topic Re: 2012 Results and 2013 Goals in Rebuilding Your Credit

2012 Results and 2013 Goals

Jutz — Mon, 17 Dec 2012 03:52:24 GMT

Hey all, I don't have a journal like some, so posting my results and intentions for next year. Suggestions welcome and encouraged.

2012 Results

Score to start: EQ 525 (May, 2012)

Current scores: EQ 645, TU98 651, TU08 ???, EX CS 663

(Awaiting WalMart update for the TU 08, EX as usual is a crapshoot, 680+ on EIDT and Quizzle FWIW)

Removed:

Collection Account – CMI Group

Goodwilled relentlessly for six months by mail and email. Had inaccurate information listed, although minor in nature, deleted after online dispute.

Collection Account – Local Collection Agency

Medical collection that was approved for PFD

Collection Account – Local Collection Agency

Same CA as above, but paid prior to the PFD. I included the deletion of this account as a condition of the above PFD.

90 and 60 Day Late – Bank of America CC

Account closed by grantor nearly 3 years ago after going 90 days late. Continued payments until paid off – never charged off. Filed goodwill request with CEO email to have 60 and 90 day late removed, denied, but was deleted anyway.

Added/Improved:

UTIL down from 75%+ to 1%
WalMart Store card at $600 limit
Authorized User on Firestone Card 8 years old, $0/$1600

Remaining:

90 and 60 Day Late – Bank of America CC (3 Years old)
Charge off – Verizon (6 Years old)
30 Day Lates – Nine from various cards, 2 less than 1 year, additional 2 less than 2 years

Current Cards:

BOA Platinum Plus - $0/$600
Capital One Platinum - $0/$750
Walmart Store - $0/$600
Firestone Store - $0/$1600

Current Installment:

Sallie Mae 1 - $11,000
Sallie Mae 2 - $11,000
TD Bank Personal Loan - $3,500

2013 Goals

Auto Loan

The first reason I actually joined the forums; I need a new car. I have for awhile, I'm in sales and travel a decent amount. I plan on paying off my TD unsecured loan with my taxes, and around the same time buying a car. I have about $5500 worth of trade value, and will be in the market for a used car around $20k. Payments should be in the $300 range. Want: BMW 135i.

700 Club

I think this is doable. If I can get my charge off from Verizon removed, it may not make a huge difference, but it will make me free from major derogs, which as I understand it, should move me to that bucket. Might not be until December, but who knows. EQ may lag behind into next year, but if I can get 2 out of 3 I will call it mission accomplished.

Member Since 13

Yeah, I want an AMEX. Some is function, some is form. Either way I don't care. I think BCE looks like a good card, but I'd also like to add a Green for those charge situations, especially business travel, where I get reimbursed.

Lastly, I'd like to take the opportunity to thank everyone who has helped with their advice and encouragement. Hopefully I can keep using it and dish out more to give back. Thanks to the mods as well, who keep the place running like it does. Hopefully soon I'll be done rebuilding myself and can resign to helping others, and fretting over my credit cards and some day even a mortgage.

Re: 2012 Results and 2013 Goals

sphinx313 — Tue, 11 Dec 2012 23:45:16 GMT

JUTZZZZZZZZZZZZZZZZZZZZZZZZZ! I've always enjoyed reading your posts and updates on your situation. You've come a hell of a long way and I don't see any reason as to why you can't accomplish everything you listed. Congrats on your progress and on making reachable goals!

Re: 2012 Results and 2013 Goals

sunshine24 — Wed, 12 Dec 2012 00:01:09 GMT

Fabulous job! Keep on it and you'll get there.

Re: 2012 Results and 2013 Goals

Epcot — Wed, 12 Dec 2012 01:07:27 GMT

Great progress! Keep it up next year! :)

Re: 2012 Results and 2013 Goals

madmann26 — Wed, 12 Dec 2012 02:03:13 GMT

That's fantastic progress. Keep it up.

Re: 2012 Results and 2013 Goals

Jutz — Wed, 12 Dec 2012 14:19:07 GMT

Thanks all. Walmart finally updated, and of course it was from Dec 3, so it's completely irrelevant. The odd part is it went down 2 points somehow. Oh well. I'm pretty positive I'll be safely over 650 on any TU model once the final CA drops (today maybe?)

