02-18-2012 10:47 PM
LOL, leave it to me to ask a question that stumps a Mod! Thanks & I'll patiently await your answer.
By no means is this the first time I've been stumped and surely won't be the last!
02-19-2012 03:49 AM
Congrats on your graduation!!! Welcome aboard!! You are close to your goal, I'm sure you will be able to get that new car and with a good interest rate.
02-19-2012 08:19 AM - edited 02-19-2012 08:26 AM
After committing time to gaining knowledge here on myfico I was fortunate to be added as an AU on a family members Chase freedom card in July 2011. I pulled my credit in December 2011 on TU and had generated a 782 (of course these are just numbers when you have a thin file). I applied for and received a secure card then and had realized it was my only option.
On February 4, 2012 I had generated a score for EQ of 702 and decided to apply for the newcomer card with cap1 thinking I would still get the same responses "Denied" but was approved for a 1k tl.
My 2012 goals: Nurture the cards I have paying on time each month No app's for new credit till the end of the year (prime card) Car loan with co-signer mid year (July birthday gift)
Ultimate goal: A first home buyer in the beginning of 2013 and a 800 fico score.... If that is at all possible.
Good luck to everyone and their goals. I wish you all success and look forward to reading about your accomplishments. It really is possible!!!
02-19-2012 08:54 AM
My only negative is utilization. I have taken advantage of some balance transfers on some current cards so I hope to reduce my utilization by 50%.
02-19-2012 10:23 AM
Thank you! Now, is there any way to keep my preferred font & color?
I have to redo it every time I post, I see...
I have an answer from an excellent techie here: "There isn't a way to set font preferences (size, color, etc) in profile at this time. It has been put in the suggestion box".
02-19-2012 08:19 PM
Well, I am a bit late in posting here this year. I have been mostly in gardening mode since the last Fico fitness challenge. 2011 was a decent year for my Fico rebuilding.
My EQ score got to 777 at one point. My Cap1 CO fell off on that report, leaving only one bad account reporting a max. of 90 days late. That one is due to fall off in April according to my annualcreditreport.com I got last year. My TU report is finally clean. My last TU98 score is in my siggy, but that was a few months ago. My EX is still reporting the Cap1 CO and the 90 day late account. Don't have a clue what that score is. My util. is slowly coming down, and should be below 30% when the last of my baddies fall off in April. My car and student loans will be paid this year. Kay jewelers closed my account as inactive, and that hurt me on my util. I maxed out on my Lowe's CL at 10K, but it is paid in full. I closed my Sam's Discover and transferred the balance and total CL over to my CU Visa with no transfer fees. I paid off a personal loan with my CU. I took out a new installment account with another CU for a ATV. My rebuilding hit 6 years this month. I'm a stone's throw away from my ultimate goal of 800. I'm working on making the next Fico Fitness Challenge the best one yet. Good luck to everyone, and don't give up. Rebuilding is a slow process with very few immediate rewards. They come slowly but surely, and getting to the finish line is the goal. It's a marathon. You have to pace yourself. Good luck to all!
02-20-2012 11:10 AM
Nothing but Good news!
My TU score went up 10 pts as of today 2/20/12. I only need 1 point now to make it to my 2012 Fico Score goal, YAY!!!
On a side note:
I also got a CLI increase on my HHonors AMEX from $1000 to $3000. Not much, but I didn't want to be greedy. I'll request another CLI in 6mos.
My CC util will be 26% down from 44% when I started this challenge once everything posts at the beginning of March.
Needless to say, I'm SUPER excited today!!!
02-21-2012 06:52 AM - edited 02-21-2012 08:29 AM
$71K total non-mortgage debt on CR (reality? over $85K between us)
1 baddie left (30d in DEC08)
Student loans (add $33K to above number)
8 yrs AAoA
13 accts with balances
Refi house in 2010 (15yr @ 3.75%)
Had done our first major cleanup in 1998. (DH had his dad's mortgage on his report!) Lots of bad stuff to fix from being young and irresponsible with our credit (as well as broke... LOL) Tune ups in 2007 and 2009. Waited patiently for all the baddies to fall off, and I am down to one, husband down to 2. Got the numbers up sufficiently to get a decent refi on the house in 2010.
remove myself as AU on husband's CC's (thanks to the boards- had not thought of doing that, but should help alot) (and vice versa for him too!)
aggressively attack the debt and be debt free in 2 years
monitor and control the spending
get FICO's up over 750
get better APR's
reduce number of accounts with balances
I have already gotten some great advice from the boards, and look forward to the 2012 challenge!
02-21-2012 12:06 PM
Hi, I am trying to get a 700 score.
We had to do a short sale.
1 secured visa with good pymt history.
1 car loan with good payment history.
Want to be able to get a car loan from a regular dealer.
Get a mortgage from a bank.
02-21-2012 12:43 PM