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?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years, 5 months ago.

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    Anonymous

    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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