Credit card use age and FICO

[Anonymous]

I'm trying to keep my credit card utilization low to help boost my score , but I had a question. Does it matter how much I spend on a credit card on a monthly basis as long as I pay it all off before the card issuer reports the monthly balance? I'm thinking that as long as my balance is zero when the balance reports each month, it doesn't matter to my score whether I spend $5 or $5,000 in the interim. Is that right?

[Anonymous]

The only usage that matters is balance reported to the bureaus.

You don't want all your credit cards reporting $0. See my signature link for the AZEO method to get 10-20 point boost versus all reporting $0.

You also don't want all your installment loans paid off, see the Alliant SSL Technique in my signature link as well!

[Anonymous]

You are correct in that spend does not matter at all with respect to FICO scoring.  It's also worth pointing out that higher credit limits are also not a factor that impacts FICO scoring outside of their potential impact on utilization padding.