WOW!! 27 points lost for "not using credit"

[nothingman02]

The car loan is an installment account and I believe will not count in your utilization. You would have the highest scores at 9% overall utl. of your revolving credit.

[Anonymous]

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@nothingman02 wrote:

The car loan is an installment account and I believe will not count in your utilization. You would have the highest scores at 9% overall utl. of your revolving credit.

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Not true. I have the highest score when I only have $5 reporting on one card. That leaves me at less than 1%. Just going up to 2-3% dings me considerably. But, obviously, having 0 report has the same effect. 

[nothingman02]

Hmm...thanks for the info then. I was under the impression that 9% is optimum. I will see though as I am trying out 2.5 utl this month and will try 0 the next. I had 9% the last month.

[Anonymous]

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nothingman02 wrote:
Hmm...thanks for the info then. I was under the impression that 9% is optimum. I will see though as I am trying out 2.5 utl this month and will try 0 the next. I had 9% the last month.

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Under 9% is optimum.

Some do report seeing a few more points for getting even lower. But for the most increase get below 9%, but more than 0%.

[Anonymous]

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@nothingman02 wrote:
Hmm...thanks for the info then. I was under the impression that 9% is optimum. I will see though as I am trying out 2.5 utl this month and will try 0 the next. I had 9% the last month.

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Yeah, you want to play around with this for a little while until you find your "sweet spot".  Stay under 9% and bounce around between letting just a few dollars report to whatever will take you up to - but not over - 9%. Someone just reported a few days ago that their util went up to 7% and they lost 7 points. I get hit by letting 2-3%.  It's strange.