I have 4 small credit cards, one at $300 limit, $700, $1500 , $1500. I have no personal loan and my credit score is at 630 equifax . I have paid all my balance down to $0.
1) Is a personal loan the same as an open installment loan?
2) I read somewhere that if i get a personal loan from a bank my score can increase. But when I run the fico simulator if i have an open installment loan my score would decrease. So will a personal loan increase your score or decrease it?
3) Should I get more credit card. My credit card companies only gave me a $100 credit limit increase and the other say they wont give it to me because economy is bad right now or something.
4) What can I do to increase my score fast. I want to buy a house. I have been paying on time for the past 1 year , i already removed all the bad things i can and my score has only increase by 30 pts how can i increase it faster...
5) What is the fastest way to get your scoreto increase by 90 points. I already tried asking for credit limit increase, already paying everything on time, and paying everything down, already removed all the bad things. I dont know what else to do. My score has been the same for the last 3 months has'nt really changed much. What else can i do?
