Comments on: How to Raise Your Credit Score http://ptmoney.com/how-to-raise-my-credit-score/ Real Personal Finance for a Life Without Limits! Thu, 29 Mar 2012 02:15:21 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: PThttp://ptmoney.com/how-to-raise-my-credit-score/comment-page-1/#comment-12582 PT Thu, 01 Jan 1970 00:00:00 +0000 http://ptmoney.com/?p=6720#comment-12582 @wendy - not really sure. here's some advice from the Mint.com answers forums: http://www.mint.com/blog/how-to/improve-my-credit-score-06232010/ Scroll to the bottom. @wendy – not really sure. here’s some advice from the Mint.com answers forums: http://www.mint.com/blog/how-to/improve-my-credit-score-06232010/ Scroll to the bottom.

]]> By: wendyhttp://ptmoney.com/how-to-raise-my-credit-score/comment-page-1/#comment-12580 wendy Thu, 01 Jan 1970 00:00:00 +0000 http://ptmoney.com/?p=6720#comment-12580 Once opening a secured loan, how long would it take to really show an increase in my score? Once opening a secured loan, how long would it take to really show an increase in my score?

]]> By: Tonihttp://ptmoney.com/how-to-raise-my-credit-score/comment-page-1/#comment-12414 Toni Thu, 01 Jan 1970 00:00:00 +0000 http://ptmoney.com/?p=6720#comment-12414 I was told that if you don't use your credit, then that would hurt your score as well. If you have credit cards, use them once a month and pay off that bill. Also if you don't have more than one type of loan, IE an auto or installment loan and a credit card, go to your bank and get an installment loan for a small amount and pay it off on time. (you can even get a secured loan from the bank, it shows as a regular installment loan on your credit,), it can be for $200 or $500 dollars and pay it off on time. I was told that if you don’t use your credit, then that would hurt your score as well. If you have credit cards, use them once a month and pay off that bill. Also if you don’t have more than one type of loan, IE an auto or installment loan and a credit card, go to your bank and get an installment loan for a small amount and pay it off on time. (you can even get a secured loan from the bank, it shows as a regular installment loan on your credit,), it can be for $200 or $500 dollars and pay it off on time.

]]> By: Erinhttp://ptmoney.com/how-to-raise-my-credit-score/comment-page-1/#comment-11956 Erin Thu, 01 Jan 1970 00:00:00 +0000 http://ptmoney.com/?p=6720#comment-11956 I don"t know why my credit score is so low. I ordered the three credit reports and I don't have any late payments or owe any money to a company, I have a pretty clean credit report but my score doesn't show that. Do you have any ideas as to why that could be? I don”t know why my credit score is so low. I ordered the three credit reports and I don’t have any late payments or owe any money to a company, I have a pretty clean credit report but my score doesn’t show that. Do you have any ideas as to why that could be?

]]> By: FLUTTERCUPhttp://ptmoney.com/how-to-raise-my-credit-score/comment-page-1/#comment-10688 FLUTTERCUP Thu, 01 Jan 1970 00:00:00 +0000 http://ptmoney.com/?p=6720#comment-10688 I have been struggling to get a low credit score back up. It's a challenge but it's coming along. Right now I'm at a stand still. I need 12 more points to increase to qualify for a rural development loan. I won't budge and there is nothing else to work on to improve it. I don't know what else to do to get the score up. I'm just want to give up and quit trying so hard. I will rent for ever if so. I have been struggling to get a low credit score back up. It’s a challenge but it’s coming along. Right now I’m at a stand still. I need 12 more points to increase to qualify for a rural development loan. I won’t budge and there is nothing else to work on to improve it. I don’t know what else to do to get the score up. I’m just want to give up and quit trying so hard. I will rent for ever if so.

]]> By: Darrenhttp://ptmoney.com/how-to-raise-my-credit-score/comment-page-1/#comment-10661 Darren Thu, 01 Jan 1970 00:00:00 +0000 http://ptmoney.com/?p=6720#comment-10661 Like Meghan, I'm doing in good in most areas except payment history as well. I'm a relatively new card user, but this should just improve with time.Another factor that I think has an effect on your score is your utilization ratio. If you increase your credit line, this should have a positive impact on your score.If you have a Citibank card, from time to time they have a link online where you can automatically increase your credit line. This is one of the biggest reasons I like this card. Like Meghan, I’m doing in good in most areas except payment history as well. I’m a relatively new card user, but this should just improve with time.

Another factor that I think has an effect on your score is your utilization ratio. If you increase your credit line, this should have a positive impact on your score.

If you have a Citibank card, from time to time they have a link online where you can automatically increase your credit line. This is one of the biggest reasons I like this card.

]]> By: PThttp://ptmoney.com/how-to-raise-my-credit-score/comment-page-1/#comment-10443 PT Thu, 01 Jan 1970 00:00:00 +0000 http://ptmoney.com/?p=6720#comment-10443 @Meghan - Yeah, the FICO is definitely biased against younger people. Nice tip about the credit union. I know more are more financial institutions are offering credit reports as a free service. The new charge card from Amex, the <a href="http://ptmoney.com/american-express-zync-card-review-amex/" rel="nofollow">ZYNC card</a>, gives you access to your reports and score once annually. @Meghan – Yeah, the FICO is definitely biased against younger people. Nice tip about the credit union. I know more are more financial institutions are offering credit reports as a free service. The new charge card from Amex, the ZYNC card, gives you access to your reports and score once annually.

]]> By: Meghanhttp://ptmoney.com/how-to-raise-my-credit-score/comment-page-1/#comment-10441 Meghan Thu, 01 Jan 1970 00:00:00 +0000 http://ptmoney.com/?p=6720#comment-10441 Thanks for the insight! I am doing well on all of the areas except "payment history" as I am just starting out so hopefully as time goes on it will continue to go up.I am not sure about other places but the credit union I am a part of (as long as I have some kind of credit with them) keeps my credit score on file and it is updated every 3 months. Maybe other financial institutions do the same? It's a easy way to get it for free. Thanks for the insight! I am doing well on all of the areas except “payment history” as I am just starting out so hopefully as time goes on it will continue to go up.

I am not sure about other places but the credit union I am a part of (as long as I have some kind of credit with them) keeps my credit score on file and it is updated every 3 months. Maybe other financial institutions do the same? It’s a easy way to get it for free.

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