First I would like to say thanks for everyone's posts and to those whol respond so quickly (for free). When I started here on March 22 my EQ score was 439. Today it is 497. So I'm moving along. I think a 58 point increase is pretty decent for that length of time.
My goal is to get to 620 (I want a house). When? This year would be ideal.
The only strategy I have used thus far is just paying down debt.
I have one installment loan: owe about 2500 on 5000, payment is 225/mo.
CC #1= balance was 700 PIF on 4/30. was closed by credit grantor (credit limit 300 i think)
CC#2 = balance 233.00 paid all but 83.00. was closed by credit granto due to economy no lates (credit limit 1000.00)
CC # 3 = balance was 760.00. all paid but 292.00. was closed by credit grantor (credit limit 300)
CC # 4 = balance was 580.00. all paid but 324.00. only one still open (credit limit 400)
Balances got so high b/c I set them up in web bill pay. One card was being paid but before the statement date thus I incurred late charges (ironically this is still the only one open showing no lates). The other two are owned by the same company and I didn't realize I had only scheduled one payment until it was too late (incurred a lot of lates on CR).
Have three med collections. Will start working on them this month. Total is about $630.00. Want to make sure I have the money before i start the HIPPA process.
Got letter back for another non med collection saying it would be removed b/c it couldn't be verified (expecting an update this month).
Mailed letter to CRA EQ today b/c one company didn't respond to DV letter. It's been over 45 days.
Student loans in deferrment. Over 100K. Looking into IRB since I qualify. I figured student loans wouldn't get me too many points since I don't have that kind of cash to knock a dent in them.
So any suggestions to a payment strategy for the end of this month. I definitely have to pay the 225.00 and I will have about 500.00 more to put on the above mentioned items.
Waiting until the 15th to pull new reports. Three items should update this week ( at least they did in this time frame last month according to scorewatch)
Message Edited by years on 05-11-2009 06:48 PM
