Credit Score-Free Credit Score

La Sona J asked:


I have alot of derogatory items on my credit that I actually need to take care of. I have opened some new credit card accounts since I have never had credit cards before. What is the best way to improve my score so that I am not such a high risk?

Jonas Yard

spedtrap asked:


I closed on my first home on 03/04/009. Now I am in the habit of regularly checking my credit score. But I can’t help but wonder what the mortgage will do to my score. I think it will take a couple of months to see the change in score but in the mean time, I want to know what I can look forward to!

Erwin Soldow

MM asked:


I just cleaned my credit report up. I tried to get a vehicle with a 527 score and got turned down, they told me to wait till my score went up. Any ideas on how long this takes, or how long I should wait?

Art

CCC asked:


I have several negative items on my credit report that will expire after the 7-year limit next year (2002 was a wild one!). I have paid some and others are still on there as collection or charge-off. I have nothing negative since 2002 but I have a lot of student loans in repayment and no active credit cards. How many points can I expect my credit score to rise once the last negative items expire?
Okay, now can someone actually answer my question?

Stephen

simmer down asked:


I just received a notice from my bank that the amount of credit in my HELOC has been reduced. This is because home values in our area have gone down–we have never been late on a payment. Does this affect my credit score in any way?

Fatimah Palisano

cornerblitz13 asked:


Sorry, multiple part question: What is the highest credit score possible and what is the lowest possible? What can you do to improve it? And the myth that using your ATM Debit card as credit can actually improve your credit score, is it true?

Jerald Pembrook