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## Credit Card Utilization from 65% to 25% Utilization.

I recently paid my cards overall utilization from 65% (13050) to 25% (3300). Realistically how many points will my FICO 2,4,5 grow by? I have 3 cards that are not under 30% Utilization. One is 1800/3000, another 262/1000, and the last one is 1450/3500. The other 7 are 0-21 usd balance.

Message 1 of 19
18 REPLIES 18
Mega Contributor

## Re: Credit Card Utilization from 65% to 25% Utilization.

@yodi2007 wrote:

I recently paid my cards overall utilization from 65% (13050) to 25% (3300). Realistically how many points will my FICO 2,4,5 grow by? I have 3 cards that are not under 30% Utilization. One is 1800/3000, another 262/1000, and the last one is 1450/3500. The other 7 are 0-21 usd balance.

I don't know. In my profile it would probably be worth 25 to 40 points or so in the mortgage scores. But I can tell you that (a) the more zero balances, the better, for your mortgage scores, and (b) a recent test I ran suggests that the number of accounts with 50% or greater individual utilization is a big factor.  So my advice to you is to let all but those 3 report zero balances, and to get that \$1800 balance down to \$1400.

Total revolving limits 699000 (597000 reporting) FICO 8: EQ 732 TU 721 EX 698

Message 2 of 19
Contributor

## Re: Credit Card Utilization from 65% to 25% Utilization.

@SouthJamaica wrote:

@yodi2007 wrote:

I recently paid my cards overall utilization from 65% (13050) to 25% (3300). Realistically how many points will my FICO 2,4,5 grow by? I have 3 cards that are not under 30% Utilization. One is 1800/3000, another 262/1000, and the last one is 1450/3500. The other 7 are 0-21 usd balance.

I don't know. In my profile it would probably be worth 25 to 40 points or so in the mortgage scores. But I can tell you that (a) the more zero balances, the better, for your mortgage scores, and (b) a recent test I ran suggests that the number of accounts with 50% or greater individual utilization is a big factor.  So my advice to you is to let all but those 3 report zero balances, and to get that \$1800 balance down to \$1400.

Thanks for the info! Does this work for store cards to like BB?

Message 3 of 19
Mega Contributor

## Re: Credit Card Utilization from 65% to 25% Utilization.

@yodi2007 wrote:

@SouthJamaica wrote:

@yodi2007 wrote:

I recently paid my cards overall utilization from 65% (13050) to 25% (3300). Realistically how many points will my FICO 2,4,5 grow by? I have 3 cards that are not under 30% Utilization. One is 1800/3000, another 262/1000, and the last one is 1450/3500. The other 7 are 0-21 usd balance.

I don't know. In my profile it would probably be worth 25 to 40 points or so in the mortgage scores. But I can tell you that (a) the more zero balances, the better, for your mortgage scores, and (b) a recent test I ran suggests that the number of accounts with 50% or greater individual utilization is a big factor.  So my advice to you is to let all but those 3 report zero balances, and to get that \$1800 balance down to \$1400.

Thanks for the info! Does this work for store cards to like BB?

Yes.

Except that the 3 cards you're using to report a non-zero balance shouldn't all be store cards.

Total revolving limits 699000 (597000 reporting) FICO 8: EQ 732 TU 721 EX 698

Message 4 of 19
Contributor

## Re: Credit Card Utilization from 65% to 25% Utilization.

@SouthJamaica wrote:

@yodi2007 wrote:

@SouthJamaica wrote:

@yodi2007 wrote:

I recently paid my cards overall utilization from 65% (13050) to 25% (3300). Realistically how many points will my FICO 2,4,5 grow by? I have 3 cards that are not under 30% Utilization. One is 1800/3000, another 262/1000, and the last one is 1450/3500. The other 7 are 0-21 usd balance.

