FICO score increased by 80 points in 4 months

DWQA QuestionsFICO score increased by 80 points in 4 months
tranaroporor asked 5 years ago

Hey guy’s,


I’m 22 and trying to rebuild my credit that my parents **bleep**ed up in the past (no need to get into detail)


However, 4 months ago my FICO score was 506, at the time I had no credit cards because nobody would approve me. I first applied to First Premier and they approved me for $ 300, I than got a Discover IT Secured card and deposited $ 700 into it, I later got a CITI Secured card and also put in another $ 500 into there. I use the cards for most of my expenses and pay them off in full at the end of every month never carrying a balance. I also got a new car from Ford and they approved me due to my income (Steady 3-4K a month) and that is also showing on my credit reports. From August to now my FICO score has increased from 506 to 588. I would like some help as to how to raise my score to get atleast into the average pile. As an individual I am very respoinsible with money and do not spend more than I can afford. Should I be looking to apply for more secured cards? Or should I just keep doing what I am currently doing with the 3 cards I have, 


Thank you!

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