Gaining credit score points after high credit limit usage
Hi, I spent over an year relying on my credit card and went way above the 30% usage, almost maxed it out... and my credit score sank.
I didn't miss any payment, nor I was ever late but I was paying the minimum while spending more than that, so my balance kept increasing...
I don't exactly know how credit score works, I saw my score going down from my Lloyds app (TransUnion score) but I didn't pay too much attention because I couldn't do anything about it
Then, when I finally was able to start paying back a bigger chunk, I saw my score gaining some points.
The first increase was 9 points after I brought the credit usage from 97% to about 85% (I think the threshold is <90% or <95%)
It stayed stable until I went under 70% (threshold probably 70% or 75%) that's when I got 9 more points.
I've been over 50% for few months and the score hasnt changed. I believe the next thresholds are <50% and <30% and, maybe 0%?
I'm finally getting a back payment I've been expecting for a while and I'll be able to pay the balance in full, but.. will I get all the points that I'd get if I hit <50% and <30% (and 0%, if that counts) separately?
For example 9+9+9. Or will I get only 9 points?
I need to move so I'm willing to keep paying interests and pay in 3 differents months if it helps my score, but for the same amount of points, I'd rather not waste more money in interests and finally be free from this debt.
Thanks in advance!