https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/How-much-will-my-FICO-score-increase/m-p/1797950#M68314 <P>Welcome!</P><P>&nbsp;</P><P>Paying the one CC alone down to 13% probably won't produce the points, but if you can get all CCs to report $0 except for one and get the one to report a balance of under 9% of the CL, then you'll find the points you need and then some.</P> Wed, 09 Jan 2013 01:38:41 GMT llecs 2013-01-09T01:38:41Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/How-much-will-my-FICO-score-increase/m-p/1797510#M68309 <P>Hi,</P><P>&nbsp;</P><P>I'm hoping someone could help me...</P><P>&nbsp;</P><P>My initial goal was to increase my FICO score by 10-15 points in a year.&nbsp; I don’t have a lot of credit history built up and I made some mistakes when I was 17 or 18 so at the time the median score was about 630 or so.&nbsp; I moved and bought furniture and long story short, the furniture store gave me a credit line and maxed it out so my score didn’t budge for a couple of months since maxed out credit line = bad.&nbsp;</P><P>&nbsp;</P><P>I recently paid the furniture store credit card from 43% to 13% a few weeks ago.&nbsp; This is the only account/credit line that was over 20%.&nbsp; My other accounts include a car loan from Toyota, a student credit card ($1000) (I keep balance at 10-15% of the credit limit), some store credit card ($1000) I got years ago but have since paid down to $0 and stopped using but the account is still open, and one secured credit card ($300) that I got to help increase my credit worthiness and I only use it to pay one utility bill a month and it’s on autopay.&nbsp; I'm 24 years old and a college student and I'm not deathly afraid of credit cards so I avoid using them as much as possible.&nbsp; So, this furniture card was the only significant debt I had…excluding the car loan which I was told doesn’t count negatively against me.&nbsp; I have no open delinquencies or open accounts in collections.&nbsp;</P><P>&nbsp;</P><P>I really just need 8 more points.&nbsp; I’d like my median score to be 640.&nbsp; Does anyone have any idea roughly how many points it could go up in this scenario?</P><P>&nbsp;</P><P>Thanks!</P> Tue, 08 Jan 2013 23:56:05 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/How-much-will-my-FICO-score-increase/m-p/1797510#M68309 Anonymous 2013-01-08T23:56:05Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/How-much-will-my-FICO-score-increase/m-p/1797950#M68314 <P>Welcome!</P><P>&nbsp;</P><P>Paying the one CC alone down to 13% probably won't produce the points, but if you can get all CCs to report $0 except for one and get the one to report a balance of under 9% of the CL, then you'll find the points you need and then some.</P> Wed, 09 Jan 2013 01:38:41 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/How-much-will-my-FICO-score-increase/m-p/1797950#M68314 llecs 2013-01-09T01:38:41Z