Capepuffin Posted August 6, 2003 Report Share Posted August 6, 2003 I charged all 4 of my new CC's to just about their limit. Now I have paid each one down to 30% or less. (This is in a 2 month period) One was a Crap 1 that wasn't reporting my credit limit correctly.What will happen to my score? Will it increase because of this? What type of increase should I expect? How long will it take, a couple of months time?Also, do CL's count toward your score? Like a $400. limit vs. a $4000. limit? Does having a higher limit increase your score? Link to comment Share on other sites More sharing options...
crofttk Posted August 6, 2003 Report Share Posted August 6, 2003 You should get a good improvement from this once it all gets updated through the CRAs which could indeed be 1-3 months. This should take care of the lack of CL reporting on Cap1 also, assuming you have the same problem as most everyone else with this issue.Here is some info. regarding %Utilization you may find helpful. Sorry if you've already seen it and I forgot: http://www.creditboards.com/phpBB2/viewtopic.php?t=3207 Link to comment Share on other sites More sharing options...
Capepuffin Posted August 7, 2003 Author Report Share Posted August 7, 2003 Thanks croft! No I didn't see that post before. That is pretty impressive! Great info!Yes I have the same prob as everyone else w/crap1! Sent them a couple of letters through PF. Yours was an excellent letter by the way! Link to comment Share on other sites More sharing options...
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