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 Karma
Profile Image

Question By
Sammytan1219

0 Contributions
0 People Helped
What to do to raise my credit score? A detailed answer please.
My credit score has been 763 for the past few months now. I have been paying all my bills on time and most the time I pay more then the minimum balance due. What can I do to get my credit score higher then it already is? I am trying to boost my credit as fast as possible.

Thank you

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
3051 Contributions
2791 People Helped

A 763 score is very good and I can tell you it is really hard to get it higher.  You need (1) many types of credit (i.e. auto loan, mortgage, installment loans, revolving credit (2) your utilization is below 20% (1-3% is optimum) (3) no late payments or collection accounts.  But honestly, I wouldn't stress over this.  I started with a 749 score and was able to get zero interest auto loan, I have 5 credit cards and I don't pay an annual fee on any of them and my highest interest rate on my cards is 12.99%.  Once you reach the 700s you're going to get the same offers and interest rates as if you had a score in the 800s, so don't go nuts trying to chase a number.

Result 1-1 of 1Results 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.