Re: Newbie Question..
11-14-2012 04:38 PM
Ok i think i got it. Thank you so much for explaining !!! It helped a lot.
And Jamie...I will use all cards Every month leaving a small balance on them around 5% (less? More?) Yes, 5% would be good. until when? January? Until the last payment due date before you plan on applying for Care Credit. Then pay them all down to report zero except one ? Yes, perfect! And then wait 1 week before applying for Care Credit.
Is that right? I'm assuming for Christmas I will have a slightly higher utilization than 1% anyway...but I will let the balances carry over if you're suggesting it will help my chances of getting approved for care credit in late Feb/early March.
I really appreciate everyone breaking this down for me. Man is it confusing lol!
Starting Score: EQ 658 6/18/12
Current Score: EQ 690 11/17/14 - EX 687 7/21/14 - TU 682 7/21/14
Goal Score: EQ 720+
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