I don't know. In my profile it would probably be worth 25 to 40 points or so in the mortgage scores. But I can tell you that (a) the more zero balances, the better, for your mortgage scores, and (b) a recent test I ran suggests that the number of accounts with 50% or greater individual utilization is a big factor.  So my advice to you is to let all but those 3 report zero balances, and to get that \$1800 balance down to \$1400.

Thanks for the info! Does this work for store cards to like BB?

Yes.

Except that the 3 cards you're using to report a non-zero balance shouldn't all be store cards.

Here's what my cards are atm.

Cards not paid yet

Dell Financial (open date 4/2021) =1450/3000 (0% for 24 months)

Paypal Credit (open date 10/2021)= 1800/3500 (0% for 24 months)

First Premier Mastercard (open date 1/2020) = 20/700 (24%)(Instructed to leave a small balance so I wouldn't get charged a fee)

Bestbuy Storecard (open date 3/2020) =260/1000

Cards paid with zero balance

Navy Federal Visa (open date 2/2019) = 1200/2000 (17.99%)(Paid another 1150 hasn't posted yet takes 3-4 days to do so)

USAA Visa (open date 2/2018) = 0/250 (17%, Secured Card)

Walmart Store Card (open date 4/2019) = 0/300 (24%)

Sams Club store card (open date 4/2019)= 0/100 (was 1500 but for some reason they lowered it several times in 2020)

Credit One AMEX (open date 3/2020) = 0/700 (24%)

AMEX Bluecash (open date 6/2021)= 0/1000 (17%, Wife's Credit Card, piggy backing on her card)

Credit One Visa (open date 1/2020) = 0/600 (25%)

Message 5 of 19
Mega Contributor

## Re: Credit Card Utilization from 65% to 25% Utilization.

@yodi2007 wrote:

@SouthJamaica wrote:

@yodi2007 wrote:

@SouthJamaica wrote:

@yodi2007 wrote:

I recently paid my cards overall utilization from 65% (13050) to 25% (3300). Realistically how many points will my FICO 2,4,5 grow by? I have 3 cards that are not under 30% Utilization. One is 1800/3000, another 262/1000, and the last one is 1450/3500. The other 7 are 0-21 usd balance.

I don't know. In my profile it would probably be worth 25 to 40 points or so in the mortgage scores. But I can tell you that (a) the more zero balances, the better, for your mortgage scores, and (b) a recent test I ran suggests that the number of accounts with 50% or greater individual utilization is a big factor.  So my advice to you is to let all but those 3 report zero balances, and to get that \$1800 balance down to \$1400.

Thanks for the info! Does this work for store cards to like BB?

Yes.

Except that the 3 cards you're using to report a non-zero balance shouldn't all be store cards.

Here's what my cards are atm.

Cards not paid yet

Dell Financial (open date 4/2021) =1450/3000 (0% for 24 months)

Paypal Credit (open date 10/2021)= 1800/3500 (0% for 24 months)

First Premier Mastercard (open date 1/2020) = 20/700 (24%)(Instructed to leave a small balance so I wouldn't get charged a fee)

Bestbuy Storecard (open date 3/2020) =260/1000

Cards paid with zero balance

Navy Federal Visa (open date 2/2019) = 1200/2000 (17.99%)(Paid another 1150 hasn't posted yet takes 3-4 days to do so)

USAA Visa (open date 2/2018) = 0/250 (17%, Secured Card)

Walmart Store Card (open date 4/2019) = 0/300 (24%)

Sams Club store card (open date 4/2019)= 0/100 (was 1500 but for some reason they lowered it several times in 2020)

Credit One AMEX (open date 3/2020) = 0/700 (24%)

AMEX Bluecash (open date 6/2021)= 0/1000 (17%, Wife's Credit Card, piggy backing on her card)

Credit One Visa (open date 1/2020) = 0/600 (25%)

The PayPal account should be kept at 1600 or less.

Some advice you didn't ask for:  you don't need subprime cards, since you have some good stuff in there.  If I were you I would immediately ditch that First Premier card.  Then someday start looking at ditching Credit One.

