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Author
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Topic: Credit score
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SLOWBACK 67
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Member # 6348
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posted
 
 
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Originally posted by fredfifty:
quote:
Originally posted by SLOWBACK 67:
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Originally posted by adower:
Credit is overrated. The only thing I needed credit for was my mortgage.
+1
C.R.E.A.M ![[Big Grin]](biggrin.gif)
the R stands for Ruin. ![[Razz]](tongue.gif)
LOL.
I got one credit card. I use it once every 6 months. I pay all my other bills on time. Last time I had my credit run it was 805. Did I see someone above posted they had like 10 cards!!!! ![[Eek!]](eek.gif) Fuck that shit LOL.
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Originally posted by turbo50:
I have no intenions of keeping anyones parts or taking anyones money.
Posts: 8582 | From: Vallejo | Registered: Dec 2005
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SLOWBACK 67
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Member # 6348
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posted
Do we even want to know what the D stands for?
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Originally posted by turbo50:
I have no intenions of keeping anyones parts or taking anyones money.
Posts: 8582 | From: Vallejo | Registered: Dec 2005
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venomous99
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Member # 1917
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posted
quote:
Originally posted by FivePTSlow:
I'm getting there, the only thing holding me back now is the average age of my credit is low. That's the one area I can't do much about except wait.
Once I pay off my last of the credit card debts soon, and 3 inquiries drop off this year I'm sure I'll see a huge bump in my score.
aside from the obvious stuff like reducing debt and keeping your long standing credit cards open and active
,it helps to increase your credit line every so often.
http://www.bankrate.com/finance/credit/will-credit-limit-increase-hurt-score.aspx
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MKII Q7
89LX
Posts: 4811 | From: dc | Registered: Oct 2002
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hurting your feelings
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Member # 13641
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posted
quote:
Originally posted by SLOWBACK 67:
Do we even want to know what the D stands for?
Drugs rule everything around me.
Posts: 1830 | From: In front of the bank with a 45 an a ski mask | Registered: Jun 2014
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stanger00
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Member # 13818
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posted
I pay for transunion and have a discover card. I have 2 different FICO numbers from those two companies, lol.
I ran CreditKarma and it matches transunion. I prefer transunion simulation tools tho.
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2000 Mustang GT Aluminator, TFS, Vortech, AED
Posts: 210 | From: Concord | Registered: Oct 2014
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FivePTSlow
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Member # 7682
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posted
quote:
Originally posted by venomous99:
quote:
Originally posted by FivePTSlow:
I'm getting there, the only thing holding me back now is the average age of my credit is low. That's the one area I can't do much about except wait.
Once I pay off my last of the credit card debts soon, and 3 inquiries drop off this year I'm sure I'll see a huge bump in my score.
aside from the obvious stuff like reducing debt and keeping your long standing credit cards open and active
,it helps to increase your credit line every so often.
http://www.bankrate.com/finance/credit/will-credit-limit-increase-hurt-score.aspx
I have about $100k in credit line for credit cards, that's way more than I'll ever use. I made sure to get my limits way up there, so even if I made a large purchase, my utilization will stay down and keep my score high.
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2011 GT/CS 5.0 + Boost(Procharger)
90 Bronco 5.8 Lifted
05 SRT-4 24PSI E-85 at least 50 million hp
07 Harley VROD NRS Stage 1
Posts: 1857 | From: Sacramento | Registered: May 2007
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FivePTSlow
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Member # 7682
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posted
quote:
Originally posted by stanger00:
I pay for transunion and have a discover card. I have 2 different FICO numbers from those two companies, lol.
I ran CreditKarma and it matches transunion. I prefer transunion simulation tools tho.
Well depending on your lender they may pull from a different bureau, so it's good to know all 3 scores if possible. As much as I like credit karma, their numbers are always off for me, especially trans Union. Their score is always 40-60 points lower than my actual trans Union score. No idea why, it has all the same info, I would bet it's likely so they can try to sell you stuff.
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2011 GT/CS 5.0 + Boost(Procharger)
90 Bronco 5.8 Lifted
05 SRT-4 24PSI E-85 at least 50 million hp
07 Harley VROD NRS Stage 1
Posts: 1857 | From: Sacramento | Registered: May 2007
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stanger00
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Member # 13818
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posted
quote:
Originally posted by FivePTSlow:
quote:
Originally posted by venomous99:
quote:
Originally posted by FivePTSlow:
I'm getting there, the only thing holding me back now is the average age of my credit is low. That's the one area I can't do much about except wait.
