04-20-2011 03:23 AM
I started out in March with no credit score at all.
By adding an AU account to my old
credit info I guess it re-evaluated my history.
I want to buy a house.
There's so much info here in this forum!!
Thanks for sharing!
I'm starting out @ 674 TU and 684 EX
My goal is 700+
I'm paying debts on time and
seasoning my new accounts,
also waiting for old paid tax lien
to roll off
04-20-2011 03:07 PM - edited 04-22-2011 02:50 PM
Goal for 2011: To reach 620
Fico Score on 04/12/11: EQ 554 TU 489
Current Fico Score 04/20/11 EQ 561 TU 509
The steps I plan to take to achieve my goal is continue paying off debt, add new accounts and pay on time always!
04-20-2011 04:43 PM
I finally did it! Free from Chase and hit the 700 mark.
I'd like to thank you all for your sound financial advice but most of all I'd like to thank myself for sticking to my plan and telling Chase to kiss my butt once and for all!. I would've hit the mark sooner but I took a hit when I did a balance transfer but it was a necessary evil. I had to get away from Chase and their ridiculous 29.9% APR hike for no reason other than I paid my bills on time! (I hate them!!!)
04-20-2011 11:42 PM
I just bought a new house and have a $61k mortgage at 4.25% fixed, one capital one card with $300 CL and no other debts. My goal is to understand what credit means and how to use it responsibly.
My starting score was 640 and my current score as of 2/2/11 is 666. I bought my house in 3/2011 so I don't know what my credit looks like now, but I can't imagine its any worse (right?).
I don't know how you increase a score or how many points you can increase so I will just say I would like to increase my score to about 680, which I understand is a reasonable score.
I hope to learn from this forum all that I can do to reach this goal and who knows...maybe I can do better,
For the past five years I have done nothing on credit, only cash and have built up a nice savings and retirement account. Now its time to incorporate credit and learn how to use it properly.
Any advice you can give me is much appreciated.
04-21-2011 06:28 AM
....I will just say I would like to increase my score to about 680.......I hope to learn from this forum all that I can do to reach this goal and who knows...maybe I can do better,
No doubt you'll surpass that goal. Welcome to the forums!
04-21-2011 06:29 AM
1. Your FICO score goal for 2011 is 780 or 790
2. Your current FICO score(s) EQ=628; EX=645;TU-??
3. The steps you plan to take to achieve your goal: I have already paid down my debts just waiting for some of my discrepancies to finally fall off or get updated per company requests
04-21-2011 10:20 AM
1. 700 = goal for 2011
2. 658 = current score
3. reduce util to 3% = method to achieve goal
04-21-2011 05:26 PM
I did this in 2010 and I was surprised at how much my scores improved so I figured I would try this out again.
1. Goal score: TU 775 EQ 760
2. Current scores: TU 760 EQ 733
3. Method to increase scores: I will continue paying down student loans, paying off credit card balances to zero (also gotta work on charging in the first place), and just waiting for time to pass so that my average age of accounts will increase. Next month I'll be at 5 years for my oldest account, so maybe that will help a bit.
I would love for my scores to rise but honestly I'm quite happy where they are now, although I'd like to see my Equifax score raise just a bit.
04-22-2011 01:35 AM
SOME good news!!
I mentioned before that I had 7 "bad" marks on my report (all atleast 4 years old). I sent out GW's to either the collection agencies or the actual buisness about 2 weeks ago. Well........GREAT news......I've gotten two responses back and BOTH of the parties have agreed to DELETE the information from my credit report! YaY!! I have not checked my updated credit reports yet. I am going to in about a month. I want to give everything time to "catch up" I am SO happy!! 700's here I COMEEEEEEEEEEEEEEEEE!!!!
04-22-2011 12:23 PM
My goal is to get my scores 660+
Currently at 561 EQ and 601 TU
I have a lot to do this year, have paid my Util % down recently but still have some old collections to clear up, going to try to expand my types of credit with an auto loan and one more CC and ulitmately a mortgage.
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