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Your lowest FICO when you started rebuilding?

Senior Contributor

Re: Your lowest FICO when you started rebuilding?

Well, I came here in May '08, trying to figure out if it was worth the effort to apply for a mortgage. Well, needless to say, it WASN'T. While my siggies says DH's (the primary bread-winner) scores were "low 500s," I'm being more than generous. I'm pretty sure they were mid-to-high 400s when I came here.

With the help of the kind, patient souls here, we've gotten DH to the high 600s. FICO Sim says that once we've paid down our CC balances (sitting at 36% util), we should be looking at much higher 600s -- or possibly low 700s!!

 

We raised his scores nearly 200 points in the past few months just by going to the Rebuilding Forum and asking lots and lots and lots of stupid questions (that I'm sure the regs have only heard a gazillion and one times). I received wonderful, considerate, helpful answers -- when to DV, when to FOAD and when to GW. Everyone here is so supportive, knowlegeable and kind. Most days, it's better than "RL!" Smiley Wink

 

I am one of the biggest FICO addicts, ever. But even more so, I'm one of the biggest FICO Family FANS, EVER!! Smiley Happy

 

You people are AWESOME!! Smiley Happy

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

Hubby's FICOs when we started: high 400s (June 2008)
Hubby's FICO NOW (04/06/09): TU: 679 EQ: 608 EX: ???
My FICOs: TU: 643, EQ: 606
Closed on new home: 1/20/2009 -- If we can do it, YOU can do it!!

Message 31 of 51
New Contributor

Re: Your lowest FICO when you started rebuilding?

My lowest score when I started rebuilding in July was 446 EQ and look at me now....


Starting Score: 467
Current Score: 598
Goal Score: 700


Take the FICO Fitness Challenge
Message 32 of 51
Frequent Contributor

Re: Your lowest FICO when you started rebuilding?

My lowest score that I know of was EQ 498 back in 2/08 when I was apartment hunting.  That was not pretty as I was turned down and had to get a co-signer.  I felt really bad when my co-signer was my 24 year old niece whose score at the time was a 730 EQ.  Well needless to say I didn't want that to happen again so I seriously started rebuilding about 4/08 and scores are in my siggy.
2/01/09 TU 678 EQ 690 EX 655
06/12/2014 EQ 634/ TU 623/ EX 618
Message 33 of 51
New Contributor

Re: Your lowest FICO when you started rebuilding?


Chopbrocoli wrote:
551 on EQ

 

How long did it take you to reach the scores you have now? Tell me some of the things you did to do it. Impressive!
FICO 12/9/08 TU 648 EFX 640 EXP 618
FICO 12/17/08 TU (?), EFX 635
FICO 12/24/08 TU (?) EFX 616
FICO 1/21/09 TU (?), EFX 623
FICO 3/3/09 TU 654, EFX 700
FICO 4/9/09 TU 655, EFX 705
Message 34 of 51
New Contributor

Re: Your lowest FICO when you started rebuilding?


preci0uz wrote:

I started rebuilding in Feb 2008 with in FICO scores in the mid 400's. As of today, my all my 3 FICO scores are in the 730's!

 

Phew! It was a lot of work.


 

WOW! Share some of the things you did if you don't mind. I am encouraged!
FICO 12/9/08 TU 648 EFX 640 EXP 618
FICO 12/17/08 TU (?), EFX 635
FICO 12/24/08 TU (?) EFX 616
FICO 1/21/09 TU (?), EFX 623
FICO 3/3/09 TU 654, EFX 700
FICO 4/9/09 TU 655, EFX 705
Message 35 of 51
Regular Contributor

Re: Your lowest FICO when you started rebuilding?

 
RLL1171 wrote:
 
preci0uz wrote:

I started rebuilding in Feb 2008 with in FICO scores in the mid 400's. As of today, my all my 3 FICO scores are in the 730's!

 

Phew! It was a lot of work.

 

 

WOW! Share some of the things you did if you don't mind. I am encouraged!

I wanted things to happen overnight but not on this case, so I had to learn to be patient. Sucks really. Haha

 

Fortunately, all the collections and charge off’s that I had were unpaid, so pretty much I PFD. I sent letters, emails to CEO’s, demanding CRA to verify and provide documents when they verified an account that was incorrect. Even if they said “NO”, I kept sending letters or sending them to different people, you know just trying my luck. Pretty much I made it very clear that if they didn’t do it my way, they wouldn’t see a penny. I also work for a law firm, so I think sending the PFD letters in my company’s letterhead might have scared the CA’s a bit.  

 

At one point Macy’s told me they wouldn’t re-instate and Bally’s in 2 occasions told me they wouldn’t delete all the late payments I had, but they did. Also, acting nice to a customer representative can get a lot of things achieved, that’s how I got my Macy’s re-instated. 

 

Also if a CA was harassing my by phone, I took pictures of how many times they called etc and even recorded a conversation where a CA refused to stop calling me after I had asked by writing and phone.  

 

I think with this bad economy, it’s the perfect time to negotiate with CA’s and insist for PFD or good will letters.  Just don’t give up!!! 

 

Message Edited by preci0uz on 01-28-2009 11:15 AM
Message 36 of 51

Re: Your lowest FICO when you started rebuilding?

Can you tell me what steps you took to do this!!!  What an awesome accomplishment!!
Message 37 of 51
Regular Contributor

Re: Your lowest FICO when you started rebuilding?

Last September 08 my scores were as follows:

 

TU: 503

EX: 549

EQ:496

 

Today my scores are:

 

TU: 621

EX: 662

EQ:628

 

My scores soared when I started doing a few PFD. Finally I got them high enough to do a cash out refinance and paid the rest of my debt off. After that I opened 2 credit card and spent $15.00 on $500 dollar limits and my scores jumped 40-50 pts on that alone, so now I keep the balances $0 when they reprt to the credit bureau.

I just applied for a USDA loan 100% financing.

 

 

Message 38 of 51
Contributor

Re: Your lowest FICO when you started rebuilding?

Mid 500's in January, 2008.  Thanks for all the help, peeps! 
4/13/08 FICOs: TU 646 / EQ 583 / EX 623
2/06/09 FICOs: TU 708 / EQ 689 / EX 705
12/12/09 FICOs: TU 773 / EQ 737 / EX 761
Message 39 of 51
Frequent Contributor

Re: Your lowest FICO when you started rebuilding?

My scores were around 450 Jan 08 if I remember right. I got my scores to come up to a 628 in Aug. 08 when I bought my house. Now my EQ score is 549, due to me forgetting to pay GMAC ontime in Dec 08 and high utilization of CC debt (which is now paid off). Hopefully I will see a jump next week.

-------------------------------------------------------------------------------------------------Fico Score Range 600-625 across the board
Message 40 of 51