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[QUOTE]Originally posted by venomous99: [QB] [QUOTE]Originally posted by stanger00: [qb] [QUOTE]Originally posted by FivePTSlow: [qb] [QUOTE]Originally posted by venomous99: [qb] [QUOTE]Originally posted by FivePTSlow: [qb] 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. [/qb][/QUOTE]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 [/qb][/QUOTE]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. [/qb][/QUOTE]That's great idea until your minimum payments add up to or over 40 to 50% of your monthly income. [/qb][/QUOTE]more reason why you pay off your CC bills by the end of the month and not pay interest on cards. [/QB][/QUOTE]
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