FixitNow Posted January 9, 2009 Report Share Posted January 9, 2009 I have struggled with my FICO scores for several years and I am finally sick of it.I have not had a late pay on anything in 4-5 years. I have a house, 2nd mortgage and multiple credit cards. I seem to consistantly be in the 630-670 range. I have disputed older items with no real positive success.I need to refi my house so I can do a construction loan and need some concrete help and advice to boost those scores to a 700 over the next month. Without a 700 I'll have to fork over several grand to get my house loan on the secondary market. I know building credit takes time, and nothing happens over night but I am starting to run out of patience and time. I am willing to pay for a service or someone to literally work with me over the next month to boost the scores. I am paying off all credit cards this month with the hope that maybe that might get me there since my utilization is about 70%.TU - 669EX - 650EQ - 639Thank you Link to comment Share on other sites More sharing options...
Denita Posted January 9, 2009 Report Share Posted January 9, 2009 Its the utilization you have at 70% that is keeping you from the higher scores. Utilization is about 35% of the scoring models. Believe me, once you pay down the balances your scores will increase dramatically (assuming you have done everything else that the book on here recommends). Link to comment Share on other sites More sharing options...
shadokeeper Posted January 9, 2009 Report Share Posted January 9, 2009 I have seen it happen I made a couple of purchases I was testing the system lol. I made a few larger purchases on a couple of my cards, I let then report one month and then PIF. my utilization was up to about 65% and my scores TANKED! loss of like 30pts. then when i PIF they rebounded back up... So it pays to PIF, and carry low unlization Link to comment Share on other sites More sharing options...
Ahntara Posted January 9, 2009 Report Share Posted January 9, 2009 Send whatever you'd like. We'll help for free! Link to comment Share on other sites More sharing options...
JustaTexan Posted January 9, 2009 Report Share Posted January 9, 2009 Shadowkeeper and Denita are both right. If there's nothing else going on with your report then your 70% ulit. is killing you. Keep paying your cards down and watch your steady increase in scores. Please don't pay somebody to raise your scores for you. They might not even be able to do it and they'll take your money anyways. I think you can do it by paying your cards down. Good luck! Link to comment Share on other sites More sharing options...
FixitNow Posted January 9, 2009 Author Report Share Posted January 9, 2009 I am in the process of paying all my credit cards off this month. We'll see what happens from there.Thank you for your advice. Link to comment Share on other sites More sharing options...
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