Inproving my score?

[jeacs31]

Hello,

I have a question about building credit and MyFico Score.

My current scores are TU 671/EQ 601/ EX 636. My credit is only a year and a half old so so the short history is hurting me. I have 2 credit cards which i've PIF last month but one is still showing a high balance. I have an auto loan and a loan with citi financial, which is a consumer finance account so it's also lowering my score. This weekend, i applied for and got a JCP and a Dillard's. I don't have any late payments and have about 8 inquiries. My question is.. what can i do in the next few months to improve my score?

[Anonymous]

Let one credit card report a small balance (I find I get the most points when my credit card reports 1% (and lose 3 points when it reports 3%)

As the inquiries age your score will go up.....Sometimes at the 6 month mark people see a couple of points......

Also I wouldn't apply for anything else...if you maintain your existing credit cards in time they will raise your limits and give you more available credit that way instead of obtaining more cards.

[Anonymous]

Do not forget that once you have the accounts a 0 balance, you keep them open.  Do not close.