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 Scores
Profile Image

Question By
alanbian

0 Contributions
0 People Helped
Nothing negative on credit report. Good credit history but so-so score. Need advice.
I have a so-so credit score (700ish) and it's been staying like this for about a year. I have nothing really negative on my reports. I have three active credit cards (with total credit of about $20000) and I pay off all my credit card loans every month. I think I am a pretty responsible spender however my score has been stagnant for quite a while. I know this is an OK score but I also know I need something better to get a better interest rate in the future to get car loans or mortgage. Any advice to improve my credit score when nothing really is negative?

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
12 Contributions
3 People Helped

Need more info

You said you "have nothing really negative on [your] credit reports."  But is there anything slightly negative or nothing negative at all?

Also, though you have 20K in available credit, even if you pay them off every month, if you are changing say 2.2K per month, your utilization is still 11% - which is slightly above the preferred 10% or less.

Have you applied for any other cards or even credit line increases lately?  Those will count negatively too.  Did you close any accounts lately?  if so, you may have reduced the age of your credit history enough to no longer be favorable.

Top Contributor
7372 Contributions
3811 People Helped

Helpful to 0 out of 2 people

Since the expressed purpose of Credit Karma is to TEACH people how credit works and how to improve their score, and the information they provide works very well (my score is now excellent and it wasn't when I first signed up for this site), then I suggest making the time to read the articles here and utilize the financial tools so that you can learn these essential skills.

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.