When, What and Why: The torture that is my credit.

QuestionsWhen, What and Why: The torture that is my credit.
asked 3 years ago

So here’s the Skinny my current scores are as follows via MyFico

EQ:609

TU:593

Ex: 585

 

The BAD:

3 CO CC (currently ruining my UTL with a 98%

1 In active collections reporting to TU & Ex

I was so stupid and this is the longest 7 years of my life!!

 

The Good:

Student loan with only one missed payment started in 2007

9 Year credit History

CO to be removed in 05/2017 (not really a good thing but you know)

1 inquiry

Capital One QS $ 300->$ 800 (hasn’t reported CLI yet) opened in Aug 2015 (no late payments 5% utl)

Capital One Secured CC AU –>$ 200 oppened in Aug 2015 (no late payments 2% utl)

 

So the million dollar question is Should I apply for another Credit Card to help lower my overall UTL?  If so which one?

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