topic Hoping my mortgage scores will dance the end of this month in Mortgage Loans

Hoping my mortgage scores will dance the end of this month

SleeplessinMA — Thu, 08 Aug 2019 22:22:10 GMT

I've only been in these forums for a short time but have learned an incredible amount of knowlege and I am now able to apply it and I can't thank all of you enough!

I presently have 4 revolvers out of 20 reporting to the bureaus. They will all be paid off this month.

The last card to pay is my Discover card, due the 22nd and reports on the 23rd. I am going to pay all but 5.00

of this balance and let it report. I will then pay it off after the statement cuts. The plan is to keep 3 revolvers

in play and pay off all but one and let a small balance report.

On the installment front, I will also be able to implement double payments on my Discover personal loan, pay off the Affirm, next month(I had no idea they reported to the bureaus now, last time I used Affirm, they didn't report) and all I'll have left next August is my car lease and whatever is left on the personal loan.

Is it the end of the month yet? It's gonna be a very long month!

Re: Hoping my mortgage scores will dance the end of this month

SleeplessinMA — Tue, 03 Sep 2019 14:21:26 GMT

Update: 9-3-19

A little update to my journey. Even the best laid plans go off the rails. I didn't get to AZEO as planned.

I ended up at AZE3, due to unexpected expenses at the last minute, but ended up with 3/20 reporting,

1% aggregate utilization, 166.00/73165.00 reporting. I was still pleased with my scores.

FICO 5,4,2 EQ TU EX

7-19 753 750 713

8-19 776 765 749

+23 +15 +36

My FICO 8's even came to the party!

EQ TU EX

7-19 760 756 726

8-19 766 761 745

+6 +5 +19

I had 2 inquiries on both TU and EX that hit 1 year, an open dispute on EX that was resolved. I took one of

my credit cards from 10% individual utilization down to 0. My accounts aged one more month.

I'm pretty pleased with the end result.

This month I WILL get to AZEO, so we'll see what happens one month from now

Re: Hoping my mortgage scores will dance the end of this month

JVille — Tue, 03 Sep 2019 15:17:21 GMT

Congratulations the hard work has paid off!

Re: Hoping my mortgage scores will dance the end of this month

Anonymous — Tue, 03 Sep 2019 15:28:51 GMT

Congrats on all that hard work and timing!

Re: Hoping my mortgage scores will dance the end of this month

SleeplessinMA — Tue, 03 Sep 2019 16:57:25 GMT

@JVille wrote:

Congratulations the hard work has paid off!

Thanks, yes it has! The knowledge I have learned from you, and so many others, has been

invaluable to me.

If you're willing to listen to advice, learn from it, do your due diligence and be able to apply that

advice, you'll get the rewards that you seek. It does take time and patience is key! Patience

is a virtue, something I have had to learn here!

I honestly cannot thank all of you enough!

Re: Hoping my mortgage scores will dance the end of this month

SleeplessinMA — Tue, 03 Sep 2019 17:00:15 GMT

@Hasselfree wrote:

Congrats on all that hard work and timing!

Thanks so much, Hasselfree, I still have a little more of a marathon to run, but it's going in

the right direction!

Timing is everything and its true in this case!

I wish you the best of luck also

Re: Hoping my mortgage scores will dance the end of this month

AllZero — Wed, 04 Sep 2019 07:10:31 GMT

Congratulations on your success! Job well done.

Re: Hoping my mortgage scores will dance the end of this month

SleeplessinMA — Wed, 04 Sep 2019 11:28:38 GMT

@AllZero wrote:

Congratulations on your success! Job well done.

Have to give credit where credit is due This was possible through the wonderful advice I received

on these forums, from you and many others The stars all aligned and I was able to apply that

knowledge and here we are

It's been a very long road, since Sept of 2017, and being 28000.00 in debt. In the homestretch now,

won't be long before I break the tape. What an incredible feeling It will NEVER happen

again. There's still a bit of work to do.

