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06-30-2013 08:59 AM
I've been waiting for my TU to hit 740 so I can refi the house. It's stuck at 733 but EX is at 785. The reports have identical tradelines (according to myfico). My CC util is <1% (approx $250) and the only derogs were 6 years ago I had 60 day late my student loans 2 months in a row and 30 day on a consumer loan. I've got 9 open accounts (2 CC, 2 MTG, and 5 Student loans). Is there anything I can do to get this TU up?
MY TU was 728 on 5/15 with over $10k of CC debt and util at 50% on one card.
06-30-2013 09:02 AM
The TU you are pulling from here is TU98 and the one your mortgage lender will pull most likely will be a TU04 which in my experience is usually higher. YMMV as always, but you might already be there.
06-30-2013 09:04 AM
Oh, and drop the balance on one of those CCs to $0 and leave the other at less than 9%. That should give you a bit of a boost. My sweetspot for my scores is 4%.
06-30-2013 09:10 AM - edited 06-30-2013 09:11 AM
Thanks, I think I will give it a shot. I had all but one at zero balance, but the sneaky chase folks threw on the $95 annual fee at closing date. Argh!!! The two statements closed on the same date, so no way to fix in time!
But maybe I can adjust before next statement and have refi agency do a rapid rescore if I'm not there yet.
06-30-2013 10:14 AM
hey shogun how long did it take you to go from a 504 to an 819...and what your secret?
The secret? A touch of OCD, throwing money at everyone and wanting to improve my situation. I would make goals and strive to achieve them. Then it just becomes a challenge, and I love a good challenge.
07-01-2013 10:33 PM
Just app'd for the refi. All three scores were 775-785. Holy cow, 50 point difference on their TU and this TU. Regret paying myfico $16 to see an old score, but as always cavea emptor.
07-01-2013 11:06 PM
See, I nailed it! LOL.... Congrats!
07-02-2013 11:12 AM
Thanks!! Now we just discovered a bogus collection from 3 years ago on wife's account. Contacted the collection agency and they have no record of the collection. Just disputed all three bureau's. Will let you know what turns up.
07-03-2013 09:09 AM
This thread was exactly what I needed. Thanks guys for answering a question that I needed.