Credit report check Indiana

Because thats when we stopped playing the credit report check Indiana credit game. In early November 2008, Courtney and I not only canceled our credit cards, but also paid off our only non-student installment loan. The following month, we decided to take it a step further and close our final remaining credit card. For the last 15 months, weve lived free of credit cards, other revolving credit, and traditional installment loans.

While this has had an overwhelming credit report check Indiana positive affect on our financial life, it was supposed to have a dramatically negative affect on our credit scores. get a free credit report online After all, the following graphic is from myFICOs Whats in your FICO Score?: According to the graph and the information on the site, we have several strikes against us: To be fair, we did have several factors working for us: Could my credit score be even higher? credit report check Indiana Its very possible credit report check Indiana that even though my credit score hasnt tanked, it could be much higher. view free credit report Had I not canceled my credit cards, maybe my score would be 750+ or 760+! Theres no way to know for sure, but canceling my credit cards may have caused my score to stagnate.

Another possibility is that FICOs algorithm may still need more time before it begins to punish my negative behavior. I find this credit report check Indiana theory less likely, as its been well over a year. Over time, maybe the score will slip more dramatically. On that note, if we keep up credit report check Indiana our current pace, well eventually cease to have a credit score at all! It can be argued whether this is good or bad, however youll be hard pressed to convince me that executing our current plan for another 5 years will put credit report check Indiana us in a bad position financially. triple credit report free