Okay since Fair Isaac wont give us their scoring formula,out of curiosity I went to my fico simulator to see what would happen to my scores if I 'maxedout'. A maxed out accoutn can hurt you as much as a collection and you have 12. My credit file is fairly young and I am close in avail credit though I don't think that matters just percentage. If I maxed out my cards, according to the simulator, I could take up to a 80 point hit on my scores. I would assume you would see a large recovery based on other factors in your scores.
I can tell you from experience, before coming here, I only had one card that was close to the limit. Got ratejacked, didn't understnd why as I paid on time every month nd never paid minimums. After much research, and opening new cards (after closign that one). The effects of my own score adjustment were immediate.
Right now you look as if you are at the recommended 30% try for 10 or less GRADUALLY so your reports will also have time to age and you won't be disappointed with the results.
