03-29-2010 09:20 AM
Hi guys. This is my first posting here. Just want to share some of my good news since all of your good advice has put me back on the road to financial stability. I started my credit journey last February after getting divorced from my wife. I'm 33 and my credit was horrible. I was a 471 EQ 503 TU and 477 Fako. I never had any cards other than my bank cards. Tons of collection crap from ex's drama. Started getting my reports cleaned up since then and in November got a First Premier $300.00 limit. Converted one of my old debts from Jefferson Capital that was the ex wife's Chase card to an Embarq card that has a $350.00 limit. And this past month I got Orchard bank $300.00 limit and Capital One $500.00 limit in the Credit building program Current scores after a year are 618EQ no bads no lates only negative is short history 6 inqs. TU 618 1 closed collection in dispute no bad's no lates 3 inqs. EX Faco 601 4 negative closed 3 to fall off in DEC no lates 8 inqs but all to fall off this year. Thanks for all your help guys.
03-29-2010 09:57 AM
Yikes, I would not give FirstPremier ANY business. Such a scammy ripoff. Congrats on Orchard and Cap1
03-29-2010 10:17 AM
If I did not use First Premier I would not have been able to get approved for other cards. They gave me a foot in the door sometimes you gotta pay to play .
03-29-2010 12:48 PM
Yeah hoping to be able to drop them before another annual fee will see how im doing after a few months.
03-29-2010 06:05 PM
1 tp 9% utilization showing at reporting time on 49% of those accounts MAX. Rotate the other cards in and out of that 49% and don't aply for another card for 1 to 2 years. You are at a crossroads.
03-29-2010 08:09 PM
Thanks been definetly gonna keep that uti down low and leave the apps alone for the next year.
03-29-2010 08:46 PM
Capital One Credit building program???? Is there such a thing? If so please fill me in?
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.