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raising credit score

Senior Contributor

Re: raising credit score



azlisa60 wrote:
What is a GW letter??





GW = Good Will. Basically you are asking a creditor to delete a late or a baddie from your CR because you are a good customer. here are some sample letters:

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&message.id=2661
"Never ever, ever be late. Never" (FUTR)
Message 11 of 14
New Member

Re: raising credit score

Hello fellow AZ,
 
Your Credit Score should improve after the $15K to your credit debt.
 
I recently just paid off my credit cards about two months ago and about a month later my score jumped up 33 pts. That was Equifax. I haven't gotten a score on the other two yet.
 
In my opinion, this should help greatly. Another important aspect is to maintain a low balance from here on out ... and try to payoff balances each month.
 
Good luck!
 
AM
 
EQ: 737

Starting Score (Mar 2006): 613
Current Score (Nov 2011): 762
Goal Score: 800+

Message 12 of 14
Established Member

Re: raising credit score

Thank you for all your help. I will update in 2 weeks about my score and I am going to write the GW letter to my mortgage company to see if they will take off the late pays I had over the holidays. Any suggestions on an inexpensive monitoring service for my credit score? I am so glad I found this forum and all the suggestions on improving my score.
 
Smiley Happy
Message 13 of 14
Highlighted
Moderator Emeritus

Re: raising credit score

Welcome my fellow AZ'ers
 
 
Message 14 of 14