Hey Everyone, i got a 501 score and have had a secured wells fargo card for two years(300). But the whole time I had it, it has been over its 200 dollar range. once over a year ago it was late by 30days. but been on time ever since. Recently i want to buy a house so i need to start getting on this. i paid it off the other day down to 10bucks and have just a few old medical bills on CR. less that 2K. and they are old.
So My question is, How do I run this wells card for maximum credit score efficiency? no balance? half way (150 and pay on time) or what? I see conflicting info on this subject.
Also, how many other secured cards should I get to get my score up the fastest. i am not in financial hardship right now so i could drop up to 2K on some good secured cards I just need to get some guidance on the fastest way to a 640 and up.
thanks again, any advice is appreciated.