Well my credit building was kicked off in Jan 2016. I hadnt pulled my CR in over 12 years and knew the only thing on it was my closed Bestbuy Cap1 account from 2003 that had perfect payment history and was closed by me just before I enlisted in the military and my new student loans.
Since redeploying from OIF in 2006 after 18 months of combat duty, I was recruited to work in the Middle East. Been here since and havent needed to worry about my credit.
To my surprise in January when I had my CR pulled there was a chargeoff from 2010 (DFAS) $2122. I was freaked out and called them to discuss and they explained that as soon as its paid they will delete it. I knew from the research I had done that they would remove it once paid. I started making payments on it when others told me not too becauseit will hurt me. I want it off my report before summer otherwise if I let it fall off I will have to wait until possibly 2018 after the 7.5 year mark. Once my payments were reported I received a 23 point increase on EQ.
You can see my starting CS in my signature:
Was approved for BofA Secured Card, Discover Secured, Cap1 Journey (Im a Student), Cap1 QS1. When These reported to the Credit Bureaus my scored shot up into the mid 600's with TU currently at 675.
Do not lose hope, I am very impatient and have found my vice (Credit hunting/building). This has been very much an exciting journey that last month and I hope it will continue like this.
