30 point jump!!

[Juan123]

hmm. i just updated my fico score this morning and it jumped 30 points!!! its weird though, the only new thing that reported were 2 payments on accounts totalling $150.... and only brought down my util by like 4% to around 28%...

i can't wait for the new accounts to report!!!! im a happy camper.

i do have a question though, hypothetically if i paid off all my cards and $2000 of "new money" reported onto my reports and my util dropping to 12%... is it possible that i'd join the 700club?!?!

[aussiesareforever]

Congrats! That is awesome

[RobertEG]

A lot depends on your scoring in other categories, particularly payment history.

How many prior derogs are reporting, and if so, what is their age?

[Juan123]

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@RobertEG wrote:

A lot depends on your scoring in other categories, particularly payment history.

How many prior derogs are reporting, and if so, what is their age?

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no derogs

[llecs]

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@Juan123 wrote:

i do have a question though, hypothetically if i paid off all my cards and $2000 of "new money" reported onto my reports and my util dropping to 12%... is it possible that i'd join the 700club?!?!

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You'd have to bring your FICOs up by 50 or so points. I don't see that as possible by going from 28% to 12%. You might have a better shot though getting it under 9% with all but one CC reporting $0.