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Question By
drm121766

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0 People Helped
how do i improve my credit scores?

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130 People Helped

Fixing credit report

Helpful to 103 out of 115 people

Well you want to keep all your credit card balances below 25%... So if you have an available credit of 500 then make sure to keep the balance used at less than 125.00. Dispute anything on your credit report that doesn't seem right. Make an agreement with the people you owe. Let them know u will pay outstanding balance of they agree to remove the negative marks from your report all together. Pay your bills on time and never late. A late payment can show against you for 7 years. Don't have too may credit cards open or loans. Income to debt ratio really matters. Hope this helped! 

Reply by
onboard00

3 Contributions
41 People Helped
Helpful to 39 out of 50 people

how many credit cards open is too many?  Enter Your Reply

1 Contribution
55 People Helped

Credit report

Helpful to 55 out of 80 people

Does anyone know why your credit scores drop and noithing changes on your reports? I have no late payments and my transunion dropped 68 points and my equifax dropped 88 points everything is the same on my credit reports.

bonnie

1 Contribution
15 People Helped

No More Credit Score Hogwash

Helpful to 15 out of 18 people

Can anyone explain why my score has been negatively affected by accounts/creditors who have been paid in full? Also how can I get these items off my report,  there are items from the a certain loan company that is showing up several times for the same bill which has also had a negative impact on my score..  Its really shameful and unfair to consumers who do what they can to pay off their debt only to be shunned after doing so.. Give those trying to be more responsible a break..  Jeez!!!!

1 Contribution
72 People Helped

I have lots of credit cards

Helpful to 72 out of 91 people

I have lots of credit cards mostly ones I don't use. Does it hurt my credit by having too many credit cards. Thank you, Robert Chamberlin

1 Contribution
69 People Helped

scores are not the same

Helpful to 69 out of 94 people

I am on another credit minitoring site, the scores over there are A LOT more than what this place say they are.Like over on the  other one, its a 715, here it  says only a 612..doesn't make ant sense.

Reply by
Snoogums79

5 Contributions
27 People Helped
Helpful to 26 out of 34 people

What site are you on that shows them better as I have credit monitoring on most of my credit cards and they are quite a bit higher than credit karma?

1 Contribution
32 People Helped

Helpful to 32 out of 41 people

Everytime i apply for credit it goes against me.how do i build my credit if everytime i try it goes against me

Reply by
Skateboarding2

2 Contributions
6 People Helped
Helpful to 6 out of 8 people

I got carried away applying for credit cards. It is best to wait at least 6 months before trying for another card. Also I have found that Comenity Bank is a great start Victoria Secrets and Express . Yet I wasn't approved for the Sportsman Guide Visa. Also I was told by my bank not to go over 30% of the credit line.

Reply by
frenchbroad

1 Contribution
1 Person Helped
Helpful to 1 out of 2 people

You will have to start with a secured card ...preferrably from a bank.  But even though you are putting up the security for the card don't spend more than 25% of the card balance...Also check tosee what the criteria are for unsecuring the card...Usually its within a year of on time payments....if you like see if youcan get an increase in 6 months with ontime payments..be careful with credit unions since they have different rules that apply to this type of credit building...such as my credit union had a minimum monthly income amount in order to unsecure the card....good luck

2 Contributions
130 People Helped

Fixing credit report

Helpful to 27 out of 35 people

Well you want to keep all your credit card balances below 25%... So if you have an available credit of 500 then make sure to keep the balance used at less than 125.00. Dispute anything on your credit report that doesn't seem right. Make an agreement with the people you owe. Let them know u will pay outstanding balance of they agree to remove the negative marks from your report all together. Pay your bills on time and never late. A late payment can show against you for 7 years. Don't have too may credit cards open or loans. Income to debt ratio really matters. Hope this helped! 

1 Contribution
7 People Helped

Stephanie Garcia

Helpful to 7 out of 9 people

why did my credit score drop over 42 points?

Top Contributor
18 Contributions
124 People Helped

Helpful to 25 out of 40 people

Years ago when I got married I checked my wifes credit report because she had never seen it, oh what fun. She had 45 accounts open. That's way to many. In her case it was mostly store cards so I had her close about 20 store cards.  She would get them when ever there was an offer of 25% off your first purchase, free this and that. A guy at work after hearing my story checked his wife credit report and she had beat mine at 52 accounts open. LOL>  If that's your case then yes you need to get rid of the little accounts.

Yes to many open accounts does hurt your credit.   

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3051 Contributions
2903 People Helped

Helpful to 16 out of 28 people

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