Congrats Haybreez, Keep in mind that you need to keep those balances low and your score will continue to climb:>
The increase is from 1 new CC that showed up. I hope that it goes up more when the other ones show up also. Is it a good idea to charge them up alittle then pay it down fast, or not? I think I read somewhere that FICO like that.
Showing (prudent) activity is a plus, it communicates that you can use credit wisely. Remember, the FICO is not a straight formula, it is a predictor of behaivor, so activity that shows "good behaivor" helps your score.
Did CJ show up on your reports yet? If so are they repoting a $1500- limit or less? Just wondering. I have not activated my account yet. Thanks, MBB
I got a crown jeweler acct and used it the 2nd week of March. It has just shown up on Exp a few days ago and does show 0 of 1500 on the CL. Tegleg
I do know my Equifax FICO did raise from 589 to 684 but there were several changes during that time so I can't say how much CJ did on it's own. When my first account (Target) hit my reports I saw a 20 point jump. Again that may not be accurate I don't remember what else occurred at that time. Tegleg
Thanks, Tegleg I understand that you had a lot of changes going on with your reports. Thanks for responding anyway. I'm still not sure if I want the CJ TL. Like you I am headed for homeownership. I read that you are a RN in a prior post. I seems that we have a few things incommon:> Good luck with your FHA Loan. Let us know what happens. MBB
