Re: Take the FICO Fitness Challenge for 2011!
01-12-2011 09:15 AM
1. Goal score for 2011 is at least +730 for all 3 bureaus.
2. Current scores are TU 708 and EQ 673
3. I don't have any credit cards for the last 5 yrs. and loans (well I did bought a new car but paid cash , big mistake). I always thought that not having a credit card is a good thing, WRONG. I guess to improve my credit score back to where it was is to take out a loan and apply for 3 credit cards. I hope I get approve with my current credit score. thanks in advance.
Hi thunder and welcome! You may just need to open one bank/national cc. Then see where you stand. Folks are in the excellent category (760+) without taking out a loan. There's probably a few other things you can do if you're at 673 - posting on the Rebuilding Your Credit forums is a great place to find out what to do next.
Glad you're here!