What are the CC utilization levels?

[diane11]

I have some extra cash and would like to pay down some credit card debt, but trying to figure out how much to pay on each card. I know that the lower the utilization, the better (obviously), but what are the percentages where I'll get a score boost? 

[AllZero]

---

@diane11 wrote:

I have some extra cash and would like to pay down some credit card debt, but trying to figure out how much to pay on each card. I know that the lower the utilization, the better (obviously), but what are the percentages where I'll get a score boost? 

---

Remember these aggregate utilization thresholds: 8.9%, 28.9%, 48.9%, 68.9%, 88.9%
Remember these individual utilization thresholds: 28.9%, 48.9%, 68.9%, 88.9%

If you're not crossing a threshold, you won't be getting points.

Aggregate: 10-15 points for aggregate crossing a threshold.

Individual: ~5 points points for individual crossing a threshold.

Look into AZEO Technique. All Zero Except One card reporting a small balance e.g. $5-$10. Use a bank card. Do not use a store card.

Get your CC aggregate utility at or below 8.9% for full FICO points optimization.

Scores will react positively with one revolving credit card reporting a balance.

[AllZero]

I would recommend reading the below from ABCD2199
The Truth about Credit Card Utilization
My 11 Rules to Credit Rebuilding
FICO Score: What to pay down first?

[EAJuggalo]

8.9, 28.9, 48.9, 68.9, 88.9 is what I've gleaned from around here.

[Anonymous]

^^^ correct but you'd do well to pay to 7/27/47/67/87 so that after interest is added, you remain below the cutoffs instead of going back over the breakpoints and losing the gains.

[SouthJamaica]

---

@diane11 wrote:

I have some extra cash and would like to pay down some credit card debt, but trying to figure out how much to pay on each card. I know that the lower the utilization, the better (obviously), but what are the percentages where I'll get a score boost? 

---

The most important breakpoint for individual card utilization is 28.9%.

[Andypanda]

This seems to be a common newbie question. It might be useful for a moderator to sticky, pin, or whatever tge correct term is so it is easy to find. Just a friendly suggestion.

[credit_endurance]

---

@SouthJamaica wrote:

---

@diane11 wrote:

I have some extra cash and would like to pay down some credit card debt, but trying to figure out how much to pay on each card. I know that the lower the utilization, the better (obviously), but what are the percentages where I'll get a score boost? 

---

The most important breakpoint for individual card utilization is 28.9%.

---

What seems to be the most optimum breakpoint for installment loans?

[Anonymous]

Under 9% on a loan gives a good score boost, often in the 20 point range. Note that if you have more than one loan, that's an aggregate loan balance under 9%.

[AzCreditGuy]

---

@AllZero wrote:

---

@diane11 wrote:

I have some extra cash and would like to pay down some credit card debt, but trying to figure out how much to pay on each card. I know that the lower the utilization, the better (obviously), but what are the percentages where I'll get a score boost? 

---

Remember these aggregate utilization thresholds: 8.9%, 28.9%, 48.9%, 68.9%, 88.9%
Remember these individual utilization thresholds: 28.9%, 48.9%, 68.9%, 88.9%

If you're not crossing a threshold, you won't be getting points.

Aggregate: 10-15 points for aggregate crossing a threshold.

Individual: ~5 points points for individual crossing a threshold.

Look into AZEO Technique. All Zero Except One card reporting a small balance e.g. $5-$10. Use a bank card. Do not use a store card.

Get your CC aggregate utility at or below 8.9% for full FICO points optimization.

Scores will react positively with one revolving credit card reporting a balance.

---

I would take the above with a grain a salt as I had Individual and total ratio cross thresholds and only gained 9 pts for what should have seemed 30+ pts gained for my progress, which didnt happen