So I just wanted to ask, in my case, I am about 75k in debt, have about 100k total credit so roughly 28k avail.
When I run my credit report here through my fico it says my debt amount is “fair”
I am very slowly paying off my debt with auto pay for above the minimum on all cards.
Do creditors actually see that accounts are enrolled in auto pay and if so do they see those amounts as being more than the minimum and does that make any difference to them whether you are more credit worthy or not ? (obviously with autopay on, you will never be late) … get my drift ?
I know my bk that was filed in 2009 and with the amount of debt I have throws a monkey wrench into my thinking, but I want to think that if I person with a lot of debt has autopay on for more than the minimum, the creditor can at least see they are “trying” and won’t be late…
Thank you for your input…