My TU score is 606.
I have a CC with a $700 balance of a $1000 limit and one with $100 of a $450 balance. I also have a closed Citi card that has a $3000 balance (and I know it's reported as a 0 limit, KILLING my utilization).
When I look at myfico, it says that my utilization is about 85%. Basically, it doesn't take the closed Citi into account- it just counts it as a regular tradeline with a $3500 limit,
When I use the Score Simulator and say that I'm going to pay the balances completely off, it says my score will go up to '606-626'. Same for paying $1 of it, and everything in between.
My current utilization is well over 100% because of the Citi card, but myfico doesn't recognize that in the simulator? Any guesses as to what a boost might occur if I pay it off completely? Surely more than 26 points, right?
