the May report to tweak my score for the apps?  I'm expecting a small boost from the CLI, but I'd like to tweak it further if possible.  I plan on pulling all three scores before the apps.  Once I have more than two accounts, I plan on gardening for awhile.  

 

Thanks 


you need to report 1% util. of your total CL on one card

"Garden Club Member " Old user name newportguy*** Current Score: myFico EQ - 830 (07/16/2015) Discover TU Fico - 833 (09/03/2016) EX Fico - 839 ( 09/01/2016 ) ******* Amex - BCP 11.5K * Discover - IT 43.5 K * U.S. Bank Cash + Visa Signature 15.3 K * PenFed - Cash Rewards 15K *PenFed Power Cash 19K ** Amex - GDSM 10K ******FICO 800 Club Member ******* EQ 830 *** TU 833 *** EX 839 ***
****** Last HP & New TL was March 6th 2014 *** GOAL: No HP's or New TL's for 2 + years and 840's Scores ******
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