06-05-2009 08:19 PM
First of all, I'd like to thank all of you guys who helped me in the past few months. Since being introduced to this site in February/March, my FICO score jumped from 588 to 622. Not sure how this happened, but I noticed that a few items fell off of my cr, and I got a loan from my cu of $500.00. I know that I have a long way to go before I hit the 700 mark, but I am more than confident that I will reach my goals before the years end. Again, THANK YOU ALL FOR YOUR TIME, PATIENCE, AND HELP.
06-06-2009 11:59 AM - edited 06-06-2009 12:02 PM
Thanks. I can finally post my score without feeling all that bad. Progression, that's what it's all about. One question though, at which point does the lenders see you as a not-so-bad borrower. I've read many things, ie:
620, 650, and even 680. Thanks for the reply.
06-06-2009 12:33 PM
06-08-2009 08:52 PM - edited 06-08-2009 08:52 PM
Ok, after some pondering, I have to ask a simple question.
Should I apply for a CC (nscc or scc), or just let the line of credit that my cu gave me be the driving force in building my credit. Right now I'm showing that the status on my line of credit is "Paid as Agreed", which it is.
At the moment this in formation is only showing up in my TU report.
Any information would be greatly appreciated. Thanks.
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.