For the hek of it, i pulled Myfico, and my score went to hell, like 683 from 720. I still have NO derog marks and only 3 inquiries in the past 6 months. My main negative factor was ratios. Im at like 49%. Is it that much of a killer. I mean cmon, i really only have about 8 thousand in revolving debt. Its not that much. My other negative was length of history. Help me out here guys
My mortgage broker says that 35% is the break point that all credit cards should be below for the best scores. I find that using the Dillards card, which does not show the credit limit is a few point hit because it would be near 100%. If the credit limit is 0 then the high balance is supposedly used.
