Re: CREDIT REBUILD PROJECT LOG
07-14-2008 01:30 PM
Actions Taken 6-16-2008:
I applied for and recieved an unsecured credit card through Orchard Bank. I have a $300 limit (I spend more than twice that a month just on gas) and have begun using it. The annual fee is 20 bucks, but they hit me for another 80 to start the account. I guess beggars can't be choosers.
I am currently using and immediately paying this card every time I fill up. Average transaction, $75.00. Average daily balance $.01. Goals for this line:
Increase unused available credit as much as possible,
show on time payments for two years,
increase number of accounts in good standing.
8-12-14: FICO EXP: 797 - EQU: 734 - TRAN: 739 - AVG: 757 - +207 points from JUN 2008 - MY CREDIT JOURNAL