Will my credit score go up any or down? I paid some things down. 697.35 to 160.85 on a 2800 crdline I have a amex that I open in Mid Jan crdline of 2000 that hasnt posted yet the statement balance shows 345$ even though its now 245 GEMB 0 balance one a 800credit line still 0 balance How much can I expect to gain by paying down card like i have / or will i loose points because when amex first appears on my credit reports....