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04-08-2013 10:00 AM
Goal for April is to pay off one credit card and NOT TOUCH IT (I think I'm going to have to hide it. Having it in my wallet is too tempting) and get the other card down to <$4000. It was $6200 2 months ago, so I have hope that by the next statement I can pay enough to get into the upper 3,000. I hope. Want to get this card paid off!!!
04-08-2013 11:15 AM
Hello fellow challengers! I wanted to do a quick April update. Things have gone very well since I started the FICO fitness challenge! I have really been monitoring my credit, and aside from doing stupid things like applying for credit cards to get discounts, I have been very well. My starting scores for March was 588, my score as of today is 594. This would be for Equifax. My TransUnion score is sitting low at 555 - there has been zero movement.
I have paid off several credit cards and have a couple of more left; with the exception of a line of credit for a mattress we purchased, which will be paid off in 10 months, all of the other credit cards will be paid off by the end of May. I am not closing any accounts, but I am going to take the cards out of my wallet and store them at home. I am hoping that will give my score a boost for the month to push me up into the 6's. I am wondering how I track my Experian credit score? I have access to TransUnion, Equifax, but no Experian. Could anyone let me know?
Thanks everyone, good luck to you all this month!!!
04-08-2013 01:50 PM - edited 04-08-2013 01:51 PM
I don't get out of the CC forum much, and I just found this thread - nice for accountability. Last year I made periodic updates in the goal thread, but nothing this year. So I'm back in...
Goals for the year are to continue to pay down my CC debt to $0. I still owe about $6000; however, that's all on a 0% card for the next 18 months, so I'm in good shape with that.
The other thing is that I just went on a major CLI spree and opened a new card in the past couple of weeks. When everything reports I will have an overall utilization (on one card) of around 5%. That will help maximize my score, but the inquiries and new account reporting won't. So, my goal for the year is to let everything age, have no more inquiries, and pay off my revolving debt. I'm hopeful that I will be able to meet my 760+ goal if all goes as planned.
04-08-2013 03:33 PM
Decided to start the challenge. Started repairing credit almost a month ago when my Lender gave me the depressing news that I wouldn't qualify for a loan. My goal at that time was to fix it as fast as possible. Since then I removed three delinquencies from my credit reports. All three were from GECRB. One 60 day from Rooms To Go from 2010, One 30 Day from Amazon from Jan. of this year and my most recent which gave me a forty one point increase from February.
My goal right now is to get my utilization down. I have three credit cards right now. My Chase card is about 50%. My Best Buy Cap One Card is 80% and My Mastercard is about 50%(though last month it was 95% and it hasn't reported yet so looking for a score bump then too). Would like to get my Mastercard fully paid off and my Best Buy down to 25% and Chase down to 25% within the next couple of months.
This fourm has been very helpful!
04-08-2013 05:16 PM - edited 04-08-2013 05:17 PM
The months are moving right along! I am happy to report progress with a judgment on my credit file. Hopefully in 30 days, my dispute will be over since the case was dismissed. On to the next entry, one step at a time.
04-09-2013 03:50 PM
In Feb. I did the following:
The Results of February's great work:
TU: 532- up 8 points
EQ: 542- up 38 points
EX: 579- up 19 points
Last inquiry: Sept 2012
5 Collection accounts ($3,300)
What actually happened in March:
The results of March’s roller coaster: 4/9/2013
TU: 571 - up 39 points
EQ: 583 – up 41 points
EX: 595 – up 16 points
House ..... Here I come...
Enough Income……... check
Down payment……... check
Credit..........................Hummm..... .. awh heck ...At least I'm on track.. LOL 45 to 69 points to go
04-09-2013 04:46 PM
March was a pretty good month for me! All of the CCs that were paid off in Feb are updated and I saw a great score increase. I finally checked my actual FICO scores and I was at 673 TU and 631 EQ. Which is wonderful considering when I got my FAKOs on the EQ site I was 557 TU, 534 EQ, 557 EX in Feb. I'm getting things in order to apply for a mortgage. As a matter of fact I'm applying tomorrow. I'm a little nervous but I know where my scores are, I've researched the options available, and the information I've gotten on the forums has been so helpful. So wish me good luck!
04-09-2013 10:36 PM
I saw your post and was just wonderding if you had all of those cards and if so, do they all have balances? I would like to put cards on my signature too. How do you determine that it is time for Gardening?
04-10-2013 10:28 AM
Moving along pretty well this month. Just saw that my EQ jumped a few points to 738. 6 Months ago I was mid 600's across the board and am now in the 700 club as a result of reading and following suggestions on this board. We are in the process of a mortgage, so the raised scores ahve really helped the process. Have come a long way from a 606 two years ago!