Re: 2012 Results and 2013 Goals

Jutz — Thu, 13 Dec 2012 15:14:33 GMT

Stupid Transunion!! Still hasn't deleted the last CA. They've requested it be deleted twice now. Impatient as usual.

Re: 2012 Results and 2013 Goals

Jutz — Thu, 13 Dec 2012 15:16:59 GMT

Good News: I'm in the 700 club!

Bad News: It's just my Vantage score...lol

Re: 2012 Results and 2013 Goals

rckstrscott — Thu, 13 Dec 2012 16:34:13 GMT

Jutz wrote:
Good News: I'm in the 700 club!
Bad News: It's just my Vantage score...lol

Hey.. sometimes being in the 'bad' bucket helps you get to 700 faster... I have 3 negatives still shows.. a paid tax lien, a paid judgement, and a paid collection.. all over 4 years old.. no lates showing, and good util..

I am over 700 and all FICOs... its doable

-scott

Re: 2012 Results and 2013 Goals

Jutz — Thu, 13 Dec 2012 16:40:39 GMT

Better to be the best of the worst I suppose. And I agree. Right now my recent minor derogs are probably holding my score back much further than the charge off from 6 years ago. 2 30 days < 1 year, 2 30 days < 2 years.

I just wish I could see my true EX, since it is major derog free.

Re: 2012 Results and 2013 Goals

Shogun — Thu, 13 Dec 2012 19:21:51 GMT

Congrats jutz! You've done a lot of work!

Re: 2012 Results and 2013 Goals

Jutz — Thu, 13 Dec 2012 23:41:52 GMT

Transunion finally dropped that last CA. Can't believe I spent 16 bucks on an outdated report a week ago. Convince me it's not worth the money yet!!

Re: 2012 Results and 2013 Goals

Shogun — Fri, 14 Dec 2012 03:27:14 GMT

Trust your feelings. Wait till after the new year and get a new report.

Re: 2012 Results and 2013 Goals

Jutz — Fri, 14 Dec 2012 05:07:54 GMT

I'm not applying for anything between now and then, and I have a 30 day late aging to a year then, so that would be the smart thing to do. We'll see how long it lasts. This is more difficult than gardening for me.

Re: 2012 Results and 2013 Goals

Jutz — Fri, 14 Dec 2012 18:33:02 GMT

Someone bought me an early xmas present and paid for the refresh of my TU :smileyhappy:

TU98 up to 676!

Re: 2012 Results and 2013 Goals

Jutz — Mon, 17 Dec 2012 03:12:24 GMT

Sigh...

Just had to edit a bit of the progress. In my excitement I didn't fully check into one of the derogs I thought was gone. My 60 and 90 day lates were from 24+ months ago, in fact the 60 hit 3 years this month, and the 90 will next month. Because of this, the payment history on MyFICO, as well as EIDT didn't go back far enough and I didn't notice them. Sucks, but whatever. I'm still happy with the late year progress I've made. Now though I have no idea how I'm going to get rid of those, besides waiting another 4 years.

Still happy to see 676 on TU.

Re: 2012 Results and 2013 Goals

electra — Mon, 17 Dec 2012 03:35:42 GMT

Great work Jutz!! You are on your way! It's so important to set specific goals and then measure yourself and adjust as needed. You are doing fabulous!

Re: 2012 Results and 2013 Goals

Jutz — Mon, 17 Dec 2012 17:15:31 GMT

Submitted my BBB complaint for Verizon, we'll see how far that goes. Should be hearing initial contact in the next day or two.

Also got a call back regarding my Executive Office Cap1 CLI request. I've officially requested 2k, I don't think this is unreasonable for an amount, however I could understand if I was rejected based on a 30 day late with another company in the last 12 months. She'll be getting back to me in about 72 hours.

Re: 2012 Results and 2013 Goals

Jutz — Mon, 17 Dec 2012 20:04:37 GMT

Nailed it!

Capital One just upped my CL to $2,000. The highest CL I've ever had, lol. They are also adding 1% cash back, plus 50% annual reward (Not sure how that works, can anyone answer?)

Re: 2012 Results and 2013 Goals

Shogun — Mon, 17 Dec 2012 21:17:59 GMT

Happy Dance!!!!!!