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Regular Contributor
Posts: 129
Registered: ‎02-19-2008
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Help! Trying to crack 700 on EQ

So TU has broken 700 already but EQ is still struggling.  (And we won't even talk about EX)  What should I do to get EQ above 700?  Here's my stats:

 

  • Current score:  655
  • Utilization:  58%
  • Most recent late:  5 yrs ago
  • Medical collection: Feb 03
  • 10 late payments:  7 x 30 days + 3 x 60 days
  • Utility collection:  120 days - Jul 02

 

Any suggestions?  Thanks!

FICO 05/27/08 TU 721 EQ 681 EX 664
FICO 05/15/08 TU 721 EQ 665 EX 645
FICO 04/26/08 TU 685 EQ 662 EX 626
One "UP" two to go!!!
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Posts: 28,098
Registered: ‎04-01-2007
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Re: Help! Trying to crack 700 on EQ


ee wrote:

So TU has broken 700 already but EQ is still struggling.  (And we won't even talk about EX)  What should I do to get EQ above 700?  Here's my stats:

 

  • Current score:  655
  • Utilization:  58%
  • Most recent late:  5 yrs ago
  • Medical collection: Feb 03
  • 10 late payments:  7 x 30 days + 3 x 60 days
  • Utility collection:  120 days - Jul 02

 

Any suggestions?  Thanks!



Utilization: 58%

'nuff said.

Your goal is total util <9%. And individual card or two can be quite a bit more, although your best bet is to have all revolving util quite low.

Revolving util is a huge factor in your scores. First shoot for 49% or less, then 19% or less, then 9% or less.

For the various derogs, check Rebuilding Your Credit for ideas on how to get some of them spiffed up.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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