How much of a score increase would I expect re: utilization

[Anonymous]

After this month, my utilization will be going down from 19% to 6%.  How much of an increase could I expect from that?

I currently use creditkarma.com (for free due to coupon code).  Would it be worth it to pay a little more and switch to myFICO score watch instead?

[Shogun]

I use credit karma too, and credit sesame but not for my scores.  I only use them to monitor for new accounts and such.  If you want your FICO pull from here, but  only when you need to.

[llecs]

If reported util drops by that much, and util is listed as the #1 or #2 reason on your FICO report, then I'd hazard a guess of 10-15.

[Anonymous]

I was just approved for capitol one card 2 months ago 500cl and charged $6.00 waited for the statement to cut and payed it the next day.  As of right now I have no revolving credit  showing so I have N/A for utilization  but when it does show up IM hopeing for a big jump b/c  the util. Will be like 1-2%  fako are in signature when the cap one shows up I will post on the jump any guesses on how big that might be?

[Anonymous]

For me going from 21 to 11 changed my score 11 pts on both ficos

[Anonymous]

I don't have FiCO data yet since eq and tu haven't updated my cc changes, but Equifax has updated today, the only change is going from 26% utilization to 6% on credit cards.  My score went from 651 to 667 on their site.

[Anonymous]

If it's helpful I can continue to update this thread since I am moving from 26% to 6% very soon.

Experian site FAKO went up 16pts after change 651 to 667

Equifax site FAKO went up 1 pt after change reported (come on 1 pt)  622 to 623

CreditKarma hasn't registered the change in CC balance yet.  I will let you know when it does, after that I will run FICO scores.

[mtrsprt]

Going from 41% to 7% gives me 3 points. 

I think the more credit lines/accounts, higher total credit, and balances owed, play a factor in how much of a score swing one can expect by changing utilization percentages.

I myself only have 4 accounts, a total credit line of $1800.00, and one auto loan.