Rebuilding Your Credit

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Lasko189
Posts: 20
Registered: ‎10-15-2012

Re: Will paying down installment loans raise my credit score?

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‎10-17-2012 10:58 AM

Shogan, care to venture a guess on how much it will raise my score? Currently my revolving credit is "over drafted" by 1,980.00 dollars.

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Shogun
Posts: 7,374
Registered: ‎04-15-2011

Re: Will paying down installment loans raise my credit score?

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‎10-17-2012 12:59 PM

I'm guessing 30 points or more at least.

Starting Score: 504

Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
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Member
Lasko189
Posts: 20
Registered: ‎10-15-2012

Re: Will paying down installment loans raise my credit score?

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‎10-17-2012 06:32 PM

THAT IS WHAT I WANT TO HEAR! I think by getting myself added to some high limit low balance credit cards I can easily get myself to the 620 to qualify for a home loan I need in 30-60days!

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