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Old 09-20-2007, 09:24 AM
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josh j is on a distinguished road
Default Will my credit score go up?

If my Debt to Income ratio is at roughly 80% and I pay off all my debt will my credit score jump next month?
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Old 11-29-2007, 07:14 AM
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WhatTheFrank is on a distinguished road
Default Do you mean...

Do you mean your credit limit to credit balance ratio. A strong possibility, when the accounts are updated. Your debt to income is a factor that is calculated outside your credit report arena using information on your credit reports. Aim for :
credit limit to credit balance ratio 25%-38%
debt to income ratio 25%-38%

It is just a guide but depending what you are trying to do, you could be as high 49% and be ok.
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