I can't even describe in words how I feel right now. Started off in the low 500s across the board. Pulled all my credit reports in June 2012 and started tackling all the baddies one by one. From everything I've learned on the board I have seen credit increases happen before my eyes! Mainly due to credit utilization and disputing incorrect info. Currently waiting to see increases on my GW and PFD efforts. Speaking of which:
Received response by mail that one of my GW for old paid medical collection will be deleted from all three bureaus! GW really does work!! Success!
Received confirmation from a PFD that they will delete from the bureaus the entire trade line. Success!
Applied for an Express store card on 10/8 and got the 7-10 day msg and thought I was denied so didn't think anything of it. Checked my EX today and saw them listed under my accounts and thought WTH? Turns out they approved me for a $250 credit limit on 11/3 but hadn't mailed out the card yet. So happy! That's my favorite store lol! Success!!!
Last but not least, I was approved thru cap one blank check program for 13.55% up to 30K. Decided to go "looking" because I haven't received the check yet and ended up at Infiniti. They pulled me and were able to beat the capital one rate so I got a new car!!! 2012 Infiniti G37 Coupe!! Success!!!!!!!!!!!
Ok so now I'm going to "garden" (finally understand what that means!!). We are trying to get in position to buy a home as first timers but not for another 2 years. Plus from these new accounts and inquiries, my scores most likely need a bandaid by now. I still have a long ways to go on scoring (TU 655, EQ 565, EX 604) but just happy to know I'm doing something right!
Starting Score: 565 Current Experian Score: 634 (Lender pull) Current Equifax Score: previous 668, 680 as of 11/12/13 lender pull Current Transunion Score: previous 675,677 as of 09/23/13 Goal Score: 750 Take the FICO Fitness Challenge
First time doing this. Question is my credit was destroyed years back and for past two years I have been working to rebuild. Have cap ones @ 500 and 750 limits two first premier and orchard with 300 limits Macy's with 100 and Bloomingdales with $1,000 limit. Recently charged up to 80% utilization. How much will it improve my score by paying them all off?
Well I can tell you my experience and at least you'll get an idea. My utilization was 85% on the three cards I had. I paid down all three balances by the due date and didn't charge on them until AFTER the statement cut because I wanted them to report my paid down balanced to the bureaus. I went from 85% utilization in Sept to 15% utilization in October. My TU went from 582 to 631, EQ from 515 to 522, and EX from 587 to 600 (FAKO). Not sure if the jump came from just decrease in utilization or a combo of utilization and some deletions. Maybe some experts can chime in and give you some specific pointers.
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+ Take the myFICO Fitness Challenge 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!
June 2017 update: All scores over 820, just pure gardening now.