Mar 12
Hi everyone. About five days ago I paid off both my credit cards finally. I’m trying to increase my FICO score so I can consolidate my student loans and reduce the interest rate. However, I only have 8 more days that I’ll be able to consolidate as the grace period ends this month. I was unaware that the FICO score doesn’t update automatically as ones credit status changes. Does anyone know how long this process takes and if there is anyway to speed it up? Thanks for your help.
-Curt
Tagged with: Fico Score • Grace Period • Reduce Interest
Jan 11
I have around $17,000 in judgements and and things are in collections(about $2000). I have no credit cards and none of them are what is being colleted on. I do not know if bankruptsy is the best for my fico score or should i just pay them down? Household net income is $3000 monthly. Also can my taxes be affected from judgements? Help and thanks
Tagged with: Fico Score • Judgements • Net Income
Jan 04
i am (8 month) new in the USA . I need a credit card and wish to build my credit. I applied twice but denied because of low fico score and inability to verify my information. I really don’t understand the effect of the application for credit card on my fico score, and what do i need to do to be able to get a credit card and build my credit. Thanks
Tagged with: Build Credit • credit card • Fico Score
Nov 03
Hi everyone. About five days ago I paid off both my credit cards finally. I’m trying to increase my FICO score so I can consolidate my student loans and reduce the interest rate. However, I only have 8 more days that I’ll be able to consolidate as the grace period ends this month. I was unaware that the FICO score doesn’t update automatically as ones credit status changes. Does anyone know how long this process takes and if there is anyway to speed it up? Thanks for your help.
-Curt
Tagged with: Fico Score • Interest Rate • Status Changes
Sep 05
I paid my credit cards to zero balance. Should I stop using them or use them for small purchases to increase my credit score? The only other obligation I have is a car loan
Tagged with: Car Loan • Credit Score • Fico Score
May 26
i am (8 month) new in the USA . I need a credit card and wish to build my credit. I applied twice but denied because of low fico score and inability to verify my information. I really don’t understand the effect of the application for credit card on my fico score, and what do i need to do to be able to get a credit card and build my credit. Thanks
Tagged with: Build Credit • Build My Credit • Fico Score
Mar 09
I have bad credit, but I managed to purchase a new car with a high interest rate. My auto loan is through Capital One. The credit card offer is from Capital One because I’ve made timely payment to them on the loan for 1 year. Would accepting the card help raise my FICO score or hinder it? I thought that applying for new credit cards lower the score.
Tagged with: Auto Help • Fico Score • Timely Payments
Feb 04
I am wondering if you have like 10 credit cards with little or no balances will hurt you credit score? Meaning…debt ratio wise…do they go by the amount of credit you were given in order to access the debt ratio…or the amount of credit you actually have used? Meaning..if you have 10 cards with little or no balances…that doesn’t really bring your FICO score down does it?
Tagged with: Credit Score • Fico Score • Lot
