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Averett · 01-13-2005, 06:40 AM

Hey again NoSoup!

I've asked questions before and you've been very hepful, thanks for that.

As you might remember, I've got credit card debt up to my ears. I've committed myself to pay them off as quickly as I can. I set up a budget for myself and it looks like i'll be debt free (under my current budget) by 2008. That's about $19,000 paid off.

So, my question is about my credit score. Last April I purchased my credit score online and found it to be about 650. I just checked it again last week and it was 680. I'm curious to see if it's a good idea to check my rating once a year. Or if that even is worth it. I was actually surprised to see that the rating went up. I've aquired quite a bit of credit card debt since last April, so I was sure the rating would go down. But I didn't account for the fact that I paid off a lot of my car loan in that time as well.

Anyway, to recap, is it worth it to check my credit score yearly? And how quickly will it take to make my credit score go up? The negitives I have on my report are that I have high balances based on the credit available, that I've applied for quite a few cards, and that I had one credit card that was over 60 days past due. And that was a whole big crappy situation with Best Buy back in 2000. May Best Buy rot in hell.

01-13-2005, 06:40 AM	#250 (permalink)
Averett Is In Love Location: I'm workin' on it	Hey again NoSoup! I've asked questions before and you've been very hepful, thanks for that. As you might remember, I've got credit card debt up to my ears. I've committed myself to pay them off as quickly as I can. I set up a budget for myself and it looks like i'll be debt free (under my current budget) by 2008. That's about $19,000 paid off. So, my question is about my credit score. Last April I purchased my credit score online and found it to be about 650. I just checked it again last week and it was 680. I'm curious to see if it's a good idea to check my rating once a year. Or if that even is worth it. I was actually surprised to see that the rating went up. I've aquired quite a bit of credit card debt since last April, so I was sure the rating would go down. But I didn't account for the fact that I paid off a lot of my car loan in that time as well. Anyway, to recap, is it worth it to check my credit score yearly? And how quickly will it take to make my credit score go up? The negitives I have on my report are that I have high balances based on the credit available, that I've applied for quite a few cards, and that I had one credit card that was over 60 days past due. And that was a whole big crappy situation with Best Buy back in 2000. May Best Buy rot in hell. __________________ Absence is to love what wind is to fire. It extinguishes the small, it enkindles the great.