How does one get credit?

[Ming the Merciless]

Originally Posted by Spott

I couldn't get mine above 720 until I decided to run a balance on my credit cards for a few months and then pay the balance off. I've done that a couple of times and my score is 805 now.

i could be wrong but i dont believe you need to run a balance, you just need to pay the bill AFTER the report date so your balance gets reported......so pay it online like the last day you can, and it SHOULD have the same affect...

from what i understand.....and i guess it could depend on the card....

as long as the debt is reported you should not need to keep the balance.....thats the idea anyway...(if you charge something, and pay it off before it is reported to the big 3, they may never know you HAD the debt...)