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New Member
Huds0nvalleygirl
Posts: 6
Registered: ‎08-21-2013
0

Re: August Check In Thread

[ Edited ]


Shogun wrote:

Huds0nvalleygirl wrote:

Hello -- I am new here.  I am really happy that I have begun this journey toward excellent Credit.  I continue to make much better decisions concerning my personal finances each day. My score is not where I want it to be but I have faith that I will reach my goal thru persistence and patience.  :smileyhappy:


I'm certain you will too.  So get in here and get your feet wet!


Thank you for the encouragement.  I am ready to get my feet wet! :smileywink:

 


Starting Score: 527
Current Score: 582
Goal Score: 800


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New Member
Huds0nvalleygirl
Posts: 6
Registered: ‎08-21-2013
0

Re: August Check In Thread

[ Edited ]

I am eagerly looking forward to learning from all of you Credit-healthy people! :smileyvery-happy:


Starting Score: 527
Current Score: 582
Goal Score: 800


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Established Member
jeremy032180
Posts: 12
Registered: ‎01-26-2011
0

Re: August Check In Thread


Shogun wrote:

jeremy032180 wrote:

I'm still sitting at 663.  I tried leaving a 5% balance on my cc and it seemed to do nothing.  Next month I'll try leaving 7% and see what that does.  

 

Right now I have one secured card and 1 auto loan under 5k.  I get a lot of mail from credit card companies like American Express, Citi, etc.  I could use a new computer so I'm tempted to get a card at Best Buy or even a Visa/Amex/etc but I'm scared the limit will be low (I make 40k a year) and I'm scared of what the ding on my cr will take.


You will take a ding, but those dings are necessary.  If you have a thin file, it doesn't let your CR grow as much.


Thanks for the words of wisdom.  Any suggestions on what kind of credit I should apply for as far as 'real' credit card like Amex/Visa/Mastercard vs a retail store card like Dell or Best Buy?


Starting Score: EQ - 618
Current Score: EQ - 663 TU - 668
Goal Score: 750


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Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
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Re: August Check In Thread


jeremy032180 wrote:

Shogun wrote:

jeremy032180 wrote:

I'm still sitting at 663.  I tried leaving a 5% balance on my cc and it seemed to do nothing.  Next month I'll try leaving 7% and see what that does.  

 

Right now I have one secured card and 1 auto loan under 5k.  I get a lot of mail from credit card companies like American Express, Citi, etc.  I could use a new computer so I'm tempted to get a card at Best Buy or even a Visa/Amex/etc but I'm scared the limit will be low (I make 40k a year) and I'm scared of what the ding on my cr will take.


You will take a ding, but those dings are necessary.  If you have a thin file, it doesn't let your CR grow as much.


Thanks for the words of wisdom.  Any suggestions on what kind of credit I should apply for as far as 'real' credit card like Amex/Visa/Mastercard vs a retail store card like Dell or Best Buy?


Well, I can tell you how I started, and it exploded from there.  I started with a GE card, Walmart to be exact.  I used it and paid it off monthly, plus I got my free monthly TU FICO 08.  Then I got another GE card, Lowes.  I shop there and I got 5% off at the register for using the card.  Again, used it and paid it off.  I gardened these for a few months, then the offers from other companies were hitting my mailbox daily.

 

It will be a year next month since I started with that first GE card.  Now I have well over $60K in CCs with a 2% util.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Member
himynameis
Posts: 9
Registered: ‎03-22-2013
0

Re: August Check In Thread

Well I haven't been keeping up on posting my progress for the challenge but I have been working on it very hard the last months. I have to say I'm very proud of myself for getting as far as I have in such a short time. I'm 8 months post Bankruptcy and before the BK I was at high 400's or low 500's at best across the board. Now, I'm not as high as I'd like to be but I know I'm making progress. 515 EQ 552 TU and 648 EX (pulled by CU). I have A LOT of work to do but I've opened 2 credit cards - one being UNSECURED with a $500 CL with my CU - which I think is awesome! I had it secured with a deposit of $200 and this past month got them to graduate it and increase my limit. Whoo hoo! Go me! And besides that, I had one of my auto loans refinanced from 18% to 9.25% at a local CU. After only 6 payments :smileyhappy: Better news is today I was approved for 7.24% refi on our second auto loan which was at a whopping 23.99%!!!!! This was only after 4 payments! I'm so excited! So now to sit and let it grow because my next goal is a mortgage approval!


Starting Score: TU488 EQ470 EXFAKO585
Current Score: TU552 EQ515 EXFAKO598 EX648CUpull
Goal Score: TU620 EQ620 EX675


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Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: August Check In Thread

@himynameis

 

You have done an excellent job!  Keep it up and you'll be in that new home in no time!


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
New Contributor
makeupho
Posts: 54
Registered: ‎02-18-2013
0

Re: August Check In Thread

hi all...
i finally got one of mine above 700, but still working on the other 2. i'm happy that EX is on myfico now.
i need to call TU because they say I was late on a payment 2 yrs 1 month ago, but nothing in my individual accts reflects that.
we have 6 pymts left on a 5yr BK13. it's nice to finally see the light at the end of the tunnel. hopefully next summer we will be able to replace both of our cars and get into a 30yr fixed mortgage.

Ch13 filed 3/2009 : discharged 1/2014
Starting 2/16/2013:
EQ673 TU667
Current 9/5/2014: EX646 EQ674 TU658
Goal: 750

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Valued Contributor
creditnocash
Posts: 2,255
Registered: ‎07-23-2012
0

Re: August Check In Thread

a little late for august check in but oh well. 

 

Firstly, ill be working on util from now until the future. (my goal is too pay everything off) 

as of the 30th of this month ill have no inquries under a year. 1 new account in december(but no pull was used) 

 

ill be gardening until jan anyways. (where then my old inquries from last year will start too fall off. 

 

happy fitness challenge everyone. 

stay strong. 

 

Current: Discover Fico 701 10/14 Walmart Fico 689 9/14

Inquiries (24 Months): EQ 3 TU 0 EX 0 | Most Recent: 09/26/2014


2014 Goals:
Lower Utility
47%(OUCH!!)
Freedom Signature

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$2900
Citi Diamond Preferred$6000
Citizens Mastercard$7000
Moderator
09Lexie
Posts: 26,593
Registered: ‎09-13-2012
0

Re: August Check In Thread

Boy, I almost missed checking in! My scores are going up due to inq's/accts aging and util dropping. I added a few TLs as an AU but other than that no new inq's for me.
Established Member
jdl3
Posts: 22
Registered: ‎07-27-2013
0

Re: August Check In Thread

Im a little late on the August check in but here is my current progress.  Got a deletion from all CR's for two collections which were paid to the origional creditor

Lower CC utl to 33%, currently at 82%

Continue to GW closed collections which are paid in full

2 charge off student loans with Keybank which are 10k total and making 300 mo payments

 

Current credit cards are Capital one plat: BAL 1535, credit limit 2000

                                    Discovercard: BAL 2700, Credit limit 3000

 

Its a work in progress but im up for the challenge.  Gotta concentrate on my CC utilization next.

 

Thanks to all for their great advice and knoweldge. 

 

 


Starting Score: EXP 621, EQF 558, TU 570
Current Score: EXP 661, EQF 661, TU 644
Goal Score: 700 across the board


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Goal: 700's across the board
starting 7/27, exp 627 equif 558 Trans 570
12/17/13 exp 640 equif 593 Trans 626 lender pull

Wallet: Capitalone Plat, Amex Blue, Amex Corp, Discovercard


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