UTILIZATION Challenge !! Credit Addicts needed !

Hi all!  So, this is a "what if" scenario that I need help with.  My scores are climbing wildly as I pay down my cards, with a 10 point jump overnight just for bringing UTIL down on one card from $500 / 600 CL to $259 / 600 CL !!  EX FICO.  So, I want all you credit addicts to give me a ROUNDABUT (Yes I know there is no way to get na exact #) idea of how my score may jump by the beginning of August after the following pay downs post!  I will be as detailed as possible: Scores on 4/1/15:  TU 529  EQ 498  EX 517  Scores on 7/1/15:  TU  557  EQ  555  EX 567
 Scores as of 7/23/15:  TU 601  EQ 586  EX 601 !!   Barclaycard VISA Apple:  WAS AT $2,990 / $3,000 -  Will report as $2,600 / $3,000 on 8/1  (- $390)  *** 0% APR. *** 86% UTIL down from 99% UTILNFCU Secured Visa:  WAS AT $690 / 700 CL - Will report as $0.00 / $700 on 7/26  (- $690)  0% UTIL down from 97% UTILCreditOne Bank:  WAS AT $315 / 400 CL - Will report as $340 / 600 CL  (Was given CLI of $200!)  57% UTIL down from 79% UTILCareCredit:  WAS AT $1500 / $3000 CL - Will report as $1399 / $3000 on 8/2  (- $101)  48% UTIL down from 52% UTIL  *** 0% APR ***Western FCU:  WAS AT $415 / 500 CL - Will report as $280 / 1,000 (Given $500 CLI!)  28% UTIL down from 83% UTIL Capital One QS:  Brand new - not yet reported - $0 / 1,000 CL   0% UTIL and  *** 0% APR ***  until 4/2016 So, overall UTIL is going from ~ 81% to ~ 55% !!!! Still well above the recommended I know, but I am shocked to see how much scores have jumped just from paying down balances a little -- now these will all report with signifcantly different balances!!!! * Side note:  No lates, all debt current for past 12 months. Student loans, auto loan, credit.  One collection in dispute, 2 collections medical debt aging off in Spring time.   Any forecasts would be appreciated, as well as any advice !  Thank you all !!!

Joeyzoom416 wrote:
Thanks guys. I'm going to work on getting Barclay down as the interest rate is awful after the intro APR. WORSE than Credit One!! Ridiculous. The others I will keep at or under 40% and less when I get the extra funds. My goal is 650 by Christmas and 700 by spring 2016! Doable ???Of course its doable. But scores will not climb like that from utilization alone. whatever is surpressing your score that is what you need to focus on. the fact you are at 601 says a lot of something is holding you down. ie. collections. charge offs or whatever. if you can get even 1 removed you would see a big increase. but bring your utilization down to 1% will not give you a 100 point boost in a year. no matter how hard you try.

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