How long would 1 month of high utilization affect score?

[Kraner]

I have two cards and in February one was $111.15/$2100 and the other $491.90/$500, thus putting me at 23% usage. Sure this isn't incredibly high, but having paperless statements through walmart credit card I get to see my TU FICO score. Below is the graph. I paid each one off the day after each statement period ended (as I always have).

So, how long will my score be depressed because of a month of high usage?

Thanks!

[Anonymous]

Utilization has no memory, so your scores will rebound quickly once the balances are paid off.

The second card you mention is maxed out, which hurts your score.

You could try paying down the balances before the statement date, and thus control what balance is reported, and thus help your scores.

[gdale6]

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@Anonymous wrote:

Utilization has no memory, so your scores will rebound quickly once the balances are paid off.

The second card you mention is maxed out, which hurts your score.

You could try paying down the balances before the statement date, and thus control what balance is reported, and thus help your scores.

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+1

[takeshi74]

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@Kraner wrote:

How long would 1 month of high utilization affect score?

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1 month.   It's prolonged high utilization that can lead to AA.

[RobertEG]

Prior until may not enter into your FICO score, but is certainly somehting that creditors track.

If util remains high for an extended period, it might be an indication to the creditor of possible increased  risk of delinquency

Shorts bursts of high util are $$ in their pocket when the balance is carried over, so most likely wont create much concern, but if continued, might signal potential risk.

Lowering credit limit is one way of reducing potential risk.

[stengiz]

I let my cards always post a balance. I dont really see the point paying 4 or 5 weeks early. Then again I decided to apply for two more cards in the future and I am planning on staying with in the barclay's and capital one family