Paid Off Entire Credit Card Debt, Will Credit Scores Continue To Increase?
I fortunately just was able to cash out some stock options that have matured and was able to pay off about $20k in credit card debt (most were maxed) and $25k in auto loan debt. I only have student loans and my mortgage remaining which have always been and are in good standing. I noticed that my score over the last month of paying everything off jumped up from 640 to 680. Today when I subscribed to Score Watch it was at 694. Should I expect a continued rise in my FICO score rising over the next couple of months if I keep having no credit card debt balance and continue paying my student loans and mortgage on time? I don't want to waste money on monitoring it if that was pretty much the only jump it is going to take. Thanks in advance for any advice.
Categories: General Credit Tags: cash-out-some, continued-rise, credit-card, debt-balance, fico, Mortgage, over-the-last, score, score-rising, score-watch, student, student-loans
Libel, defamation?
I work at a school where someone distributed flyers alleging that a professor was having sex with a particular student. The school has no policy against this and the student is of age.
Categories: Mortgage Tags: accused, actually-say, flyers-alleging, having-sex, student, the-accused, the-school, the-student
Limited credit history, looking for advice
This is my first post here, and I have a few questions I hope someone can help out with. First, a little backstory. (Questions way at the bottom) Up until about a year ago, I never really paid attention to my credit, and was super lazy about keeping track of everything
Categories: General Credit Tags: average, conclusion, Credit, idiot-penalties, reports-because, student, student-loans, takes-the-time, thoughts, TIME
Young Man Needs Credit Card Advice After Car, Mortgage, etc, Need to Keep Good Credit Good!
Hello all. I am a 25 year old male who is looking for a little credit advice. I have made a few life changes recently and I really need some help on what to do next..
Categories: General Credit Tags: Auto, cards, Credit, credit-card, credit-score, Current, engagement, house, kicker, Mortgage, network, Savings, score, student, wells
Son being charged for a crime he did not comit!
Hello, my son and I are new to the GA area. We moved here b/c he is attending his first yr of college at the Art Institute of Atlanta. On January 19th they said that a young man was robbed at gunpoint near the student housing (which is also a place where anyone can move into)..
Categories: Mortgage Tags: fulton-county, Housing, incident, Person, picture, police, school, security, student, students
Categories: General Credit Tags: student, student-loans
Getting Started
Hello all. My fiancee and I just started looking at houses, I knew my credit wasn't great, so I signed up here to have a look, and ug! 580 from TransUnion and 540 with Equifax.
Categories: General Credit Tags: bills, Credit, finished-paying, make-more, options-since, student, student-loan, two-credit
Reserve Line of Credit opened up by mistake/deceitful practice
My mom went into open a bank account and was tricked into opening up a Reserve Line of Credit (CL: $3000) for "overdraft protection." They did not mention to her that this was based on her credit and that it would show up on her credit reports. They just told her that if she ever made any transactions that they would be covered by the bank and she'd "avoid the fees." She doesn't want the reserve credit and neither do I since she'll be a cosigner on my student loans in about a year's time. This account will drop her average age of credit account, thus potentially lowering her score.
Categories: General Credit Tags: account, account-closed, avoid-the-fees, Bank, bank error, cosigner, cras, Credit, credit-account, credit-reports, from-the-cras, mistake, mom, open a bank account, overdraft protection, score, student, student-loans
Question about credit reports & duration of items
I really screwed myself over a few years ago and didn't pay my student loans. They ended up closing the accounts as a charge off and then re-doing the loans, which I have always paid on time since. I called Equifax because I was curious what dates exactly, they use to determine when an item falls off your credit.
Categories: General Credit Tags: Accounts, column-labeled, from-the-date, last-activity, loans, paid-on-time, really-screwed, remain-on-file, representative, student
Categories: General Credit Tags: student, student-loans