https://ficoforums.myfico.com/t5/General-Credit-Topics/Help-me-and-my-Fiance-get-above-750/m-p/833562#M148551 <P>I am here because like many I want to make sure that my credit score does not hurt my chances on a great rate on my first home.&nbsp; I plan on buying a home in May of 2012 with my current fiance (by then wife) and we need to maximize our scores between now and then.&nbsp;</P><P>&nbsp;</P><P>Right now I am sitting at a 696, I have been as high as 750+.&nbsp; My most detrimental areas are a high balance to limit ratio, a 30 day late in July 2010&nbsp; (auto-pay did not work on a credit card), and a collections account that is listed as "KD" but closed from 2005.</P><P>&nbsp;</P><P>Accounts:</P><P>I have a Card with a $5500 limit, currently sitting at around $5200.&nbsp; This has the 30day and was opened in 2004</P><P>I have a Banana Republic Card (revolving charge) with my Fiance that has a $500 Limit, sitting at $300.</P><P>I have a $1000 line of credit at my bank.</P><P>$4400 left on a student loan.</P><P>$3000 left on a line of credit I used to buy an engagement ring.</P><P>&nbsp;</P><P>I should be able to paydown everything but the student loan by this time next year, leaving just the student loan with a balance.</P><P>&nbsp;</P><P>My first question, I am interested in the impact of opening a second card with a no-interest on balance transfers so I can save on interest while paying down the $5200.&nbsp; What are your thoughts here?&nbsp;</P><P>Also, on the collections account when should I expect that to fall off, the only date I see listed is 11/2005.</P><P>&nbsp;</P><P>My Fiance is sitting at a 701 and has no negatives on hers at all. She also has a high balance to limit ratio like me but her limits are much lower.</P><P>&nbsp;</P><P>2 cards with $2000 each limits, using $3700 or the $4000.</P><P>Banana Republic Card (revolving charge) with my Fiance that has a $500 Limit, sitting at $300.</P><P>Auto loan with $4400 remaining.</P><P>&nbsp;</P><P>What are your suggestions to improve her score?</P><P>&nbsp;</P><P>Thanks, looking forward to working on this!</P> Tue, 01 Feb 2011 20:41:24 GMT Anonymous 2011-02-01T20:41:24Z https://ficoforums.myfico.com/t5/General-Credit-Topics/Help-me-and-my-Fiance-get-above-750/m-p/833562#M148551 <P>I am here because like many I want to make sure that my credit score does not hurt my chances on a great rate on my first home.&nbsp; I plan on buying a home in May of 2012 with my current fiance (by then wife) and we need to maximize our scores between now and then.&nbsp;</P><P>&nbsp;</P><P>Right now I am sitting at a 696, I have been as high as 750+.&nbsp; My most detrimental areas are a high balance to limit ratio, a 30 day late in July 2010&nbsp; (auto-pay did not work on a credit card), and a collections account that is listed as "KD" but closed from 2005.</P><P>&nbsp;</P><P>Accounts:</P><P>I have a Card with a $5500 limit, currently sitting at around $5200.&nbsp; This has the 30day and was opened in 2004</P><P>I have a Banana Republic Card (revolving charge) with my Fiance that has a $500 Limit, sitting at $300.</P><P>I have a $1000 line of credit at my bank.</P><P>$4400 left on a student loan.</P><P>$3000 left on a line of credit I used to buy an engagement ring.</P><P>&nbsp;</P><P>I should be able to paydown everything but the student loan by this time next year, leaving just the student loan with a balance.</P><P>&nbsp;</P><P>My first question, I am interested in the impact of opening a second card with a no-interest on balance transfers so I can save on interest while paying down the $5200.&nbsp; What are your thoughts here?&nbsp;</P><P>Also, on the collections account when should I expect that to fall off, the only date I see listed is 11/2005.</P><P>&nbsp;</P><P>My Fiance is sitting at a 701 and has no negatives on hers at all. She also has a high balance to limit ratio like me but her limits are much lower.</P><P>&nbsp;</P><P>2 cards with $2000 each limits, using $3700 or the $4000.</P><P>Banana Republic Card (revolving charge) with my Fiance that has a $500 Limit, sitting at $300.</P><P>Auto loan with $4400 remaining.</P><P>&nbsp;</P><P>What are your suggestions to improve her score?</P><P>&nbsp;</P><P>Thanks, looking forward to working on this!</P> Tue, 01 Feb 2011 20:41:24 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/Help-me-and-my-Fiance-get-above-750/m-p/833562#M148551 Anonymous 2011-02-01T20:41:24Z https://ficoforums.myfico.com/t5/General-Credit-Topics/Help-me-and-my-Fiance-get-above-750/m-p/833704#M148560 <P>Locking this thread to direct readers to an identical post here: <A target="_self" href="http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Let-s-See-How-High-we-Can-go-In-1-5-Yrs/m-p/833530" rel="nofollow">http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Let-s-See-How-High-we-Can-go-In-1-5-Yrs/m-p/833530</A>.</P><P>&nbsp;</P><P>Please don't cross post among multiple boards. It makes it confusing for everyone. Thanks!!</P> Tue, 01 Feb 2011 22:34:34 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/Help-me-and-my-Fiance-get-above-750/m-p/833704#M148560 MarineVietVet 2011-02-01T22:34:34Z