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Valued Member
Reyesz
Posts: 27
Registered: ‎10-07-2008
0

Fico

I have a Fico of 639  How long would it take to reach my goal of 700? Ty for any feedback

Valued Contributor
madmann26
Posts: 1,440
Registered: ‎08-30-2012
0

Re: Fico

It's subject to what is on your report now, history, etc. There are a ton of variables that some in to play with how the FICO score is calculated. Do you mind sharing some of your details?

 

Utilization of revolving credit plays a huge part along with payment history. These 2 things account for 65% of your score (30% and 35%) respectively.


Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 705|EQ 690|EXP 698 (FICO)
What's in my wallet? Cap1 PLAT AU $1.25k; Cap1 Cash AU $2k; NFCU Siggy $23k; $4k WalMart DC; CFNA Firestone $2.2k; Amazon $2.1k; NFCU Cash Rewards $22K; AMEX BCE $18k; NavCheck $15k; Lowe's $10k; Citi DP $6.3k; AMEX ED $8.5k; Chase Freedom $4.5k
Goal Score: 700 across the board.
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Established Contributor
electra
Posts: 573
Registered: ‎10-21-2012
0

Re: Fico

Soooo, many factors here.  Depends on what's in your file, whether you are letting stuff age off or taking affirmative action to try to get things removed, the type of action you take, who you are dealing with, etc.   

 

If you'd like to post some more details about what's in your file I'm sure folks will chime in with suggestions.  :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


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Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Fico

+1 to both of the above.   "So proud of them"  :smileyhappy:


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Valued Contributor
p-
Posts: 2,633
Registered: ‎06-05-2008
0

Re: Fico


Reyesz wrote:

I have a Fico of 639  How long would it take to reach my goal of 700? Ty for any feedback


If you play your cards right, you can definitley break 700 in 7.5 years or less.

  8-12-14: FICO EXP: 797 - EQU: 734 - TRAN: 739 - AVG: 757 - +207 points from JUN 2008 - MY CREDIT JOURNAL


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