It has now been 6 solid months since I joined myfico. In that time....I have seen an increase in FICO scores as follows:
EQ: from 590 to 634
EX: from 591 to 654
TU: from 614-632
What attributes to the changes:
Picked up the following TL:
Victoria Sectret $250
Buckle $350
New York and Co. $300
First Premier $300
Cap One Secured $200
Cap One Journey $1000
Abercrombie $250
Overstock $250
One Main Installment loan $2000 (12 month term)
Express Net $350
CLI occurred as follows:
Cap one Plat Au #1: PC to QS and CLI from $500 to $2000 (June 2014), CLI $2000 to $2500 (Dec 2014)
Barclay NFL rewards: $500 to $1000 (Aug 2014)
Cap One Plat AU #2: PC to QS (June 2014), CLI $500 to $2000 (Dec 2014)
Merrick Bank: CLI $500 to $1000 (Jan 2015)
Inquires:
TU - remained at 10 last 8/24/15
EQ - increase to 28...last 12/21/15
EX - increased to 31.....last 12/23/14
Utilization dropped from 69% (July 2015) to 34% (Jan 2015)
Projected FICo:
TU: 645 (6 mo) - 660 (12 mo)
EX: 670 (6 mo) - 681 (12 mo)
EQ: 640 (6 mo) - 670 (12 mo)
I will be in the garden for awhile to allow new TL to post and age, pay down my utilization to around 20% while keeping revolving balances, allow the installment loan to mature, allow for inquiries to age down, focus on auto CLI on 4 upcoming accounts (both QS AU, Journey and Barclay)
