Help With FICO Credit Score Knowledge Base
can u help me out with this credit score question? i went through a divorce and my credit report got a little messy. i had several collection accounts.. my fico credit score dropped to 580. i recently paid off all my collection accounts and paid off my three major credit cards. my question is how quickly will my credit score start going up...
How can I improve my credit and FICO score? According to my credit card, my FICO is 625. I dont own a home, or car, and I have no debt. I have no bills in collection, and only one "blooper" on my credit card. A Capital one card I had with a $300 limit, that I stupidly let go deliquent, but fixed and paid off in full several months ago. My question is, I STILL have no credit. I cant get any sort of card, even though I dont have "bad" credit. The Capital one blooper is still on my credit, and even before that, i couldnt get approved for anything. I'm 22, married but my husband has NO credit, so he is no help. I got a new credit card this spring(one of those pre approved things 0%interest til Jan 08'), since I closed the Capital and I've been doing good paying it. I only have one card, a checking account and thats it. How can I improve my credit so that one day I can be approved for things? (loans, cards)Last year my FICO dipped at 550, I want to be atleast in 700's.
i checked with 2 credit scores sites. my equifax fico score is different. one is 518 and the other is 621 ,? how do i know which site / and score is correct. i think this some bulls*** , unless someone tell me otherwise. please help me let me know, also what can i do to get credit score up. i have one line of credit now open , and all debt paid off since 1 mos ago. thanks many blessess one was www. myfico.com and the other site was www.chaseidprotection.com and positive it was equifax score.
Why does filing a dispute lower my FICO credit score? In order to raise my credit score I filed a dispute on some of the negative items. On my FICO score those items show that they are currently being disputed, but it also shows that my score lowered by 6 points because I filed the dispute. How does this happen? Will it go back up once the dispute is resolved? There have been no changes to be credit besides disputing the information. On FICO site where it list my score, it actually says that my score was lowered because a dispute was filed, even though the dispute is still pending.
Does any other credit card offer free access to your FICO score besides Providian? I once had a providian credit card that gives you free access to your FICO credit score online. Does anyone know if there's other credit cards that offer their customers access to their FICO score?
How many points will my FICO credit score go up after my balance transfer.? I have a line of credit of $3,000 which I owe $2,600.00 and recently transferred $1,000 to my line of credit and now I owe $1,600. How may points will my FICO credit score go up and how long will it take for the credit score to go up. I have a 669 FICO score. THANKS
Will adding my spouse as an authorized user on my credit cards raise our FICO credit score? What I want to know is whether adding my spouse to my credit cards and her adding me to her credit cards increase our FICO scores? We both never missed a payment and were always on time to all of our credit cards. Thank you for your help.
Is there a huge difference between a FICO credit score and the score given by the 3 credit bureaus? I've already gotten my free credit reports from annualcreditreport.com but now I'm looking to monitor my credit score periodically from all three bureaus. I know that FICO is probably the biggest credit score service is their number that much different than what I'd get from the credit score source that Equifax, Experian and TransUnion use? I just don't want to pay so much more for nothing. If FICO says my Experian credit score is 700 and I go to Experian.com and their service says my score is 692, I don't see the difference. Thanks.
Where can I get my FICO credit score? The free annual reports don't include a FICO score. I don't want to get a monthly monitoring service, I just want to see my score. Thanks!
Is the Washington Mutual free FICO credit score a good program? I received a credit card offer from Washington Mutual that offered free FICO scores? Whats the catch? I thought you had to pay for your credit scores or were allowed only one check per year. Can anyone enlighten me on whether they charge you for this service? If its free, thats a good deal.
help me distribute my money to all my credit card bills so i can have a better fico score!? please please!!!!! ok so i have 3200 debt on a cc with credit limit of 6000. an other cc with balance of 160 and credit limit of 300. and other with 1300 and a credit limit of 1500. i have 1500 cash right now how should i devide the payments... please help me but the whole purpose is to improve my credit score.
