Improving credit

Msree50 · ‎05-26-2013

We trying to get 20 more point to buy home how do we do that? We don't owe but car payment, and one credit card , we pay down low, and one furniture bill we which is very low as well. Need only 20 more points.....

myjourney · ‎05-26-2013

@Msree50 wrote:
We trying to get 20 more point to buy home how do we do that? We don't owe but car payment, and one credit card , we pay down low, and one furniture bill we which is very low as well. Need only 20 more points.....

Welcome to the forum

If you plan on applying soon IMHO I would just continue what you're doing and let your scores increase.

If you apply for cards or other loans now you would only drop your scores

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

Msree50 · ‎05-26-2013

Thank u.

09Lexie · ‎05-26-2013

Welcome to the forum!

Pay your bill down to try and get your util less than 10%

Closing Credit Cards

The Definitive Amex 3X CLI Guide

Frequently Requested Threads

webhopper · ‎05-26-2013

If your cards have a large amount due relative to the credit limit, then you may be negatively impacted by that. You'll see the greatest score increase by paying down those credit cards.

FICO 9:
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.

Goal: Gardening!

enharu · ‎05-26-2013

Have a balance of less than 9% of the credit limit on that card report and your scores will go up. Best if luck!

JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).

LS2982 · ‎05-27-2013

@webhopper wrote:
If your cards have a large amount due relative to the credit limit, then you may be negatively impacted by that. You'll see the greatest score increase by paying down those credit cards.

Also to add on that you may want to see if they can do a SP CLI on your card, that will help!

EQ FICO 548 3/3/16

mauve · ‎05-27-2013

Do you have any negatives on your reports? Check in at the Rebuilding forum.

Starting Score: EQ 583 TU04 619 EX 592 (lender pull) 2010
Previous High Score: EQ 700 TU04 712 EX 726
Current Score: EQ 740 TU(Discover) 750 EX(AMEX) 747
Goal Score: 740+ all around

Take the myFICO Fitness Challenge