Once I pay off my last of the credit card debts soon, and 3 inquiries drop off this year I'm sure I'll see a huge bump in my score.
aside from the obvious stuff like reducing debt and keeping your long standing credit cards open and active
,it helps to increase your credit line every so often.
http://www.bankrate.com/finance/credit/will-credit-limit-increase-hurt-score.aspx
I have about $100k in credit line for credit cards, that's way more than I'll ever use. I made sure to get my limits way up there, so even if I made a large purchase, my utilization will stay down and keep my score high.
That's great idea until your minimum payments add up to or over 40 to 50% of your monthly income.
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2000 Mustang GT Aluminator, TFS, Vortech, AED
Posts: 210 | From: Concord | Registered: Oct 2014
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stanger00
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Member # 13818
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posted
quote:
Originally posted by FivePTSlow:
quote:
Originally posted by stanger00:
I pay for transunion and have a discover card. I have 2 different FICO numbers from those two companies, lol.
I ran CreditKarma and it matches transunion. I prefer transunion simulation tools tho.
Well depending on your lender they may pull from a different bureau, so it's good to know all 3 scores if possible. As much as I like credit karma, their numbers are always off for me, especially trans Union. Their score is always 40-60 points lower than my actual trans Union score. No idea why, it has all the same info, I would bet it's likely so they can try to sell you stuff.
My discover account provides me with a transunion FICO score.
I pay for a transunion subscription to track my credit for alerts and for score changes.
These two FICO scores are different.
CreditKarma matches my transunion subscription not my discover transunion score.
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2000 Mustang GT Aluminator, TFS, Vortech, AED
Posts: 210 | From: Concord | Registered: Oct 2014
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venomous99
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Member # 1917
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posted
quote:
Originally posted by stanger00:
quote:
Originally posted by FivePTSlow:
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Originally posted by venomous99:
quote:
Originally posted by FivePTSlow:
I'm getting there, the only thing holding me back now is the average age of my credit is low. That's the one area I can't do much about except wait.
Once I pay off my last of the credit card debts soon, and 3 inquiries drop off this year I'm sure I'll see a huge bump in my score.
aside from the obvious stuff like reducing debt and keeping your long standing credit cards open and active
,it helps to increase your credit line every so often.
http://www.bankrate.com/finance/credit/will-credit-limit-increase-hurt-score.aspx
I have about $100k in credit line for credit cards, that's way more than I'll ever use. I made sure to get my limits way up there, so even if I made a large purchase, my utilization will stay down and keep my score high.
That's great idea until your minimum payments add up to or over 40 to 50% of your monthly income.
more reason why you pay off your CC bills by the end of the month and not pay interest on cards.
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MKII Q7
89LX
Posts: 4811 | From: dc | Registered: Oct 2002
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FivePTSlow
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Member # 7682
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posted
quote:
Originally posted by stanger00:
quote:
Originally posted by FivePTSlow:
quote:
Originally posted by venomous99:
quote:
Originally posted by FivePTSlow:
I'm getting there, the only thing holding me back now is the average age of my credit is low. That's the one area I can't do much about except wait.
Once I pay off my last of the credit card debts soon, and 3 inquiries drop off this year I'm sure I'll see a huge bump in my score.
aside from the obvious stuff like reducing debt and keeping your long standing credit cards open and active
,it helps to increase your credit line every so often.
http://www.bankrate.com/finance/credit/will-credit-limit-increase-hurt-score.aspx
I have about $100k in credit line for credit cards, that's way more than I'll ever use. I made sure to get my limits way up there, so even if I made a large purchase, my utilization will stay down and keep my score high.
That's great idea until your minimum payments add up to or over 40 to 50% of your monthly income.
Yes, as with most things, huge limits come with huge responsibility. I have less than $2k in credit card debt, so my utilization is extremely low. I can pay this debt off at any point, but they're both at 0%, so no rush.
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2011 GT/CS 5.0 + Boost(Procharger)
90 Bronco 5.8 Lifted
05 SRT-4 24PSI E-85 at least 50 million hp
07 Harley VROD NRS Stage 1
Posts: 1857 | From: Sacramento | Registered: May 2007
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