Re: Take the FICO Fitness Challenge!
01-11-2010 04:06 AM
1. My goal is to cross the 650 mark
2. My current fico is 614 (1/4/10 SW alert)
3. Pay all credit cards off, GW until my fingers bleed, Get a secured card
What is SW alert? What is GW until my fingers bleed?
Thank for any info!!!
Welcome to the forums!
I'd suggest reading the following:
Credit Scoring 101 - great for knowing what is in your credit score and to see how your score is impacted.
and What Steps Do I Take - great for learning the repair process.
SW = ScoreWatch. Score Watch is a product by myFICO and Equifax that allows you to track report and FICO score changes to your Equifax report.
"GW until my fingers bleed" is a euphemism for sending Goodwill letters over and over to request creditors to remove negative remarks from your credit report.
For more info, check out the Rebuilding Your Credit Board: