utilization with only one card

[new_earth]

I know I have seen people suggest that with multiple CC's, to leave a certain amount at 9% or below and the others as '0'. What if I have only ONE CC? It is most likely the only one I will be able to have for a while. So should I leave it at 0 balance or leave a bit on it each month at reporting date? The only other good accounts I have are two installmant loans which are current perfect history. The rest not so great. Trying to rebuild with one CC. thanks

[Anonymous]

With only one card it would be done the same way.  Let 9% or below report each month.

[dodfire]

Let it report a small balance and then pay it off.......repeat!!

[new_earth]

will it make a difference if I leave 9% or below or just pay completely in full so it reports at 0?

[new_earth]

oh ok, got it, thanks!

[new_earth]

stupid First Premier....can't pay the annual fee down until the statement cuts. You can only make a payment before statement is cut if you are paying down a purchase. Oh well, first reporting will show utilization at 25%, still not too bad I guess :/ Yes it's the card I am stuck with....hopefully not for long...

[gotitup]

I currently only have one cc one student loan and one auto loan all are current. So a total of 3 accounts reporting. I have steadily increased my scores over 2.5 years to the mid 700's . With these 3 of my four accounts having balances will a O balance on my cc account drop my scores? The simulator shows no but factors on report show too many accounts with balances as the reason my scores aren't higher. Any body know how much of a drop or increase to expect from paying the cc in full to report. BTW I'm trying to cross the 760 mark in hopes of qulifying