should i max, then pay all the payments, then max and pay in full or what... is there a certain technique i need to use in order to get my credit score up faster??? thanks deedz
I would strongly suggest against maxing out your card and then paying it in full. Try to keep your balance at 35% or less of the credit line to obtain the maximum benefit. Others have said once you go over 50% your score really tanks. The only other thing that I'd suggest to improve your score is time. Don't apply for too many accounts at once, but instead let your accounts age. You could go to myfico.com and pay for a credit report with the FICO score. This would provide some very generalized codes and short descriptions about what factors are lowering your credit score. Although there is no magical solution to increasing the score, I'd suggest following the general suggestions and you'll be off to a fine start.
