Utilization score increase?

[Anonymous]

 Good afternoon I'm just trying to get a hold on the credit game so any help is appreciated. I'm stuck at 31 utilization for the past 2 months. I'm an AU on my fiancé accounts and we decided to pay one of her accounts down to help me out . My C/c are all under 10%. My question is how much of a score increase can I expect. Btw I have two collections that should be reflected in this months reports. Thanks in advance !!

Ex 687

Trans 646

Eq 660 

[Girlzilla88]

You have 2 collections that should report updated?!    Or that should be added?!    Adding collections will drop your score.     

[Anonymous]

@Girlzilla88 @Sorry for the confusion they are deleted. Just waiting for the update on myFICO 

[Girlzilla88]

Ok got ya anything below 30% is GREAT so you may see a jump from that as to exact figures nobody will ever know we call it YMMV (your miles may vary), BUT removing Collections (once they are gone gone off your information) typically gives a Large jump!   I took 2 off mine and in a few months when they were both off all 3 my score had jumped around 75 points or more depending on which B, but again YMMV

[Anonymous]

Thanks for the info!! One of the collections came off of equifax and experian still waiting for TransUnion to update, should be soon. The other collection said it should be off by the end of the month!! 

[Anonymous]

---

@Anonymous wrote:

Thanks for the info!! One of the collections came off of equifax and experian still waiting for TransUnion to update, should be soon. The other collection said it should be off by the end of the month!! 

---

Look into AZEO on the threads - all zero except one. Being under 8.9% util on 1 CC while the rest report $0 balance will tend to give you the bigger score boost...including AU accounts. You can also looking into utilization thresholds here.

Good luck!

[Girlzilla88]

If you follow the AZEO method though be sure your BANK card is the one you choose to report the balance or you can split it up between your cards to equal up to 8.9% with the larger amount being on a bank card.      But if you do decide to keep some or one 0 be sure you still use that card and just have the statement report 0 so they don't lower your limit or possibly close your card due to not using it.