06-27-2013 07:55 AM
HEY!! I RECENTLY GOT AN AUTO LOAN APPROVAL WITH MY 606 FICO SCORE.. I WASN'T TOO SURPRISED BECAUSE I RECENTLY GOT ALL THE BADDIES OFF MY REPORT SO AT THIS POINT I WAS JUST BUILDING MY SCORE... ANYWAY I GOT APPROVED FOR MY SECOND AUTO LOAN.. I TRADED IN MY 2006 CHEVY IMPALA WHICH I STILL OWED 8500 ON AND GOT A 2013 CHEVY CRUZE AND THEY BOUGHT MY IMPALA FOR $7000 SO I ONLY HAD THE REMAINING $1500 ADDED TO MY LOAN SO MY PAYMENTS ARENT MUCH HIGHER THAN WHAT I WAS PREVIOUSLY PAYING!!! YAY ME!!! THEN A FEW DAYS LATER I SAW THAT MY FICO SCORE JUMPED 50 POINTS!! IM NOW AT 656.. JUST WONDERING NOW THAT MY CAR LOAN WITH CAPITAL ONE IS PAID OFF AND I HAVE A NEW LOAN WITH ANOTHER COMPANY SHOULD I SEND CAP 1 A GW LETTER TO GET RID OF THE 30 AND 60 DAY LATES. THE MOST RECENT 30 DAY LATE WAS IN JANUARY AND IVE BEEN CURRENT EVER SINCE. LIKE I SAID I HAVE NO MORE BADDIES AND I KEEP MY 2 CC AT 10% OR LESS UTILIZATION.. ANY INFO WOULD HELP ON THIS ONE GUYS!! THANKS
06-27-2013 11:50 AM
06-27-2013 01:11 PM
thank you so much. I didn't know if I should send anything yet being that my new car loan hasn't even reported yet and my cap 1 auto loan isnt listed as paid off yet... what do u recommend? should i wait a month everything report correctly first?
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.