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Senior Contributor
score_building
Posts: 3,560
Registered: ‎01-10-2008
0

Re: 6 new accounts in 4 weeks, FICO down to....


keninmiami wrote:
   My bad, should have put those glasses on first! Thanks for the pointing that out, now it makes sense.

 

cool :smileyhappy:

 

in any case, i have to agree txjohn is a total poster boy for credit repair/build success:

 

Redeemed

Redone

Remarkable!

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Regular Contributor
FocusOnFICO
Posts: 180
Registered: ‎05-01-2009
0

Re: 6 new accounts in 4 weeks, FICO down to....

Thanks for the update txjohn.  You and hauling were the inspiration for me to update and add advantages accounts.  My mix is now:

  • 4 credit unions (CSUN, E1, Alliant, and PenFed)
  • 2 small conservative banks (Simmons and First Command)
  • 3 large banks (Amex, Citi, and Wells)
  • 1 large conservative bank (US Bank)

With inquiries, new accounts, etc. I lost 6 points so far on each of EQ and TU.  The last three CUs are due to report, so I expect a further hit.

 

My objective was to do it in one period of time (Feb-May), as I requested and received line increases in all existing accounts at the same time I added the others.  My AAoAs is now at about 6+ years and I don't anticipate that I'll need to do any more ap or cli activity in the near future.

 

I am appreciative of the example that you set and thank you for sharing the strategy and great results.

 

Congratulations!


Starting Score: TU 766 EQ 788
Current Score: TU 788 EQ 811
Goal Score: TU 800 EQ 800


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Senior Contributor
txjohn
Posts: 4,214
Registered: ‎09-12-2008
0

Re: 6 new accounts in 4 weeks, FICO down to....

Happy to help....I will be glad when my AAoA is back to your level :smileyhappy:

Credit Scoring 101 - Tuscani   *  Guide to Common Abbreviations
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09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549
Established Contributor
Cory
Posts: 671
Registered: ‎03-15-2007
0

Re: 9 new accounts in 6 weeks, FICO down to....

Man Txjohn,

 

 

How do you keep up with all of those old and new accounts?

 

I only have seven and will be closing maybe two in a year.

 

Cory

1. American Express Blue Cash Preferred~2. BankAmericard Cash Rewards World MasterCard~3. BankAmericard Travel Rewards Visa Signature ~4. Discover It~5. Citi Forward Visa Signature~6. CCCU MasterCard.
Frequent Contributor
ocheosa
Posts: 372
Registered: ‎06-15-2007
0

Re: 9 new accounts in 6 weeks, FICO down to....

txjohn,

 

Congratulations! Whoo HOOO!!!

 

It is so rewarding when you are able to make the credit game work to your advantage!!!

 

Strong Work!

01/04/10 TU 778 EQ 731
08/05/09 TU 762 EQ 722
02/12/09 TU 722 EQ 704 EX 690
EQ sensitive to inqs & student loan.

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