2011 was the year i took control cant wait to see what 2k12 will bring hoping to see 700's this year

Please post where you are now that 2011 is over. Would love to hear of your successes/road blocks from the past year as I prepare to take this journey in 2012. Thanks!

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proverbs3 wrote:
Please post where you are now that 2011 is over. Would love to hear of your successes/road blocks from the past year as I prepare to take this journey in 2012. Thanks!

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http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Small-indicators-of-success-preapproval-from-...

 

Earlier in the year I completed paying off my CC debt, and I had way more than I care to remember sometimes.  In a couple months, we'll be buying a new house.  We've been cramped into a one bedroom condo with a toddler for long enough.  2011 was a good year for us.  Here's wishing you the best of luck in 2012.

Challenge accepted! (Though I noticed there isn't a 2012 thread yet)!

 

I am absolutley convinced that one can hit 720FICOs w/ the BK reporting... it's my goal to do this by the end of 2012... we'll see!  

 

As a side note, I'm also convinced one can get an AMEX with a BK on the CR that's <7 years old. (People seem to have no problem once it's been more than 7 years, despite that it reports for 10, assuming 7 years of solid history since the BK).  This may prove impossible, but I'm up to the challenge and accept it as well!

 

To hit these goals, I'm going to stick w/ my plan of <10% util across the board, applying for a new tradeline every 6 mo, and working every tool in the bag that my credit union offers me.  

 

 

Love these forums!

 

-SM

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chexxie wrote:

Hi all,

 

I curently have:

 

1 CC w/ a balance 25% util (I just pay it every 2 weeks, no delinquencies)

4 CC w/ 0 balance presently (usually I just keep them 0% to 10% util)

1 Student loan (paying 2x the due amount every month)

1 24-month consumer loan (3 months into it, paying same as student loan)

 

1 30-day late payment (Feb 2008) on 1 of the 0 balance CC (don't remember why or how)

1 Collection, Status: Paid (Aug, 2008) - from cable company (result of putting someone else's bill in my name)

2 Inquiries Aug 2010

 

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1.  Your FICO score goal for 2011:  760-780 for all 3 bureaus

2.  Your current FICO score(s) : EQ: 698 | TU: 716 | EX: ??

3.  The steps you plan to take to achieve your goal: Continue paying off loans and CC, control spending, less visits to Ikea lol, more visits to MyFICO

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Hey everyone. Thought I'd update with my results from the 2011 goal until the 2012 topic is ready.  

I didn't reach the 760-780 score, which I realize now was a bit unrealistic for me. But if I didn't aim that high I probabaly wouldn't have gotten to where I did.

At the time that I started the challenge in March 2011, my scores and credit situation were as listed above.

 

At present:

• I've continued my regular payments on Student Loan and Consumer Loan and that's still going well.
• CC util on my main CC has increased but overall util still low due to CLI
• 30-day late from Feb 2008 not negatively affecting score
• 1 recent Inquiries (June 2011 for CLI)
• The best news: I disputed and have gotten the 1 collection removed from my EQ & EX (wasn't on TU), which caused my score to jump like 25 points.
• Scores as of 12/05/11 - EQ: 735 (FICO) | TU: 748 (FICO) | EX: 732 (Experian.com)

Thanks guys.

 

I have come a decent way since 2009 but still have a decent way to go to where I want to be.