I've been slowly increasing my FICO score (and doing a pretty good job of it).
This month I moved my secure credit card from $500 limit to $1500 and always keep a low balance on it. My balance, though, this month, was $6 more than before -- and my FICO score dropped 5 points.
So....This month:
+ CC balance up by $6
+ CC limit to $1500
+ Fico score drops 5 points.
What gives? 
This makes me afraid to do much as it will negatively impact my score.
Any ideas?
@ZX10Guy wrote:I've been slowly increasing my FICO score (and doing a pretty good job of it).
This month I moved my secure credit card from $500 limit to $1500 and always keep a low balance on it. My balance, though, this month, was $6 more than before -- and my FICO score dropped 5 points.
So....This month:
+ CC balance up by $6
+ CC limit to $1500
+ Fico score drops 5 points.
What gives?
This makes me afraid to do much as it will negatively impact my score.
Any ideas?
Scores are always going up and down. It's just the way it is. You asked for ideas?
Always pay on time.
Keep utilization at 1-9%.
Don't apply for credit you don't need.
Let all your accounts age.
If you have any negative entries on your reports try to get them removed.
It all sounds so VERY boring but it works. I am living proof of it as are hundreds more on these forums.
From a BK years ago to:
9/09 EX pulled by lender 802
3/10 EQ- 800
4/10 TU -772
You can do the same thing with hard work
Credit Scoring 101
Common Abbreviations
Frequently Requested Threads
Whats In Your FICO Score
That's a very good point -- it's just that I'm working hard to increase the numbers and I love the feedback of the numbers getting higher and higher
Thanks all for the input, though. It's very appreciated!