I just read an article that has a good suggestion on how to improve your FICO score if you use your credit cards as a convenience only and pay off your balances each month. If you make your payment just before the cutoff date for the preparation of your monthly statemnet, then the outstanding balance shown by lenders to the credit agencies will be very low. This helps in two wasy, not only showing low balances, but the ratio of your outstanding balances to your total lines of credit will also be improved.
It is important that you also make a payment fully paying off your reduced statement balance by the due date so that you are not charged late fees or interest.
For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.