I have 2 cards, 1 First Progress with $1000 cl and 1 OpenSky with $400 cl. My utilization has been ~15-20% on both, and I just paid them both off, First Progress has a 0 balance and OpenSky has a $7 balance.
I know it's not much but it's where I'm starting from. How much improvement do you think my scores will see from the 15-20% util to the 0-1% util? thanks
Tough to say. Are these the only two accounts in your file, or are there other things such as loans. How old are these accounts? What are your current scores?
My scored are low. Ex 516 Tu 564 Eq 573. They are the only current but negative info on my report. I got them both in Feb/Mar 2015 and I wasn't able to pay them until End of July/Aug so on Tu I have a 30/90 day late and Ex 60/90 I'm hoping to write a good will. I had maxed them but in July/Aug I paid them down to ~40% and then Sept 18% and this month I paid the rest off. AAoA 7 months. No loans and I have 3 baddies on Ex and 2 on TU. Hoping to send a goodwill letter after 6 months of on time payment
