Hi all,
Long time myFico fan and lurker...
Little backstory - I started obtaining and establishing good credit at the age of 18. I did rather well (upper 740's, no negatatives) across all three reports until college got the best of not only my financials, but my lifestyle (heavy alcohol). I bottomed out around junior year (2011-12 ish). Burned several prime banks in the process unfortunately....
Fast forward to today I am working hard to re-build my credit (have taken care of the other, larger issue, finally).
Just thought I'd post some recent success for others hoping to do the same.
April '16 - Opened BOA 99/500 secured account - TU FICO ~560-580 I believe, can't remember exactly
October '16 - Graduated to unsecured and auto CLI to $1500 - I had to request the graduation and was approved w/ auto CLI. I waited for 6th statement to cut. TU FICO ~700
January '17 - Requested CLI via "love button" after logging into accounts - Requested 5k. Triggered hard pull on TU, instant approval. They are now upgrading account to Visa Sig. TU FICO ~690
I have been running anywhere from 4-6k through the card since opening. Yes, paid off multiple times per week w/500 limit. I firmly believe that's ultimately why they gave me the room.
Stats:
Income ~100k
BOA Checking and Savings accounts for ~3 years.
Have been working to remove several charge offs and collections, only have a couple left on reports. Hence the big jump in short time-frame.
Hope this gives some hope and direction to others in similar situation!
Thanks to all for your help over the years.
