Credit Score-Free Credit Score

coffee poop asked:


What is the difference between FICO score and a Credit score? Is there any?
Also, is there a score that measures your history of transactions on credit?

Beata Griepentrog

xcr0vvx asked:


I have 2 credit cards that are both past due pretty bad. Im in the process of selling my car and i plan on putting the money from the car into the credit card debt. My goal is to get a loan for a motorcycle.

After paying down my credit cards, how quickly will my credit score be affected? Should i wait a few months?

Geraldo Sonnabend

honeybear asked:


If you had bad credit..example if you had a credit score number in the high 500′s. If you paid off all your old debt at once and continued to pay your bills on time every month. About how long would it take for your credit score to go up to a good number? After paying off all your debt is there anything you can do to fix your credit faster?

Marisa

2nd Commander asked:


I never checked my credit score before, or have I had a credit report done. I think i’m doing pretty good. I am financing a car on my own, and i got two credit cards. anyways. what’s the best way to check your credit score, and get a report. who are some trusted sources to go to. and how? what is required that i provide? my ss number? do i need to provide how much i earn? stuff like that. i’m clueless.

Sebastian Skarzynski

Lil Ole Me asked:


My hubby had a $557.00 judgement on his reports from an old credit card. We managed to make a deal with the judgement creditor to have it vacated, due to improper service. We paid them in full via cashier’s check and received the paperwork today, signed by the judge, that the judgement is vacated. I’m going to be faxing it in tomorrow to the bureaus, but I’m just wondering how much this will raise his score.

Pamela

sometimes asked:


I am thinking about filing chapter 7, and I was wondering how long – ish it takes before I start over again reestablishing credit and therefore raising my score. I guess I don’t even really know what the score will be after filing. Any insight?

Wendy

CoCo asked:


Do they usually charge a fee for closing cards? Does it lower your credit score? How many are you allowed to have? Why won’t some companies let you have their credit card if you have too many already?

Freda Jongeling

jconole asked:


I have a high credit score (over 700) & several credit cards I am not using & would like to cancel so that I carry just two. I know that canceling these cards would lower my available credit & thus my credit score. In about a year I plan to buy a new car. Would my score recover by then? I am current in all my bills & pay off my monthly balances on time.

Zack Koves

Helena G asked:


We are looking to buy a home. I do not have a credit history (0) and my significant others credit score is 525. Who would a bank preferably loan to, me or him? Maybe both of us with the whole cosigning thing? Also would it be best to ask a credit union or a regular bank? Thanks for any help.

Oscar Macks

Thereseanna asked:


My husband lost his job last year, and because of it we had 6 consecutive late car payments. Our credit score is 580. We want to get it to at least a 620. How do we do that as quickly as possible and how long will it generally take to raise it up 40 points?

P.S. We just paid down the credit card balance below 50%, and have been making car and credit card payments on time now for the last three months.

Carol