Tim asked:


I have only have one revolving credit card, and I have a very high credit score. Because of this overall score they subsequently increase my credit line, even though I don’t ask for or use this revolving line of credit. Question? I have been told if you ask for a credit line decrease they lower your overall credit score? Why? What can you do to minimize a lowered credit score?

Bonnie

Giovanna R asked:


I have to pay 2,654dollars and the lady said if I pay 1,900 for a settlement she would say it was paid all…but my question is will my credit go back up once I paid the full amount

Ryan

mdk72003 asked:


i have a credit score of 615 and im trying really hard to get a motorcycle or a loan for one please somebody help me with a site or somethin i can go to, please no answers about how i should pay my bills on time to get better credit, im a college student i have none

Rose

hhhthegame asked:


I have 2 credit cards on my credit report that I’ve never used. I’ve heard that the less credit you have avaible the higher your score will be (less cards/credit to max out on). But I’ve also heard that if you close accounts it lowers your score. Should I close them?

Patrick

jade_blu_eyes asked:


My credit score is about 615. I am working on improving my score so that I can qualify for a mortgage loan with low financing in about a year or so. I currently have an auto loan, and 3 revolving credit accounts. (All bank credit cards) Two of the revolving accounts are new, and the other almost a year old. My auto loan will be a year old in July of this year. Should I apply for more credit to get my score higher? If so what type of credit? What is a good mixture of credit to have to get a person’s score higher? Any advice is appreciated. Thanks!

Claude

MR3000 asked:


I have a credit union visa credit card wth credit limit of 15K$
And Amex card with credit limit of 10K$
I spend around 3k$ including both the cards in a month.
Before the due date, i payoff all the amounst -3k$ ( no finance charges ).
I dont have any other loans.
I have credit score 690
what is the possibilty i will have the score of 850 in 2 years from now with this pace.
Is the high credit limit will affect my score ?

Stacey

Yesenia M asked:


How much will my credit score increase if I were to pay off 50% of my credit cards within a 2 month time frame? My current credit score is 568 and Im hoping to increase it to 700 Im planning on getting a car by the summer and I want a great credit score…

Lloyd