Incease Credit Score?

[tommymac]

Originally Posted by Adeptus_Minor

Probably.
In order to be considered a responsible American, you have to do a certain amount of business with the debt-dealers.

Figures, I had been using a few other cards that have proveded better rates and service over the years. My primary CC now I have had for over 10 years and have a few store and other CC's I use for promotional stuff.

The timing sucks since were mortgage hunting, but we got some sort of good faith approval from the broker were using so hopefully this doesnt hurt us any.

Tom

[Lucky3623]

From what I remember when I was working for Experian:

Keep about 50% of your credit ballance available
Get your CR (from all 3... Trans Union, Equfax, and Experian) and dispute ANY wrong information (the company has 45 days to return proof) Also check for judgements (if you need their numbers or any other info, let me know)
Catch up on late payments
Don't miss any payments

[xx CURVE xx]

Originally Posted by Lucky3623

From what I remember when I was working for Experian:

Keep about 50% of your credit ballance available
Get your CR (from all 3... Trans Union, Equfax, and Experian) and dispute ANY wrong information (the company has 45 days to return proof) Also check for judgements (if you need their numbers or any other info, let me know)
Catch up on late payments
Don't miss any payments

yes..numbers please

[the chi]

I found out not long ago that closing inactive accounts that had availability for use seemed to have helped my credit score. In the last 6 mos I have simply been paying on time, paying things off, and closing all my inactive accounts.

[Rider]

Originally Posted by The Chi

I found out not long ago that closing inactive accounts that had availability for use seemed to have helped my credit score. In the last 6 mos I have simply been paying on time, paying things off, and closing all my inactive accounts.

Contrary to popular belief, this is a bad practice.

[the chi]

Originally Posted by Rider

Contrary to popular belief, this is a bad practice.

At one time it may have been, but I am saying from experience that as soon as I did it I saw another jump up in my credit score. I literally have increased by about 40 points since last fall.

I had cards for Honda, Suzuki, Kawi, and an old Kaye's jewelery account that hadnt been used, EVER. So they were open, potentially available for use and a notice to ay potential creditors that I could increase my debt at any time.

Now, keep in mind I have 3 credit cards that i actually use, and my car and bike payments and mortgage payment, so I dont need accounts to make me credit worthy. If you DONT have credit at all, keeping them open might help.