topic Re: 40 point jump! in Rebuilding Your Credit

40 point jump!

patternofstars7 — Mon, 10 Sep 2012 01:42:39 GMT

Thanks to everyone on this forum you guys have saved me from my irresponsible ways with credit and helped me jump 40 points today! Two collections just fell off this month and I've seen major jumps from EQ and TU. In another month my last collection should fall off and the only negative item on my report will be a few lates on my car note but have been on time with that for the past 3 years. Now I have some Prime cards in my wallet and in good shape to buy my first house in a couple of years. Just wanted to say this place rocks and could never have done it without your help!

Re: 40 point jump!

Shogun — Mon, 10 Sep 2012 01:44:18 GMT

Congrats. Love hearing success stories!!!

Re: 40 point jump!

K_J — Mon, 10 Sep 2012 01:53:29 GMT

Way to go, congrats

Re: 40 point jump!

S7 — Mon, 10 Sep 2012 02:02:14 GMT

Awesome!!

Re: 40 point jump!

Cadillac-XTS — Mon, 10 Sep 2012 02:09:10 GMT

Congrats

Re: 40 point jump!

patternofstars7 — Mon, 10 Sep 2012 02:17:28 GMT

Thanks everyone :)

Re: 40 point jump!

nicholasyud — Mon, 10 Sep 2012 05:02:45 GMT

Good job

Re: 40 point jump!

madcitymomm — Mon, 10 Sep 2012 15:37:07 GMT

I love hearing it.

I checked mine today and it jumped 21 points so I'm doing a happy dance too. I'm new to this, I have a chapter 13 bankruptcy (in my 9th month of the 60 month plan). I'm hoping to start writing some goodwill letters to see if I can repair the damage (I have a huge student loan balance that had defaulted and was in garnishment along with 2 other judgements, multiple other things, my credit report is scary and I avoided it too long). I'm hoping time will begin to heal. I was planning to get a secured credit card through my credit union this fall to have an open line of credit (I have none).

I'm thrilled that I have been sticking to a budget, paying everything on time and now have a small rainy day savings. I'm plugging money away for a downpayment on a house at some point. I spent way to long swirling around in a world of "unawareness"-not opening mail, leaving everything go, not balancing my checking account to the point of losing it and going bankless for about a year (living on check cashing places and money orders was not fun).

Re: 40 point jump!

Tempted2Pull — Mon, 10 Sep 2012 17:19:14 GMT

Congrats! :smileyhappy:

Re: 40 point jump!

patternofstars7 — Mon, 10 Sep 2012 22:57:26 GMT

madcitymomm wrote:
I love hearing it.

I checked mine today and it jumped 21 points so I'm doing a happy dance too. I'm new to this, I have a chapter 13 bankruptcy (in my 9th month of the 60 month plan). I'm hoping to start writing some goodwill letters to see if I can repair the damage (I have a huge student loan balance that had defaulted and was in garnishment along with 2 other judgements, multiple other things, my credit report is scary and I avoided it too long). I'm hoping time will begin to heal. I was planning to get a secured credit card through my credit union this fall to have an open line of credit (I have none).

I'm thrilled that I have been sticking to a budget, paying everything on time and now have a small rainy day savings. I'm plugging money away for a downpayment on a house at some point. I spent way to long swirling around in a world of "unawareness"-not opening mail, leaving everything go, not balancing my checking account to the point of losing it and going bankless for about a year (living on check cashing places and money orders was not fun).

Thanks! I was totally in the same spot you were about a year ago with scores in the 500's and now I'm hitting scores around 700. Biggest thing is time heals all wounds and best way to tackle the issues head on and I'm sure you'll be where I'm At in no time.

Re: 40 point jump!

Shogun — Mon, 10 Sep 2012 23:01:32 GMT

Well congrats to you too!

Re: 40 point jump!

madcitymomm — Mon, 10 Sep 2012 23:22:50 GMT

This is good to hear that it is possible. I keep thinking I can't really just magically fix most of the damage. I just need to keep paying my stuff on time and be financially responsible moving forward. I'm hoping to get to 640 sometime next year or two to start thinking about an fha loan.