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748 is going to get you the best rates. It's that high because of what you are doing.

That Sucks

No, absolutely not.

Vantage score is through TransUnion.

phnxangell this site does not use Experian, gtfo CreditKarma and stop spreading false information, CreditKarma uses the Vantage scale, which is not through Experian.

phnxangel if your credit score is going down clearly you are doing something wrong and are not in the position to be proving credit advice.

Paying off debt and making payments on time is the best way to do it.

Short term paying off the collections will have a massive affect!!! phnxangel stop providing inaccurate information and un logical opinions. Opening a new credit card will have an immediate effect on your credit score after your first statement,not 12 months; however marlonguarin it would be best to wait a few months before applying for a line of credit as the lender will look at how recent you cleared a collections account. There isn't anyway to give you an estimate on how much your credit will go up after buying off your collections, but it will.

phnxangel your are incorrect once again. Please stop providing the Credit Karma community with false information.

After your first statement with your Capital One card is reported you may see a positive effect on your credit profile. It may lower your utilization, which will drive up your credit score. Make sure to make a small purchases on your new credit card and make your payments on time so Capital One has something new to report each month. Your average age of accounts will decrease which will always happen when opening a new account. But you should expect your score to rise.

The answer is yes. By maintaining your credit cards in good standings with him/her as an authorized user will have a positive effect on both credit profiles. Just make sure not to go over your limit and to make payments on time.

Credit inquiries typically have a negative effect on your credit score. Too many in a short period of time may have an increased affect. However multiple of the type of inquiry usually get reported as 1 inquiry (car loans, personal loans). The negative affect of a credit inquiry should be relived in about 4 months, but will stay on your credit report for two years.

Your utilization is the amount of debt you are using with your cards. For example if your total credit card limits are $1000 and you make a $100 purchase, your utilization would be 10%. Because you pay your bill in full each month you are not reporting any debt. That being said with your 0% utilization you are reporting zero debt which is awesome and that can't get any better.

The credit cards that she has not used in while will not positively help your credit unless you are making payments on them monthly. Keeping them inactive are neither hurting or helping you from month to month. Unless your credit card issuer has anything new to report, you score will not benefit. Using more credit cards wisely WILL speed up the process. The two best and ways to increase credit are to pay off debt and to make payments on time. And to answer number three, department store cards aren't going to help you as much as a major credit card would, that being said don't run off and close the accounts as that will may negatively affect your credit score. Using the cards on small purchases and making your monthly payments on time is the best way to go.

They cannot be removed from your credit report, Those closed accounts from 10+ years ago have zero affect on your credit today.

It may show that you have 24 accounts total throughout your credit file. Those could be open, closed, credit cards, cell phone agreements, car loans, mortgage. It could be many other things on your credit profile. go to annualcreditreport.com to get more info on that.

Typically 24 months, but the negative effect from the inquiry should be removed within about 4 months.

Ya that would help since you will be making more payments, just don't get carried away and open too many accounts within the same time period as that will have a strong negative effect on your credit. Other then that keep making those payments.

Hi, I was in your same situation about two years ago when i just turned 18. I was able to get my first credit card through Capital One with only a $500 limit, but this was right before the economy was officially declared as going down hill. So in these days it's going to be extremely difficult to get a card right when you jump into the game of Credit. I'm with you in avoiding getting a low credit limit and not having to pay a big fee to start up, so stay away from the secured cards if you can. I now have 4 credit cards about to turn 20, I'd recommend applying for a student card if you are enrolled in a college. Low APR's, although not a huge credit limit it should be more then $300 though and will certainly help you start building credit. I have the Citi Forward© Student Credit Card, and its awesome! Your APR can be reduced over time by just being responsible and staying within your limit and making payments on time. No annual fee, and you can earn ThankYou points that can be spent on just about anything! My credit limit was $1000, which is understandable since I did have a "thin file" as well. So don't get discouraged if it's not above that. If you are a student then you should take a look through the Student cards on CreditKarma and see what works best for you. Hope this helps and Good Luck!

Inquiries typically stop negatively affecting your account after four months.

You can contact The Big Three of credit and submit your address change to them, you may also want to inform Capitalone as well.

Unfortunately the account was delinquent. And you can't really do much to have it changed. Paying it off got you on the road to having it stop affecting your credit later down the road.I know saying it now doesn't help, but acting sooner to have the account frozen to post pone payments would have been the appropriate thing to do. But it comes down to the unwritten rule that if you make exceptions for one person, you may have to do it for everyone. But it simply comes down to that it in fact was delinquent.

Absolutely 100% free! It's a great tool to have, CreditKarma will never ask for any form of payment.

I have noticed the same problem, i believe its being addressed.

You may receive your entire credit report for free once every twelve months from annualcreditreport.com.

annualcreditreport.com, you may receive your entire credit report for free once every twelve months.