Fico 5 Score Improvement

[Anonymous]

Greetings all, first time poster here. Quick question for the experts out there...

In general my credit scores range between 620-650, with the exception of the Fico 5 score which is banking at 595 currently. 

Now - I am in the process of sorting this out two ways.

1) working with my student loan vendor to remove recent delinquencies, but at this point I can only focus on being on time going fwd.

2) With regards to credit cards - I have 1600 limits and my balance is at 1150.

According to the simulator, my credit score will go up on average 45 pts by paying ~800 on the credit cards (which I currently have the money to do so).

Is it worth it to do this? Also, will it improve my fico 5 score by approximately the same? 

Your help is appreciated.

[EddieK]

No telling if your other score will improve the same point-wise, but going from 72% to 22% utilization will definitely have a positive effect on it.

[Anonymous]

Thanks for the feedback Eddie! 

I will have to look up how the Fico 5 and Fico 8 scores are calculated for comparison.

I will post here what the outcome is.