Understanding FICO® Scoring

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Willow
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Willow
Posts: 5
Registered: ‎05-25-2007

HOW INCREASE FICO SCORE

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‎05-25-2007 03:34 PM

   My FICO score increases five points per month when I use only one of nine credit cards at a time and charge $2 to $5 on it, then pay it in full when the statement arrives. Current FICO score is 767. This is my best tip for increasing the score.  Willow 
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Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: HOW INCREASE FICO SCORE

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‎05-25-2007 07:07 PM

Mods.. pleae move to correct forum.
 
OP: Your score is already excellent. A higher score will have no benefit to you.
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Willow
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Willow
Posts: 5
Registered: ‎05-25-2007

Re: HOW INCREASE FICO SCORE

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‎05-29-2007 12:36 PM

Thank you.
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myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

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