AZEO concept

[Anonymous]

Trying to figure out the AZEO concept to make sure I am doing it correctly. Do I need to pay evrything to zero and just keep the $54 balance or less on the MC with the 800 credit limit? I close in December (or hoping I can) on my house and want to make sure I get a good score boost in September/October .  

Listed below are my credit cards

First Premier MC - credit limit 800 - balance on last statement $54

First Premier MC - credit limit 700 - blance on last statement $154

Care Credit - credit limit 1900 - balance just paid to $0

Capital One - Maurices - credit limit 150 - balance $0

Commenity - Ulta - credit limit 100 - balance $0

I also have a car loan and 2 personal loans.

FICO 8 scores

EQ 615

TU 651

EX 642

Mortgage scores 

EQ 617

TU 582

EX 634

[Remedios]

---

@Anonymous wrote:

Trying to figure out the AZEO concept to make sure I am doing it correctly. Do I need to pay evrything to zero and just keep the $54 balance or less on the MC with the 800 credit limit? I close in December (or hoping I can) on my house and want to make sure I get a good score boost in September/October .  

Listed below are my credit cards

First Premier MC - credit limit 800 - balance on last statement $54

First Premier MC - credit limit 700 - blance on last statement $154

Care Credit - credit limit 1900 - balance just paid to $0

Capital One - Maurices - credit limit 150 - balance $0

Commenity - Ulta - credit limit 100 - balance $0

I also have a car loan and 2 personal loans.

FICO 8 scores

EQ 615

TU 651

EX 642

Mortgage scores 

EQ 617

TU 582

EX 634

---

One card reporting  a balance under 9% 

$10 or something like that will do just fine. Every other revolving account at zero when you're ready to start mortgage process. 

[HeavenOhio]

The best is to have one card report at least $5 but not much more. While 8.9% is generally accepted as the lowest utilization threshold, we still see dings when one is below that amount. These dings are very possibly due to one's total balances rather than utilization.

You're especially likely to see these dings showing up if you monitor more than just FICO 8.