Couple of questions from a newbie!

[Anonymous]

Here they go!

Why is my EQ score so much lower? There are no errors on it? EQ is 695, EP 750, TU 758?  There are a few good things on my others that aren't on my EQ.  Can I send those accounts to them for them to add?

I only have one credit card with a $2500 limit.  This is a bank credit card with a 6.9% interest rate.  I only put my monthly gas on the card each month and pay it off every month.  The bank has called and wants to pump me up to a $5k limit, but they will have to do a credit inq. just to make sure.  Will it hurt me more to have the credit inq. or help me to put up that credit card?

Last Question! My husband and I just married, his credit is not horrible, but not great.  EQ is 635, TU 680, EP 675.  He had one account go to collection 2 1/2 years ago (which he paid once it was at collection, but they show as chargeoff) and had a car loan that he constantly paid late, he honestly had no idea that that stuff showed up on credit reports.  The car loan was paid off 2 years ago.  He has no credit cards and basically no debt.  What can I do to get him pumped up into the 700s??? I thought about getting him a bank credit card but I worry that he won't be able to get a bank credit card b/c he is not in the 700s and then he will shot a credit inquiry and we are applying for mortages in the next couple months and I want to be able to get the best interest rate. 

[Junejer]

What is your util on the card? Ask them if they can code the INQ as a 'soft' INQ, instead of a hard INQ. If they are pretty well sure that you will get the double in CL, I would go for it, even with the INQ being a hard. After you get the increase, add your DH to the card as AU. Make sure your util is 9% or lower.

Oh, you did say you only put gas on it.

[marty56]

IMHO I would not ask for the CL.  You only use the CC for gas and since your CC debt is low, it wont really affect your total util.  Also since DH credit usage is low, it wont affect his util either.  I am not a big fan of increasing CC limits to offest high util.  Save the INQ for when you need it.