Reply
Established Contributor
electra
Posts: 573
Registered: ‎10-21-2012
0

30+ point jump in just 3 weeks! Yay! ...and a question

So, I had a 584 to start and now just got a score watch alert that I am at 618!  What changed is that I got my ex's charged off Discover off of my CR (was never an AU or anything...not sure why it was there) and applied for an got a NFCU Cash Rewards CC with a $5k credit line.   One thing I'm curious about though is that it doesn't look like NFCU reported my limit.  Is that just because it's the first time they have posted it?  Would it be better if they put the credit limit, esp since it's fairly high?  How else would they calculate your ratio?

 

Next step to start working on the collections...

 

:smileyhappy:



Starting Score: TU:584 | EQ 584
Current Score: TU FICO: 711 | EQ FICO 713 | EX (USAA FAKO) 779
Goal Score: 780 across the board


Take the FICO Fitness Challenge
Established Member
KevinBlock55
Posts: 74
Registered: ‎07-10-2012
0

Re: 30+ point jump in just 3 weeks! Yay! ...and a question

NFCU gave you a 5k limit with those scores?! I have GOT to establish a relationship with them lol
Valued Contributor
Epcot
Posts: 2,790
Registered: ‎10-10-2012
0

Re: 30+ point jump in just 3 weeks! Yay! ...and a question

Congrats on both the score increase and approval through NFCU!

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Established Contributor
sphinx313
Posts: 567
Registered: ‎02-12-2011
0

Re: 30+ point jump in just 3 weeks! Yay! ...and a question

Hang in there, they will report the limit probably when your first statement drops so they can report the utilization as well. The initial reporting to the CRA's was just adding their account to your portfolio. The 5k will definitely help with your current utilization and should show you a nice improvement! Congrats!



Starting Score: 532/564 10/21/12
Current Score: TU: 594 EQ: 628 EX: 617 BoA Credit Pull Denial Letter 2/20/2013
Goal Score: 700


Take the FICO Fitness Challenge
Frequent Contributor
wallyworld123
Posts: 455
Registered: ‎01-04-2012
0

Re: 30+ point jump in just 3 weeks! Yay! ...and a question

Congrats on the score increase and the nfcu credit card. Nfcu is awesome!

Established Contributor
Cadillac-XTS
Posts: 1,837
Registered: ‎08-20-2012
0

Re: 30+ point jump in just 3 weeks! Yay! ...and a question

Congrats


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}