Working on getting my credit better.
1. Goal score for 2011 is at least 740 for all 3 bureaus. (The current average between my three scores is 710).
2. Current scores are TU-710, EQ-766 and EXP-650.
3. Tasks towards this goal:
a. Pay bills on time
b. Don't apply for anymore credit
c. Get all my cards down to zero balances
d. Get bogus derogatory info off my reports.
e. Continue paying down on loans including by earning extra money where I can and applying the money directly to bills.
Starting Score: EQ-717 TU-715 EXP-755Hi All!
1. Your FICO score goal for 2011: 700 Club+!!
2. Your current FICO score(s): EQ-608; TU-654
3. The steps you plan to take to achieve your goal: 2010 was a year of discovery for me when it comes to FICO and I am going to build on the hard work that we did in 2010! (Already increased my score over 100 point in 7 months). So this year I will continue to maintain 0-8% balance on my credit card (only have one of those). Paid off any remaining collections (I still have some out there, but I am better) I hope to get in the 700 club, so I can refinance my mortgage through the FHA streamline process.
1. Goal for 2011 is 760 at all 3.
2. Current: TU: 699 EQ: 651 EX: 705
3. Goals for this year; pay down $40K of credit card debt to $10K.
4. Cease using credit cards for everyday expenses.
5. Stop using credit cards for company travel and mixing these expenses on plastic.
6. Use the new Amex Premier Rewards Gold card I'm getting for everything since it must be paid off monthly.
7. And stick to the monthly budget!
current about 680 (FICO-EQ)
target: 730 (FICO-EQ)
no inquiries after unsecuring my bofa in march, I cant do much to improve my scores, it has to happen at its own. I am assuming as my AAoA doubles towards the end of 2011 (started in Jan 2010) and I keep paying bills on time with no new inquiries, my FICO should increase.
Goal for Dec. 2011: 750+
Current Experian and TU Score: 622
Action Plan:
Pay off all credit cards
Make payments on-time, not at the last minute
Pay twice than the minimum due
Leave new credit card offers alone
Put more in my savings (emergency fund and retirement accounts)
Read one book or magazine a month on personal finance
Use only 10% of my available credit line when possible
Here's to a SLAM DUNK in 2011!
Use as many coupons and discounts that I can when out shopping.
1. Your FICO score goal for 2011:
720+ on all scores
2. Your current FICO score(s):
EQ: 659 (1/21/11 via SW), TU: 689 (1/21/11 via Quarterly Monitoring), EX:???
3. The steps you plan to take to achieve your goal:
Work on removing collection accounts (1 on EQ, 2 on TU & EX).
Decrease total utilization to <10% by paying down credit cards and asking for CLI's.
Continue to pay on time on all open accounts (haven't missed a payment in over 2 years!).
Possibly become an AU on one of my parents cards to increase AAoA.
Ask questions and look for support on this forum when I run into problems!
Good luck, everyone!
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