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8 Responses to “My Credit Score Is At 680, But I Need It At 700 To Get A Mortgage Loan. Any Way To Raise My Fico Score Fast?”

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1. 8
   MrBret Says:
   November 4th, 2009 at 9:05 pm

   One thing to remember if/when you pay stuff off (mainly credit cards) is even if you pay a card of so you have $0.00 outstanding that cad will still be looked at as potential debt, so say you have a $5000 limit & you pay off the $1400 you still have the ability to get $5000 more in debt after the home stuff goes through.
   If you have more than 2 or 3 credit cards consider closing them so it will not be seen as potential debt, if not then pay them off & lower the credit limits to say $1000, Even at 680 it’s a pretty good score so even a few months after the home stuff happens yopu can have the limit raised back up again.
   That may help a bit. Also remember the places that report your credit only do so about once a month so even if anything does change you may not see any change for 30-60 days.
   Oh and dont pay anything late, miss payments etc
   In addition:
   Due to the two silly fools below me I guess I should mention I work for the 2nd largest bank in the world.
   Keeping multiple empty card open is of no help in any way at all. It just show you can get in more debt as soon as you like & that does not look good for credit. As for raising the credit limit well thats just stupid for this persons situation. Not only will you then get more enquiries on you credit report (another bad thing) but it then shows you can get into even more debt.

2. 7
   MrBret Says:
   November 4th, 2009 at 9:05 pm

   that is a good question…..maybe you should talk to your bank they can help you with that!

3. 6
   Dallasgu… Says:
   November 4th, 2009 at 9:05 pm

   you need to close all your revolving accounts. they are accounts that may be a zero balance, but you can use at anytime, such as credit cards, sears, jc penny ect. go on line and pull up your credit, and see how many you have. there may be some you didnt even realize you still had. call the company of the credit card and close it. it will automatically show on your credit score. revolving credit is the worse thing on your credit score.

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