Re: using my unsecured to increase score.........

adio413 · ‎06-06-2012

i have an unsecured card through applied bank with a CL of $250. i make an automatic monthly donation to a smithsonian museum for $5 on the 20th of every month and then on the 5th of every month $7is taken out of BOA debit card to pay for it.

even though the applied card reports to all three CRA, it seems like this is doing nothing/zero for my credit score, since i usually have a $2 credit on my credit card account. what could i do to change it? should i use the card more? should i use it enough to take the utilization from 0% to 5 -9%?

rootpooty · ‎10-28-2011

Is this your only card? What is the reported util been the past few mos?

adio413 · ‎06-06-2012

rootpooty wrote:
Is this your only card? What is the reported util been the past few mos?

yes its my only card. the utility has been 0%.i just got the card in may started using it in may this year. i've never bought anything with it, just signed up to do auto donations to the museum and to have the amount paid back via my BOA card

jd5189 · ‎08-14-2012

what are you scores currently?

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.

adio413 · ‎06-06-2012

holy christ, im sorry everybody....... i have a secured card from applied bank. im sorry sorry sorry.

in case anybody asks, the extra $2 is from the 7bucks that comes from my debit card. when i 1st signed up for the debit payments, the applied bank CSR said i should have a little more taken out just in case interest is charged.

jd5189: my credit scores are as of 10/9/12 3pm

experian 585

equifax 561

transunion 585

idk if these are FAKO or fico because they're from USAA credit monitoring

adio413 · ‎06-06-2012

ttt

AvaMommy · ‎08-08-2012

adio413 wrote:
ttt

Those are your FAKO scores. what is hurting your credit?

Starting Score: FAKO: TU 602 EQ 550 EX 565 - 08|2012
Current Score: MyFICO: TU 633 EQ 637 EX 669 (AMEX PULL)09|2012
Goal Score: 700 across the board In my wallet: NFCU cashRewards 12000CL, NFCU LOC 10K CL, BofA cashRewards 5000CL, BofA PP 3000CL, JAREDS (AU) 1500CL, SEARS (AU) 7000CL
Under my mattress: Orchard Bank 320CL and Saks Fifth Avenue 100CL. Finally in the Garden. App Free Since 9/18/12 - No apps until March 2013

adio413 · ‎06-06-2012

i have no idea!!! i have a bunch of student loans but the'yre paid on time with zero lates on any of them.

jd5189 · ‎08-14-2012

Have you pulled your reports or just the scores? It seems there are derogatory accounts somewhere in your credit files because with on-time SL payments and even the secured card your scores should be somewhere in the 600's (at least mid 600's I would have to guess).

Pull your free yearly CR from one of the agencies (doesn't matter which one as they all seem to be in the same score range). Look through it. Until you find out what the derogatory is on your account, your unsecured card will not do much for your scores.

In my wallet: Amex PRG & Zync, Amex BCE (19.2k), Chase Freedom (5k), PSECU Visa/PSL (20k)
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.

adio413 · ‎06-06-2012

CBCS Potentially Negative More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	CBCS	CBCS	CBCS
Account #	1806XXXX	1806XXXX	1806XXXX
Account Type	Collection Department / Agency / Attorney	Collection Account	Collection Account
Balance	$271.00	$271.00	$271.00
Date Opened	10/1/2011	10/1/2011	10/24/2011


CONVERGENT OUTSOURCING Potentially Negative More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	CONVERGENT OUTSOURCING	CONVERGENT OUTSOURCI	CONVERGENT
Account #	7003XXXX	7003XXXX	7003XXXX
Account Type	Collection Department / Agency / Attorney	Collection Account	Collection Account
Balance	$387.00	$387.00	$387.00
Date Opened	7/1/2010	7/1/2010	7/9/2010


MIDLAND CREDIT MGMT IN Potentially Negative More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	MIDLAND CREDIT MGMT IN	No Data Returned For This Bureau	MIDLAND MCM
Account #	853158XXXX	853158XXXX
Account Type	Debt Purchase	Collection Account
Balance	$1,222.00	$1,222.00
Date Opened	8/1/2009	8/26/2009


PROFESS ACCT Potentially Negative More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	No Data Returned For This Bureau	No Data Returned For This Bureau	PROFESS ACCT
Account #	1305XXXX
Account Type	Collection Account
Balance	$67.00
Date Opened	1/18/2010


PROFESS ACCT Potentially Negative More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	No Data Returned For This Bureau	No Data Returned For This Bureau	PROFESS ACCT
Account #	1074XXXX
Account Type	Collection Account
Balance	$67.00
Date Opened	10/13/2008


PROFESS ACCT Potentially Negative More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	No Data Returned For This Bureau	No Data Returned For This Bureau	PROFESS ACCT
Account #	1061XXXX
Account Type	Collection Account
Balance	$104.00
Date Opened	9/9/2008


AFNI Potentially Negative Closed More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	No Data Returned For This Bureau	AFNI	No Data Returned For This Bureau
Account #	101869XXXX
Account Type	Collection Account
Balance	$155.00
Date Opened	8/1/2007


AFNI, INC. Potentially Negative Closed More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	AFNI, INC.	No Data Returned For This Bureau	AFNI
Account #	204072XXXX	204072XXXX
Account Type	Collection Department / Agency / Attorney	Collection Account
Balance	$183.00	$183.00
Date Opened	4/1/2010	4/19/2010


BUR COL RECO Potentially Negative Closed More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	No Data Returned For This Bureau	No Data Returned For This Bureau	BUR COL RECO
Account #	7181XXXX
Account Type	Collection Account
Balance	$0.00
Date Opened	7/17/2012


CAP ONE Potentially Negative Closed More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	CAP ONE	CAPITAL ONE BANK USA	CAP ONE
Account #	40034470XXXX	40034470XXXX	40034470XXXX
Account Type	Credit Card	Revolving or Option	Revolving account
Balance	$2,683.00	$2,683.00	$2,683.00
Date Opened	2/1/2007	2/1/2007	2/5/2007


FAIR COLLECTIONS & OUT Potentially Negative Closed More Account Details
	Experian®	Equifax®	TransUnion®

Account Name	FAIR COLLECTIONS & OUT	FAIR COLLECTIONS & O	No Data Returned For This Bureau
Account #	347XXXX	347XXXX
Account Type	Collection Department / Agency / Attorney	Collection Account
Balance	$3,415.00	$3,415.00
Date Opened	5/1/2009	5/1/2009