Rebuilding Your Credit

[MarineVietVet]

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johnsj21 wrote:

My Util before was 45% so getting down to 10% is amazing for me! 

Bungalow...tell me about it!!!  It was REALLY hard to not spend the $!!!  Since seeing the improvements over the past year it would be a shame to backtrack!

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That's a sign of financial maturity and discipline. It took me decades to learn that.

7/09 (myfico)
TU-742
EQ-779

Time can heal all wounds and a low FICO.
"Hello my name is Sandy and I'm a recovering crediholic".

[johnsj21]

PM = private messages.  When you are signed in you will see in the top right hand corner of the screen if you have any messages.

Maturity...what's that?!! haha!!  I got my first CC right out of high school with Target cc in 1997 - still have the card today, although it's since morphed into a Visa...maxed that sucker out in a week...paid it off about 2 years later and then forgot about the card until about 5 years ago....learned that the account was still open and they bumped my cl to $500 ---maxed it out again....paid it off one more time and they changed it to a Visa and up'd the CL to $1000----maxed it out again.....NEVER, NEVER, NEVER WILL I DO THAT AGAIN!!!!!!  Now that it's paid off I'm hoping they'll up the CL again to $2000...that will definately help the UTIL even more!!

Message Edited by johnsj21 on 08-06-2009 12:23 PM

[BungalowMo]

Hey johnsj21...when was that last CLI to 1k?  What has your util on the card looked like since then?

[johnsj21]

Hey Mo!  That last CLI was exactly 2 years ago - it was an automatic CLI.  They sent me a letter indicating my redcard was being changed to a Visa and that my CL was being increased to $1000.  I've now been a cardholder for 12 years so I'm going to call for a CLI once my scores update from the payoffs....hoping they give at lease a $1000 increase. 

My Util has sucked on that card since they auto CLI'd it 2 years ago...just paying it down to $10 for the first time in 2 years. 

Message Edited by johnsj21 on 08-06-2009 02:01 PM

[BungalowMo]

Oh...definitely!  What was the amt you just paid off?  If it was close to the max, they might make you wait.

But it IS a 12 YO card, so you might be ok!