I've had 2 credit cards for going on 8 months now, never missed a payment and often made 2 payments a month on each of them as I maxed them out and wanted to charge more. Generally at the end of the month I have the entire card paid off but occassionally I'll leave about $200 on there and pay it off as the new paycheck comes in.
I got my credit report today and it still says I'm unrated. Originally I was maxed out with 300 on one card and 500 on the other. The one was raised to 500$ at about 3 months, and the 500$ one was just raised to $800 a few weeks ago.
How can I still not be getting credit? I use my CC for EVERYTHING and always pay it.
2007-11-27 10:08:19 · 3 answers · asked by biggestperlnerd 3 in Business & Finance ➔ Credit
You have a credit score, you just haven't paid to see what it is.
2007-11-27 10:15:25 · answer #1 · answered by Steveo 5 · 1⤊ 0⤋
Credit scores are weird the way they work. You basically have to have them paid off either all of the time or only use like fifteen to twenty percent of the limit at all times to get any type of increase in your score. If you keep maxing them out even if you pay the bill nothing happens or your score drops.
2007-11-27 18:15:02 · answer #2 · answered by Larry M 2 · 0⤊ 0⤋
If the credit limits on both cards were raised, you ARE getting credit. Don't worry about the score, just keep doing what you're doing, paying on time, and you'll have nothing to worry about.
2007-11-27 18:12:59 · answer #3 · answered by curtisports2 7 · 0⤊ 0⤋