So I paid $8000

[fishbjc]

on my accounts, which have reported.  I gained TWO POINTS.  All that sacrifice for two points. 

Message Edited by fishbjc on 08-10-2008 04:18 PM

[Anonymous]

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fishbjc wrote:

on my accounts, which have reported.  I gained TWO POINTS.  All that sacrifice for two points. 

Message Edited by fishbjc on 08-10-2008 04:18 PM

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What kind of debt?  If it was revolving, what was the utilization before and after?

The dollar amounts of your payments mean nothing in and of themselves.  It's only the change in utilization percentage that will get you points.

[fishbjc]

revolving....paid 24,000 to 16,000

42,000 avail credit.

$2,000 more needs to be reported.

Message Edited by fishbjc on 08-10-2008 05:51 PM

[iDShaDoW]

What're your scores at now?

And just curious, but what kind of interest charges are you accruing per month on that much debt?

[Anonymous]

Does all that $42K actually report as available credit?

[fishbjc]

Yes, $42,000 is showing.  About 30% of the $16k remaining is 0% interest until Jan 09, which I will let ride.  The rest I think I'll have paid off very quickly.  Just paid off sons student loans..except for $2k

We borrowed $50,000 or thereabouts.