How can I find out my credit score I would get if applying for a mortgage vs. my FICO? I know that the calculations used by lenders for a mortgage differ from Fair Isaac (FICO). I have TrueCredit (by TransUnion) triple credit monitoring which gives me unlimited access to all three of my credit reports (TransUnion, Equifax, and Experian) AND my FICO scores. I am preparing myself for a refinance and I want to see how I am scoring with the mortgage calculation, since I have improved my scores significantly over the past year when I got my sub-prime mortgage. My one year prepay penalty is coming up in late December and I want to be fully prepared before I start shopping. Also, what ABSOLUTE MINIMUM credit scores do I need, (FICO) and (Mortgage Lender), to be considered for a Prime rate (<7.5%). Thanks for your help, the people that contribute are greatly appreciated and I'm honored for your time and efforts! Keep up the good work!!! So I just figured out recently that TransUnion's TrueCredit scoring use FACO and not a true FICO. I went to each bureau seperately and got my FICO and heres what I found, its astounding: TU EXP EQ FACO: 637* 596 607 FICO: 637* 660 678 *TransUnion only offers this scoring I was going off this FACO calculation for over a year! Come to find out I have pretty good credit, and the things I have done to improve it had paid off substantially more than I thought in the past! My Mortgage score was MUCH higher than my FICO when I was applying for my first mortgage. So I now feel that my MORTGAGE SCORE should be in the 700s? Does anyone agree with that? That a middle score of 660 FICO would be at least 700 in Mortgage credit scoring?
website that is accessible in the Philippines where I can check my FICO and credit score? Please let me know if there's any. I need to check my FICO score or credit score, if any. My spouse is a US citizen, we have a joint checking account. I have a SS #. Am not a US citizen. The AnnualCreditReport.com website is only accessible through ISPs (Internet Service Providers) located within the United States and its territories. Why am I getting this instead?
Where can we get our free fico credit score? Where can we get our free fico credit score?
I have 6 credit cards with no debt. Will my FICO score go up or down if I close any accounts? My credit score is currently 745. I have 6 credit cards: Macy's Visa Sam's Club Discover American Express Paypal MasterCard B of A Visa WaMu Visa I have absolutely NO debt, and always pay my full balance on time. My question is: do I have too many open lines of credit? I know 745 is a pretty good FICO score, but I am curious why it's not even higher. I know that credit scores can go down if you close a credit account, but in the long run would it go back up and possibly be higher if I had less open lines of credit? If you think I SHOULD close a credit line, which one (or two) do you recommend I close and why? Thank you very much for your help! Thanks for the advice so far. I'm fairly young, and do not yet have car loans, or mortgages, etc. Just the credit cards which I pay on time in full. keep those answers coming!!!
I need help with my FICO scores? fico scores, I need to know if closing your credit card with balances effects your fico scores and if paying off one and increasing the minium payments on the others, helps your score. I only kept 2 credit accounts open. How long does it take to increase your score. My score is at 642 and I would like to be at least 680 with the next 6 months.
Does an overdraft (insufficient funds) on my checking account affect negatively on my FICO credit score? My ex-wife just closed our checking account but forgot about one automatic payment so we received a letter of insufficient funds. Will this overdraft affect negatively on my FICO credit score.
How does making a settlement with a creditor affect my credit/FICO score? If I owe a creditor $2,500 and they offer me a settlement of $1,500 and I take it and pay the $1,500. Does that hurt my credit and FICO score because I settled and didn't pay back the full amount?
Will getting more credit cards increase my credit score? Since the fico score is partially dependent upon the ratio of how much credit you have available to how much debt you have, will getting another credit card with a 3 to 5k limit increase my score. I do not even plan on using it but would it help my score. I have 2 credit cards right now. I pay them off every month in full if i even use them.
Does cancling a credit card do damage to a persons credit & Fico score? I recently opened a new bank checking account. When I tried to get a credit card through that same bank I was denied, due to having too high of a credit line & too many credit cards. I have no debt at all & have over an 750 Fico score, but with such a high credit line I will have to cancel some existing cards.
Is a Fico Credit score of 640?will I get high interest rates when applying for loans and creditcards? Honey just got her Credit report and her fico credit score is of 640 and we would like to know Is a Fico Credit score of 640?will I get high interest rates when applying for loans and creditcards? Thanks a Bunch
Where to get the most accurate FICO/credit score? Ok I know that there are a ton of different FICO and credit scores out there. Example: I have a service called Identity guard and I get an update credit score every three months from all three credit bureus, I also get a FICO score from Transunion each month from a credit card account I have (its a free service) now the FICO score is about 80 points off from the scores I get from Identity guard why is that? If I want to see my score excatly as a banker etc. would see it if I applied for a loan whats the best route? I plan on appying for a car loan score and I want to know excatly what the bank would see for a credit/FICO score. And also how many different scores are out there? Does each bureau just have one score, or how does that work?
