Wheen I last refinanced my home mortgage, my score was 850. All my

payments have been automatically debited to my checking account.

I have no credit card debt, I pay full amount each month and no car loans. Why did my score drop? I think this whole credit score game

is BS!

I'm 31 with a credit score of 483. Not good, I know. Inconsistent payment history and numerous collection accounts contribute to the low score. I've started taking steps to increase my financial status and I'm positive I'll be able to boast a strong credit score in no time. What I noticed is that the credit simulator does not take into effect paying off collection accounts and the possible positive impact on the credit score over time as a result. For example, using the simulator, without considering decreased collections, even if I paid every bill on time for the next 24 months...my credit score will only increase to slightly above a 500. Why is that?

Im 29 and have a credit score of 770! Woot Woot!! I have always paid all my bills on time and never had a bad check. But I have seen that you arent supposed to cancel credit cards and you arent supposed to have a credit card you dont use cause that could give you a bad credit score. I have a few cards that I dont use and I want to get rid of but not sure if I should do to it causing me to have a bad score. Any suggestions?

I'm 20 years old. I pulled my report in Apirl with a score of 756. I have never paid late. However I have dozens of inquirys from insurance companies and places that I never authorized to look at my credit. Do they ding your credit score?

I just checked my credit score and it came up at 762. I am most proud of that score, seems like a pretty good score to me, what do you think? I try and have succeeded in never being late with a payment, I am 65 years of age and have had credit for many years.

2 months ago my monthy income increased by $2000 but my credit score stayed the same? How do I know that they have my correct income to calculate my score?

Don't ever let a check bounce. The moment you do, you get reported to ChexSystem. Not only that, but to make matters worse, should you ever decide to switch banks, you probably won't be able to get a new checking account until the 5 year time period has elapsed regardless if it was your fault or not for a check bouncing. I won't bank with the following banks if I can help it: Star Bank, Star One, US Bank, BankOne, Wells Fargo and Huntington Bank. All they are about is sticking you with hidden fees (Claim if you use the card one way, you won't get charged like you will the other way, but then you still get charged, or other fees setup to discourage you from being financially responsible just so as they can make more money off you), no real security against fraudulant draft checks, and you must have a perfect record to even be able to do certain things with them even though they have absord fees for having such good record.

As for being disciplined, you must be that, but you also must have the income to go with it. Many banks won't even look at you for 10 years (cause that's how long it will take for your credit history to clear up after it getting messed up by way of lack of proper income for necessary living expenses thus why I question is college even worth it when income only go up by about 10k per year for that 100k direct cost plus another 120k opportunity cost (Earn only 10k per year while in college as opposed to 40k without the degree working 40 hours per week) foregone for going to college for those 4 years thus the real cost of that college education is really more like about $220k. Is it really worth it to get a $10k per year increase for an education that ultimately cost you $220k? I don't think so. Even though that does amount to $400k over a 40 year time period, but once you factor in the present time value of money over those 40 years, it's way less than the $220k you put into it. As far as this accounting stuff, I learned this stuff in high school at a vocational high school. At the time, it was considered as sophomore level of undergrad college, but now it's junior level of undergrad college as the government has pushed the requirement of a CPA from a Bachelors degree to a Masters degree, which ultimately only pushed all of the accounting courses out one year later.

Anyhow, while I was in college, my annual income was only $4k and that wasn't near enough for my necessary living expenses, even when you factor in the fact that a relative of mine was paying for my rent, I still had to pay for everything else. I couldn't even afford to take the bus system at the discounted rate, thus the mountain bike was my only real means of transportation. My credit history went to the tubes when I couldn't even pay for my necessary living expenses, which was like that until winter of 1997-8. One of my wife's creditors had pushed us over via their fruadulant actions by creating unauthorized draft checks against my own bank account with the bank claiming they can't do anything to stop such actions from taking place. When that happened, we ended up closing the accounts (checking and savings) with the bank and went to cash system for 3 years as no bank could give me any sort of assurance of blocking all draft checks. Not only that, but we also were more or less forced to file bankruptcy as a result of those actions of my wife's creditor. Even after the bankruptcy, that same creditor once again attempted to come after us but only under a different name for that same debt and we had to turn it over to our attorney.

Even 5 years after that ordeal, any bank we went to for the possibility of getting into a home, they all took one look at the credit report and turned us down instantly even though we have been ontime with everything since then with my income having gone up substantially just a little more than 1 year after we had filed bankruptcy. No bank thought we could hold onto the debt and pay it off apparently, so I was like, fine, I will just build me a 7 to 10 year plan to store the money and/or paying down the debts, and get to the point of having enough money to outright buy a house. It wasn't until early 2005 when a broker took notice of what we were doing and actually worked with us. He was not only amazed about what I was doing financially, but also the fact that I was the first one he ever known to learn about the MCCP on their own without being refereced to it by another person, which I found out about the MCCP when I was doing my annual tax review in 2003. What drew me into the MCCP was the fact that 20% or 10% of the interest on the mortgage could be written off dollar for dollar on the dotted line of the tax credit section on the 1040 long form, depending if you buy the first home in a targeted area or not respectively speaking for the percent of interest amount to take as a credit. The remaining 80% or 90% would go on the Schedule A still, but that Schedule A has never been of help to me even if the full 100% would have gone into it, it would never have been of help to me as I don't have near enough itemized deductions on the Schedule A to exceed standard deduction. For me, the closest I would get to the standard deduction would be 70% of it on the Schedule A form, thus even using that 13 month rule wouldn't have been of help to me for that every other year bit. Anyhow, the broker told us what we needed to do and we basically did accordingly, though I had to pull a few strings, but it all worked out in the end with a pretty good interest rate that I haven't even been able to come close to finding lower these days. Back then, my credit score using Providian was only 690. As of March of 2009, it had went up to 752 prior to having to switch to this site as Chase took over and now have to pay monthly just to get the credit score, which I won't do that as it doesn't mean that much to me. On here when I switched to this site, my score instantly went from the Providians 752 down to 709 on here, and there was no significant difference on the credit reports. As I looked through the various scoring system on here, it looks like they don't even allow people to get much higher than 750 (740 is about the highest I see in the scoring model on this site) even though they say they have people in the 800-850 range. Therefore, what scoring model does this site use as opposed to the Fair Isaac scoring model used on the Providian site.

20 years old with a 762. I got one card when I was 18, and added two more a year or so later. I only put one transaction on two of the cards every month, and do everything else on the third. I pay all three off completely every month, and I have never been late.

Can't say I'm anything less than thrilled with this score :)

I am 32 with a 687. At 22, I maxed out everything from a lay off and ended up on chexsystems, so recovery is possible, it just takes a long time.

I'm 60 years old, self-employed, make $150K a year, NEVER pay any bill late, have a fixed-rate, 30-year mortgage for the last 10 years and no seconds. Only thing is that two of the credit cards I carried have cancelled because their funding went away. Does this hurt my score? Why would my score be only 703?