Re: HOW TO: From BK7 discharge to 700 in 24 months or less! - UPDATE
12-11-2012 04:22 PM
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!
Starting Score: ~470 preBK(8/2010)
Current Scores as of 8/2/13: EX 710, EQ 691, TU 709, all 3 LP for a Mortgage (TriMerge Report)
Goal Score: 700+ FICO across the board w/ my BK still on there (until 8/2020) - 1 down, 2 to go!