My Equifax credit report has 11 revoling tradelines with 2 out of the 11 reporting a small balance of under 5% utilization of each card.
Last month, due to statement closing and an itunes payment posting 6 days after I bought something, my capitalone card reported a 2 balance /limit is 2500 and another credit card reported a 140 balance/limit is 2000.
This month, the 2 dollar balance account will report a balance of 150 dollars. This slight increase in balance should not bring my FICO down, will it?
By next month, I plan on having only one card report a utilization of about 5 percent. It is just hard when rebuilding hardcore and seeing your fico go up for balance decreases, then letting a small cut off date get by you and im fearful of scorewatch reporting a balance increase for the first time in 5 months (granted the increase will bring my overall utilization from 1% to maybe 3%)
I feel like i am being a bit obsessive but man I just want to reach 700! What is the best strategy besides letting one card report, is there any other with revolving cards?
