Advice Needed for Accelerating Rebuild and Future Credit Profile

[Anonymous]

Thank you. I was wondering about the NFCU strategy and how to look for a big credit limit bump. These boards are alot to digest.

I have it due on the 3rd and posting on the 6th. So I was going to pay 12 payments of $80.42. Then it would report at $884.58 on 11/6/2018. Does that strategy help with NFCU in your opinon?

FICO Mortgage 11/5/18-EQ 678 TU 721 EX 693.

I am due for a new report in January.

[HeavenOhio]

@Anonymous, I highly doubt that you'll be in any kind of trouble with NFCU for being maxed. They're very tolerant about dragging out payments toward balances. With a lot of other banks, you'd definitely want to bring that balance down somewhat. The suggestion was to bring that balance down was for the sake of a prettier report and some probable scoring points.

Dividing your balance into approximately equal payments is an excellent way to go. Banks will love that because it looks like you have a plan and you're sticking to it. Paying only the minimum for months on end is what's seen as problematic.