03-03-2012 10:44 AM
Just thought I'd update, as of 2/2/2012 my TU was 799, and as of today my TU is.....
03-22-2012 08:39 PM
Wow nice keep it up Mustanglvr!
I can't wait to be where you are soon! Hopefully with in the next 6 months or so!
04-25-2012 08:24 AM
I'm new and still finding my way around this site. I am currently at 766 TU-771 EQ and I'm shooting for 800. I am currently being reported as having a total balance of 2100. on 1 card and a 600. bal on another and I paid both off today. I don't carry balances because I don't get along with Bill and so I have a tendency to lose track of him occasionally but not to the point of late or missed payments.I carry 4 cards total and I'm wondering how much these current 0 balances will increase my score..
04-25-2012 09:13 AM
Welcome SSP. Good show on your credit management. The zero balances will increase your score, but only for awhile. You need to have some credit, even if it's minimal, to show that you are a responsible but regular credit worthy spender. Ask me how I know. I'd like to keep 0 balances all the time and just use my debit card, but that's not playing the FICO game.
04-25-2012 10:17 AM
Exactly! and thank you ;-) I prefer using my debit card as well . I know I have to use these cards here and there for the purpose that you stated. I will make very small purchases to stay in the fico game and perhaps I will see my 800 soon ;-D thanks again
04-27-2012 08:22 PM
Welcome SSP your well on your way!! Those are some very impressive scores to be starting with very nice! Maybe you and BILL should get on an auto pay schedule that away you don't even have to worry about him quite as much! You still have to check on it every once and a while but a little more reassuring knowing it's going to be taken care of for the most part. No need if your going pay eveything off though no balance is the way to go!!
04-27-2012 08:43 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