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My credit card balance is over 50%. How long will it take my credit score to go back up?

February 21st, 2011

My credit card balance is over 50%. How long will it take my credit score to go back up?
Hi. I recently just got my first credit card ever and used it to make a $ 1600 purchase. The credit limit is $ 3000, so obviously I’m over 50% of the balance, and I [...]

Equifax Score Goes Up 109 Points In Under 2 Months ( August 8 2010)

October 30th, 2010

Equifax Score Goes Up 109 Points In Under 2 Months. His original Challenge was started June 21 2010. If you have questions, you can email me at goodcreditllc@gmail.com or visit my website. www.fixyourhorriblecredit.com

Tags: Under, Months, score, Equifax, Points, 2010, Goes, AUGUST

Credit score may take a hit when credit cards are canceled

July 5th, 2010

Credit score may take a hit when credit cards are canceled
Q. I am 67 and retired. I have an American Express gold card and an American Express Hilton branded card. I would like to cancel the gold card and retain the Hilton card because the gold card costs $110 per…
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What impact does closing credit cards have on your credit score?

May 28th, 2010

What impact does closing credit cards have on your credit score?
I have a number of credits that I am not using. What impact if any would closing some of these accounts have on my credit score?

Tags: credit score, Credit Cards, impact, Cards, score, Credit, closing

How can I cancel credit cards I have without getting dinged on my FICO score?

May 22nd, 2010

I have several credit cards that have annual membership fees required. But I do not use them and have no plans on using them in the future. I’ve been told that if I cancel these cards that my credit scores will suffer because of the cancellations. Is there a way to cancel these cards without [...]