i just had to tell you guys about this...my scores were mid to upper 600's lately on PG and in last couple months opened two new credit cards and bought an auto loan. on top of that, we maxed out those cards right away investing in a business opportunity. i've been waiting for those accounts to hit. i have pg but haven't pulling regulary so I thought I would check to see if they are reporting. they were, so i checked my scores...750+. so i was impressed. went and pulled my score directly from myfico... can i get a drumroll please?? it is 803. holy crap.
i want to point out my credit history does not fit the profile 10 year history 7 tradelines TOTAL 4 currently open (mortgage 7 years, 2 new credit cards (maxed) new auto loan IT CAN HAPPEN TO YOU! i started in march of 2003 with a score of *gulp* 487 i think it was.
BIG CONGRATS!!!! Your cards are maxed, but do they show that way on the reports? If so, you've got more room to go when the utilization comes down. If not, you'll probably end up in the 770s-780s which is still excellent territory!
yup they report that way- my cards show a couple dollars under my limit (opened 1/04 and 2/04). and my car loan balance is also the high loan amount. (opened 1/04) go figure. and here i thought utilization matters - i guess they just ask the magic 8-ball. ooooh, now you got me all excited to see what they will be in a couple months when i get them paid off. Watch my score drop to 650!!!!!!