Auto loan approval for someone with no Fico score? I am 18 years old, working for roughly 2500 a month at my job for 2 years. I have an experian plus credit score of 693, but no FICO yet due to lack of history! I have 2 accounts in good standing though since 10/1/08. I however do need to get a car loan and I was looking at something under 12k with 3k down, I applied at capital one and was turned down. Is there any way I can get approved? I do not want a co signer at all because both my parents have bad credit and I dont think that would help lol, let me know what you all think is the best way to go about this! Thanks!
What is the FICO score regarding to credit and how do u get it? Is it true that's ur FICO score is what they look at regarding getting a house? How is the score add up of what is it added up from. I'm looking into buying a house and and I was informed me that I needed a credit score of 620. I have a 590, 573 and 601.
What is considered a good FICO credit score? Currently my credit score is 681 is that good or bad? And how can I bring it up higher?
What is the average credit fico score for americans today? What is the average credit fico score for americans today??
Can I get a auto loan with poor credit, FICO score 535 and nothing down? I recently totaled my car. I now need to get a new/used car. I have poor credit rating and a recent foreclosure, and a FICO score one is 545, 526.
Does opening a margin account with my broker affect my FICO credit score? Wondering what kind of inquiry might be posted to my credit report and how this will affect my score. I figure since a margin account is based on my assets the broker already holds, they don't need to check my credit as thier risk is covered by the value of my stock, mutual funds, and cash. Thanks.
Is it better to not use paid off credit cards or use them for small purchases to increase FICO credit score? I paid my credit cards to zero balance. Should I stop using them or use them for small purchases to increase my credit score? The only other obligation I have is a car loan
Challenge: based on the available information, can you extrapolate the FICO credit score algorithm? Can design an algorithm that approximately mirrors the real-world behavior in fluctuations of the credit score?
What are some ways I can Improve my FICO credit score? My score is about average, its not bad at all and it not extremely good though. I'm planning on buying my first home in about a year, meanwhile among other finacial preperations I would like to improve my score. How can I do this, more importantly how can I do this in a non-risky way? I need some things to gain points, not get me out of bad credit, I have good credit, I want even better credit though. I've checked my credit report and I have no bad marks on it. I just need advice on how to make it higher. And no, winning the lottery doesn't help your credit score, I'm not asking about money.
How to increase FICO score with credit card utilization? Can anyone give advice on how to increase my fico scores as they have been the same or decreasing over time. I do not have any current late payments or past due balances. There were past deliquencies that I had on my car loan but that was back in 2005. I only have 2 open cc accounts now, with limits of $700 and $750. I have been keeping the balances at ZERO monthly. Is that the right thing to do? Last month one of cc accounts posted with a balance of $150 but this month I got it back down to $0. I have a student loan account balance $20,434 on time always, and a car loan balance $649, 1 more payment left HOORAY!!, but currently on time. Current scores as of 2/2008 are TU-674, EXP-695, EQU-671 Prev Scores as of 1/2008 were TU-687, EXP-702, EQU-666 Does anyone know if the CC util is playing a role in the decreasing scores. And will my scores increase when I pay that last car payment to reflect a paid in full account? There were no other changes to my reports or accounts. Please help with some advice.
Need help with credit scores and other info ...? After becoming resident my Ive had trouble getting any credit I finally got one card. I tried to get a report had to sent lots of info proving who I am. Ok so I got the score back its 609 is that good?? The MAIN ??? is they say "Your FICO credit score of 609 was created on april 12, 2007 and was based on your equifax credit file on that date." Does this mean the just opened started my file ??? If its a 609 which is thing is good why cant I get approved for any other kinds of cards, or car loans?? I repeat I have a capital one card thats all I can get and have had to abut 7 months. Thanks for your help
Does my checking account/savings balance effect my credit score or fico score? I have an unusually low checking balance/savings balance right now and I would like to know if applying for a credit report/fico report at a later time (when i have more money) would improve my score.
Do federal Stafford student loans affect ones FICO credit score? My score continues to drop each semester when my loans are reported to the credit reporting bureaus. They are in full time student deferrment status and are current in good standing.
what is the difference between fico score and credit score? my fico score was 684 in Oct. 08, but my credit score is only 654!
what is the best way to remove negative items from my credit report and boost my fico score? what is the best way to remove negative items from my credit report and boost my fico score. i have late payments on there and a bankruptcy from 7 years ago and now i have no outstanding bills , but my credit score is still low , how is the best way and the fastest boost the score
What is the easiest and fasted way to raise by fico credit score? I have a little debt and some over 30 day past late payments. thanks.
