topic Re: April 2024 Check In Thread in Take the myFICO Fitness Challenge!

April 2024 Check In Thread

Kenny — Tue, 02 Apr 2024 03:00:26 GMT

I know you are all hard at work with your
credit goals. Have you progressed as far as
you hoped? Were there any unforeseen
expenses that cropped up and may have
thrown you off schedule?

As a reminder, participation in these monthly
check-ins is optional but encouraged. The
goal is to help keep you on track, so feel
free to post your progress updates here.
This is a no-judgment zone; feel free to
say what's keeping you up at night or give
yourself a Kudo for having it all together.

Did you hit any potholes or speedbumps?
Achieve some milestones, either small or
mighty? Change your goals/add new ones?

Let us know how you're doing!

Re: April 2024 Check In Thread

CorpCrMgr1 — Tue, 02 Apr 2024 03:58:45 GMT

Thank you for posting April, 2024!

Re: April 2024 Check In Thread

SeaProbe — Tue, 02 Apr 2024 15:33:49 GMT

Another page on the calendar, another month in the garden.

Still holding at 0/6, 0/12. The only tempting offer is the Venmo Visa with double cash back for six months. Still can't bring myself to deal with Synchrony however…

Re: April 2024 Check In Thread

CorpCrMgr1 — Wed, 03 Apr 2024 02:44:45 GMT

No HP or SP. Last month I did move most of the CL on a Cap1 card to another card. Then tried to get a CLI on the now lowered CL card. Wasn't approved, must wait six months. Scores are slightly moving up. All above 830. One day my goal of 850 on at least one CS.

Re: April 2024 Check In Thread

mgood — Thu, 04 Apr 2024 01:07:30 GMT

April Fool's Day 3B pull and all 40 FICO scores increased. I've only seen my scores do that a few times. Usually some go up, some go down, and some stay the same. I was expecting some increases since I've had higher balances lately and more cards reporting balances. Now I'm getting some of that paid back down.

Average increase was 8.425 points.

Biggest increase was 17 points on both Experian 3 ( now 760) and TransUnion Bankcard 4 (now 768).

Two scores are 800 or more. Equifax Bankcard 8 is 800 and Experian Bankcard 8 is 804.

Lowest score is Experian Auto 5 at 734. Next lowest score is Equifax 10 at 754.

Re: April 2024 Check In Thread

Chazzay12 — Mon, 08 Apr 2024 00:29:40 GMT

Not too much to report this month, no significant changes. Continuing to put as much extra income towards paying off all cc's and get utilization back on track.

I got a membership with Navy Fed, but EWS ended up flagging me. So I have my membership but have to wait another ~18 months before using any products with them. No biggie. I thought since USAA let me open checking account again I was all clear.

Also, I opened up a Roth IRA through Schwab. I won't be contributing much until debts are cleared, but wanted to at least open and starting adding a bit. I also have a 401k thru employer with match that I fully contribute to, but want to make sure I'm as good as possible thinking long term. I'm 29 years old now. I don't fully understand Roth, and will likely need to ask additional info in a separate post lol.

Re: April 2024 Check In Thread

Peterparkyr — Sat, 13 Apr 2024 12:43:43 GMT

Checking in (haven't checked in since December 2022),

Been rebuilding for 2.5 years now. Scores are up to 692 and 680 although TU is still lagging at 640. I've got high util on a few cards, which is keeping me below 700 right now. No credit needs this year, just monitoring and building.

Been gardening for a a year (I hadn't logged in for a while only to find out that the garden club is gone! ). Will likely garden for a while longer and fix my util to boost at least 2 scores over 700.

Thanks all!

Re: April 2024 Check In Thread

CorpCrMgr1 — Mon, 15 Apr 2024 05:24:05 GMT

MyFiCO Equifax score still at 846. It's still partially blamed by my excessive auto loan open amount. It's almost 75% paid.

Re: April 2024 Check In Thread

WW1984 — Thu, 18 Apr 2024 14:13:32 GMT

I TRULY HATE FICO! I was doing so well on my journey to the 800 club until today. I happily paid down and off some balances on four cards . . . just to see my Experian score lowered by 14 points!!! Are you kidding me?! So carrying high balances in the thousands is better than paying them down or off?! I'm so angry I can't see straight! 😡 I've decided to stop using primarily credit cards for the cash rewards and points and use mostly cash. Screw FICO, VantageScore, and any others. 🤬

Re: April 2024 Check In Thread

Junejer — Sat, 20 Apr 2024 03:01:29 GMT

All my FICOs are down a bit. EX down to 842 from 850 since the new card reported. TU down to 842 from 850 due to the two INQs I had in March. The new card reported, so I don't know how much further it has fallen until my next 3B pull in May. EQ down to 845 from 849 due to new card reporting.

