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Regular Contributor
adio413
Posts: 114
Registered: ‎06-06-2012
0

using my unsecured to increase score.........

i have an unsecured card through applied bank with a CL of $250. i make an automatic monthly donation to a smithsonian museum for $5 on the 20th of every month and then on the 5th of every month $7is taken out of BOA debit card to pay for it.

even though the applied card reports to all three CRA, it seems like this is doing nothing/zero for my credit score, since i usually have a $2 credit on my credit card account. what could i do to change it? should i use the card more? should i use it enough to take the utilization from 0% to 5 -9%?

Valued Contributor
rootpooty
Posts: 1,757
Registered: ‎10-28-2011
0

Re: using my unsecured to increase score.........

Is this your only card? What is the reported util been the past few mos?
NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 3k | BOFA 123 3k |
Chase Freedom 1.5k | Amazon 1800 | Walmart 1450 | Buckle 300

On the prowl for Chase Sapphire Preferred!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club
Regular Contributor
adio413
Posts: 114
Registered: ‎06-06-2012
0

Re: using my unsecured to increase score.........


rootpooty wrote:
Is this your only card? What is the reported util been the past few mos?

yes its my only card. the utility has been 0%.i just got the card in may  started using it in may this year. i've never bought anything with it, just signed up to do auto donations to the museum and to have the amount paid back via my BOA card

 

Frequent Contributor
jd5189
Posts: 470
Registered: ‎08-14-2012
0

Re: using my unsecured to increase score.........

what are you scores currently?

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.
Regular Contributor
adio413
Posts: 114
Registered: ‎06-06-2012
0

Re: using my unsecured to increase score.........

[ Edited ]

 

holy christ, im sorry everybody....... i have a secured card from applied bank. im sorry sorry sorry.

 

in case anybody asks, the extra $2 is from the 7bucks that comes from my debit card. when i 1st signed up for the debit payments, the applied bank CSR said i should have a little more taken out just in case interest is charged.

 

jd5189: my credit scores are as of 10/9/12 3pm

experian 585

equifax 561

transunion 585

 

idk if these are FAKO or fico because they're from USAA credit monitoring

Regular Contributor
adio413
Posts: 114
Registered: ‎06-06-2012
0

Re: using my unsecured to increase score.........

ttt

Frequent Contributor
AvaMommy
Posts: 297
Registered: ‎08-08-2012
0

Re: using my unsecured to increase score.........


adio413 wrote:

ttt


Those are your FAKO scores. what is hurting your credit?

 

Starting Score: FAKO: TU 602 EQ 550 EX 565 - 08|2012
Current Score: MyFICO: TU 633 EQ 637 EX 669 (AMEX PULL)09|2012
Goal Score: 700 across the board In my wallet: NFCU cashRewards 12000CL, NFCU LOC 10K CL, BofA cashRewards 5000CL, BofA PP 3000CL, JAREDS (AU) 1500CL, SEARS (AU) 7000CL
Under my mattress: Orchard Bank 320CL and Saks Fifth Avenue 100CL. Finally in the Garden. App Free Since 9/18/12 - No apps until March 2013
Regular Contributor
adio413
Posts: 114
Registered: ‎06-06-2012
0

Re: using my unsecured to increase score.........

i have no idea!!! i have a bunch of student loans but the'yre paid on time with zero lates on any of them.

Frequent Contributor
jd5189
Posts: 470
Registered: ‎08-14-2012
0

Re: using my unsecured to increase score.........

Have you pulled your reports or just the scores? It seems there are derogatory accounts somewhere in your credit files because with on-time SL payments and even the secured card your scores should be somewhere in the 600's (at least mid 600's I would have to guess).

Pull your free yearly CR from one of the agencies (doesn't matter which one as they all seem to be in the same score range). Look through it. Until you find out what the derogatory is on your account, your unsecured card will not do much for your scores.

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.
Regular Contributor
adio413
Posts: 114
Registered: ‎06-06-2012
0

Re: using my unsecured to increase score.........

