- Centurion Member
- Posts: 630
- Joined: Thu May 10, 2012 10:10 pm
- Location: North Los Angeles County
Honestly, EX does not give out scores anymore, only if the lender or bank pulls them, you can ask them what the score was when they pulled EX. When I applied for my citi card, they told me it was 738 (EX, don't know what it is now.) (they might also tell you what bureau they pulled and what the score was at the time). Some lenders use different variants of the scores (I believe TU04 and TU08, etc). To get your EQ and TU scores, it's the myfico version and that truly what your score is right now. Typically you can see your score after having 6 months of history.
From what I have read, this is what I advise of you to do.
1.) Make all of your payments on time, all the time, and never ever be late.
2.) keep your utilization low. Low meaning under 10 is ideal but always keep under 30%.
3.) Don't apply for cards you really do not need or want, because every inquiry stays for 2 years.
4.) If you can, PIF before the statement date cuts, it will help your score.
5.) try to apply for credit 3-4 times a year, but do it all at once, because whatever score is there right now and Info is the one creditors are going to use when they look at your app. You want to make sure it can be as clean as possible.Wait 6 months if you really need the credit, and a year to help increase your chances and make sure everything looks good before applying.
6.) Don't take out more credit then you need. Some don't like the fact that you have so much available credit.
7.) Adding an installment loan and or mortgage can help your score as long as you make payments on time, and they look at the mix of credit that you have.
Bank Of America: BankAmeriCard Cash Rewards-4.2k
Citi: Forward-4.5k American Airlines Advantage Platinum Select World Elite MasterCard 9/6/15-4K
Amex BCE.2k- Amex SPG-5k
Chase: Freedom-5kSouthwest Rapid Rewards Plus- 3.6k
Capital one: Venture one-10,000, Visa Signature.