Established Contributor
SoulMaster
Posts: 993
Registered: ‎11-08-2011
Re: HOW TO: From BK7 discharge to 700 in 24 months or less! - UPDATE

Stupid mid-cyle reporting.

 

Ok, 686 is apparently the higest I can get my real EQ Fico in 24 mo after my BK (though I have several FAKOs over 700).  Glad I put the +/- 15pt Disclaimer in it.  Rather than reporting a 0 balance on all accounts and <9% on one card, I wound up with $500 on one and $630 on the other.  It's still <9%, but I'm sure I'm losing points for having more than one card report.  Oh well, 686 ain't too shabby considering ~2 years ago I was @ 470ish (pre-filing).

 

I don't care you you are or how you do it, dumping the debt is the fastest way to raise a score... whether you pay it all off, settle it, or BK it all away like I did.

 

Still gardening this thing higer. 700 can't be too far around the corner!

 

-SM

I am not an attorney and none of what I write should be construed as legal advice. For legal advice please consult an attorney.

Starting Score: ~470 preBK(8/2010)
Current Scores as of 3/15/14 All 700+. Last CR pull from a lender(housing) was mid-score 729.
Goal Score: 700+ - reached.