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Increase points

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Dude Guest	Posted: Mon Nov 07, 2011 12:31 am    Post subject: Increase points Like 0 Dislike 0 I am taking steps to improve my credit. I have one secured card. This month I want to pay it down to zero balance. Will I see my points increase next month if I do that? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
sara Moderator Joined: 05 Jul 2006 Posts: 2694 Location: New Brunswick, New Jersey 496.42 Dollars($)	Posted: Mon Nov 07, 2011 1:07 am    Post subject: Like 0 Dislike 0 Hi Dude, It is good to note that you're taking steps to improve your credit. However, your credit scores may not improve so soon. It will take some time to see an increase in your credit scores. So, you need to be patient enough and wait till you find an improvement in your credit scores. Take care. _________________ Find me at FB: http://www.facebook.com/people/Sara-Jones/100002976822020
chrisgummerson Community Expert Joined: 29 Apr 2010 Posts: 704 Location: La Palma, CA 9.98 Dollars($)	Posted: Mon Nov 07, 2011 12:32 pm    Post subject: Like 0 Dislike 0 When the bureaus see that there is no balance, its like you never used the card. Credit is based on many factors, but keeping your balance under 40% of the limit is best. This way you are showing that you can use and manage your credit wisely. Having accounts open, but not in use is not improving scores. _________________ Chris Gummerson Bay Valley Mortgage Group bayvalleymortgage.com 714-367-5125

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