Does my debt to limit ratio significantly impact my credit score?

Tips and Deals Forums Consumer Credit Improve Credit Does my debt to limit ratio significantly impact my credit score?

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    • #380471
      Anonymous
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      I’m a recent college grad and have around $ 5,000 in credit card debt across 4 cards. I’m near the limits on 3 and about half way on the 4th.

      I recently found my credit score to be low 600s. If I pay this debt down to about 40%, will my score improve quite a bit?

      Thanks

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