- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 12/11/14 at 12:12 pm to BRgetthenet
I went from high 600's (had a lot of brand new debt and stupidly cancelled my older credit lines). Got it up in less than two years by putting almost everything on my American Express Blue Cash Preferred card. I pay it off every month and get pretty good cash back rewards while building my credit score quickly.
Posted on 12/11/14 at 12:17 pm to KG6
quote:
cancelled my older credit lines
I don't think hurts you these days, having a lot of available credit used to look good, now viewed as risky and a negative to your score, screwy system if you aks me
Posted on 12/11/14 at 12:19 pm to 777Tiger
On my Discover bill it says 796.
Posted on 12/11/14 at 12:20 pm to 777Tiger
Age of credit lines is most certainly a factor. Closing old credit cards will cause a negative impact on your score.
Having a low utilization rate will also improve your score so any available credit will be a positive, not a negative.
Having a low utilization rate will also improve your score so any available credit will be a positive, not a negative.
Posted on 12/11/14 at 12:21 pm to Cosmo
666
Posted on 12/11/14 at 12:22 pm to Cosmo
801, but I'm in the process of buying a house I can barely afford.
Posted on 12/11/14 at 12:23 pm to Cosmo
807
Posted on 12/11/14 at 12:23 pm to Cosmo
717
Posted on 12/11/14 at 12:24 pm to mouton
Posted on 12/11/14 at 12:24 pm to SportsGuyNOLA
quote:
On my Discover bill it says 796
You misread it....that was your minimum payment
Posted on 12/11/14 at 12:25 pm to 777Tiger
Complete opposite of what you just said
Posted on 12/11/14 at 12:28 pm to Cosmo
764 (don't remember exact as it's been a month or 2)
Posted on 12/11/14 at 12:28 pm to iAmBatman
quote:
Age of credit lines is most certainly a factor.
yeah, I think that's the key right there, there's still probably some gray areas that impact the score either in a good or bad way though, like if you had a 100k loc for 30 years, maxed out, but make timely minimum payments, good, or bad? kind of like a relief pitcher with a 0.00 ERA coming in with 2 outs and the bases loaded and gives up a triple then strikes out the next batter, he gives up three runs but leaves the inning with a 0.00 ERA
Posted on 12/11/14 at 12:29 pm to Cosmo
Credit? Who needs credit?
Posted on 12/11/14 at 12:32 pm to jimithing11
quote:
Complete opposite of what you just said
well then it's changed with the wind again, the last time that I financed a significant purchase, that was the line that the guy trying to find a lender gave me, years ago when I was younger and gave a shite it was the opposite
old enough now that I don't much care, if I want something bad enough I'll get itThis post was edited on 12/11/14 at 12:33 pm
Posted on 12/11/14 at 12:34 pm to iAmBatman
quote:
Having a low utilization rate
This.
Posted on 12/11/14 at 12:39 pm to biglego
quote:
666
Damnit!
Posted on 12/11/14 at 1:02 pm to BRgetthenet
quote:
And what did you do to get it that high in a year?
Messed my credit up really bad in '03 because of a drug problem. I guess all that shite fell off after 10 years.
Posted on 12/11/14 at 1:08 pm to whit
Page 3 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News