What route should I take?

[Anonymous]

My credit score is currently 631.  I have 3 credit cards with not very high limits.  Two of them have $300 limits and the other have a limit of $250.  The $250 limit charges me $5.75 a month and they will raise my credit limit $100.00 if i pay $30.

I am trying to buy a house so I am not sure if i should cut that one off or..... confused please help!

[Anonymous]

If you were not house shopping - the advise would be very different.

Pay balances to 5% on these revolving accts.

As soon as you close come back and we will show you how to fix these garbage CL's.

[Anonymous]

Should I pay for that $100 credit increase? I heard higher credit limits jumps your score.  I havent applied for the loan yet b/c I want to get my score to atleast 700 by December.

[Anonymous]

it won't matter if you balances are under 9% of the CL's.

if you decide to take this Make SURE you DO NOT GET A HARD INQ. Personally I think it is a rip off.

[Anonymous]

You are correct about high CL's
Lower UTL and the amounts of the CL factor in.

Who do you have these cards with?

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@Anonymous wrote:

Should I pay for that $100 credit increase? I heard higher credit limits jumps your score. I havent applied for the loan yet b/c I want to get my score to atleast 700 by December.

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[Anonymous]

Credit One is the card that chrgs 5.75 mnthly

Orchard Bank and Household bank are the other two.

[Anonymous]

Yep- as soon as you close on the house it will be time to upgade your cards.