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  • Number of accounts opened: 7
  • Inquiries: 3
  • Total revolving balances: $11,000
  • Total available credit: $50,000

Nothing new really. Scores are staying consistent, as I steadily pay off my 0% balance transfer loans. I have only about $11,000 in the loan left, sitting in my ING Direct account earning 4.75% (till April 17). The 0% rate will end around July.

Quick explanation if you don’t want to track back (because it’s a mess to read). The score started to slide around June of 2005 as I started to take on more 0% credit card loans. The all-time low could be seen during November, when I maxed out about three of my credit cards for these loans. The sharp increase during December and January is because I paid off one of them, a $7,800 balance transfer loan.

In about 4-5 months, you will see another sharp increase, bringing my FICO score back to around the 750 ranges as all my 0% balance transfer loans are paid off. When that happens, it’ll be time for more 0% balance transfers!

FICO Score Tracking Series:

  1. More Debt = Lower Score
  2. Who Cares About Credit Score?
  3. Lowest Score Ever
  4. Little Changes
  5. Nothing New, Yet
  6. Back Above 700!
  7. Breaking the 800 Mark
  8. What the Deuce?