- Serious past delinquencies
- Bad payment history
- Accounts with balances.
What's helping my scores are:
- Bills paid on time recently (for the past 4 years, 11 months)
- Long account history
- Low credit usage (Considering I owe $12,743 on one credit card, this doesn't sound right. But who am I to complain?)
I checked my FICO score back in December '07, so none of this is news to me. My score at the time was 699.
I admit I was a wee bit disappointed that my score didn't improve to 720 by now. But perhaps this goal was a bit too ambitious.
Regardless, this confirms that I'm doing things right. My continued efforts plus the passage of time will improve my score more.
My new goal is to improve my FICO score to 725+, which will bump me up to the "Very Good" credit risk category. Happy Friday, y'all!