Hello all,
I have been lurking here for a couple of weeks. I am interested in getting some opinions from everyone on how to raise my wife's and my score.
Background, LOML and I did a lousy job of managing fiancies until about 3 years ago. Now everything is paid off, except for one large CC which has 9K left on it. The account was never deliquent but the total is high. No other CC debt aside from that. In the past 12 months we paid off two cars, neither account ever deliquent. Both of our scores are now in the 650's. We worked really hard over the last year to get them up and we saw lots of improvement quickly. Now things have staggered and stalled out. So now I am wondering what I can do to keep them moving up.
There are several baddies that have been paid off. All baddies have been paid. I don't think I can try a PFD at this point because one they are paid off and two the reason they were bad to begin with was our own fault not some bad event as most PFD examples have. Additionally most should age off in the next 12 months (except for maybe one or two which will age off in two years or so). We are hoping to buy a house in the next 12-15 months. So now my questions.
Aside from trying get rid of the baddies and keep paying off the one CC with 9K what else could we do?
We each have one open CC with a very low credit limit. Should we try to each get a second CC?
We have been very proactive about getting our financial situation straight and want to keep moving forward in terms of improving. I am still pretty disappointed with our scores and credit histories.
Thoughts are appreciated.
Thanks!