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Author: aj485 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 309100  
Subject: Re: FICO Increase Date: 8/21/2012 10:12 AM
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I went from like 99% to under 20%. Hoping by october to be at about 5%.

Credit utilization is a large factor in the category that accounts for about 30% of your score, so you will probably see a pretty good increase in your score, assuming all other items remain the same. http://www.myfico.com/crediteducation/whatsinyourscore.aspx

Here's a score simulator that might help you see how much of an increase: http://www.bankrate.com/calculators/credit-score-fico-calcul...

Using my factors, and leaving everything else the same, I saw about a 80 - 90 point increase in score estimates when changing the credit utilization factor from 90% - 99% down to 0% - 9%.

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