Credit Card Center Advertiser Disclosure

Reply
Established Contributor
Posts: 772
Registered: ‎07-19-2007

Re: January 2016 -=- Check In


margotandzoey wrote:

After my divorce finalized last year, I was left with years of debt in my name. This month, I moved in with my parents for a year to help have the extra funds to pay down some debt! Started out January 1st with $27,362 in credit card debt (12 cards), $87,135 in student loan debt (just consolidated and started on the PSLF), and $1923 owed on my car.

 

Just this month, I was able to pay off my two smallest credit card balances. It's a small victory, but I am excited about having less bills and getting this debt under control. My student loans will not decrease very much, but I'm starting the PSLF program and in ten years should not have any loans to worry about.

 

Good luck to everyone in 2016!


I say stay with your parents as long as you need to! Good luck on your journey! 

Goal Card
Goal Score: 800 Across the Board

Valued Member
Posts: 33
Registered: ‎12-25-2013

Re: January 2016 -=- Check In

This year I hope to remove some collections and get some unsecured credit cards!


Starting Score: 562
Current Score: 562
Goal Score: 750








Starting Score (10/13/15): EQ:489 | TU:409
Current Score (01/21/16): EQ:562 | TU:595 | EXP:578
Goal Score:700
New Member
Posts: 1
Registered: ‎01-20-2016

Re: January 2016 -=- Check In

[ Edited ]

I've been lurking here for a while, finally decided to get my financial health back on track last month! Just landed a new promotion and a lot more money, so I feel I can finally work toward something here.

 

Goal 1: Monthly check in here!

 

Goal 2: Get rid of baddies by 06/16

 

Goal 3: MC and VISA unsecured approvals by 06/16

 

Goal 4: FICO increase to 700 by 12/16

 

Just had my fiancee add me to a few cards as AU, and my score increased 100pts in a month! Still waiting on TU score to update though. Do they usually take a while?

 

Good luck to everyone this year!

 

 


Starting Score: (12/15) EQ 502 TU 504 EX 502
Current Score: (01/16) EQ 604 TU 504 EX 604
Goal Score: (12/16) 700
Regular Contributor
Posts: 141
Registered: ‎09-13-2015

Re: January 2016 -=- Check In

raised my score from 525 in september 2015, to 655 current score, a lot of hard work and lots and lots of reading, put a boat load of money in the back by setting a budget and living within it, later this summer i hope to buy our 1st house, working and watching score daily not to make same mistakes i did before... Man Surprised

Frequent Contributor
Posts: 296
Registered: ‎05-06-2015
0

Re: January 2016 -=- Check In

For 2016 my credit goals are to lower my utilization on all cards. Im sitting at about 92% all cards combined. I have two satisfied tax liens that became satisfied on October 2015. All, I can do is let them age because New York City is a pain in the a** when it comes to removing tax liens. I also have 3 late payments on my student loans from Navient. It was my mistake and they refuse to remove them so again something else I have to let age. All I can really do is lower my utilization to bring up my scores...My goal is to get my scores high enough to get my dream cards which are the Venture Card and the Amex BCE card. Venture card to use for my trip to Greece in June 2017 and Amex of course for groceries. Now that 2015 is behind us I see lots of improvements...We just climb from the top from here on out 3 Snapz...Best of luck everyone



Starting Score: 525
Current Score: EX 622 TU 648 EX 618
Goal Score: 700

My Fico Challenge starting 2016
New Member
Posts: 1
Registered: ‎01-24-2016
0

Re: January 2016 -=- Check In

Hello! 

 

Im checking in.  I am post BK discharge 11/2015, 2 months ago.  I am on a mission of getting my credit in tip top shape.  My current scores are EQ: 503, TU: 491, and EX: 479....

 

Tomorrow I move in my new apartment and this is my new beginning.  

 

I have been reading lots of success stories with folks raising their score in a short amount of time.  Please give me all your sound advice as Iam starting today.  My goal is 825 or higher in 24 months or less. 

