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Credit Bureau Info:

Experian: 800-493-1058 With A Report Number

Experian: 714-830-7000 (Without A Report Number) Call and Press 0. You will get connected to the switchboard operator. Tell them you just called in and entered your report number and the automated system disconnected you. Ask them if they can get a human on the line for disputes. That's the only way you'll be able to get through to a live person at Experian without a Report Number.

Equifax: 800-846-5279

TransUnion: 800-916-8800


Comparison between FAKO from Credit karma and FICO from Barclays and Citi.


Cards that give you free monthly FICO's


AMEX personal cards = EX 08
Chase Slate = EX (either 08 or Bankcard enhanced)
PSECU = EX 04

Citi AA = EQ bankcard enhanced
DCU= EQ 04
PenFed = EQ NextGen

Barclays = TU 08
Discover it = TU 08
Walmart (store or MC) = TU 08

Author Topic: credit score  (Read 267684 times)

Offline Pad18

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Re: credit score
« Reply #3765 on: November 26, 2017, 03:37:22 PM »
When you opt for a 0%APR credit card and you are paying only the minimum for a given period, you are carrying a balance to the next month, with no interest, but you are carrying a balance. Does this situation affect my credit score?
of course, i plan and will pay the balance before the 0%apr will end.

Offline ChaimMoskowitz

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Re: credit score
« Reply #3766 on: November 27, 2017, 08:52:29 AM »
Yes
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Offline Pad18

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Re: credit score
« Reply #3767 on: November 27, 2017, 09:43:04 AM »
Yes

Could you explain please, if I caring the balance that is less than 30% of the total credit line (yes i always try to keep under 10% but you understand that if I need to use the 0%apr is that I have to) so what could affect my score besides ratio of the 30% ?
Thanks

Offline as2

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Re: credit score
« Reply #3768 on: November 27, 2017, 09:44:07 AM »
Could you explain please, if I caring the balance that is less than 30% of the total credit line (yes i always try to keep under 10% but you understand that if I need to use the 0%apr is that I have to) so what could affect my score besides ratio of the 30% ?
Thanks
30% is 30 points for every 100...

Offline mmgfarb

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Re: credit score
« Reply #3769 on: November 27, 2017, 09:44:57 AM »
Could you explain please, if I caring the balance that is less than 30% of the total credit line (yes i always try to keep under 10% but you understand that if I need to use the 0%apr is that I have to) so what could affect my score besides ratio of the 30% ?
Thanks
That's exactly what would affect your score. The ratio between available credit and the credit you're using is responsible for 30% of your score so if that goes up to 30%, your score will drop.
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Offline ChaimMoskowitz

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Re: credit score
« Reply #3770 on: November 27, 2017, 09:46:11 AM »
Could you explain please, if I caring the balance that is less than 30% of the total credit line (yes i always try to keep under 10% but you understand that if I need to use the 0%apr is that I have to) so what could affect my score besides ratio of the 30% ?
Thanks
Carrying the balance will lower your score temporally but not a big deal.
I just found a new supply of forks!

Offline as2

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Re: credit score
« Reply #3771 on: November 27, 2017, 09:46:35 AM »
That's exactly what would affect your score. The ratio between available credit and the credit you're using is responsible for 30% of your score so if that goes up to 30%, your score will drop.
Additionally, I think he's confusing utilization, with carrying a balance.

Offline mmgfarb

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Re: credit score
« Reply #3772 on: November 27, 2017, 09:47:54 AM »
Additionally, I think he's confusing utilization, with carrying a balance.
If you carry a balance, you're automatically going to have higher utilization.
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Offline as2

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Re: credit score
« Reply #3773 on: November 27, 2017, 09:59:17 AM »
If you carry a balance, you're automatically going to have higher utilization.
True, but if you have high utilization, you're not always carrying a balance, and IINM carrying a balance is more effective to your score than just utilizing a higher percentage.

Offline Pad18

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Re: credit score
« Reply #3774 on: November 27, 2017, 11:27:53 AM »
True, but if you have high utilization, you're not always carrying a balance, and IINM carrying a balance is more effective to your score than just utilizing a higher percentage.

yes, i understand that. ok, my score will go down temporarily, till I paid off the "carrying balance" of course before the 0%apr offer end (if not I will be a fool) but it will not hurt my HISTORY of my credit with the banks and etc... right?

Offline ChaimMoskowitz

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Re: credit score
« Reply #3775 on: November 27, 2017, 11:42:54 AM »
Correct
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Offline Pad18

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Re: credit score
« Reply #3776 on: November 27, 2017, 11:45:55 AM »
Thanks !

Offline MasterAmex

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Re: credit score
« Reply #3777 on: November 27, 2017, 01:16:48 PM »
Have a dispute with ADT security services.

they claim they will put my account up for collections, do they have the ability to damage my credit?

also, any data points how to get rid of their services without paying hefty cancellation fees?

TIA

Offline ChaimMoskowitz

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Re: credit score
« Reply #3778 on: November 27, 2017, 01:43:29 PM »
Head over to creditboards.com for expert advice.
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Offline rapsjr

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Re: credit score
« Reply #3779 on: December 03, 2017, 09:31:30 AM »
A collection just showed up on my report... apparently I owe National Grid $155 from 2 years ago. If I pay the collection company will it automatically fall off my report? Is  there something else I need to do? It took my score down from 800 to 700 :(
TIA