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Valued Member
Posts: 35
Registered: ‎12-09-2012
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Thinking about gardening for a while...

On June 27,2013 I became a home owner and I am sooooo elated.  After closed I applied for a few cards and were approved.  I am thinking about gardening for 6 or so months because I know when the morgage hits my credit report It will take a dive.  Below are my accounts.

 

Home Zone Furnature Account $1500 (will show was a loan)

Target $200.00 Utlization 0%

Walmart $900.00 Utlization 0%

HomeDepot $1500 Utlization 0%

CaptialOne Standard Plat $500.00 Utlization 0%

CaptialOne Plat $1000.00 Utlization 5%

OrchardBank (Soon to be CaptialOne) $320.00 Utlization 3%


I am hoping to be in the 700 or so club because I want to refiance my 16.5% apr on my vehicle to get a better rate...

 

Thanks again you guys rock...

 

Moderator
Posts: 22,406
Registered: ‎01-17-2008
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Re: Thinking about gardening for a while...

Valued Contributor
Posts: 2,660
Registered: ‎04-25-2011
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Re: Thinking about gardening for a while...


darkknight74 wrote:

On June 27,2013 I became a home owner and I am sooooo elated.  After closed I applied for a few cards and were approved.  I am thinking about gardening for 6 or so months because I know when the morgage hits my credit report It will take a dive.  Below are my accounts.

 

Home Zone Furnature Account $1500 (will show was a loan)

Target $200.00 Utlization 0%

Walmart $900.00 Utlization 0%

HomeDepot $1500 Utlization 0%

CaptialOne Standard Plat $500.00 Utlization 0%

CaptialOne Plat $1000.00 Utlization 5%

OrchardBank (Soon to be CaptialOne) $320.00 Utlization 3%


I am hoping to be in the 700 or so club because I want to refiance my 16.5% apr on my vehicle to get a better rate...

 

Thanks again you guys rock...

 


It won't take that much of a dive. FICO likes to see mortgages :smileyhappy:

 

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 09/14: TU: 784 | EQ: 752 | EX: 784
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession


Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $13900, Citi/Home Depot $8500, Capital One Cash Rewards $3500, BOA $7500 Total Utilization: 3%. AAoA: 2yr, 9mth. INQS: 1 TU, 1 EQ, 3 EX

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