Originally Posted by Chula Vista

Found this out recently regarding revolving credit (credit cards other than American Express). Credit agencies give you a nice bump if your revolving debt is less than 30% of your credit limit.

I have two Visa cards with a total credit limit of $21,500. After selling the house I paid them both down quite a bit. I currently owe $4,547 on them which is 21% of my credit limit.

My Fico score went up almost 40 points just by getting below 30%!