@spike69 wrote:I have been cleaning up my credit since the start of 2014. Slow, slow, slow progress.
Scores are up but still very low. I think that is a mix of AAoA and no revolving debt. I have three baddies on my CR- all COs and all Fally of 3/2015.
I spent $$ to get my utilization down to lower than 20% but no huge bump. I currently have a $1000 Cap One a $300 FPB reporting- no lates.
I do not see that I will get any CC love at this point. I am limited with $$$ to spend on secured as I used savings to reduce utilizaton.
Thoughts or ideas on best next steps?
Thanks
If those COs are scheduled to drop 3/15 I would be starting GW letters to them in an attempt to get them off earlier. If your good CCs are paid off and revolvers are still showing a balance then its coming from the COs (assuming they are unpaid).. I would continue to use the cards you have now and build some history while you are working on the COs. I would not open any secureds at this point as you have already qualified for unsecureds.
