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Frequent Contributor
JaeJae12
Posts: 349
Registered: ‎04-15-2013
0

Tips?

Hey all, I went on a app spree recently, and I also got my CR scores, my TU is 796 fico, 735 exp, and 735 EQf.. I k ow that my recent apps will bring my sores down but in 6 months it should recover, one of my question is how do I bring my exp&eqf scored up to like 750-770 at least.

Some useful informations are:
No baddies/ collection ever
Always pif/ never late ever
Prior to my new CC's I only had 1 CC a boa
No autoloans/mortgage
No bk

BCE- 30000 -BOA 123 14400 -Freedom- 28789- Citi Forward- 19900 -Citi DC- 23800-CSP 22.5k
Garden mode 3/25/14



Established Contributor
electra
Posts: 573
Registered: ‎10-21-2012
0

Re: Tips?

Two things I can suggest:

 

1) See if you can CLI at least one of your cards to $5k or higher.

2) Try leaving a small balance on one of your cards (between 1-7%)



Starting Score: TU:584 | EQ 584
Current Score: TU FICO: 711 | EQ FICO 713 | EX (USAA FAKO) 779
Goal Score: 780 across the board


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Frequent Contributor
JaeJae12
Posts: 349
Registered: ‎04-15-2013
0

Re: Tips?

To number 1. That is my goal so in 6mknth I can try and app for the last card I want csp again( my family travels a lot so it would be very beneficial of us)
To number 2 my util is always no more than 7% total on all my CC, I do how ever spread my purchases out on my cards.

BCE- 30000 -BOA 123 14400 -Freedom- 28789- Citi Forward- 19900 -Citi DC- 23800-CSP 22.5k
Garden mode 3/25/14



Valued Contributor
nicholasyud
Posts: 1,737
Registered: ‎08-13-2012
0

Re: Tips?

Why would you want your score 750 !??? I not make much diff from 720 to 800........

Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Frequent Contributor
JaeJae12
Posts: 349
Registered: ‎04-15-2013
0

Re: Tips?

I just want it abit higher

BCE- 30000 -BOA 123 14400 -Freedom- 28789- Citi Forward- 19900 -Citi DC- 23800-CSP 22.5k
Garden mode 3/25/14



Established Member
lolabeth
Posts: 26
Registered: ‎04-26-2013
0

Re: Tips?

I thought 760 was better in terms of interest rates than 720? I'm in the same boat as JaeJae12 score wise, but my utilization is way too high, so I know I need to get that together to see score changes.

I thought Equifax was more sensitive to credit card balances than TU, but if your utilization is low and you have the same score discrepancies I do, perhaps TU is just a bit more generous.
Valued Contributor
jamesdwi
Posts: 1,970
Registered: ‎09-16-2011
0

Re: Tips?

Your score may go up or stay the same as you had only one card before, the sweet spot is 3-5 cards so its a possitive to add a couple new cards that may take the sting out of the new TL's and INQ's you incurred.

 

 

At 61 days you can request a 3x CLI from AMEX on your BCE card, After 6 months you should be golden for just about any card you want and can afford the AF on.

 

 


Cards: Chase Southwest 20k & CSP 10k & Freedom 6.6k & Amtrak 4.6k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Sally Mae5k Sams Club MC 10k, Paypal Extras MC 6k, CapOne QS 2.5k, QS 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 12/15/2014
Established Contributor
calihlove75
Posts: 791
Registered: ‎05-16-2012
0

Re: Tips?


nicholasyud wrote:
Why would you want your score 750 !??? I not make much diff from 720 to 800........

Ha! Your asking someone on myfico why they want a higher score...people that tweak their utility to get any extra points they can!!!

 

We are credit nerds!!!

100% Ficos: EX 762, TU 767, EQ 762 Inquiries last 1 year/6 months: EX-0/0, TU- 0/0, EQ-1/0~ last credit card app 6/24/13- New car loan 3/8/2014
Discover IT $9500~Kohls $1000~Amex BCE $2000~ Walmart Discover $7500~NFCU Signature CashRewards $16,100~ Chase Freedom MC $6000~ Chase Amazon Visa $1900~ Cap 1/HSBC MC $2500~ Amazon Store $7000~ Fingerhut $1050
Frequent Contributor
JaeJae12
Posts: 349
Registered: ‎04-15-2013
0

Re: Tips?

I thought scores matter to lenders depending on location and how they determine let's it CL on top of other information such as income n what's on it CR.

BCE- 30000 -BOA 123 14400 -Freedom- 28789- Citi Forward- 19900 -Citi DC- 23800-CSP 22.5k
Garden mode 3/25/14



Valued Contributor
nicholasyud
Posts: 1,737
Registered: ‎08-13-2012
0

Re: Tips?

To calih : i know ppl tend to get crazy over it lol.........

Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k


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