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Question By
Fokused123

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How much does decreasing your balances by half help.
Des going from a 2475 balance to a balance of 1339 with 2500 of credit raise your score much?

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Top Contributor
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yes, right now as far as scores as concerned you are using 100% of your credit.  You need to bring it down to a min of 30%  You will see your score go up.

Top Contributor
7344 Contributions
3805 People Helped

And it is best to try to keep your card usage no higher than 10%.

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