04-05-2013 01:37 PM
04-05-2013 01:42 PM
Credit is a long term gain. Other than utility changes it's hard to get any quick changes. Make sure you pay off your credit card before the statement cuts leaving that 9% or less balance. I would also consider opening two more lines. Three cards is a good minimum for a higher score.
I am trying to improve my credit score. I have one cc and recently increased my available credit to double what it had been and I have been paying ontime. I have tried to keep purchasing on card to 9% and of course paying it off at end of month. I also have a mortgage. Credit changed from 587 to 613. How long will it take me to get to 680 or 700+?
04-06-2013 12:43 PM
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.>> About myFICO