Will Spreading Out Balances Improve a Credit Score?

Is it better to have one credit card completely maxed out or is it better to spread the balance across several credit cards? Neither is good for your FICO and VantageScore credit scores.

The bottom line to credit score is the balance-to-limit ratio. The higher the ratio the lower your scores will likely be. The best solution to your debt balance dilemma is to pay it down, or off.

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