Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
Adiggy

0 Contributions
0 People Helped
How to turn good credit to great credit
I have a 706 on CK. No late payments, debt to income at approx. 27%. My credit utilization is at approx. 29%. How do I raise my score so I can indulge myself with low interest construction loans?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
122 Contributions
304 People Helped
Most Helpful Response

Turn good credit to great

Helpful to 1 out of 1 people

Work to get your credit utilization to 20% or less, it does make a big diffference. That should also bring your debt to income down. In my case I reduced my credit utilization from 35% to 18% and it has made a 30 point difference almost overnight. Keep your inquiries down as they affect your score for a year and stay on your report for two years. Pull a copy of your credit report and see if there are any derogatory entries that can be disputed and ultimately deleted. That makes a huge difference as well.

Top Contributor
1756 Contributions
3022 People Helped

Pay off your current debts first.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.