Score

[Anonymous]

Which would approve my score over the next 24 months? I have four credit cards:

Captial One: $750/$350

Bank America: $300/$0

Credit One: $600/$0

Macys: $400/$0

Capital Auto Loan: $14, 783

Soco Loan: $400/$243

Would be helpful to keep everything between 1%-9% on each card and let small balance report on one of the cc, to see a boost in my credit score, which is 578?

[haulingthescoreup]

Hi, welcome to the forums.

If you haven't already, please read Understanding Your FICO ® Score and Credit Scoring 101 (at least the first post.)

These will give you the background knowledge you need to understand what you read here on the forums.

This gets discussed here A LOT. Keep all but one card reporting $0, meaning you have to pay off your balance before the statement posts for most cards. Let the remaining card report 9% or less. Keep using all cards, just control what gets reported.


eta: for the auto loan, just keep paying promptly on it, never allowing it to come close to being late.

What is the "Soco loan"? If it's an installment loan, just keep paying promptly as above. If it's a line of credit, treat it as if it were a credit card.

Message Edited by haulingthescoreup on 03-15-2009 09:29 AM