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posted May 20, 2020 7:15:37 AM

best method to fix credit score

I have multiple cards at various percentages of use. I can pay some smaller cards at 35% usage to zero OR pay down larger balances that will take the card from 98% usage down to say 80%.  Which plan gets my score increased the fastest?  Thanks

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1 Best answer
Level 15
May 20, 2020 10:44:43 AM

Probably either method will work since what actually matters is your credit utilization ratio.

 

See https://turbo.intuit.com/blog/credit-score/why-did-my-credit-score-drop-2949/

1 Replies
Level 15
May 20, 2020 10:44:43 AM

Probably either method will work since what actually matters is your credit utilization ratio.

 

See https://turbo.intuit.com/blog/credit-score/why-did-my-credit-score-drop-2949/