Hello everyone,
I have been trying to rebuild my credit since Jan. 2016. I started with score of 430 which is now EQ: 598 TU: 611 EQ: 613. I know I still have a ways to go but it makes me feel good seeing the numbers go up. I have (4) credit cards:
Cap Platinum: 1000 credit limit; credit card was 750 and I ask for CLI last wk and was given $250.00. ($1,000 credit limit) owe 300.00 I know it's not alot but it's a start.
Cap Journey: $500 credit limit; CLI was given $250.00 now credit limit is ($750.00) (owe 350.00)
Cap Platinum: account restricted 300.00 balance.
Credit Union secured card limit 300.00: (owe $193.00)
I have been bringing the balances down quickly. By next month I should be at $0.00) with all the cards.
Once the credit scores get a little higher will I receive better offers for cards.
Is there anything else I need to do?
Thanks for the advice.
Starting Score: EQ 430, TU 467, EX 465
You need to let 1 card report a small balance of no more than 9% of its CL if you are going for max Fico. All reporting a 0 is a Fico 8 decrease in score.
