The best advice I could give anyone on the most effective way to build your score is using a secured credit card. Never use more than 30% of the available credit on said card and ALWAYS pay before the due date!
I reduced my debt from 9% to 3% and my credit score dropped 15 points!!! Does anyone know why?
@Twenewaa A - I think it may be due to not using your card much. Even though carrying a balance is bad for the cardholder, it is seen positively by the creditor. I think as long as you have activity (not just repayment activity), it may positively affect your score.
My credit score has been going up but then when I buy something it seems to go down at least of any value.
got mine up to a 720 paying bills on time
Basically i used a couple different methods at 1 time. I used kikoff, money lion and disputes with the actual credit bureaus and its been raising my credit weekly now.
My score tanked 50 points last month. I have not missed a payment and my balance to limit percentages are about the same. Has anyone else had this happen? I am baffled.
I took out a secured personal loan from my credit union and this is helping raise my credit score.
I need to get a loan to increase my credit.
I raised my score 100 points this past month and still working on it to get better.
That's excellent
I've found the best way to raise my score was to lower my credit utilization to 30% or less. That gave me the biggest boost.
I have been able to lower my utilization to under 20% and this has helped me. My goal is to get below 10% and once more of my credit inquiries fall off, it should increase significantly.
Also working on my credit. Did some disputes and that helped a little but now my tip is using each card a little every month so it shows as "active" and shows a non-$0 balance which i learned will help my score. Good luck everyone!
I raised my score too from about 530 to 702
I spent the past year repairing my credit. I boosted my score over 130 points. I didn't get any help I just did the research and put in the work. Settled most of my debts for about 35% of the original amount the only thing that remains is my student loans and my score is close to 700.
Working on my credit to increase it
the kik app only reports to 1 bureaus and most bureaus only report loans that cost $350 and up therefore most of them will stop reporting kikoff loqbox and kovo and some self lender accounts
Hello! I am currently trying to increase my score to 700. 🤞
if you need help increasing your score – look up free ways to do this on youtube and google
I need to get a new credit card
I raised my credit score 58 points in the last 30 days!!
I reduced my debt from 9% to 3% and my credit score dropped 15 points!!! Does anyone know why?
I had something similar happen and it was because the average age of my cards had declined.
:)
I raised my score from 490 to 620 in one month.
wow, that's a big jump in one month, thanks for sharing!
Moneylion is awesome 100% recommended!! Been a member for a few yrs now:)