I posted previously to introduce myself. I had an identity thief decimate my credit, over-cleaned my reports and ended up with an unscorable file. After being added as a joint holder of two of my partners accts and a bit of gardening for a couple of years, my scores went from unscorable to 300's, to 500's and finally up over the magic 640 and we bought a home. Shortly after, I got a couple of store cards which further built my history, though they didn't bump my scores much.
I was supposed to be gardening after an app spree in Oct, but I got a pre-qual offer and took a chance. Since I was going to get hit with a pull anyway, I applied for a few cards. The result: 4 new cards with a total of $12k in NEW available credit to add to my previous $13k. I was also able to be quite aggressive in payments at the same time, and am feeling really good about the future of my scores, as I've already seen a big bump. I'll try to set up a signature line tonight, but here's how things look at this time:
12/17/13:
670(TU) 662(EX) Blank EQ (My Privacy Matters EQ pull not currently working)
44% Total Util, two cards >90%, two at 75-80% and three at 50-60%.
01/03/14:
724(TU) 657(EX) from MPM
700 FICO from BarclayCard
**scores do not reflect recent payments or 4 accounts now at 0 previously 50-90%
Spend data further below reflects these payments, so scores should change some more as accounts report.
Utilization and limits in order of account age:
Chase 0% of $1775 joint acct
Target 0% of $ 500 joint acct
Lane Bryant (Comenity) 22% of $1750
QVC 0% of $1700 - asked for a CLI to $500 in Dec 2013 they raised me to $1700! Previous CL was $190
Opened Oct 2013:
FNBO (Overstock) 64% of $3500
Best Buy 75% of $1000
Wells Fargo Care Credit 0% of $3600
Chase Amazon 0% of $ 500
Opened Dec 2013:
Wells Fargo Rewards ** 50% of $7000 - took advantage of balance transfer offer for 0% for 12 mos.
Torrid (Comenity) ** 0% of $ 350
Barclay Visa ** 0% of $2500
Macys ** 0% of $ 300
** are new cards
28% Total Util
Goal is score >760 by summer.
Plan of attack is to pay off Lane Bryant, Best Buy, then take Overstock and Wells down to below 30%, then 10% and ultimately hang out at about 2%
Any thoughts? Am I nuts to think I can achieve 760+ in six months?
Congrats!
Starting Score: 503