k27j19t23

2 Contributions 880 People Helped

Member Since: November 2012

Most Helpful Contribution

How can I see all three credit scores?

Jun 09, 2013
focus on things that effect scores
Helpful to 878 out of 1017 people

As a credit analyst, I can tell you many institutions are no longer just looking at your scores. We're in some trying times and there's not too many people who don't have some sort of blemish on their credit reports. If you simply focus on the following few things, your credit scores will improve naturally.

[1]: Never miss a payment

[2]: Never use more than 30%-40% of your avail credit (ie. $450-$600 on a $1500 line)

[3]: Monitor your credit for free by spreading out your request to the 3 reporting agencies.

      (ie. request Trans Union in March, Equifax in July and Experian in November)

[4]: Avoid only making minimum payments. First and foremost you'll ultimately pay much more for all your purchases due to the heavy interest. Secondly, in the times we're in, creditors will begin reducing your available credit by cutting your lines. (I do it everyday).

You want to try and make at least what we call "B" and "C" payments. Paying in full is always best but at times you may not be able to do that. Use the payment guide below:

M = Minimum payments

A = More than minimum, less than double

B = At least double, less than triple

C = At least triple, less than quadruple

D = at least quadruple, less than 5x minimum

E = At least 5x minimum, less than full

F = Full payment

Activity (2 Total Contributions)

How can I see all three credit scores?

Jun 09, 2013
focus on things that effect scores
Helpful to 878 out of 1017 people

As a credit analyst, I can tell you many institutions are no longer just looking at your scores. We're in some trying times and there's not too many people who don't have some sort of blemish on their credit reports. If you simply focus on the following few things, your credit scores will improve naturally.

[1]: Never miss a payment

[2]: Never use more than 30%-40% of your avail credit (ie. $450-$600 on a $1500 line)

[3]: Monitor your credit for free by spreading out your request to the 3 reporting agencies.

      (ie. request Trans Union in March, Equifax in July and Experian in November)

[4]: Avoid only making minimum payments. First and foremost you'll ultimately pay much more for all your purchases due to the heavy interest. Secondly, in the times we're in, creditors will begin reducing your available credit by cutting your lines. (I do it everyday).

You want to try and make at least what we call "B" and "C" payments. Paying in full is always best but at times you may not be able to do that. Use the payment guide below:

M = Minimum payments

A = More than minimum, less than double

B = At least double, less than triple

C = At least triple, less than quadruple

D = at least quadruple, less than 5x minimum

E = At least 5x minimum, less than full

F = Full payment

How can I see all three credit scores?

Jun 09, 2013
Focus on things that effect scores
Helpful to 2 out of 4 people

As a credit analyst, I can tell you many institutions are no longer just looking at your scores. We're in some trying times and there's not too many people who don't have some sort of blemish on their credit reports. If you simply focus on the following few things, your credit scores will improve naturally.

[1]: Never miss a payment

[2]: Never use more than 30%-40% of your avail credit (ie. $450-$600 on a $1500 line)

[3]: Monitor your credit for free by spreading out your request to the 3 reporting agencies.

      (ie. request Trans Union in March, Equifax in July and Experian in November)

[4]: Avoid only making minimum payments. First and foremost you'll ultimately pay much more for all your purchases due to the heavy interest. Secondly, in the times we're in, creditors will begin reducing your available credit by cutting your lines. (I do it everyday).

You want to try and make at least what we call "B" and "C" payments. Paying in full is always best but at times you may not be able to do that. Use the payment guide below:

M = Minimum payments

A = More than minimum, less than double

B = At least double, less than triple

C = At least triple, less than quadruple

D = at least quadruple, less than 5x minimum

E = At least 5x minimum, less than full

F = Full payment