$2 trick to increase FICO score.

[benjie1305]

How does that help with pending purchases?

Didnt read that last part carefully. I guess the only way for that would be to make sure to make certain purchases only at a certain time (if u know pending is t+2 for example).

Prob easiest to get all cards onto the same statement close date as u then know by when u need to make ur purchases to have that not occur.

[etech0]

Didnt read that last part carefully. I guess the only way for that would be to make sure to make certain purchases only at a certain time (if u know pending is t+2 for example).

Prob easiest to get all cards onto the same statement close date as u then know by when u need to make ur purchases to have that not occur.

Do all pending purchases take the same amount of time to post?

[avromie7]

Didnt read that last part carefully. I guess the only way for that would be to make sure to make certain purchases only at a certain time (if u know pending is t+2 for example).

Prob easiest to get all cards onto the same statement close date as u then know by when u need to make ur purchases to have that not occur.

Way too much of a PITA

[etech0]

Way too much of a PITA

I've been thinking the same

[benjie1305]

Way too much of a PITA

I've been thinking the same

Not disagreeing.

[Josef.koney]

Im not fully understanding... What's the diff btwn 1$ or 2$ also I'm suppose to have 0 balance b4 my statement closes on all cards bsides for one?! Thought on all cards. And is there any reason to have the 2$ on the first card u have ever opened?

[noturbizniss]

Prob easiest to get all cards onto the same statement close date as u then know by when u need to make ur purchases to have that not occur.

That means you are eliminating all CC spending within 2-3 days of the end of the month. If anything, have one with statement close in middle of month so you don't lose those points.

[etech0]

That means you are eliminating all CC spending within 2-3 days of the end of the month. If anything, have one with statement close in middle of month so you don't lose those points.

Or do half and half.
You then have to keep track of what's what, and you might lose out on category bonuses if you can't use the card you otherwise would have.

[Boruch999]

EX FICO and report for $1. This is a 7 day trial so remember to cancel.
http://www.experian.com/

Important information:
When you order your $1 Credit Report & FICO® Score, you will begin your 7‑day trial membership in Experian Credit TrackerSM. If you don't cancel your membership within the 7‑day trial period*, you will be billed $21.95 for each month that you continue your membership. You may cancel your trial membership anytime within the trial period without charge.

On the newly designed site,  I don't see any way to get a full printable version of the report, nor a report #.

[Freddie]

Clark Howard used to say, "Go to McDonald's and buy a milkshake every month!" (to build credit rating.)

[yz b]

Do all pending purchases take the same amount of time to post?

No. Depends on the merchant. Can be btwn 1-7 days.

[yz b]

That means you are eliminating all CC spending within 2-3 days of the end of the month. If anything, have one with statement close in middle of month so you don't lose those points.

http://www.dansdeals.com/archives/41582

Q: Are there any tricks to raise your credit score quickly?

3. Use business cards. Amounts owed on business cards from banks like AMEX and Chase aren’t reported on your personal credit report. So even if the statement closes with a large amount owed it won’t hurt your score like that would on a personal account.
 If you even just have a hobby or want to start a business you can open up a card as a Sole Proprietor and just use your social security number instead of the Tax-ID number.

[@Yehuda]

I just paid all my bills off besides for $1 on a bill that's set to close tomorrow. I will try to continue that for another month and see what happens. I also just got word that a delinquency from a student loan will be removed from my CR this month (b"h!) so I'm hoping that I will see a nice jump in my score. Will do my best to report back.

[Freddie]

I just paid all my bills off besides for $1 on a bill that's set to close tomorrow. I will try to continue that for another month and see what happens. I also just got word that a delinquency from a student loan will be removed from my CR this month (b"h!) so I'm hoping that I will see a nice jump in my score. Will do my best to report back.

I am happy for you that you got that delinquency removed! However...  that's precisely why your reporting back no longer has value!

We need somebody who has done nothing to change their credit portfolio other than implementing the $2 trick.

It's called "isolate the variables," man.

[@Yehuda]

I am happy for you that you got that delinquency removed! However...  that's precisely why your reporting back no longer has value!

We need somebody who has done nothing to change their credit portfolio other than implementing the $2 trick.

It's called "isolate the variables," man.

I know lol. I figure I'll report back after 2 months?

[lunatic]

I know lol. I figure I'll report back after 2 months?

Then you need to leave more than $2 this month to make next month a good test

[Freddie]

Then you need to leave more than $2 this month to make next month a good test

And you need to not open any new CCs for two months.

[lunatic]

And you need to not open any new CCs for two months.

😲

[TimT]

And you need to not open any new CCs for two months.

That's a tough one.

[Freddie]

Doesn't anybody here space out their AORs?