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UtilizationUtilization
rapidanian said: "How much does utilization affect your score? A LOT.
One day my report showed .79 utilization
The next day it showed .90 utilization and score went down 14 points!
Can't wait to see what will happen when everyone reports and the accurate utilization will be 50%.....soon (after tax refund) will be under 30%. That should make a difference!!!! :D"
credit_card_collector said: "I think it has a big impact yes. My score went down about 60 points when I went from 30% usage to 60% usage (fakos). I will let you know how my score is affected tomorrow morning when I repull for bump because my good news for the day is that my credit line on my MBNA card has been increased from $2000 to $3500 (happy dance) so my usage percentage should go way down and my score should go up a little, or at least I hope so. :)"
rapidanian said: "Cool! One of mine increased my CL also, but its not reporting the higher amount yet :(
Still, 50% is better than 90% :D"