topic Re: GREAT NEWS! in General Credit Topics

GREAT NEWS!

Gotagoal — Fri, 10 Aug 2007 03:03:36 GMT

I've only been on this forum for 2 months and have learned SO much. I had 1 cc with 300 limit. After paying everything off and then finding this forum, I learned how to get things deleted and how this whole fico thing works, utilization, etc... NOW I have nice cards with pretty good limits. Very happy. BofA, Target Visa, CCCU, Chevron, Amex and just yesterday I went online to sign up for our local credit union (for WA state residents only) BECU, and it said to bring the paperwork in today. Just another ckg/savings, but it said it was also a Visa app. Since I don't need anymore cards, I just thought nothing of it. TODAY I AM AT BECU and they said, ok , you're all set. Your new VISA with ****3500 CL *****will be there in a week. I WAS IN SHOCK (but didn't show it). I'm so happy because I've worked very hard. I'm the poster child for getting out of the muck. I couldn't buy a stick of gum on credit a few years back because of my stupid mistakes in my 20s that have haunted me until I paid every last penny off. It feels divine. I'm going to stick to my plan (like I have for many years) and watch my score grow. It was 661 a week ago. I'm dying to know now that my Credit Limits total about 10,000 , how that will affect my score with 1% util. I'm hoping it jumps since my previous Credit Limit total was 300.

Re: GREAT NEWS!

Anonymous — Fri, 10 Aug 2007 03:06:32 GMT

Good for you!!

Re: GREAT NEWS!

Anonymous — Fri, 10 Aug 2007 03:09:57 GMT

Congrats!

Re: GREAT NEWS!

Anonymous — Fri, 10 Aug 2007 03:16:06 GMT

little hit for the new account and inq's.

In 6 months you will be golden

Congrats !!!!!!

Can you share you old and current scores?

Re: GREAT NEWS!

Anonymous — Fri, 10 Aug 2007 03:19:32 GMT

GOOD GOING!!!

Re: GREAT NEWS!

Gotagoal — Fri, 10 Aug 2007 03:33:36 GMT

Sure thing. I never knew my old score - afraid to look until everything was paid. Once I pulled my CRs in June, I realized mistakes, and what can/should be deleted. So I made progress.

Every hard inq I've made in the last mo (6) are all new great TL. I should be ok in the long term. My goal is to be in the 700 club to buy a house next year.

My first score was 645 in June. My last score watch last week said 661. None of my new accounts are listed yet. I suspect the scores will go down initially once they post to my CRs, but we'll see. Seeing the progress and getting approvals has meant the world to me. I am very responsible and find it amazing that I have misused credit in my 20s. Never again. I am on top of it now.

Everyone is just so helpful. Thank you.

Re: GREAT NEWS!

Anonymous — Fri, 10 Aug 2007 03:41:03 GMT

Fantastic for you........

Re: GREAT NEWS!

Anonymous — Fri, 10 Aug 2007 03:46:38 GMT

Wonderful! I too, made horrible mistakes in my 20's and was/am still paying for them to this day. Your story is so similar to mine- it is almost as if I posted the post myself. Good going and good luck.

Re: GREAT NEWS!

Gotagoal — Fri, 10 Aug 2007 03:50:02 GMT

Isn't that funny. I read posts and feel like it's me, too. hahah
Literally going through my stack years ago, making a plan and getting a 2nd job - made all the difference.
I laughed when I called an old Collection Agency asking him to delete this old, but paid account. I asked if he remembered me and he said "oh yes " ... It was a small consistent payment for what seemed like FOREVER !!! hahha But he was more than happy to help since I told him I was cleaning up old things on my report.
I'm so happy you're in a good place, too. Good luck and thanks for your kind words.

Re: GREAT NEWS!

Anonymous — Fri, 10 Aug 2007 03:50:56 GMT

Sweet!!!! Congratulations.... your hard work paid off and your deserve the perks!

Re: GREAT NEWS!

Anonymous — Fri, 10 Aug 2007 04:07:37 GMT

Isn't that funny! I too, one time had a local collection that I literally paid I think either 5 or 10 dollars a month for I believe a year. This was a long time ago- as I didn'nt know that one could negotiate with CA's and pay a percentage! You know- it's crazy what a lack of knowledge of how to handle credit- coupled with a car wreck and hospital bills- and virtually making no money off of a waitress's salary can add up to!

I too, have learned so much from these boards, I really really really want to hit 700 and then my goal is 720- I Have 652, 663, and 667. It is not good enough for me anymore and I am working to pay and hopefully have removed three collections.

Re: GREAT NEWS!

Gotagoal — Fri, 10 Aug 2007 04:17:20 GMT

You are doing a great job! You'll be in the 700 club in no time. Strange how the past can be just so much work. I tell my coworkers I'm the poster child because it makes me laugh. Funny how I've learned every life lesson the hard way. ahhahah Ahhh...... but it adds character! I'm sweet, nice and have just learned things the hard way. Not too shabby! hahaah All my best to you!!

Re: GREAT NEWS!

Anonymous — Fri, 10 Aug 2007 11:56:44 GMT

Gotagoal & netpanther you two sound like me as well! The 20 years, etc. and 2nd job, I'm actually going to quit the 2nd job now because I believe I can get a few hours OT at work and it will be equivalent to the 2nd job. I NEVER want to know what it's like to stretch $20 for one full week with myself & two kids ever again!

I have been working with my home buying instructor (I took the class) and she's guiding me in the explanations, etc. so I hopefully can get my house in Dec/Jan.

Then, PARTY

Re: GREAT NEWS!

Anonymous — Fri, 10 Aug 2007 12:42:09 GMT

Congrats!!!

Re: GREAT NEWS!

Tuscani — Sat, 11 Aug 2007 06:03:24 GMT

Nice!

Re: GREAT NEWS!

Anonymous — Sat, 11 Aug 2007 07:33:04 GMT

That's great!!! Stick with your goal.

Re: GREAT NEWS!

Kooliad — Sun, 12 Aug 2007 00:10:44 GMT

Great job keep up the good work