Hello All,
I just wanted to send some encouragement with my own success story. I don't post on the board that often, but have been a member for two years and been looking on for three. Like many, my college/younger years did a number on my credit report. Plus if you include not having any knowledge of the importance of credit – not a good look.
Three years ago, I had a credit score in the low 500’s and begun a slow climb out of that miserable pit. Now, I can say my credit score is 736 (as of three days ago) and I plan to buy my first home in a little over a year (hope to have my all my scores about 760 at that point).
A month ago, my credit score finally hit the 700s and I got approved for two new credit cards with USAA. Now, I’m use to getting credit lines of $300, $700, $900 max...I got approved for a 12K line on one, and 10K on the other! I couldn’t believe it! And even with two new accounts and inquiries, the utilization boosted my score by 30+ points! (plus some timely fall-offs)
How did I do it? A lot of it comes from time and waiting for things to fall off. Also, I’m always on time with EVERY payment. And once I got out of the small debt I had, I pay in full all the time. I didn’t have any luck with any good will letters or any wishful thinking tricks/strategy’s, but I just stayed focused and knew the time would come. But I did have some luck just yesterday by having an old negative item taken off my credit report by doing a dispute!
But I just wanted to write and share my story, and show that it is possible! And it may be a long climb out of the bottom, but its well worth it once you’ve made it! And man, it feels good to have good credit and know that I can apply for anything I want!
I also feel like I can write a book on credit and credit scores now since I’ve gained so much knowledge throughout the years. LOL.
Keep, keeping on!
