Good Evening myfico forum,
I was just checking my balances on a few of my credit cards and I notice that 2 of them (1 a store card(250->470) and the other a Visa(300->500)) just increased this month. Currently, trying to clean up my credit, total of 6 cards combined balance of $6265. At this point I am paying off 4 of the ones under $500 at the rate of one a month. My goal is to only have 2 credit cards with balances by January 2009(all cards (6) are in good standing). Will these increases hurt my scores or bumped them up?
FYI, those 2 cards as of November I will have had for 1 year.
FICO Scores 7/15/2008: EQ 600, TU 546, EX 490
9/17/08 - TU 571,12/17/08 649,3/16/09 638, 6/14 642
ScoreWatch 12/17/08 EQ 646, 1/2/ 09 664, 2/2/09 684,2/12/09 673, 2/16/09 688, 2/27 674,3/3 682,4/16 685, 6/28 679
1/2/09 EX 668 2/13/09 669
AS of NOV08 I am Credit card debit free. I AM A MYFICO.COM ADDICTED
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