Is this true???

[Anonymous]

This is one of the reasons why my credit is not that great. :-/ According to MyFico that is.... So is it true???

The problem is, I have too many CCs to be using all of them. I try to swap, but I always forget when I leave the house.
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There are no recent balances on your revolving credit accounts.

Your credit report shows no recent balances on your revolving accounts [?]. Your FICO score was hurt because you are not currently demonstrating active revolving credit management.

What to do about this: You might consider moderate and responsible use of your credit cards (such as charging low balances and repaying them on time).

Message Edited by jizoe182 on 08-11-2007 01:52 PM

[Anonymous]

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jizoe182 wrote:
This is one of the reasons why my credit is not that great. :-/ According to MyFico that is.... So is it true???
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There are no recent balances on your revolving credit accounts.

Your credit report shows no recent balances on your revolving accounts [?]. Your FICO score was hurt because you are not currently demonstrating active revolving credit management.

What to do about this: You might consider moderate and responsible use of your credit cards (such as charging low balances and repaying them on time).

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Are you using your CC & paying so that the CCC reports to CRA?

[Anonymous]

Not really. :-x I don't really use any of my other cards besides Citi PP.
By the way, why haven't Amex reported my account yet? It's been almost two months.

[Anonymous]

you need to use all CC  once or twice a year or CCC will not report. always keep CC active.

New CC   some show on CR right away  some do not show till activated.

[Anonymous]

Some ccs don't show until they are used too. Not using CC's for long periods of time is like not having them at all. No history for FICO to generate a score. Scores are based on history and responsibility. Using a card means activity. $0.01 cents is activity. You do not need to spend a lot, just pay on time. Try not to exceed 6 months with out using a card.