How will paying $20,000 change my score?

[robinandtami]

My girlfriend's and my credit scores used to both be around 760. Knowing that we would be coming into a decent sum of money this year, and knowing that we wouldn't have trouble making minimum payments until the money came; we made quite a few credit purchases to make home improvements, etc. Our credit balances went from about $15,000 to around $33,000, with several cards close to max. Our scores went down to 691 and 694 respectively. This month I am paying $23,000 towards the debt, which will pay off all cards except one for each of us. This will leave us with less than $10,000 in cc debt, but one remaining card will be at 90% of it's limit and the other will be at 75% of it's limit. I plan to leave all of the paid off accounts open, as I understand that should positively affect our scores.

Does any knowledgable person have a guesstimate as to what range our scores should end up in when these debts are paid down? I know you can't be close to exact, just looking for an educated guess because I am too impatient to wait and see.

Thanks

[94B]

There is NO way that any knowledgeable person could give you a score range, sorry. Bringing down the utilization(decreasing balances owed) is always a plus for your score.

Have you tried the Fico Score Simulator?? It's been fairly accurate in my experience with the actual score lying somewhere near the lower to mid range of whatever the prediction is.

Credit Score Calculator | Improve FICO Score