Скачать или смотреть The AZEO Method for Credit Score Improvement

Boost Your Credit Score FAST with the AZEO Method! (All Zero Except One) 🚀

Are you looking for a quick and effective way to improve your credit score? Understanding credit utilization is key, as it accounts for 30% of your overall FICO score. That's where the AZEO (All Zero Except One) method comes in!
What is AZEO? The AZEO method involves strategically managing your credit card balances to optimize your credit score. You achieve this by:

• Paying down all but one of your credit cards to a zero balance.
• Keeping a small balance (ideally between 1% and 9%) on just one credit card.

This approach helps boost your credit score because credit scoring models prefer to see you actively using credit responsibly, rather than having no balances on any cards, which can sometimes result in a slight penalty.

How to Implement AZEO Without Paying Interest: You can utilize the AZEO method without accruing interest! The trick is to understand the difference between your statement closing date and your payment due date.

1. Before your statement closing date, pay down all your credit cards to zero, except for one.
2. On that one card, leave a small balance (e.g., $5-$10) to be reported. This reported balance will influence your utilization score.
3. After the statement posts, pay the remaining small balance in full before the payment due date to avoid any interest charges.
Key Insights & Benefits:
• Quick Impact: Credit utilization has "no memory" in current FICO models. This means if you have a high balance one month, paying it down can quickly improve your score in the next month. This makes AZEO highly effective for short-term credit boosts.
• Ideal for Major Applications: AZEO is particularly useful in the month or two leading up to important credit applications, such as a mortgage or car loan, to optimize your scores. For example, one user saw their mortgage FICO score jump from 715 to 764 using AZEO.

• Credit Cards Only: It's important to note that AZEO applies specifically to revolving credit accounts like bank credit cards, not installment accounts such as car loans. While installment utilization thresholds exist (e.g., 85%, 69%, 29%, with the highest score threshold at 9%), AZEO itself is for bankcards.

Important Considerations: While effective for short-term boosts, obsessively maintaining AZEO indefinitely might not always be necessary and could even be detrimental to obtaining credit limit increases from some lenders if accounts appear unused. Most experts suggest letting balances report naturally and paying them in full on time, reserving AZEO for specific situations like applying for a mortgage.

Ready to take control of your credit score? Watch this video to learn more about the AZEO method and how to implement it!

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