 

Thanks, 

Jamie


Starting Score: 520
Current Score: 500
Goal Score: 800


Established Member
Posts: 15
Registered: ‎02-14-2011

Re: January 2016 -=- Check In

I did this challenge in 2011 and didn't really keep up with it, but I've always monitored my reports and scores.  A few years ago I was below 500 and now my Equifax score is 730.  I never thought I'd see that number.

 

I started paying off my $13K+ credit card debt using the snowball method - most of my cards (over 7) were/are retail cards - I'm down to a little under $10k now with a $21k student loan and I'm leasing a car which will be up in August.

 

I'm now down to two credit cards:  Macy's and a bank Visa card.  My fiancee allowed me to transfer my $3k Macy's balance to his credit card because he had a zero balance and they offered him 0% introductory APR on balance transfers for a year (with the method at which I'm paying off my Macy's card it will be at zero in 6 months).  Not to mention his credit score is well above 770.

 

Once that is done my focus will be on the bank card with a $6K balance - with the snowball method it will be done in 9 months.  Then I can take all of that money and pay off the student loan.

 

We plan on getting married some time next year and hope to buy a house in 2-3 years so I need my score to match or be higher than his when that time comes.  The biggest challenge for me was NOT SHOPPING.

 

Best of luck to everyone.

 

 


Starting Score: EQ 766 TR 767 EX 754
Current Score: EQ 807 TR 766 EX 750
Goal Score: 800 across the board


Valued Contributor
Posts: 1,098
Registered: ‎04-24-2014
0

Re: January 2016 -=- Check In


Mizsporty wrote:

Hello! 

 

Im checking in.  I am post BK discharge 11/2015, 2 months ago.  I am on a mission of getting my credit in tip top shape.  My current scores are EQ: 503, TU: 491, and EX: 479....

 

Tomorrow I move in my new apartment and this is my new beginning.  

 

I have been reading lots of success stories with folks raising their score in a short amount of time.  Please give me all your sound advice as Iam starting today.  My goal is 825 or higher in 24 months or less. 

 

Thanks, 

Jamie


Welcome aboard.  Be sure to check into the re-building thread with questions and to see the advice already available.  Also check out the BK to 700 thread.

Original Mortgage maturity Sept 2044; Refi maturity Dec 2030
Starting Score: EX 751 EQ 720 TU 737 on 4/9/14
Current Score: EX 849 EQ 835 TU 843
Goal Score: 850


Take the myFICO Fitness Challenge
New Member
Posts: 2
Registered: ‎05-27-2015
0

Re: January 2016 -=- Check In

Just wanted to check in - my goal from last year was to have 760+ mortgage scores and (hooray!) as of this week I just hit 761 as my middle score!  My husband (formerly of the 500's FICO club as of two years ago) hit 760+ two months before me so we are now both in good shape after two years of hard work.  For 2016 we will start slowing down (not stopping!) our agressive debt payoff and shift our top priority to building up our savings for a house down payment, closing costs, etc.  We have to move in August and since we know we are staying put for at least 15 years it would be SO NICE to *buy* a house and move ONCE instead of renting and then having to move again!  


Starting Score (5/27/15): Mortgage Scores: 709 (EQ), 715 (TU), 718 (EX)
Current Score (1/23/16): Mortgage Scores: 755 (EQ), 769 (TU), 761 (EX)
Goal Score: 760+


Take the myFICO Fitness Challenge
Senior Contributor
Posts: 5,488
Registered: ‎11-13-2012
0

Re: January 2016 -=- Check In


mandy1313 wrote:

Just wanted to check in - my goal from last year was to have 760+ mortgage scores and (hooray!) as of this week I just hit 761 as my middle score!  My husband (formerly of the 500's FICO club as of two years ago) hit 760+ two months before me so we are now both in good shape after two years of hard work.  For 2016 we will start slowing down (not stopping!) our agressive debt payoff and shift our top priority to building up our savings for a house down payment, closing costs, etc.  We have to move in August and since we know we are staying put for at least 15 years it would be SO NICE to *buy* a house and move ONCE instead of renting and then having to move again!  


Congrats on the excellent work and good luck in finding your dream home 😄😄

Move the mouse over the cards for detailed view!
....Last HP 01 NOV 2016...............

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.