What is the average FICO credit score? Please provide your source. By "source," I meant somebody with first-hand knowledge or an authority, not e-zine article authors. Anybody can write one of those stories and get published on the Wild Wild Web.
How good is a 760 FICO credit score? Considering some credit card debt, and two mortgages?
How do I get a 750 beacon/fico credit score? I have like 680-690 now. Have american express card and a couple other cards. I have a best buy card, and a buckled. I pay in full every month
How can I raise my FICO score credit rating as soon as possible? I want to get a business loan but have somewhat bad credit from some financial problems I had a couple of years ago.
What is a Fico Credit Score? I'm trying to apply for a condo in a high rise and they say that I need a fico score of 680, 650 min. I'm not sure what the difference is but I went to freecreditreport.com and experian says says that I have a credit score of 632 which came up as "fair", the credit score however did not say fico. Is there a difference?
Credit Score on Credit Bureau Report VS FICO Score, Is it the same thing? I pulled up all 3 credit Bureau reports online...got 3 seperate scores...Is each individual score the same FICO score that lenders go by when considering you for a credit card?
How do I raise my Fico Score My credit scores are 629 and the other two are 595 who do I raise them? I have one car loan that has only been late more than thirty days about 5 times in two years and the only other item I have on my credit is a Car loan that I had and totaled the car and the company took it to collections Help I desperately want to have good credit and maintain it. That car that I totaled did have full covrage insurance but it didnt met the gap and thats what I was left with the difference Also that account was paid in settlement
Can the Banks lower their consumer credit requirements to boost business? The feds keep lowering key interest rates to help banks/creditors out however it seems the reality shows that anyone with prime (725+) credit is not going to be spending any money in this down economy. Is it even possible for banks and creditors to lower their expectations and issue prime rates (tier 1) to people with lower credit scores (say 675 fico and over)? It seems this maybe one of the ways to start boosting the economy.
My fico credit score is 666, is it a good or bad? Pulled up my report, had past problems, my wife ( have upper 750 fico) added me as authorize user an year ago, according to TU I have 666 and Experian 641, is it a acceptable score?
Please help me with advice on how to improve my credit score!? My FICO score with equifax is 617. At this moment i have 2 revolving credit cards, 2 paid collections (1 year ago), 1 rrsp loan ($5000) 2 student loans that I am not paying because i am at school. How bad is my score and what type of credit I can still get. How long do you think it will take for me to reach 700 points if I keep my balances low and make all payments on time? Thanks for answering my question. I know the score is not too bad, but as it stands now, i can only qualify for store charge cards. How many points do you think i should have before I can even start thinking about applying for a regular credit card?
is a FICO score the same as other credit scores? i have a membership to freecreditreport.com that gives me a credit score, but is it the same as a FICO?
Will the Wamu Platinum Visa FICO score update bring my credit score down a couple points every month??? I just got this Wamu Visa Platinum credit card and it says I have free access to my FICO credit score...but from what I remember, every time you run your credit.....it does down!!! So is it even worth it for the account to keep checking my score every month????
Is a FICO credit score 726 considered good? Or is it fair, or excellent?
Have you ever heard of anyone able to achieve a FICO credit score of 850? I am over 800 now, and realize 850 will still be excellent, but it is now just a thing with me, to see if I can do it?
removal of federal tax lien will boost my FICO credit score by how many points? i have paid in full the federal tax lien filed by the irs, i was wondering by how many points and how soon will my credit score will go up.
What is wrong with my Vantage credit score in comparison to my FICO credit score.? have purchased both of these reports on the same day. My Vantage Experian score is 660. However, my FICO Experian score is a 630. I thought that my Vantage score would be much higher. This means that my FICO score is fair (and has potential) and my Vantage score is is terrible. Can someone please explain this to me? I really want to obtain a mortgage. THANKS!
Can i buy a $80,000 house with a fico score of 628 and a credit score of 663 and around $3,000 down payment.? I will have all my credit cards paid off within 2 months...about a week before i decide on the house...and im 21 yrs old....the only bills ill have then are car note and college loan
Is there an online calculator that will help you figure out what different actions will do to your FICO score? Or a webpage that gives specific (not generalized) pointers as to what will impact your FICO (credit) score the most?
