Post Your Current Credit Score

[Cougar Bait]

post of the month

Post of the minute

 

[Saulty]

680

I opened up 9 credit cards in the past year.

I just met a guy at an MS meet up that has 68 credit cards.

He's flying Cathay First next month. Then Easter Island after that. All free.

I'd bet Christmas Island is his next trip.

 

[IAG]

736....my score went up almost 30 points in a month? The only thing I did was close a Wells Fargo CC with $5000 limit. If I close a few more will that have the same effect ya think Bacon or is it just the downgrading in general/one credit thing? FICO is so complicated anymore.

I had stopped mile whoring as opening 5 new cc caused a drop in my score down to 702, but if I simultaneously close other accounts, you think I'll be ok?

 

[Cami]

Closing accounts actually damages your credit score, it's best to pay them down and leave them open.

 

[IAG]

I wonder why my score went up 30 points in one month then....hmmm...that was the only thing I changed? Weird.

Do you think that's true even if you have absurd # of trade lines? I was thinking that could be why it was. I have way more than needed to establish sufficient credit.

 

[Cami]

Did you pay other things down? maybe that was it, idk.

 

[IAG]

No. Not really. Well actually I'll have to look. Depending on when they do their reporting I may have paid off one card. I have not been carrying balances except one small one on a zero interest card. I'll have to go look at that...

Would like to get to 745...I have read that is where they consider "zero risk.." Does that sound right to you guys?

 

[IAG]

I think you are right. I used their simulator and added the amount that was paid off and it brought my score down to 700.

What's weird is when I asked how it would be affected if I paid off the current reported balances (due date hasn't come yet and small balance on zero interest card) , it showed no change.

 

[bacon]

We can talk about a monthly fee for any further credit advice. In the meantime I suggest creditkharma.com for accurate information.

 

[FairWarning]

Is there a site that accurately explains how these credit scores work and how they are computed? It seems like there is no industry standard.

 

[bacon]

This thread is probably more accurate than any of them, more or less have a few tradelines, have them paid below 30% of the max and pay shit on time.

 

[IAG]

I didn't realize this. Maybe that wasn't my FICO score, rather my transunion credit score.

http://www.myfico.com/crediteducation/questions/why-three-scores.aspx

 

[Blitty]

I just checked Credit Karma and I'm at 743.

 

[bacon]

How it's done, son.

 

[Archie]

810

 

[bacon]

So sick Archie, 800+ and you are a God! You should give Blitty lessons.

 

[Tron]

680

Now at 709

 

[IAG]

Looks like Kredit Karma uses transunion credit score only also.