1. Get another non-store card.
2. Stop applying for credit for 12 months.
3. Pay all cards except one before the statement cuts so all cards except one show a zero reported balance. The one that carries a balance should not be the store card.
4. Keep utilization at 5% or under.
5. Don't miss any payments.
@NYC_Fella wrote:1. Get another non-store card.
2. Stop applying for credit for 12 months.
3. Pay all cards except one before the statement cuts so all cards except one show a zero reported balance. The one that carries a balance should not be the store card.
4. Keep utilization at 5% or under.
5. Don't miss any payments.
I agree with all this except #1. Rather than getting another credit card (why?), get a small installment loan, if you don't already have one OP. Installment loans can be personal loans, student loans, mortgage, auto loans, etc. I'm not saying go out and buy a car or a house unnecessarily of course, but I just mentioned those to point out that if you already have one of those types of loans, then you're good.
@OmarGB9 wrote: I agree with all this except #1. Rather than getting another credit card (why?), get a small installment loan, if you don't already have one OP. Installment loans can be personal loans, student loans, mortgage, auto loans, etc. I'm not saying go out and buy a car or a house unnecessarily of course, but I just mentioned those to point out that if you already have one of those types of loans, then you're good
I believe 3 bankcards are optimal for AZEO.
@pennix5 wrote:I finally had all my collections paid and removed.
Scores:
Ex 618 Inquiries 18
Eq 657 Inquries 11
Tu 617 Inquiries 17
I have 3 active credit card
Maurices storecard $1080 CL
Capital One Quicksilver One $850 CL
Capital One Quicksilver Secured $3000 CL
Paying all cards off in full every month. What else can i do to boost my scores?
Let one report a $20 balance on staement date. Then PIF before the due date. your losing points for no use in FICO's eyes. No more seeking credit. Your inq level is way too high. Looks desparate. After a year FICO drops them and theres more points gained. You got 3 cards and a loan. Your set for now. Whatever is lurking in the past as in baddies will age more and hurt less. Chill for a while and let things age and grow for a while. Its a marathon and not a race.
