Comments on: 7 Ways to Improve Your Credit Score http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/ Personal Finance Blog Sat, 19 May 2012 23:23:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Brittany http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/#comment-9854 Brittany Sun, 30 Oct 2011 20:00:10 +0000 http://blog.quizzle.com/?p=504#comment-9854 The majority of credit card companies do not charge interest when you pay your balance in full every month. The best way to build your score and stay ahead of the game is to use a card that you get rewards on to buy the things you need anyway. Most cash reward cards offer 1-5% back depending on the category. I personally put all my utility bills, grocery and gas purchases on a credit card and pay it in full every month. I usually get around $100 back every year just for things I had to pay for any way. It definitely takes discipline to stay on budget and do this so if you're afraid you may not have the discipline to pay every month try using a card like American Express that requires payment in full every month. The majority of credit card companies do not charge interest when you pay your balance in full every month. The best way to build your score and stay ahead of the game is to use a card that you get rewards on to buy the things you need anyway. Most cash reward cards offer 1-5% back depending on the category. I personally put all my utility bills, grocery and gas purchases on a credit card and pay it in full every month. I usually get around $100 back every year just for things I had to pay for any way. It definitely takes discipline to stay on budget and do this so if you’re afraid you may not have the discipline to pay every month try using a card like American Express that requires payment in full every month.

]]> By: płaszcze http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/#comment-7445 płaszcze Thu, 07 Oct 2010 03:00:28 +0000 http://blog.quizzle.com/?p=504#comment-7445 Outstanding piece, thanks for sharing! Outstanding piece, thanks for sharing!

]]> By: BungalowMo http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/#comment-5959 BungalowMo Tue, 08 Jun 2010 22:02:15 +0000 http://blog.quizzle.com/?p=504#comment-5959 I can only disagree with #4. It's actually better to show balances on < half your open cards, and the best is around 7% utilization across all cards. I have 7 cards with balances reporting on 2. When I let a balances (on purpose, as a test) report on 4, I got a scorewatch alert that my score had dropped by about 10 points. Paid those off & waited for the next month when those 2 cards reported...another alert...score went back up. One thing to keep in mind...pay the bill BEFORE the statement cutoff date. That way, they are reporting the lowest possible balance for you. Nearly all cc companies report to the 3 CRA's on the statement cut date. Just a little FYI! :-) I can only disagree with #4. It’s actually better to show balances on < half your open cards, and the best is around 7% utilization across all cards. I have 7 cards with balances reporting on 2. When I let a balances (on purpose, as a test) report on 4, I got a scorewatch alert that my score had dropped by about 10 points. Paid those off & waited for the next month when those 2 cards reported…another alert…score went back up.

One thing to keep in mind…pay the bill BEFORE the statement cutoff date. That way, they are reporting the lowest possible balance for you. Nearly all cc companies report to the 3 CRA's on the statement cut date.

Just a little FYI! :-)

]]> By: kelly http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/#comment-5777 kelly Fri, 21 May 2010 22:00:15 +0000 http://blog.quizzle.com/?p=504#comment-5777 i have been to a million websites that promised a free credit score and this one is the only one that has ever followed through with that promise,it was so easy to use too,my problem is that im 25 and cant get my credit score over 600,they say not to apply for credit cards because itaffects your score,but how am i supposed to get my score up without a credit card,and how do i get my score from the other two companies i have been to a million websites that promised a free credit score and this one is the only one that has ever followed through with that promise,it was so easy to use too,my problem is that im 25 and cant get my credit score over 600,they say not to apply for credit cards because itaffects your score,but how am i supposed to get my score up without a credit card,and how do i get my score from the other two companies

