on journey towards FICO High Achievers

[mosros7]

i just refinanced my car at a lower interest rate for $6249 of that I paid off two accts for $2523 and $1923. will these offset on my score my current EQ Fico score is 588.I am so hooked in this forum trying to get to 760+ one day

[09Lexie]

Welcome to the forum.  Lowering your debt/util will help your scores.  

What is in your credit reports? Baddies?

[mosros7]

I currently have a 588 EQ score. I have two car loans and only three revolving charge cards.The combined limit for all 3revolving is $2500 with  utilization of $2200 I will be paying that down to  30%  $750  My question is should I apply for new credit cards and use the 30% recomended or will the inquiries hurt my score.Also I have 5 accounts which have $0 balance on them but they show past due where it says current payment status. I put it a dispute to equifax. Is this current status hurting my score? Thanks for this thread I am really pumped to get my score to 800 one day!!!!!

[Anonymous]

30% is still high.  Let all but one card report 0 balances and the other at 9% or below.

Are the accounts that have past due amounts in collections or charge offs? 

[mosros7]

No they are not in collections or charged off .They are paid off but still show past due

[Anonymous]

They can't be paid off and have a current status of past due.  Worst delinquency would be what the worst delinquency of the account was at one time.

I would try, first, contacting the creditors and politely let them know they are reporting incorrectly.  If they don't fix it then use the direct dispute.

[mosros7]

Under where all the rest show paid as agreed these show 30days past due,120+ days past due and they all have $0 balances 

[Anonymous]

I would need to see it to see whether it is reporting incorrectly. 

It cannot be currently past due if paid.

[mosros7]

i made a snapshot of where it shows what i am talking about how do i post it? Or i could email it to you

[Anonymous]

You can copy and past.