Will buying a used car on credit help my FICO score? I need a new car and have always figured paying cash was best. I have limited credit history that I messed up in college, so my score is 520-550. I was looking at a few used cars but figure a newer used car would be more reliable and need less maintenance. What effect will paying the loan on time have for me? How long before any benefits kick in? Will it improve my score more because most of my credit now is very small credit cards and this will be a big auto loan? I know making payments is kind of a waste, but I have the income to pay more, so I'm just focused on what, if any, FICO score improvement I can get.
Will closing a credit account help a FICO score? I got a new credit card last fall and noticed that my FICO score dropped some. The card has no balance on it and if I close it, will my FICO score go back up?
Will I have a problem getting a credit card with this Fico Score? OK Here's the situation...... I have a FICO score of 663 according to the purchase of my Equifax credit report on myfico.com....I own a "annual payment visa card with a limit of $750 (increased from original of $250) over the last year and a half and WalMart Credit card with a limit of about the same (increased as well)..... I want to buy an engagement ring for my girlfriend. I have $3,200 in cash and the ring I want is $4700, so I need to finance the last $1,500. My best financial choice would be to get a credit card with a 12 month 0% APR, so I can pay the $1,500 off no problem in 12 months. BUT, I don't want to apply for some of these cards, (Most are platinum) if it will hurt my credit score if I'm rejected. Will I be accepted? My balance on the other two cards is like $100 total, I've paid them off consistently. (never late) but I am improving on past credit problems from like 7 years ago. . Will I get rejected for these 0% Introductory APR cards?
Please help me understand my FICO score/credit report!? Background info: I'm 23, financially independent- renting a house, currently paying student loans (and i will attend medical school next fall), and have a car that i am paying off. Today I obtained my free credit reports and FICO score- i'm at 744 ("Very Good"). I found, from my reports, that I had a number of credit cards- most never used- mostly from department stores. I called and canceled them immediately. Now the only thing current on my credit report should be the things mentioned above (and 2 other cards). Could it HURT my credit to have taken those established (some of them 3+ years old) off my report, even if they were never used? There is nothing "negative" reported on my reports- never been late on a payment etc. Thanks for your help!! Is the 'credit limit to credit balance' a summation of ALL your cards? If so, i'm worried that I DID do a bad thing. I hope this won't bring me below 720 (usually the limit for decent interest rates on loans etc.)- any thoughts?
what is the best way to improve my fico score? without contracting a professional credit consolidator.? I need to improve my credit score. I only have 2,000 in credit card bills. I alway pay my mortgage on time. I do forget to pay the little bills. I need to improve my score. I plan to pay off my credit cards by December. What is the best way? Thank you for your time.
How far is Credit Karmas score off from FICO ? Ive been tracking my CK score for months and its 762 currently. Been as high as 771 and as low as 739 when I had a credit card maxed out with a 0% deal. Anyway, since the real FICO score isnt as free and easy to get I havent bothered. The free credit reports dont give scores unless you pay, something I refuse to do. And I wont do the pay and then you must cancel because its shady. Thanks
what is the difference between a FAKO and FICO credit score? What does the lender use? If I purchased the triple scores from creditreport.com what am I seeing? IM CONFUSED! ;-(
Where can I get a free FICO score, credit rating and credit report? I am looking to get my report and scores, but isnt there a place where you can sign up for a free liting and NOT have to pay for anything else or sign up for any programs?
What affect will removal of a negative item from my credit report have on my FICO score? I recently won a battle with a collection agenecy; they are being forced to remove a negative item from my credit score. The item did not belong to me. How will my credit score be affected? Currently my score 602.
How is your credit score, otherwise known has the FICO score? Mine and my wife's is at 700.. I know that this score is very important to getting credit, and not having to pay real high interest rates. So what is your score?
FICO Credit score question? Hi, I checked my FICO credit score and it says its 758. The FICO score chart is 300 the lowest and 850 the highest. What does my 758 score mean? How good is it? In November of 2006 my score was 790 so why did it go down to 758? What could I have done wrong? I was never late on a payment or anything like that. Thank you for your time and any help.
With the new FICO credit score, will a closed charged-off account as a authorized user affect my rating? I just found out from my credit report that I am unknowingly an authorized user on my parent's account, which has been closed by credit grantor and charged off since 2006. Will this have adversely affect my credit score with the new FICO 08 score? And how can I get myself removed as an authorized user from this account?
