Help with FICO 2 to 740

[Anonymous]

I thought about that too and looked into it. Luckily I have a couple of cards that will increase limits with soft pulls and  increased some lines today to help with utilization. Statements close at the end of the week so just a wait and see until then.

[Anonymous]

Yeah 4 out of 12 is a little high for EX2. You would see more gains if you saw more zeros. So if this doesn’t get you where you need to be, you know what you have to do. Keeping in mind aggregate balances matter as well, like TT said.

[Anonymous]

Pardon my ignorance, but what do you mean when referencing aggregate balances? 

Also would I be better served if I balance transfered two cards into one, even if the new utilization on the card was high, like 75% or more?

[SouthJamaica]

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@Anonymous wrote:

Pardon my ignorance, but what do you mean when referencing aggregate balances? 

Also would I be better served if I balance transfered two cards into one, even if the new utilization on the card was high, like 75% or more?

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You absolutely do not want to have any single card with reported utilization greater than 28%.

[Anonymous]

@Anonymous Aggregate revolving balance means the total dollar amount owed on all revolving accounts. That is tracked in addition to individual and aggregate revolving utilization, which is a percentage derived from revolving balances divided by revolving credit limits, either individually or in the aggregate.

no you definitely don't want any high utilization cards do you want to keep utilization low individually and in the aggregate the aggregate is more important.