I have 3 credit cards. All three have low credit limits and I have pretty much maxed out all three and I know this is killing my score. In the next couple of weeks I will be getting my hands on some spare cash and I intend on paying these balances down. What percentage of credit used should I shoot for to get the maxium jump in my score? Thanks
Do a search on utilization. There was a very indepth thread here a couple of weeks ago that dealt with this specific issue. I also have 2 cards one with a 300 cl and a 750 cl I just paid them down to 0.
