Shouldn't your FICO score go up at least 1 point each month?

[Madison]

If you don't make any charges to your revolving credit, don't have any new inquiries, don't get any new credit and make more than minimum payments on all your revolving accounts,.....shouldn't your FICO score go up at least 1 point each month. And if you did have baddies against you, wouldn't they be 1 month older and have less impact. For the life of me I can understand why I have been stuck on 693 since March 25th. Nothing, nadda, zip from Fico. Have they all gone on vacation?

Message Edited by Madison on 05-09-2008 08:07 AM

[Anonymous]

It would be nice if it worked that way. Unfortunately, it doesn't.

[MidnightVoice]

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Madison wrote:

If you don't make any charges to your revolving credit, don't have any new inquiries, don't get any new credit and make more than minimum payments on all your revolving accounts,.....shouldn't your FICO score go up at least 1 point each month. And if you did have baddies against you, wouldn't they be 1 month older and have less impact. For the life of me I can understand why I have been stuck on 693 since March 25th. Nothing, nadda, zip from Fico. Have they all gone on vacation?

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Think in year-long units, not month-long units, I am afraid