Need to raise score 50pts!!!

[SouthJamaica]

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@Anonymous wrote:

So my current scores are as follows:
Experien: 595
Transunion: 606
Equifax: 579
My credit utilization is at 84%. My plan is to pay down all cards to at least 50% by the middle of next month. The hope is to have my middle score to at least a 640 so I can apply for a mortgage by this summer. Do you think it's possible to raise my scores by about 50 pts by paying down my cards?

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Yes but I think you'll need to get a lot lower than 50%

[takeshi74]

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@Anonymous wrote:

My credit utilization is at 84%.

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Definitely get that down.  30% is the generally suggested maximum.  Get it as low as you can.  At 84% you're approaching maxed.  If you have specific cards over 90% they're maxed.

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@Anonymous wrote:

Do you think it's possible to raise my scores by about 50 pts by paying down my cards?

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Possible but I'd advise looking for other major issues such as derogs and seeing what you can do to address them.  You'll want your credit in the best possible shape for a mortgage.

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@Anonymous wrote:
But how do I remove myself as an authorized user from a closed paid account? Also will this impact my score negatively by doing so? The tradeline will still be on my report, correct?

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Being an AU isn't inherently beneficial.  It all depends on the state of the TL.  With one or more derogs the TL isn't helping you as derogs tend to be a bigger factor.  Get the creditor to remove you as an AU.