01-03-2013 02:12 PM
I joined ScoreWatch 3 days ago so I could start rebuilding my credit so I can purchase a new vehicle later this year and a house in the next 3 years. The economy hit me hard while in college and forced me to miss payments, etc.
Three days ago my score was a 582, quite poor. It was my goal to get to a 620+ by September of this year so I could purchase a new vehicle with the help of a cosigner that has a 700+.
I made some calls over the past three days and received an email about an hour ago from myFico that I had a credit alert. Pleasantly to my surprise my score has already jumped to a 615! 33 points in the past 3 days.
Does anyone know how I can see what exactly caused this jump? I emailed a few companies asking them for deletes but I'm not sure which if any did it or what caused the jump in my score.
01-03-2013 06:33 PM
01-03-2013 08:02 PM
Where did you get the scores from? FICO? FAKO? You could have had something deleted or fell off.
01-03-2013 09:52 PM
Grats. Nice gain. Figuring out what caused a score increase can be next to impossible. It may be a combination of factors and not one single item. The best way to try to figure it out is to have access to daily credit reports like USAA or another service and the compare the two reports. Check things like lates falling off, time since last late, decreases in reported UTIL, etc. Sometimes, you will just scratch your head and say "oh well at least it went up."
01-04-2013 08:49 AM
The alert didn't tell you what the source of the change was? They usually do that for me. They won't give details but they say something vague and I can piece it together.
01-04-2013 08:30 PM
Congrats! Way to go! It's such a great feeling, isn't it? When you cick to view your alerts, and then you select the Details button, it should show you the old tradeline and then the newly reported information. Compare this to your pre-dispute report and you should get an idea of what caused the jump Either way though, congrats on the great progress!! Yay you!!