I came to this site at the beginning of summer, with one card $5K CL with 69% util and 8 unpaid medical collections. Since then… (4) of the collections have been paid/deleted (3) paid and closed (hospitals have in house collections that will not delete, but I’m on my second round of letters to the hospital CEO’s...figure it can’t hurt to ask…and ask every 20 days) and the last collection legitimately may not be mine so am working on getting verification of account.
In July I opened a Cap1 QS $1,000 and Cap1 Plat for $2,000, I let the Plat report once at 7%, it has just reported again at $0 and will continue (I don’t use this card). The QS I got in July but just reported in August. I use it daily, but it reports at $0. Credit Union Visa was paid down, and I got a CL increase from $5,000 to $7,500 so my overall util now reports at 7%. I don’t have a mortgage…yet, but have all on time payments with student and my one installment loan.
Hopefully my scores show in signature line, but I’ve seen some improvements, including a much needed 60point boost in my TU mortgage score (which is the score my credit union lender pays closest attention to). While my Fico 8’s have averaged a 33point increase, these same actions have resulted in a 1 point decrease in my Experian mortgage score.
Score watching and predictions can be wacky…but I’m learning from this site and others to implement sound credit management principles. I have (4) months to settle and let the scores improve so my tier for interest rates can improve when I apply for mortgage in January. I’m certainly open to any advice or insights
Thanks!
July 1/Sep 4 EQ TU EX
Fico 8 632/669 651/678 639/673
Mortgage: 620/649 612/676 647/646
