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iPulsar

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My credit score jumped up a hundred points within a month.... Somebody mind explaining this?
So, i havent utilized credit in anyway for a couple of years now due to some hard times and have 1 or 2 baddies on it... I just recently got a credit card again with an extremely low limit. As soon as the first statement popped up my score jumped from 560 to about 660? How is this possible?

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It's very possible: New good debt trumps bad old debt (but not entirely).

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My score skyrocketed after coming out of Chapter 13 bankruptcy; for five years I couldn't do anything credit-wise, so my score was 'meh'. As soon as I got one $500-limit credit card and it reported ~45 days later, my scores jumped an average of almost 100 points as well.

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Just remember to keep your payments current and it should stabilize at that new score.

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