Urgent! Credit dropped around 90 point due to high utilization

[Revelate]

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@Remedios wrote:
Discover and Cap One do it. Cant remember which one is $5.00 and which one is $7.00
You still have to pay it of course, but it doesnt get reported.
Chase will report $5.00, not sure if they will report below, never tried it with them.

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I guess they've changed since I last played with them.

Chase at least used to report even $1, I'll run that test actually.

[HeavenOhio]

A balance of $5 is considered safe from being forgiven unless you happen to have a BOA Better Balance Rewards card. On that card, it's prudent to leave $10. If that card's balance is forgiven, you'll lose out on rewards dollars.

For the most part, these low balance thresholds are in the $2–3 range. There's a thread started by @Anonymous that lists a number of them. However, it's probably easiest to remember to leave at least $5 but not much more.

[NRB525]

I am interested to know how a score of 575 FICO 8 is achieved with no derogatory items, only based on high utilization.  

It seems unlikely to me, based on my own experience with high utilization.  

[Queen_Etherea]

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@NRB525 wrote:

I am interested to know how a score of 575 FICO 8 is achieved with no derogatory items, only based on high utilization.  

It seems unlikely to me, based on my own experience with high utilization.  

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I was curious about the same thing. When my scores were in the 500's it was because I had like 3 items in collections and a bunch of late payments. I don't see how a file with no derogotories or anything can generate a score so low.