I paid off the last $107 on my auto loan after the statement closed a few days ago. It will be interesting to discover how many points I lose when I report no open installment loans. I have officially abandoned the notion of getting all three reports to 850. No more jumping through hoops to keep my scores near 850--being above 800 will be good enough for me until my report ages and gets there naturally.

Re: April 2024 Check In Thread

CorpCrMgr1 — Sun, 21 Apr 2024 01:34:56 GMT

@Junejer totally understand the evasive 850 goal. My dream is to reach it with just one CRA.

Re: April 2024 Check In Thread

Elxavo — Sun, 21 Apr 2024 12:39:38 GMT

<img align="left" border="0" width="50" height="50" src="https://ficoforums.myfico.com/html/assets/challenge.png">Starting Score: 700 Current Score: 800 Goal Score: 850 <a href="https://ficoforums.myfico.com/t5/Take-the-myFICO-Fitness/Take-the-myFICO-Fitness-Challenge-2024/td-p..." target="_blank">Take the myFICO Fitness Challenge</a>

Re: April 2024 Check In Thread

keekers — Sun, 21 Apr 2024 16:47:16 GMT

After being in the garden for nearly two years I opened a couple new cards at the end of last month. They will report in a few days so I'm bracing for a temporary ding to my scores on my journey to 800. The HPs didn't move my scores so fingers crossed that the impacts of the new accounts are minimal.

Re: April 2024 Check In Thread

Junejer — Mon, 22 Apr 2024 18:28:38 GMT

Yeah, I had two at 850 and EQ just sat stubbornly at 849. Pffftt. It was just a game I was playing to keep me interested in this whole FICO mess, but I'm over it. The scores will have to be what they will be. I'm assuming they will all remain over 800. If not, meh!

Re: April 2024 Check In Thread

CaneVariant — Tue, 23 Apr 2024 05:29:03 GMT

1st check-in

Chapter 7 BK discharged 3/17/2024

Started rebuild on 4/3/2024

4/3/2024

Mission Lane Credit Union Visa. Applied and approved. $3k, No AF and 29.99% APR

4/5/2024

Targted offer from Ally received. Applied and approved. $1k, No AF, 0% interest for 9 months then 28.99%

Equifax - 580

TU - 575

Experian - 588

froze all lines and heading out to the garden to hurry up and wait.

Re: April 2024 Check In Thread

CaneVariant — Tue, 23 Apr 2024 17:10:12 GMT

Update

Woke up to a bunch of alerts about credit score increasing. From Ally's free Experian 8 check your score feature my Experian score jumped 19 points to 607 with the addition of the Ally card. Confirmed on Experian.com; All "free" updates that use TU are still the same.

I did not realize how volitile credit scores are. Probably going to turn off notifications to avoid "obsessive monitoring" and stick to 3 bureau pulls/

Thank you everyone for listening.

Cheers!

Re: April 2024 Check In Thread

LRC — Thu, 25 Apr 2024 06:49:02 GMT

I've been working on my emergency fund and negotiating loan from family member to pay off charge offs. So far so good--I will be getting first check to start paying these puppies off this weekend, so I'm looking forward to that. Working on goodwill letters to attempt to clear the COs. You miss every shot you don't take, right?

Otherwise, happy to get at 3k limit on C1 Quicksilver earlier this year. Looking forward to cs boost from paying charge offs--I have my eye on Amex BCP and BoA Cash Back Visa. Hoping to just stay still and grow with those three cards for a while. Working to completely fund emergency fund by September. Slowing down my mortgage goals until 2026 so that my overall financial picture makes sense when that happens. Thanks to the board for all help!!

Re: April 2024 Check In Thread

CorpCrMgr1 — Fri, 26 Apr 2024 14:38:20 GMT

@CaneVariant Good for you for your upper movement of your credit scores! Good luck!!

Re: April 2024 Check In Thread

CorpCrMgr1 — Fri, 26 Apr 2024 14:39:42 GMT

Congratulations on your credit journey!

Re: April 2024 Check In Thread

LRC — Sun, 28 Apr 2024 21:32:02 GMT

@Chazzay12 Nice work on the Roth IRA! I feel affirmed by your post--I also recently opened a Roth IRA for the first time. I'm auto-saving just a small amount from every paycheck. Like you, I'm happy to have established a place where I can put more $ as debt goes down.

Anyhow--good work! High five