Why is my credit score so low?

For just about anything you want to get off your chest about credit cards.
12 posts
Platinum Member
Platinum Member
Posts: 62
Joined: Tue Nov 27, 2012 8:43 am
Website: http://irvinfitness.com
Location: Lafayette/IN

Postby irvinfitness » Thu Dec 20, 2012 12:49 pm

nishant wrote:1) File income tax returns on time and quickly. The tax refund credit to your bank account appears to have some influence on improving credit score.

I don't think this is true. I've never heard of your income taxes/return having any impact on your credit. Your credit score/report has nothing to do with the government (except for filing bankruptcy). Also, your personal checking account has nothing to do with your score, so when your refund is depostited, will have no impact.

The other points are valid. Keeping your credit utlization below 30% will definitely help.
[size=60]Chase Freedom Signature - 10k (rotating 5%)
Citi Platinum Select - 8.1k (rotating 5%)
Discover It - 12k (rotating 5%)
AMEX BCE - 20k (Groceries 3% / Gas 2% )
Regions Signature Visa - 5k
US Bank Cash+ - 5.5k (Restaurants/Fast Food 5% / Drug Stores 2%)
Navy Federal cashRewards Visa Signature - 20k (Business Purchases)
Care Credit - 6k (Vet Bills/Dentist - 0% APR)
Chase IHG Rewards (Priority Club) - 18k (Annual Night Certificate, Platinum Elite Status)

Not used except for occasional purchase with promo:
Jared - 7.5k [/size]

Centurion Member
Centurion Member
Posts: 331
Joined: Tue Sep 11, 2012 12:21 am
Location: chicago

Postby paparoach429 » Fri Dec 21, 2012 12:32 am

At "Jdauria", no I meant it towerds Daniels post. Also I have been doing all of the right things as far as I know other than pif, which I will after income tax. My overall uti has been really low and my uti for my Citi card has been under 20% for the last 4 months. I guess il just have to wait some more time for that to take over as well as my hard pulls to fall off.

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