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czokal91

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Raising Score above 650
I feel like I'm stuck at the same score. For the last few months, I have really worked on lowering my credit utilization from 40% now down to 13% on each of my cards that carry balances. I have nothing in collections and no bad marks. I've followed a lot of the advice on here, but I can't seem to raise it any more. I am trying to qualify for a mortgage but when it is a lower score, it's tricky.

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IF you don't have any installment accounts you need one.  It can raise your scores by adding "credit diversity" into your report.  Credit diversity is worth 10% of your FICO score.  

Contact your bank or local credit union about a signature loan or "credit builder loan" that will report as an installment account.

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