]]> By: wendy http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/#comment-5717 wendy Tue, 18 May 2010 21:19:47 +0000 http://blog.quizzle.com/?p=504#comment-5717 i have a score of 650 i have only 3 bills showing my morgage, 1 stupid 300.00 delinq. and my monthly child support. I have payed off over 28,000.00 in loans and am currently with no bills exept the 3 as stated. why in the world would my credit score not change after paying off those large bills. it didnt even change 1 incrament. im so angry with the way credit is done. who's the boss of our credit anyway, doesnt seem to be me. I was told i have to much money going out i needed to pay off some bills. so i did and i still cant get a loan and my only owing bill is 900.00 a month. wtf oh i can pay the only 1 payment of 300.00 but if 28,000.00 didnt move my score then i dont think 300.00 is going to move it. i figured if i was at 650 and payed off that chunk of money i should be at lease at 680 - a 780 somewhere in there, but not a numeric one. can some one help me this is crazy., i have a score of 650 i have only 3 bills showing my morgage, 1 stupid 300.00 delinq. and my monthly child support. I have payed off over 28,000.00 in loans and am currently with no bills exept the 3 as stated. why in the world would my credit score not change after paying off those large bills. it didnt even change 1 incrament. im so angry with the way credit is done. who’s the boss of our credit anyway, doesnt seem to be me. I was told i have to much money going out i needed to pay off some bills. so i did and i still cant get a loan and my only owing bill is 900.00 a month. wtf oh i can pay the only 1 payment of 300.00 but if 28,000.00 didnt move my score then i dont think 300.00 is going to move it. i figured if i was at 650 and payed off that chunk of money i should be at lease at 680 – a 780 somewhere in there, but not a numeric one. can some one help me this is crazy.,

]]> By: Jessica R. http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/#comment-5687 Jessica R. Sun, 16 May 2010 18:31:52 +0000 http://blog.quizzle.com/?p=504#comment-5687 Thank you so much for the great information and FREE credit Score. You have helped make this journey of 1st time HomeBuying 10x easier in less than 5 minutes!!! Thank you!! Quizzle is great! Thank you so much for the great information and FREE credit Score. You have helped make this journey of 1st time HomeBuying 10x easier in less than 5 minutes!!! Thank you!! Quizzle is great!

]]> By: STEPHANIE http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/#comment-5617 STEPHANIE Thu, 13 May 2010 02:31:05 +0000 http://blog.quizzle.com/?p=504#comment-5617 THIS IS GREAT!!! THANK YOU!!!!!! THIS IS GREAT!!! THANK YOU!!!!!!

]]> By: Aida http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/#comment-5576 Aida Sun, 09 May 2010 04:43:40 +0000 http://blog.quizzle.com/?p=504#comment-5576 After many years of having all types of financial problems and receiving financial advise from everybody I know; finally I found a site with the information I have been loking for. I thought my credit score was very low due to all of my money problems in the past and to my surprise it was not. For now, I am very happy with it. There is always room for improvement and I will find the way to improve my credit score; the higher the number the better it will be for me. This site is fantastic with lots of information for people like me that some times do not have a clue about personal finances. Thank you...thank you...thank you...I appreciated very much... After many years of having all types of financial problems and receiving financial advise from everybody I know; finally I found a site with the information I have been loking for. I thought my credit score was very low due to all of my money problems in the past and to my surprise it was not. For now, I am very happy with it. There is always room for improvement and I will find the way to improve my credit score; the higher the number the better it will be for me. This site is fantastic with lots of information for people like me that some times do not have a clue about personal finances. Thank you…thank you…thank you…I appreciated very much…

]]> By: James http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/#comment-5549 James Thu, 06 May 2010 04:40:58 +0000 http://blog.quizzle.com/?p=504#comment-5549 TO PAM March 17th, I dont know of any Credit Cards that charge interest if you pay them off every month. keep your balance at 0, at the end of every month and they shouldnt charge a fee. and you'll get a better report. TO PAM March 17th,
I dont know of any Credit Cards that charge interest if you pay them off every month.
keep your balance at 0, at the end of every month and they shouldnt charge a fee. and you’ll get a better report.

]]> By: Lyndsi http://www.quizzle.com/blog/2009/09/7-ways-to-improve-your-credit-score/#comment-5475 Lyndsi Tue, 04 May 2010 05:02:44 +0000 http://blog.quizzle.com/?p=504#comment-5475 Thank you quizzle.com for offering this amazing site to the public. I will do my best to let everyone around me know how useful this information can be, especially when in unstable financial times right now! It is so refreshing to finally encounter an educational site dedicated to helping Americans dissect their finances and confront their debt in an impacting way! Thank you, thank you, thank you! Thank you quizzle.com for offering this amazing site to the public. I will do my best to let everyone around me know how useful this information can be, especially when in unstable financial times right now! It is so refreshing to finally encounter an educational site dedicated to helping Americans dissect their finances and confront their debt in an impacting way! Thank you, thank you, thank you!

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