I am stuck at 730 for a long time now, Any recommendations? Have 2 credit cards. 6 years of credit history , 1delayed payment 5 years ago. Monthly expenses on the CC around 2K, I pay off immediately after big expenses. Trying to reach 800
Get a mortgage. Auto loan might work too. But once those loans get paid, idk what happens to your score (if it’ll drop). Lower your credit card utilization rate to 1%. Pay most statement balances a day before statement close.
Pls share some more info.. how many CC u have? How much u spend monthly? How frequently u pay?
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More types of debt and the above. Demonstrate a track record of borrowing and paying back responsibly. Google how the fico score is calculated and directly attack that.
Cut monthly spending down to 5% of credit limit. If $50k in credit monthly credit card usage needs to be $2500 or less.
Credit line increase. Fastest way. Half the time they don't have to pull a report.
☝️☝️☝️☝️ Go to the cc website, they will ask for your annual income, update it with your blind TC to get credit score to 🚀🚀🌕🌕
Car loan
When I went into BoA to ask about mortgage three years ago, she looked at my profile and said I need a minimum of 3 credit lines to get a mortgage with decent rate. Highly suggest getting another credit card.
Use credit karma or Experian regularly, there are a lot of useful tips and you can keep a constant eye on it , they are data brokers - hopefully they never get hacked ..lol
Experien boost
More credit cards, time, or a house
I need it to get better to buy a house
You’ll get a good mortgage rate with your current score and can always refi later as it improves (which you’ll probably want to do anyway with current rates).