Reply
New Member
Posts: 4
Registered: ‎07-09-2007
0

Score won't budge!

[ Edited ]
Ishmael109,
I am new to the FICO forum and SCOREWATCH. I have been closely monitoring my credit score for over 1 year now and have seen minimal increases in my score. I pay all my bills on time, I only have 3 credit cards with limits of $900.00; 2500.00; and 950.00. I don't know what I'm doing wrong. Can you please give me some advice? My goal is to buy a house by the end of the year but not with my current score. My goal is 760. Is it true that I should leave a small balance on my credit cards once a month?
Thanks,
Tish



edit: this post was split off the High Achievers thread to start its own thread

Message Edited by haulingthescoreup on 07-29-2008 07:32 PM
Moderator Emerita
Community Leader
Epic Contributor
Posts: 28,098
Registered: ‎04-01-2007
0

Re: Score won't budge!

Hi, tish, I can't find the original post by Ishmael, but I'll try to jump in.

What is your score now, and which score is it? (EQ-Equifax vs TU-TransUnion vs EX-Experian) And I assume that it's a FICO score, bought here, and not a FAKO.

Look on screen two of your FICO score report. What are the negatives, and what are the positives? These can be very useful in figuring out where you need to go.

What baddies are on your reports, and how old are they?
* 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
Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
0

Re: Score won't budge!

Ideally, you want your balances to report less than 10% of the CL. If your score still doesn't move after doing that, them maybe there are bad items on your CR that need to be removed.
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.