Reply
New Contributor
hopeful23
Posts: 94
Registered: ‎06-29-2012
0

What else can I do to increase my credit score?

Long story short, I didn't care about my credit for a long time. Very wrong, this I know.  I am now older and a lot wiser (thank goodness), I haven't had any negative items on my credit report for 4-5 years. I had a few things on my report that wasn't accurate so I disputed those 3-4 months ago. My score jumped from the low 500's to nearly 600. I just recently paid off the 4 unpaid collections accounts on my credit. I also have a secured credit card now.....

What else can I do to improve my credit? (All negative items have now been paid in full)

Starting Scores: EQ – 492, TU – 508, EX – 507 (Lender pull March ’12)
Current Scores: EQ – 591 (FICO), TU – 623 (FICO), EX –623 (CS), CK - 621
Goal: 700+ AND no baddies!

Current Cards: NFCU $4000 CL, Cap One $300 CL (secured), Cap One $300 CL. & an NFCU car loan for $18,500
Valued Contributor
Repo-ed
Posts: 2,960
Registered: ‎02-09-2012
0

Re: What else can I do to increase my credit score?


hopeful23 wrote:

Long story short, I didn't care about my credit for a long time. Very wrong, this I know.  I am now older and a lot wiser (thank goodness), I haven't had any negative items on my credit report for 4-5 years. I had a few things on my report that wasn't accurate so I disputed those 3-4 months ago. My score jumped from the low 500's to nearly 600. I just recently paid off the 4 unpaid collections accounts on my credit. I also have a secured credit card now.....

What else can I do to improve my credit? (All negative items have now been paid in full)


Have 2-3 secured cards, and let them garden.

 

Send GWs to try and have any CO removed.

5/2012: 560 credit scores across the board and $500 secured CC
12/2014: 750+ scores across the board and $80k in revolving credit

Get those baddies removed!!!
New Contributor
hopeful23
Posts: 94
Registered: ‎06-29-2012
0

Re: What else can I do to increase my credit score?

Thank you, and I'm sorry I'm new to this site and have found a lot of helpful information. But what is a GW?

Starting Scores: EQ – 492, TU – 508, EX – 507 (Lender pull March ’12)
Current Scores: EQ – 591 (FICO), TU – 623 (FICO), EX –623 (CS), CK - 621
Goal: 700+ AND no baddies!

Current Cards: NFCU $4000 CL, Cap One $300 CL (secured), Cap One $300 CL. & an NFCU car loan for $18,500
Valued Contributor
AndySoCal
Posts: 1,952
Registered: ‎04-07-2009
0

Re: What else can I do to increase my credit score?

GW means goodwill letter I would send them to the collection agencies  asking them to delete their reporting fo your acocunt to the bureaus. You can use for other things as well. Thieir examples on the formum.

Equifax My FICO score 815 5/28/2012, 818 on 7/28/2014 . Average of Accounts 12 years and no Installment accounts. MyFICO TU 810 6/26/2012 809 4/21/2013 MyFICO XPN -805. 2/26/2014 Discover TU FICO 813 App free since 9/2011

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}