Why has my credit score dropped 42 points? There is a late payment on one of my cards which has since been brought current, and four of my accounts have been paid off and have a “0” balance. Why doesn’t my score increase as quickly when I pay off accounts as it does when I miss a payment?
Why is my credit bad? I paid every thing on time.
I have a credit report and a score of 785. So what? I haven’t been able to ascertain what the “grading scale” is. Any help?
My credit score came back with a statement saying, “too few accounts paid as agreed.” I was wondering what that means since I have never paid an account or bill late.
Why does closing a credit card you are no longer using negatively affect your credit?
I was looking at my credit report and it stated, “You do not have a mortgage account in good standing.” What does this mean? I do not own a house.
I would like to clean up my credit, but want to know if it is beneficial to close revolving credit accounts that I am not using or will never use again or if I should leave them open. I have never missed a payment on multiple accounts and usually pay more than the minimum payment due. However, I was recently denied increases in limits as well as declined for new accounts. The reason given was “the amount of revolving balances on credit report is too high.”
Categories: Report Advice
What does “too few accounts rated current” mean?
How can I find out what accounts are hurting my credit?
I just paid the last bill off my credit in May of this year. If there is nothing else for me to pay how does my credit score increase?