??Need Help With Improving Credit.. Shows Nothing??? No Fico score

[Anonymous]

Hello to all. This is one of the best sites. Thank you for all the knowledge.

At this point:

I have 3 Doctor Bills Debt of  $1143.00

I had sprint bill but payed off $290.00 this was from a couple of years ago.

I have a Judgement from a Bail bonds place from 2006. was paid off. comes off I hope next year??

I just got a secured credit card through bank of america. now i am getting one through SECU Credit unoin?

Is that a good thing to get two unsecured credit cards in one month? BoA $500.00 limit Secu $500.00

From what I have learned on here. The best thing is to use about $50.00 a month out of my $500.00and pay it off 4 days before the due date.This will get me lower then 10% util. Am I right? That will get me a score. Thanks for the Help.

[jamie123]

Yes, you are mostly right.

You can use your credit cards up to their limit but you must make sure you pay them down so only $49 or less reports as a balance on 1 card when the statement closes. (A couple of days before the due date.) One card needs to report zero.

After about 3 months you might be able to generate a score but it could take as long as 6 months.

After 6 months or when your scores reach 640 consider applying for 1 more credit card. Perhaps a Walmart unsecured.

1 late payment and you will be IN TROUBLE! Time to get it together.

[Anonymous]

Thank you so much for your time.