02-28-2013 07:59 PM
That's such a heavy drop for a single purchase! I'm guessing it's because of the high ration of credit utilization? (I'm trying to figure out all this!) I'm sure you'll have it right back up in no time!
02-28-2013 08:08 PM
Actually it dropped from 760 to 703 and to 689. But now it's back to 703. It was all within 2 weeks. Please if somebody is in the similar situation or know the average time for a score to increase.
03-01-2013 01:15 AM
I hit 750 this month (after flirting with it late last year). I'm hoping to hit 800 this year, though that is probably a pipe dream, so I can get a better rate when I buy a house next year. Until then, I'll be gardening except for requesting a CLI on my PenFed card once a couple raises go through over the next few months.
03-01-2013 07:51 AM
Can you explain to my how to start the myFICO Fitness Challenge? I went into my profile and replied to this topic. I have a lot of questions about how to manage my credit information on this site. There is some way that I can update information on my FICO reports, besides disputing it with the credit bureau? I paid off some things on my credit report but it seems that if won't affect my credit score. I am trying to raise my credit score but I have no idea how to do it. Also, under the credit stimulator it states that I have a certain amount of debt in Revolving/Open Account but how do see what actually those accounts are that is determining that total?
03-01-2013 09:22 AM
In the original post there's a link. You'll find an HTML (I think) code that you copy/paste into your "signature", which is located somewhere in your account/profile settings. You just take out the part of the code that is the number for the pre existing scores and put in your credit score information, should you desire to. If there's anything beyond that, I'm not aware of it yet.
03-01-2013 05:35 PM
Goal 1: Refinance my house to lower my payments and hopefully dump the PMI
Goal 2: Significantly reduce the credit card debt that was a direct result of buying my house.
Goal 3: Increase credit limits on my current cards but not until the refi is complete.
03-02-2013 04:37 AM
Hello I'm new here and my goal for this year is of course to clear up my credit report I have of out 4 items on here I would like to get removed. I would like to start looking for a home for my blended family of 5. And I only have a little debt so I should be on my way
03-02-2013 04:47 AM
Can't figure out how to add the siggy
03-02-2013 12:27 PM
My goals are:
1) Pay off debt.
2) Have at least 2 months salary saved.
3) Improve credit score.
4) Buy a house.
03-03-2013 08:22 AM
My name is Antonio and I have been going up in down in my fico scores for almost a year now. I am 25 and like most I made credit mistakes in college which I am now paying for! I currently work and can start paying off these accounts but I want to do it the best way possible. I went up to a 630 fico score but then back down to this 598 due to high balance on my secured credit card for some time now. I have students loans totaling 145+, a 120+ and a 90+ day late (which I have sent letters to both Sallie Mae and Direct Loans to try to get removed to no avail), 4 accounts in collections for years now. I just need to know where to start to get my credit score up. I just want to be able to get a decent credit card with rewards. I will pay off my secured card this month and leave it with a low balance. Should I start paying off the collection accounts? Do I work out a payment plan with them? I paid off a few accounts already I use to have 7. What will help me to get my credit up quickest? I want to get a venture card and a loan for a car with the best interest rates by the end of this year! Any advice would be appreciated!
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