FICO & Credit score... Same thing? Isn't your credit score the same as a FICO score or are they two different scores, also plus score and regular credit scores. What's the difference there? I've tried to look it up and get conflicting info. So if I have all three scores in front of me and EXPERIAN is smack dab in the mid X00 and the other two are the exact same number just under that XOO mark. Which one do I go buy when there is a question that had only room for one number and it says What is your FICO score? I had a investing consultant pull them for me and get me a set of copies but I couldn’t contact him last night when I sat down to read it. I was just wondering because we need to buy a new house and also have to start up his business all over again in this new state, plus I am going to be starting my own business that is completely different. My husband and I need to do the mortgage in his name and the rest in mine in order not to over extend our credit because I have certain things they won’t allow us to figure in as income an it’s a big chunk of change. So I was looking at stated income loans, but now that I have looked at tons of loan sites I see that it will be no problems at all, he can use part of my income as a stated income and I can use part of the funds I get that they wouldn’t include in a regular loan for my stated income. All because my extra finds are a personal agreement to pay off a debt to avoid winding up in jail for embezzlement. THANKS TO ALL !
Is a high FICO credit score good or bad? The lowest being 300 while the highest is around 850. My score is 623. Is this bad?
Is it true that you should carry some balances on your credit cards to increase your fico score? If you pay the total (not minimum) amount due each time..will your credit score increase or not? I heard someone say that it's good to have a balance. Is that true? Thanks!
Certificate of Deposit (CD) and my credit (FICO) score? I want to get a 1 year cd (certificate of deposit) but there is a slight chance I may have to withdraw early. Question # 1 Will it affect my FICO score ( credit score) if I need the money and must withdraw it early ? Question # 2 Will I have a bad repuation with the bank IF I withdraw it early? If there is any chance that it will affect my FICO score (which is now 795) then I will not get this CD. I never do anything that might lower my FICO score. It is 3.50 % APY cd ( $ 1,000 min. ) for 1 yr offered by my credit union. I want to deposit around $ 3,000 or so, and I am about 80% sure that I can leave the money there for the full year.
Fico score, credit score question.? I have a credit card with a $ 3,750 credit limit. If I ask it to be raised to $ 5,000, will this decrease my credit score/FICO Score ? I heard that it might, because I am "applying for credit", and that will lower my credit score. RIght now my FICO score is 750.
FICO Credit Score Scale? Does anyone know where to get the scale for FICO credit score? like: 300-400=bad 401-600=good etc. Thanks a bunch!!
Does it help your FICO score to pay of old (4or 5 years) accounts appearing as items on your credit report? I have been able to get a credit card with a $300.00 limit and have had it as an active account for 5 months. I still want to improve my FICO score.
How can I improve my FICO credit score quickly. Specific answers only, please? I have 4 negative items on my credit score. They are all for items sent to collections that I have paid off already. Dates range from 2003 to November 2007. I have 4 current credit lines, all in good standing. However, they are all recently opened. The oldest one was opened September 2006, and the score says that that is not sufficient credit history. I would like to have the negative items removed, I have paid them in full. Is there a way I could do this? My score is currently a 639, which according to FICO is poor. How can I increase it at least 100 points? As soon as possible?
FICO score and Credit Report and late payments.? I had 3 credit cards that went to collection about 8 months ago and I paid them all of right around that time. They show up on all 3 credit reports as potentially negative credit items as they all say 120 days past due. I was also told that this lowered my credit score. My question is: I have 1 credit card that is 180 days past due and it shows that the amount has been written off. Would it raise my FICO score or help my credit reports in any way if I paid it off? It doesn't seem to have helped when I paid off the other credit cards. I'm not looking for personal comments...I just want a real answer.
free FICO score credit card? does anybody know of other credit card than Washington Mutual's that gives you your FICO score for free?
Help! I paid off all my credit card balances and my FICO score dropped 90 points!? I'm planning on getting a house soon and I thought I'd give my FICO score a boost by paying the $5500 I owed last month, but when I checked my score this month (nothing else changed) my score was down 90 points, did I do more damage than good? seems very strange to me (I get my FICO score every month, and like I said, I haven't applied for anything, or done anything to my credit in the last year, I did have revolving balances and was using normal credit, but this is very unexpected!!! Please notice that I just paid my CC balance, I did not cancel my cards, So I have a lot more credit available now.
creditxpert credit score vs fico score? what is the difference between these scores when i check my fico.com they say my fico score based on my equifax credit report is 613. Due to the price of my fico being higher than i can afford i decided to shop around and found my credit keeper.com they pull all three of my reports but they use creditxpert not fico. creditxpert says my scores are experian 667 equifax 615 and transunion 665. Now are those scores very close to my fico scores or are they way different? If they are different does anyone on average (rule of thumb) know if my fico's are higher or lower then creditxpert scores. Am i wasting time and money on creditxpert scores?
