05-25-2013 07:19 PM
I'm in the garden but my DH isn't! DH got super irritated with Wells Fargo this evening when we realized that WF withheld fed taxes when we cashed in his IRA but then we got a back taxes due bill from the IRS this week for the same amount that WF withheld! DH has a WF cc that's maxed out (12k) and he's been working on paying that down. He's seen how much I've been loving my freedom+csp combo since I'm trying to earn points for a vacay. So he decided that he wanted to get the freedom and start building a relationship with another bank. We applied online - got the 10 day review notice. I immediately had him call the backdoor recon number - he asked for the status, analyst told him that he was declined. Then the analyst asked him questions about his only baddie from 2007 (120+ days late on BR card) and his maxed out WF cc. He explained the BR baddie was from when we moved to Korea to teach English, the bills went to his mom and it didn't get to him until too late. As soon as he got the bills, he paid it all off. She asked him how much he pays a month on his WF cc - he said about $500/mo. She told him to hold on, she was going to try to get him approved. She came back and he was approved for $4k! The entire call took less than 10 minutes.
His EQ fico score: 715 from Oct 2012 (old score, i know). I had added him as an AU to a few of my CCs to help with his util - brought it down from 95% to 33%. I just want to say that I've learned so much from this forum and we couldn't have done this today without the information we got from here. Thanks so much! It feels good to know that we can work on improving our credit and build a prime cc portfolio while paying down cc debt.
05-25-2013 07:35 PM
Thanks! I think DH will be unofficially gardening! He doesn't really have a bad app itch though. We'll work on getting him a CSP and possibly an Ink Plus later this year. But priority for both of us is to pay down our CC. Fortunately, they're all on 0% intros for the next year.
05-25-2013 07:53 PM
I hear you. My cards are PIFed each month, but I have several SLs and a new auto loan. I'm working diligently to pay off the SLs that I refer to as dragons, becasue they just keeping dragging on. I'm way ahead of schedule, but just want them gone. I should be done with them in 2yrs, which will be 5-6 yrds ahead of schedule. It will feel sooooo goooood!
05-25-2013 07:57 PM
Congrats to DH and you
05-26-2013 03:23 AM
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.