which card to pay off first

[Anonymous]

Help,

My balance to limit ratio is very high on most of my cards.. what would increase my score the fastest.

Pay off the cards that have a limit of 1000 or less  first.... so balance would be --0- or pay more on the larger limit cards first - ( I would not make much of a dent in the larger limits this way- but what is fastest for score)

thanks

[Anonymous]

As far as revolving accounts.........FICO likes to see less than half your accounts reporting balances, individual util on accounts and overall util between 1-9%.

Unless you are looking for a score increase because you are about to app for a mortgage or something, I would pay on the highest interest rates.

[Anonymous]

I would like to increase my score - will be car shopping soon... I could pay off 2 or 3 small balances easily within a few days... that would decrease the number of accounts untilized, would this be the best?

[Anonymous]

This is what I would do. However, I am not real good with scoring.

Would you like me to move your thread over to "Understanding FICO Scoring"? I am sure you'll get more and better responses there.

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jhqpa wrote:

I would like to increase my score - will be car shopping soon... I could pay off 2 or 3 small balances easily within a few days... that would decrease the number of accounts untilized, would this be the best?

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[Anonymous]

yes please move question - thnks