Advice – CC Utilization Reporting for April

QuestionsAdvice – CC Utilization Reporting for April
asked 4 years ago

I recently experienced a score drop of 4 points for letting my CapOne secured card have a $ 0 reporting balance. I would like advice on how much of a balance I should have the card report in April. For my February CapOne statement, I had a reporting balance of $ 51. 

 

Here’s how my current report looks: 

 

Good Accounts – 

1. CapOne $ 500 limit – March showed a reporting balance of $ 0 – Bill due March 16th, will report on credit Mar 20

2. NFCU $ 1000 limit – New card – First statement is due April 4th 

 

Bad Accounts

1. Comenity(TU/EX/EQ) – $ 751 Charge-off from Jan 2017 – settled for $ 469; account now reporting as paid and closed

2. BB&T(TU/EX/EQ) – $ 1,411 Charge off from 2011 – settled on 3/24 for $ 705 – was told it could take 10-15 for update on credit report

3. Fair Collections & Outsourcing(EX/TU/EQ) – $ 1,668 Collection from 2011 – settled for $ 166.80; account now reporting with $ 0 and open

4. National Credit Systems(EX) – $ 4,161 collection from 2011; reporting on Experian only and can get early exclusion on May 29, 2017

5. DeVry(EX) – $ 1,300 Defaulted loan – applied for consolidation and amount will absolve into this and be deleted from Experian – still waiting for processing to be done

6. Berks Credit (EX) – $ 545/$ 683/$ 724 – reporting on Experian only and can get early exclusion on July 29, 2017

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