topic HOW FAST FICO WILL RISE!!! in General Credit Topics

HOW FAST FICO WILL RISE!!!

Anonymous — Sun, 29 Jul 2007 21:17:25 GMT

Hello everyone I need help...I have credit card debt and I figured out if I work enough overtime to bring in about $540 a month I will be out of credit debt next june...How long will it take to raise my FICO up from 630 to 700+...Thanks

Re: HOW FAST FICO WILL RISE!!!

fused — Sun, 29 Jul 2007 21:29:00 GMT

DREAMBIG1234 wrote:
Hello everyone I need help...I have credit card debt and I figured out if I work enough overtime to bring in about $540 a month I will be out of credit debt next june...How long will it take to raise my FICO up from 630 to 700+...Thanks

How much CC debt are we talking about? Can you list your cards with the credit limits and balances? Also, do have any negative info on your credit reports such late payments, collections, etc?

Have you read the credit scoring 101 thread below?

http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&thread.id=2654

Re: HOW FAST FICO WILL RISE!!!

adamkingadam — Sun, 29 Jul 2007 22:52:16 GMT

if you buy one of your scores there is a score simulator that will give you this info.

Re: HOW FAST FICO WILL RISE!!!

Anonymous — Sun, 29 Jul 2007 22:57:02 GMT

@adamkingadam wrote:
if you buy one of your scores there is a score simulator that will give you this info.

Those simulators are not very accurate, they may give you a ballpark, who knows if it's a little league park or Yankee Stadium?!

Once you get your revolving debt down to around 10-13% you should see a very good increase in your score assuming that you don't have any baddies in between.