Question

My credit score is 571 and I need to get it up to 620 or higher.?

I only have a car loan, and two credit cards. One has a 500 credit limit and my balance is 210.00 and the other one has a 540.00 credit limit and has a 538.00 balance.What can I do to get it up. I have been paying my bills on time since 2007. I need help.

5 years ago - 7 answers

Best Answer

Chosen by Asker

The quickest way to raise your score is to pay down those credit cards quickly. You never want to use more then 30% of your credit line if possible, the lower your utilization ratio the better (under 10% is great).

So pay down the cards and your score will begin to rise. Do not use them once paid off for a few months as it takes time for the credit reporting agencies to show a $0 balance.

Go to the following to learn more:

www.myfico.com/CreditEducation/

Hope this helps answer your question

5 years ago

Other Answers

It will take about a year!

by B - 5 years ago

You need to pay off your credit cards and keep the total balance below 30% of the total limit, ie below $300.

by MadMan - 5 years ago

call and ask

by grandparay00 - 5 years ago

You should keep the utilization of credit below 30% on all cards. Let's say the total credit available to you is $1000. You should have no more than $300 in outstanding debt. You'll see the biggest jump in score if the entire balance is paid off. However, going from 571 to 620 won't make much of a difference. You'll still be looked at as sub-prime by lenders. Get your score over 650 and you'll be considered a much better credit risk.

by message_board_ceo - 5 years ago

You need to get that card that has a $538 balance waaaaay down or paid off. Utilizing close to 98% of your credit limit, even on that one card will kill your score every month.

by 1939 - 5 years ago

Hello,

I live in the US and i really have never seen goodness shown to me this
much in my life as i am a struggling mum with three kids and i have been going
through really rough times in my life and my name is Helen
Peters and in all this hard times, a worse incident occured in my life as i
lost my job which was my only means of survival and things became really bad as
i had bills to pay and my last son suffered a knee injury incurred when he fell
from a tree house and the doctors informed me that he needed a surgical
operation for his knee so he could walk again and at this point, life was
useless to me as i have no family and no one to run to and each night, i will
sit down and cry till the break of dun until one day, i read an advert on yahoo
answers of man that stated that he could help people in my shoes with loans and
in my desperate situation, i had no choice but i had to try and so shocking and
suprising, it was like an impossibility becoming a reality, i got a loan of
$75,000 USD even with my bad credit within 48 hours and my sons surgery was done
and thank GOD it was successful and now, i am okay and living in comfort with my
kids and i said to my self, i have never ever seen this kind of wonder in life
and i decided i will tell it to the whole wild world and i need every one to
thank GOD for Mr Patrick Harvey, the man GOD used to rescue me and my family
even when all hope had been lost and gone and i will say to every one, no matter
how dark and sinful the world is today, there are still GOD fearing and reliable
people on earth and if you are in my former situation or require a loan
legitimately, i will advice you contact this loan lender and you can reach him
via patrickharvey12@yahoo.com and i want you all to pray for this man for me.

by Helen Peterson - 5 years ago