Total revolving limits 699000 (597000 reporting) FICO 8: EQ 732 TU 721 EX 698

Message 6 of 19
Senior Contributor

## Re: Credit Card Utilization from 65% to 25% Utilization.

@yodi2007 wrote:

I recently paid my cards overall utilization from 65% (13050) to 25% (3300). Realistically how many points will my FICO 2,4,5 grow by? I have 3 cards that are not under 30% Utilization. One is 1800/3000, another 262/1000, and the last one is 1450/3500. The other 7 are 0-21 usd balance.

What were your scores when it was 65% utilization?

Barclays: Arrival+ WEMC
Capital One: Savor WEMC, Venture X Visa Infinite
Chase: Freedom U Visa Signature, CSR Visa Infinite
Elan/US Bank: Fidelity Visa Signature
Credit Union: Cash Back Visa Signature
FICO 08: Score decrease between 26-41 points after auto payoff (11.01.21) EX: 809 / EQ: 824 / TU: 812
Message 7 of 19
Contributor

## Re: Credit Card Utilization from 65% to 25% Utilization.

@sjt wrote:

@yodi2007 wrote:

I recently paid my cards overall utilization from 65% (13050) to 25% (3300). Realistically how many points will my FICO 2,4,5 grow by? I have 3 cards that are not under 30% Utilization. One is 1800/3000, another 262/1000, and the last one is 1450/3500. The other 7 are 0-21 usd balance.

What were your scores when it was 65% utilization?

FICO 8 Scores: Equifax=630, Transunion=603, Experian=649

Mortgage Scores: Equifax=620, Transunion=603, Experian=575

I really need my middles score to go up so I can apply with my broker with confidence!

Message 8 of 19
Senior Contributor

## Re: Credit Card Utilization from 65% to 25% Utilization.

@yodi2007 wrote:

@sjt wrote:

@yodi2007 wrote:

I recently paid my cards overall utilization from 65% (13050) to 25% (3300). Realistically how many points will my FICO 2,4,5 grow by? I have 3 cards that are not under 30% Utilization. One is 1800/3000, another 262/1000, and the last one is 1450/3500. The other 7 are 0-21 usd balance.

What were your scores when it was 65% utilization?

FICO 8 Scores: Equifax=630, Transunion=603, Experian=649

Mortgage Scores: Equifax=620, Transunion=603, Experian=575

I really need my middles score to go up so I can apply with my broker with confidence!

My guess is your score will increase by 50 points. Even higher if you only have one card with a balance and your utilization is below 8.9%

Barclays: Arrival+ WEMC
Capital One: Savor WEMC, Venture X Visa Infinite
Chase: Freedom U Visa Signature, CSR Visa Infinite
Elan/US Bank: Fidelity Visa Signature
Credit Union: Cash Back Visa Signature
FICO 08: Score decrease between 26-41 points after auto payoff (11.01.21) EX: 809 / EQ: 824 / TU: 812
Message 9 of 19
Contributor

## Re: Credit Card Utilization from 65% to 25% Utilization.

@sjt wrote:

@yodi2007 wrote:

@sjt wrote:

@yodi2007 wrote:

I recently paid my cards overall utilization from 65% (13050) to 25% (3300). Realistically how many points will my FICO 2,4,5 grow by? I have 3 cards that are not under 30% Utilization. One is 1800/3000, another 262/1000, and the last one is 1450/3500. The other 7 are 0-21 usd balance.

What were your scores when it was 65% utilization?

FICO 8 Scores: Equifax=630, Transunion=603, Experian=649

Mortgage Scores: Equifax=620, Transunion=603, Experian=575

I really need my middles score to go up so I can apply with my broker with confidence!

My guess is your score will increase by 50 points. Even higher if you only have one card with a balance and your utilization is below 8.9%

Thanks for the reply! I'll apply next week after I can run an updated FICO credit score.

Message 10 of 19
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