Credit Card Center Advertiser Disclosure†
02-18-2011 11:07 AM
Hey everyone! I am a long time lurker of the forums, and recently decided to join as I am taking a more proactive approach in rebuilding my credit. A little background......my credit score at one point was in the high 300's
Now for the good news! I received my myFICO scores for the first time on January 20th and my EQ score at that time was 513. My boyfriend added me as an authorized user on his BofA credit card that he has had since 2002 with no lates, and very low utilization. The card is reporting on all 3 of my credit bureaus and has boosted my score tremendously! In addition, I have been actively paying off other debts which I am sure is aiding in my credit score boost as well. There are still a few accounts that I have paid off that are not yet reporting the updated information, one being an old AMEX account that had a 10k balance that I paid off at the beginning of this month, and two AFNI collection accounts that I paid off yesterday! I recently even had success on a PFD letter on a medical bill that I paid in full.
Its looking like I will officially be debt free (minus my student loan) no later than June of this year....woot woot!!!!
I am SOOOO proud of me, and I can't wait to see how my score continues to improve! I will be getting a secured credit card from my bank in the next month or so and will only use it for gas, and a few smaller things that I will be sure to pay off every month.
I just want to thank all of you for the great advice, and words of wisdom you all share on this site!!!
02-18-2011 11:24 AM
Hi and welcome to the forums,
No lurker no more, welcome to the myfico family.Congrads on paying down your debt and soon to be debt-free.
to you!!! Thank you for your story,wow 70pts thats great.!!
Well now since you are registered and no longer a lurker, I'll see you around on the forums.
02-18-2011 11:29 AM
Thanks so much!!!
If anyone has any advice on how to continue to raise my score such cc usage etc, I would greatly appreciate it. Getting back into the cc game scares me b/c I don't want to do anything to hinder my progress. Thanks in advance!
02-18-2011 12:16 PM
I'd finish the bad debt off before I looked for additional cards, personally.
Make sure you've opted out at optoutprescreen.com
And keep up the good work!
02-18-2011 12:48 PM
Thanks Mauve! I am only going to do the secured card through my bank for now, until I have completely eliminated everything. Once that's done, I don't plan on applying for any additional credit in the immediate future.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.