@Anonymous wrote:
I am currently rebuilding my credit and my goal is to purchase a home. Does anyone know of a debt analyzer tool for free or fee that I can use that actually REALLY works. I need to be able to determine if I should pay off all card balances or pay them down within 10% of balance for maximum credit score boost. Some say pay in full and others state not too. Any help would be greatly appreciative!!
Welcome to MyFICO
I don't know about any credit analyzer but to answer your question about obtaining maximum score by paying down your balances- all of your cards should report a $0 balance with the exception of one that should report a very small balance like $10.
Good luck with your goal of a new home and if you have questions about that process please visit our Mortgage Credit forum.