CBCS

Potentially Negative

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

CBCS

CBCS

CBCS

Account #

1806XXXX

1806XXXX

1806XXXX

Account Type

Collection Department / Agency / Attorney

Collection Account

Collection Account

Balance

$271.00

$271.00

$271.00

Date Opened

10/1/2011

10/1/2011

10/24/2011

 

 

 

 

 

 

CONVERGENT OUTSOURCING

Potentially Negative

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

CONVERGENT OUTSOURCING

CONVERGENT OUTSOURCI

CONVERGENT

Account #

7003XXXX

7003XXXX

7003XXXX

Account Type

Collection Department / Agency / Attorney

Collection Account

Collection Account

Balance

$387.00

$387.00

$387.00

Date Opened

7/1/2010

7/1/2010

7/9/2010

 

 

 

 

 

 

MIDLAND CREDIT MGMT IN

Potentially Negative

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

MIDLAND CREDIT MGMT IN

No Data Returned
For This Bureau

MIDLAND MCM

Account #

853158XXXX

853158XXXX

Account Type

Debt Purchase

Collection Account

Balance

$1,222.00

$1,222.00

Date Opened

8/1/2009

8/26/2009

 

 

 

 

 

 

PROFESS ACCT

Potentially Negative

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

No Data Returned
For This Bureau

No Data Returned
For This Bureau

PROFESS ACCT

Account #

1305XXXX

Account Type

Collection Account

Balance

$67.00

Date Opened

1/18/2010

 

 

 

 

 

 

PROFESS ACCT

Potentially Negative

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

No Data Returned
For This Bureau

No Data Returned
For This Bureau

PROFESS ACCT

Account #

1074XXXX

Account Type

Collection Account

Balance

$67.00

Date Opened

10/13/2008

 

 

 

 

 

 

PROFESS ACCT

Potentially Negative

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

No Data Returned
For This Bureau

No Data Returned
For This Bureau

PROFESS ACCT

Account #

1061XXXX

Account Type

Collection Account

Balance

$104.00

Date Opened

9/9/2008

 

 

 

 

 

 

AFNI

Potentially Negative Closed

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

No Data Returned
For This Bureau

AFNI

No Data Returned
For This Bureau

Account #

101869XXXX

Account Type

Collection Account

Balance

$155.00

Date Opened

8/1/2007

 

 

 

 

 

 

AFNI, INC.

Potentially Negative Closed

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

AFNI, INC.

No Data Returned
For This Bureau

AFNI

Account #

204072XXXX

204072XXXX

Account Type

Collection Department / Agency / Attorney

Collection Account

Balance

$183.00

$183.00

Date Opened

4/1/2010

4/19/2010

 

 

 

 

 

 

BUR COL RECO

Potentially Negative Closed

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

No Data Returned
For This Bureau

No Data Returned
For This Bureau

BUR COL RECO

Account #

7181XXXX

Account Type

Collection Account

Balance

$0.00

Date Opened

7/17/2012

 

 

 

 

 

 

CAP ONE

Potentially Negative Closed

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

CAP ONE

CAPITAL ONE BANK USA

CAP ONE

Account #

40034470XXXX

40034470XXXX

40034470XXXX

Account Type

Credit Card

Revolving or Option

Revolving account

Balance

$2,683.00

$2,683.00

$2,683.00

Date Opened

2/1/2007

2/1/2007

2/5/2007

 

 

 

 

 

 

FAIR COLLECTIONS & OUT

Potentially Negative Closed

 

More Account Details

 

Experian®

Equifax®

TransUnion®

 

 

 

Account Name

FAIR COLLECTIONS & OUT

FAIR COLLECTIONS & O

No Data Returned
For This Bureau

Account #

347XXXX

347XXXX

Account Type

Collection Department / Agency / Attorney

Collection Account

Balance

$3,415.00

$3,415.00

Date Opened

5/1/2009

5/1/2009

 

 

    
 
    
   
    
    
    
    
    
 
 
 
 
 
 
 

 


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