will scores generally increase each month?

[Anonymous]

Each month I owe less on things im paying down. If 3 accounts are closed that I'm paying on will it still help the scores as they decrease?

I've heard from some that a closed account won't help at all even with getting the balances lower.

[SusieQ]

Closed accounts with balances impact your utilization.   Paying them down will reduce your utilization and have a positive impact on your score.

[Anonymous]

Your score is improving as your utilization is decreasing.  If you close accounts then the total amount of credit you have available decreases and your utilization will become worse.  This can degrade your score.  If your other accounts are all at low balance, then your score may not be affected, but your utilization will always be more sensitive to any balance you may carry.

[Anonymous]

I have one amex that im using that is 95 percent pif. The rest im hammering on to pay off. The good thing now is that my only negative is utililization and the reports are clean other than balances and maybe closed accounts. Its nice not to have any late payments. I got tired of having to explain those for anything I tried to do.

If I didnt owe anything my scores would prob shoot up quite a bit.