Must be my lucky time! 37 pts on equifax, 34 on transunion, down one on experian :-(
The addition of the six cards I got this yr have really helped!
and 22 for walmart fico!
You added 6 inquiries in 1 year and that helped your scores?
Starting FICO EQ Score: 597
Looking good!
And it's possible to have a score increase if OPs util was lowered
And it's possible to have a score increase if OPs util was lowered
@klondike wrote:You added 6 inquiries in 1 year and that helped your scores?
lexy hit the nail on the head
Help me understand how adding 6 inquiries in 1 year, regardless of util shows responsible credit management.
@klondike
There are various reasons why a person decides to add cc's to their portfolio. Responsible credit management to me is being able to pay your debts on time, live within your means and app for cc's you need.
There are various reasons why a person decides to add cc's to their portfolio. Responsible credit management to me is being able to pay your debts on time, live within your means and app for cc's you need.
@klondike wrote:Help me understand how adding 6 inquiries in 1 year, regardless of util shows responsible credit management.
help me understand how it doesnt
I have no collections, pay all bills on time, and never max out my cards. I didnt have much for revolving credit. again, show me how it doesnt
@klondike wrote:Help me understand how adding 6 inquiries in 1 year, regardless of util shows responsible credit management.
I add 5-7 a year for different purposes
0%
Gas incentives (current 2% when my Discover isn't getting 5%)
Food incentives (current 2% Looking at two now that gives 3% or 6%)
points structures cash back and travel miles
Signup bonuses (current 41,000 + pts)
There's 5 different reasons and I pay no interest on any cards
As of August CC's have paid me 300.00+ in cash back and 4 months left in the year
I have cards that I will redeem points for gift cards come December for Christmas gifts
So if you really take a good look at it they're paying me to use their cards and next year CCC may have other cards that suit me better...
(responsible credit management)