All Questions
11
questions
5
votes
2
answers
491
views
Can Having Less Debt Lower Your Credit Score?
Background:
In preparation to buy my first house I've started keeping an eye on my (Experian FICO) credit score, and I've been seeing behavior that is very strange. After a year of my credit score ...
1
vote
2
answers
274
views
Would Getting (and Paying) an Installment Loan Benefit My Mortgage Rate
I am planning to buy a house (in the US) in about 9-12 months. I've read from different resources that an installment loan may boost my credit score if I make my loan repayments on time, as this is ...
- 125
0
votes
2
answers
527
views
Can U.S. car dealerships pull your entire credit report or just your FICO score?
In the U.S. can car dealerships pull your entire credit report, or just your score if you go into them to apply for a loan? Of all the research I've done, it sounds like its just your FICO score that ...
- 383
0
votes
3
answers
183
views
How will having two active credit accounts with different balances affect my monthly credit scores?
I heard that with the new FICO model, they want you to spend ten percent or less of your credit limit to keep your scores from dropping.
I recently applied for a second credit card, one with four ...
- 282
0
votes
1
answer
281
views
How long before proper credit card utilization counteracts the hard inquiry?
I know this will depend on personal factors, but let's aim for a rule of thumb. They say not to apply for credit anytime before asking for a loan, and this question is not specifically for that ...
- 121
2
votes
1
answer
335
views
Does not having the full (good) payment history on report negatively affect me?
I've had my credit card since 2006. My credit-report reports the following:
Status: Open/Never late.
Date Opened: 06/2006
Reported Since: 06/2011
Date of Status: 09/2014
Last Reported: 09/2014
...
6
votes
2
answers
309
views
Do I have to pay interest to increase my credit score?
I am going to ask this oft repeated question one more time because:
I have heard many of my friends say that the best way to increase your credit score is to take a loan ( at an interest) and then ...
- 413
6
votes
3
answers
3k
views
How can I get my incompetent utility company to remove late payments on my credit report?
My FICO score dropped 100 points after my incompetent utility company posted false late payments. It had been 780 prior to the late payments.
I have a legitimate case but they are so bureaucratic and ...
- 1,141
2
votes
1
answer
871
views
Why is my credit score now being ranked on a scale of 501 to 990?
Over the years, I've run several credit reports on myself inching my way closer to 750 then 800 on a FICO scale. Then, using TrueCredit to analyze my report, as I always have, I suddenly notice I'm ...
- 775
45
votes
7
answers
3k
views
How can one get their FICO/credit scores for free? (really free)
TV and the web are filled with ads promising to give you a free copy of your credit report. Unfortunately, instead of being wholly free, they are actually free trials, which means:
You only get them ...
- 2,209
6
votes
2
answers
533
views
What is a FICO score and how is it related to a credit report?
What is a FICO score and how is it related to a credit report?
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