My fiancee and I decided to pull our credit reports for the first time. We are both 22 and new to this whole game. Mine was pretty much ok, TU score 719. It probably could have been higher, but I've pretty much maxed out a $7500 Wells Fargo account. TU also said I have too many inquiries...what is that? I didn't get my other scores. My fiancee's was a 626. She had 1 90+ bill late and another 30+ bill late from a year and a half ago. What can she do to bring this score up...how long will this be on her report? Neither of these unpaids came up on Equifax. One more thing...we tried to apply for more credit through Well's Fargo the other day. They are a bitch to get credit from. They turned us down for $1000. I already had the $7500 account through them, but they made me get a co-signer and then were almost going to reject me. They piss me off! We are going to be buying a house in the next 1-2 years and I want our credit to be in good shape. I followed the trend on this message board and immediately raised all our credit limits. Any ideas or wisdom?
This can stay on your report 7 years from the date of last activity. If you close the account today and it is paid off, 7 years from today. Lower your debt to income ratio. Pay off that Well's Fargo account that is maxed out. then keep your ratio's low. And get rid of the lates by disputing with CRA's.
