Credit Repair Questions & Answers

Kathy N asked:


My company is closing here in California next May and I will be relocating to Austin in either mid-Aprl or May 1st of next year. I have been with my company for 23 years and am looking for a 4-6 month rental until I purchase a home. My current credit score is fair-good due in part to a divorce a couple of years back. As I have never rented an apartment before, always a home, I am not familiar with the credit requirements, I have heard they are very stringent. If I would not qualify, any advice you might have to offer would be greatly appreciated.

Kaytee asked:


My current credit score is 745 and I’ve built it solely by using credit cards and paying on time (but never had any loans). Somebody told me that the abscence of installement-paid loan will prevent my score from climbing much higher. Is it true? Should I take some consumer loan to boost my credit score since I am planning to apply for a mortgage in the near future?

kalamNJ asked:


1. If I apply for a new credit card (visa signature) but cancel my old visa card? If my current credit score is 750, what will be my score after doing so?

redhairedmama75 asked:


I noticed that all 3 of my credit reports list different current employers. Now these are employers I have actually worked for but quite some time ago (in one case 7 years ago)

I make ALOT more money now with my current employer (who I’ve been with for 3 years now) that I ever did with any of the ones listed.

Would getting this information updated affect my score at all?
How would I go about getting it updated?