Moderator Emeritus
Posts: 4,469
Registered: ‎12-31-2008
Re: Take the FICO Fitness Challenge for 2011!

thunder7896 wrote:



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!

Just puttin' syrup on something, don't make it pancakes.