topic Raised credit score 57 in one week! in General Credit Topics

Raised credit score 57 in one week!

Anonymous — Thu, 23 Jul 2020 20:06:57 GMT

WOW....... Sooooooo as of last week, I had 6 credit cards combined around 91% usage and higher. Total credit line was around $60,000 with almost $55,000 used. Last week I paid off 5 in full of them and left 1 card ($10 balance). I checked my credit score today and I went from 650 to 707(Experian)

When I read through the report today only 2 out of 6 accounts were updated showing paid off. So I still have 4 cards (already paid off) left that need to be updated through the bureau's and hopefully I get another bump. Equifax and Transunion still show I owe $42,000 in CC debt which those scores before (Transunion 657 / now 691) and before (Equifax 655 / now 697). At the beginning of July my credit was 621 and my Chapter 7 bankruptcy brought my score to 650.

I wonder if I can get to 740 once the bureau's update ??????

650.PNG 707.PNG

Re: Raised credit score 57 in one week!

AllZero — Thu, 23 Jul 2020 20:36:24 GMT

Congratulations on your success!

Re: Raised credit score 57 in one week!

Anonymous — Fri, 24 Jul 2020 00:29:29 GMT

@AllZero wrote:
Congratulations on your success!

Greatly appreciated

Re: Raised credit score 57 in one week!

Anonymous — Sun, 26 Jul 2020 05:45:46 GMT

Did VERY similar thing about a month ago.

my credit went from 662 to 741

Re: Raised credit score 57 in one week!

Iusedtolurk — Sun, 26 Jul 2020 12:53:08 GMT

@Anonymous wrote:
WOW....... Sooooooo as of last week, I had 6 credit cards combined around 91% usage and higher. Total credit line was around $60,000 with almost $55,000 used. Last week I paid off 5 in full of them and left 1 card ($10 balance). I checked my credit score today and I went from 650 to 707(Experian)

When I read through the report today only 2 out of 6 accounts were updated showing paid off. So I still have 4 cards (already paid off) left that need to be updated through the bureau's and hopefully I get another bump. Equifax and Transunion still show I owe $42,000 in CC debt which those scores before (Transunion 657 / now 691) and before (Equifax 655 / now 697). At the beginning of July my credit was 621 and my Chapter 7 bankruptcy brought my score to 650.

I wonder if I can get to 740 once the bureau's update ??????

650.PNG 707.PNG

Great score increase! (reducing that debt did you hit the lottery or something?) I see more credit bumps in the near future upon updates occuring.

Congrats!!