I keep reading that the best approach is zero balances on all but one card that's below 10%. But I don't know how that applies to my situation.
I have two cards (currently one is zero and one is at 6%) and am an AU on another two. One of those has about a 2% balance and the other is at 38%. I can pay that one down to under 10% but what about the other cards? Should I pay my own cards completely off every month since my dad always has a small balance on his card that I'm an AU on? Or should I keep a tiny balance on one of my own CCs to show good history on a non AU card?
I'm chasing 20 points right now so every point counts.
AU cards are counted the same as your cards when it comes to UTI, at least from my experience with hubby and my cards. We are AU's on various cards of the other person
It doesn't matter which one of any of those cards carries the below 10% balance, whether it's one of yours or the AU. As long as the others are zero, you'll have the right formula.
Total CL: $321.7k
UTL: 2%
AAoA: 7.0yrs
Baddies: 0
Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping
