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Temporary Fico hit

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Howaboutthat
Frequent Contributor

Temporary Fico hit

I'm going to pay off 2 bucketed cards today that are $150 each. Should I expect a fico score drop? They are both no fee cards but high interest 21%. Should I keep them and just run something through them every now and then, they also only worth $500 each. 

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SouthJamaica
Mega Contributor

Re: Temporary Fico hit


@Howaboutthat wrote:

I'm going to pay off 2 bucketed cards today that are $150 each. Should I expect a fico score drop? They are both no fee cards but high interest 21%. Should I keep them and just run something through them every now and then, they also only worth $500 each. 


Yes you should keep them.

 

Yes you should run something through them every now and then.

 

We can't opine on the effect on your FICO score without knowing what other limits and balances are reporting.

 

 


Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682




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