Throwaway account.
TL;DR Have 30%-35% credit usage rate and no derog marks on my credit. Score is 604. What advice to raise my score?
I have a good income ~$180k/year and have lived outside my means. I've always kept an eye on my credit score and it's always been low. Amazingly, I've been approved with a sub 700 score for an Amex Platinum, CSR and several other cards in the past 2 years. I went to check my credit today and it's 604Exp 614 TU. I have ZERO negative marks, ZERO late payments on file.. nothing negative at all on any of the three bureaus.
Credit Karma says I have too high of a balance on my cards - approximately $18k on $55k revolving. I will work on paying this completely off over the next 4 months as I work to get my *$$# together financially. I was given a used car loan rate of ~12% for an $18k Toyota (no way I'm paying 12%.. on that). So it made me want to fix my credit score.
My question is this.. even with 30%-35% usage.. why is my score so incredibly low? I've read through tons of suggestions on here ranging from get a secured card to dispute items on credit reports. However, I don't need secured cards and I have nothing to dispute.
Submitted August 06, 2017 at 01:31AM by badcreditgoodcredit http://ift.tt/2vtwZo2
