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Utilization Question

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Anonymous
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Utilization Question

Hello all, this is my first post after reading some great advice from this forum. I have a question about utilization. My current overall utilization is 12% with one card reporting $1500 and another reporting $0. If both of my cards reported a small balance I know my score will drop a little, but after I go back to one reporting a balance will the score go back up? Thanks!

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Moderator Emeritus

Re: Utilization Question

Welcome to the forums!

 

You might lose some points for having both of your cards reporting "any" balance. If you go back to only one card reporting a balance, your score should go back up assuming there aren't other changes to your report.

 

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