FAKObabble

[Anonymous]

Just goes to show you want I know about FAKO scores-

I should stick to my "Ignore FAKO scores" stance.

640 EX you need to watch your back with AMEX-

[score_building]

i'm hoping my increased score and dramatically decreased balances on my cards that have balances are noted affirmatively the next time my cr's update. i am trying for c. 720 b4 the end of the year, even then my upward trend should continue and i'll still need to be on the look out with them if they haven't closed shop on me. yup, i've been pretty lucky so far.

[Anonymous]

I get this  for both EX and EQ (but not TU) on my Fako Chase ID Protection: The total balance of the active 1 retail account(s) on your credit report, is too close to the total original loan amount(s).

This refers to $46.00 out of a $600.00 CL, that is showing on my Macy's account (paid it 3 weeks ago, still waiting for it to report zero).

Does anyone know if carrying a small balance on a store card, really negatively affects your score?

[haulingthescoreup]

---

@Anonymous wrote:

Does anyone know if carrying a small balance on a store card, really negatively affects your score?

---

It only hurts if you have too many other accounts that also have balances.

If your overall util is low, and this is just about the only CC showing a balance, it won't hurt. But for financial sense, do pay it off ASAP. Store cards generally have ungodly APR's, and there's no point in giving them extra money.