Credit Score Adviser

Just looking for ways to increase my credit score other than getting a credit card.

Claud

Credit score is presently in the low 500s. I am trying to purchase a home sometime next year.

Francina

I keep my monthly debt-to-credit line ratio to no more than 2% on each of the two credit cards I got. I have a habit of paying them off online a few weeks before the due date. Monthly, I also tend to pay down a few months worth of my student loans. The only other spending/paying tools I use are my check card and bank account (balance is always positive).

My mom bought me a new car last Christmas. Of course, she takes care of paying the monthly financing even though my name’s on it. She pays everything owed on time or even little earlier. When checking my credit history and score between right before that purchase and now, my score dropped by 6 points and 3 inquiries were made. First, by the dealership. Second, by the bank they’re doing the financing through. Third, by mom’s bank because she signed up to get a quote on what APR we’ll pay them at if we agree to have them consolidate the car financing. My guess is 2 points deducted for each inquiry made?
Oh yeah I also forgot to mention I have a couple store cards never used since paying the first bills on them.

Tammera

There were no fraudulent charges made, but I changed the number proactively. The credit card company closed the current account and opened a new one for me, and transferred the existing charges. I wonder if it looks like a new account, even though the history goes back several years. Does this affect a credit score?

Elden

Do banks run your credit for free? Does it effect your credit everytime you have it ran? I just want to know what my credit score is without signing up for anything over the internet.
Thanks, I already knew about the free credit report, but it doesn’t give your score, I just want to know what my score is.

Stepanie

A friend of mine is starting a new business she thinks her credit score is between 450-500. She wants to open a new small business but does not know where to start with getting help to do so. She applied for her tax id number and her business license.

I as at a complete loss of what to tell her so I thought I would ask here.

Thans for your help!

Russel

I want to build my credit but I have none since I just turned 18 a few months ago. I wanted to get a credit card to help build it and to use purely for emergencies but of course none of the companies will approve me, how can I start building my score?

Galen

I am nearly 30 and have never had a credit card. I rent my apartment, bought my (used) car with cash, and have never taken a loan. I **** debt. I have a reasonable amount of savings.

However, this means that I have no credit. What steps can I take to get my credit score up reasonably quickly. How many credit cards? What type? Should I take a loan just to pay it off? Should I leave a balance on the credit card? Thanks a lot for the help.

Vinita

Is it bad or good for my credit score to take a personal loan? Of course, I’m going to pay in time. And pay it out even earlier than in 1 or 2 years or whatever I’ll take it.
I have a US credit history for about 2.5 years only - I’ve just moved to the US.

Orval

My credit score apparently is non existant. my bank told me i dont have a score at all. Is there any good ways to boost my score with out risking going into major debt?

Renato