I'm just looking to improve my credit report before going in and applying for a mortgage but I'm wondering if I should open another cc? Reason i ask is i keep getting getting emails about increasing my score by opening up another credit card to lower credit card over-all utilization. Right now only have 3 credit cards and 2 loans. As the past few months I wasn't able to pay them off and ended up using them so now 2 are about 90% credit used and 1 is only like 30% used. Should I just work on paying those down and not worry about opening one or is it ok to open one since we want to hopefully look into apply for a mortgage in the n3xt couple months?
original posted by SaltyPickle1991 to r/personalfinance on Sat, 06 Apr 2024 15:51:57 GMT.