Credit Utilization Question
by Shanon As I understand, it’s not recommended to use more than 30% of your credit limit per billing cycle. My limit is rather low ($300), so my question is what happens if I use the card for, say 90% …
Tag: fico
Does credit counseling affect my credit score?
by Mark I’m 28 and very bad with my financials. I’ve managed to accumulate a lot of credircard debt. I have a few late payments and other derogatory items on my report. After considering my odds I’ve decided to enroll …
Dose maxing your card and then paying the statement in full good for raising Fico score?
by Stephanie If I max my credit card but pay the statement in full before the due date, will it hurt my credit score or will it actually raise it? Thanks. It will raise your Fico score by: Stacy What’s …
Dose maxing your card and then paying the statement in full good for raising Fico score? Read more »
Experian Vantagescore
by Sno What is exactly Experian vantagescore, and how is it compared to FICO? It’s a new Credit Risk Score by: Elvin Vantagescore (or Vantage Score) is a new risk scoring model that the three major credit bureaus are trying …