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RE: Hi Steemit, I’m Rico - more about me and hacking credit scores

in #life8 years ago (edited)

Following - good work on an upvote from Ned! My utilization is way hi - 88% I think. I've no bad remarks or late payments, so based on your list above the only thing I need to do is keep paying that down I guess?

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Yea, keep paying it down. I would also contact the credit cards and ask for a credit increase. Tell them you've had a change in your financial situation and plan on doing some traveling soon. Then leverage your cards against each other by saying credit card 1 gave me a 5k increase, and I would rather use your card (credit card 2) as my primary card, but I need you to exceed or at least match it.

With a credit increase, your utilization will drop.

Well thanks for the free advice! Closest thing I had to a plan was to wait until i could maybe get approved for something new and start transferring to 0% interest cards again, but that would be awhile. If what you say works then with lower utilization, I might get the new 0% card(s) sooner then?
It's hard to figure it all out - other than just pay, pay, pay - but it's also good to have someone real to maybe refer others to who need the help even more than I do. I won't forget you man!

Credit is def kept a mystery. You should be able to get a new 0% card soon if you up your credit limit.

Glad I can help, send anyone my way.

Great, thank you again