cancel
Showing results for 
Search instead for 
Did you mean: 

Take the myFICO Fitness Challenge for 2013!

New Member

Re: Take the myFICO Fitness Challenge for 2013!

Happy New Year everyone!

 

Im working on raising my FICO score this year. Starting with 702 trying to reach 800.

 

FICO simulator says pay down credit card debt.  Gotta make a plan and stick to it!


Starting Score: 702
Current Score: Equifax 702
Goal Score: 800


Take the myFICO Fitness Challenge
Message 91 of 735
Regular Contributor

Re: Take the myFICO Fitness Challenge for 2013!

Happy New Year! I am taking the Fitness Challenge for 2013 to get my financial house back in order. I started the forums a few years ago, raised my score 80+, purchased a new home, car, and obtained credit cards. I then began late paying the credit card and ultimately lost it. Smiley Embarassed 

 

I sold the truck I purchased and drove an older model vehicle without payments for several years. At this point, I just want the option of apping for a credit card or loan without worrying if I will qualify. So to sum it up I'm doing this for peace of mind. Smiley Happy

 

I would like to upgrade to a  larger home within the next three years. So I'm putting in the hard work now to make that goal a reality. Ultimately, by the end of 2013 I'd like a score of 650 or more AND Nordstrom's Card (my sanctuary).

 

 



Starting Score: 474
Current Score: 583
Goal Score: 650


Take the myFICO Fitness Challenge
Message 92 of 735
Established Member

Re: Take the myFICO Fitness Challenge for 2013!

My scores were above 800 last year, but I have found that does always assure good credit deals. I "used" my credit, and that reduced my score to the 750-760 range. (I used one of those 2% loans from my Discover Card to pay down my mortgage some - but nearly maxxed out that card to do it. It was an experiment really.) I am considering refinancing my mortgage, so I probably need to get my score back to 800 to get a good deal.
Message 93 of 735

Re: Take the myFICO Fitness Challenge for 2013!

3 Years ago I had a 505 FICO score. November of 2011 after 8+ years I was approved for my first credit card (Discover More) and a variety of others with 630 FICO. 2012 was spent putting the cards through plenty of use. And 2013 will be dedicated solely to paying them now and throwing them in the sock drawer. I hope to end the year with a 720+ FICO. Wish me luck and I'll see you at the finish line...


Starting Score: 505
Current Score: 654
Goal Score: 720


Take the myFICO Fitness Challenge
Message 94 of 735
Established Contributor

Re: Take the myFICO Fitness Challenge for 2013!

As far as my financial situation, I just feel like i'm too much into debt. I'm 22, and my fico score is pretty good. I've NEVER been late on a payment. But, in order to bring my fico score to my goal, I'm going to need to pay off more debt. However, I feel like I need to find additional ways to increase my income. Not only do I want my fico score to be 750, I also want to have higher limit credit cards as well as the Chase Sapphire Preferred. If I'm able to have that credit card AND bring my fico score up to 750, I'd be satisfied. In order for me to do that, I'd need to increase my income and decrease my expenses to pay off more debt.

 

Wells Fargo Credit Card: 868/3600

AMEX: NPSL

1st Financial Bank USA: 2819/4900

Citi Bank Thank you Preferred: 1991/2200

Chase Sapphire Reserve-10k
Chase Freedom-4k
1st Financial Bank USA-11.4k
USAA Amex-7.5k
USAA Visa Sig-7k
Citi Thank you Preferred-4.8k
Citi Diamond-2k
Amex Gold-NPSL

FICO8-11/2017
EX: 737
EQ: 722
TU: 735
Message 95 of 735
New Member

Re: Take the myFICO Fitness Challenge for 2013!

2013:

I plan to buy a home this year but still plan t increase my credit score. I look forward to the challenge.


Starting Score: 758
Current Score: 766
Goal Score: 800


Take the myFICO Fitness Challenge

>

Take the myFICO Fitness Challenge
Message 96 of 735
New Member

Re: Take the myFICO Fitness Challenge for 2013!

Without getting too deep into what I make a year, I will say that I am middle income and take care of a lot of folks. I'm not saying that I'm any different than anyone else, just starting my post. With that being said, I am FINALLY in the position that I need to be in to repair the damage that I did as an ignorant young adult. I was never taught to use credit wisely, and I wasn't very responsible with it in the first place. My years have taught me that I would prefer to work for myself, and invest in properties, and as we all know, that's made easier with good credit.

 

So starts my long journey back to the top of the mountain. I hope that you will follow me through the ups and downs and give me encouragement when available, as I will return the favor. Good luck to all who embark on the same journey.


Starting Score: 556
Current Score: 556
Goal Score: 750


Take the myFICO Fitness Challenge
Message 97 of 735
Member

Re: Take the myFICO Fitness Challenge for 2013!

I've always been an avid viewer of the challenge now it's time for me to take the challenge. 2012 5/12 Filed Chapter 7 7/12 USAA (secured) MC $1500 now $3000 8/12 Discharged 10/12 CAP1 Refinance 6.49% 10/12 CAP1 Rewards $1000 12/12 Barclay $500.00 12/12 CAP1 Classic $500.00 2013 Cash diet Keep spending down Reach my score goal Whats in my wallet USAA $3000 (Secured) CAP1 Rewards $1000 CAP1 Classic $500 Barclay $500

Starting Score: 487 Pre Chap 7 discharged 8/2012
Current Score: EQ 633 EX 633 TU 655 (USAA) TU 600 EQ 629 (FAKO)
Goal Score: 725


Take the myFICO Fitness Challenge
Message 98 of 735
Regular Contributor

Re: Take the myFICO Fitness Challenge for 2013!

GOAL: To pay off my $20,000 loan by November.

 

HOW I WILL GET THERE: Save 80% of each paycheck and put it directly towards that loan.

 

HOW I WILL CELEBRATE IN NOVEMBER: Treat myself to a deluxe pedicure at the fanciest spa I can find. (In the meantime, do my own pedicures and manicures!)



Current 2013 Score: ScoreWatch Transunion: 737, ScoreWatch Equifax: 723, Nordstrom Equifax: 734
Goal Score for January 2014: 750-809 range



Take the FICO Fitness Challenge
Message 99 of 735
Contributor

Re: Take the myFICO Fitness Challenge for 2013!

Went through a debt reduction program in 2005 and started rebuilding my credit last year.  Obtained my first card (secured) for $300 in January 2012 and was approved for a second card in March 2012.  Have been using them frequently so got a bump to total credit limit of $1050 in October. I wanted to wait for a full year of payments till I apply for some new accounts so will start applyiing in February.  My credit started out at 609 in February and is currently at 693.  My goal for 2013 is total credit limit of $10k and a score of 710+.  I hope to obtain a card for $2k-$3k in February and apply again around the 4th quarter of the year for another $4k-$5k card.  


Starting Score: 609
Current Score: EX: 723 (08/18), TU: 741 (08/15), EQ: 695(08/15)
Goal Score: 785


Take the myFICO Fitness Challenge
Message 100 of 735