Credit report and FICO score and late payment question? I had 3 credit cards that went to collection about 8 months ago and I paid them all of right around that time. They show up on all 3 credit reports as potentially negative credit items as they all say 120 days past due. I was also told that this lowered my credit score. My question is: I have 1 credit card that is 180 days past due and it shows that the amount has been written off. Would it raise my FICO score or help my credit reports in any way if I paid it off? It doesn't seem to have helped when I paid off the other credit cards. I'm not looking for personal comments...I just want a real answer.
What has the Fico credit score for a loan on a house changed to? What is the minimum loan score that you need in order to get a home loan? We were pre approved for $130,000, and found a house and offered110, 000. Then we were told to begin packing by our mortgage guy, and I did. He then all of the sudden notice something on our credit after 2 weeks of trying to get the loan that we supposedly already had. My husband's brother fraudulently used his name, and we owed $3800.00 because of him. I say call the cops, mortgage guy says it will take a long time to clear up that way. He says pay it, and he is positive that we will get the loan. The lender said so! Guess what, I have not even heard from the mortgage guy at all today. I would have never spent my inheritance on his fool brother if this was not a quick fix. Our credit score is 570 and the 3800.00 should really bring it up. What score do I need to get a home loan? I want to be prepared when I talk to Mr. Mortgage man. This will be his first encounter with the Mrs. and I am pissed. It showed up on the final check of our credit before we were to close. We did check our report prior. Gzzzz Please I am stressed enough.
I have a 701 FICO credit score and cant get a decent sized loan. Who will finance me? This is just bogus. I have a 701 score from myfico.com and the credit union also confirmed the score. I only have 1 negative thing on the report which is an old cable bill that was paid off a couple years ago. I have a couple credit card but they have only been open for a bout a year each. Have a car loan on a 25k car thats been open for about a year (joint account). the only other thing is my gas bill, they report as well which is a good thing since its paid on time. Everything has always been paid on time. I have some deferred student loans but even with everything added in, they said my debt to income ratio was really low. But i still couldnt get a 40k loan even though i could easily afford it. they counter offered and offered me 25k if I had a co-signer.... WTF!!! Even when i apply somewhere on, e-loan or capital 1.. always comes back insufficient credit. Somewhere someone has to give me this loan. I know its not the best score but i know its good enough for a loan... and as i said, my debt to income ratio is LOW. and both my cards are under 35% of the balances. btw... I have proof of income. And the payment would be less than 25% of my income..... In the end I guess its just lack of credit history. I just cant do anything about that.
I have fantastic credit, but my girlfriend has lousy credit. What can I do to help her improve her score? While I am aware that there was a time when I could add her to one of my various credit cards and it would immediately improve her score, it seems that this is NOT the case anymore (the credit scoring companies got wise to the fact that people were leasing out their cards to help others improve their scores). So, now that this is no longer an option, what else can I do to assist her? My concern here is that we will marry and it will damage my great credit (804 FICO score), which is crucial as I will be buying more real estate in the next few years.
Does removing an old closed account from your credit report help your FICO score or hurt your FICO score? I have a credit card acct that has been on my report since 1996. I disputed this item today because it has been closed since 1998. I figured I might get lucky and get it removed since I thought it was a derogatory listing on my credit report. I realiz now that it's the oldest accout that I have on my credit report even though it was a transferred/closed acct. To top it all off it was actually listed in the "acct's in good standing" area and not in the "derogatory acct's" section even though it was a transferred and closed acct.. I wonder if perhaps it was in the good standing section because of how old it was? I just want my score to improve.. I hope I didn't make it worse..Do you think it will make my Experian score worse or better? My other acct's are more recent.. oldest is 2002.
FICO, Credit Score, and Credit Cards.? I'm currently looking at having my limit on my credit card increased, but before I do, I really need to know how having more available credit/increased credit limit will affect me mainly because I will be applying for a mortgage later this year.
my FICO credit score is 646? what credit card can i alppy for
Credit score/Fico score? When a negative item is deleted from your credit profile due to let's say fraud or the item has been there for seven yrs and they take it off, does your score increase or not?
Fall in Credit score/ FICO score? What are the main reasons for a credit score to fall ? What can be done to keep it going good or improving it ?
Do you feel if the financial system is gonna be overhauled that they should re-do the fico credit score? One thing that needs to be changed on Fico is the fact that if you have paid a debt in full, it should come off your report- why is it when I have paid my debt, the only hope of raising my score is to dispute it. The paid debt should become good and Ipeople should be rewarded for doing so. The fact that even if you pay the debt, your score still stays bad and barely goes up. The bad paid debt still remains. This is not rright and if the credit system would change this factor, more people would be encouraged to pay thier old bad debts to help restore a clean name.
I trying to improve my sons credit score before he graduates is "piggyback credit still able to help scores credit scores, FICO score,
does your Fico credit score come from all 3 agencies? or just Equifax report?
WHat loan company, has great rate for people with really bad credit like 405 fico score? I have no down payment need a car to get my son back and forth to school and for me to go to work. The monthly payments need to be 232.00 no more that that
How do get home loan(100% financing) with bad credit 560 fico score??? i have a very good job history, and good credit for the past 4 years, but before that a couple of car repos and a few charged off credit cards, but every tells me that you have to have above 580 credit score to get a 100% loan. i have a very good job history,good income and good credit for the past 4 years, but before that a couple of car repos and a few charged off credit cards, but every tells me that you have to have above 580 credit score to get a 100% loan
My fico score is 747. How high will it go with having only credit cards? I have three credit cards with the oldest account about 2 years old. I do not need or want a car loan or a mortgage. What is the maximum score I can acheive with just keeping credit cards. Also, will I be considered a high risk since I have no other type of credit obligation? My credit limits are not very high on the accounts that I do have. At what Fico score should I apply for another card to receive a high limit account? I carry hardly any balance on any of my accounts. I use them and pay off the balance at the end of the month just to have a ontime payment history.
Why do people with excellent credit and a high FICO score get the lowest interest? I know I'm going to get a lot of flack for this. So here goes. High interest rates are given to people with bad credit or no credit. Or not enough credit. I understand the risk with bad credit. Why such high rates with the no credit or not enough credit? The banks shouldn't be surprised if some of these accounts result in default. People get into trouble when their interest rate is so high. Then they lose their cars and their houses. Doesn't it make more sense to give these people a lower interest rate to begin with? I realize it is a business and not a charity. If they are going to default. It doesn't matter what the interest rate is. A low interest rate is better than losing any profits from a repossession or foreclosure.
What kind of credit can I get with a 640 FICO score, interms of credit cards? I filled for bankrupsy in 2005, but for some reason that is my score?
Credit/Fico score for mortgage? What does my score need to be around to get a mortgage for 130,000.00 with no money down for a condo??
Can opening a store credit card lower my FICO score? I have a pretty high FICO score (750) and am seeking to increase it. I was about to open a Banana Republic card to save about $100 today. I already have 4 credit cards with a home mortgage that I'm paying each month. I have no other loans or lines of credit open. I've heard from guys like Clark Howard that opening instant credit cards at stores hurts your credit. My question is would instantly opening this card drop my credit score by 10 or 20 points? I'm trying to achieve a near perfect score so I'm concerned that doing things like this will hurt my credit.
Paid off one credit card. FICO Score was 740, went to 699! Please advise to get back UP!!? FICO SCORE 740: 1. First cc at 50% (this cc has highest credit limit, only 4,500.) 2.. Second cc at max.. 3. Third cc at max.. FICO SCORE 699 (the next month): 1. Took out fourth cc to balance transfer one high interest cc above to zero interest cc to pay off cc sooner, all of payment appiled to principal. Thought this was a smart thing to do. 2. So, second cc above now has a zero balance. FICO SCORE drove the next month drastically! HOW DO I RESOLVE THIS QUICKLY? ALL IN GOOD STANDING. PAY DOUBLE THE MIN.. PAY, AND ALWAYS EARLY. Thank you ahead for someone's knowledge & expertis!! Credit card that now has zero balance is oldest credit card of seven years. I did not close account. Income to debt ratio is good. So, this is why I was surprised my score dropped so much when the fourth card was taken out to zero% card to pay off oldest card. This first card was taken out at high interest seven years ago when credit wasn't so good, and they refused to lower interest. Don't know why. But have not closed it though, because it is the oldest one. THANK YOU EVERYONE FOR YOUR KNOWLEDGE AND GREAT ADVICE!!
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