Thanks, AllZero

Re: Hoping my mortgage scores will dance the end of this month

AllZero — Thu, 05 Sep 2019 03:35:45 GMT

I agree, the myFICO forum has helped me tremendously too. I've learned so much and used this wealth of knowledge to build up my credit profile.

You have a great 765 middle score. I can see it getting higher once you get to AZEO.

Re: Hoping my mortgage scores will dance the end of this month

SleeplessinMA — Thu, 05 Sep 2019 03:41:25 GMT

@AllZero wrote:

You have a great 765 middle score. I can see it getting higher once you get to AZEO.

Thanks, AllZero, for all YOUR great advice too. Yes, that's the plan

Re: Hoping my mortgage scores will dance the end of this month

SleeplessinMA — Fri, 04 Oct 2019 15:41:11 GMT

September Update:

What a surprising month September has been. Pulled my 3B reports today.
Now that my credit profile is NOT as busy as it once was, I was able to
have a small amount report (5.00), and my Fico 8's went up a few points.

I am learning to walk a fine line between my Fico 8's and my Fico 5,4 and
2, with my mortgage scores being higher than my Fico 8's.

Fico 8

EQ TU EXP

766 761 745 9/19
766 767 751 10/19

Fico 5 Fico 4 Fico 2

776 765 749 9/19

789 769 757 10/19

I do keep 3 revolvers in play, paying two off and letting a very small balance
report on the 3rd one. I am down to 2 installment accounts after paying the small
one off the end of September. Still making double payments on Discover, and keeping
current on my car lease. What surprised me is the unexpected credit increases I
received this past month. My original credit limit was 78665.00 but between the CLI's
and PayPal credit finally reporting yesterday, it's up to 94265.00. I had anticipated
Pay Pal would report eventually so I paid that off after my statement cut on 8/23
but before it reported on 10/2.

So you CAN teach an old dog new tricks, and I think this grasshopper has learned real
well, thanks to all of you!

Re: Hoping my mortgage scores will dance the end of this month

Anonymous — Fri, 04 Oct 2019 16:24:17 GMT

@SleeplessinMA wrote:
September Update:

What a surprising month September has been. Pulled my 3B reports today.
Now that my credit profile is NOT as busy as it once was, I was able to
have a small amount report (5.00), and my Fico 8's went up a few points.
I am learning to walk a fine line between my Fico 8's and my Fico 5,4 and
2, with my mortgage scores being higher than my Fico 8's.

Fico 8
EQ TU EXP
766 761 745 9/19
766 767 751 10/19

Fico 5 Fico 4 Fico 2
776 765 749 9/19
789 769 757 10/19

I do keep 3 revolvers in play, paying two off and letting a very small balance
report on the 3rd one. I am down to 2 installment accounts after paying the small
one off the end of September. Still making double payments on Discover, and keeping
current on my car lease. What surprised me is the unexpected credit increases I
received this past month. My original credit limit was 78665.00 but between the CLI's
and PayPal credit finally reporting yesterday, it's up to 94265.00. I had anticipated
Pay Pal would report eventually so I paid that off after my statement cut on 8/23
but before it reported on 10/2.

So you CAN teach an old dog new tricks, and I think this grasshopper has learned real
well, thanks to all of you!

How did you get PayPal Credit to actually report? I have a $7500 limit on mine and that extra utilization padding would be wonderful..

Re: Hoping my mortgage scores will dance the end of this month

SleeplessinMA — Fri, 04 Oct 2019 16:57:43 GMT

@Chris_Hedges92 wrote:

How did you get PayPal Credit to actually report? I have a $7500 limit on mine and that extra utilization padding would be wonderful..

Accounts are reporting at different times, Synchrony decided it was time for mine to report. I've had mine

since 2016, how long have you had yours? I pulled my 3B reports on MyFico today and there it was!

Maybe yours will report soon!

Re: Hoping my mortgage scores will dance the end of this month

Anonymous — Fri, 04 Oct 2019 17:13:14 GMT

@SleeplessinMA wrote:
@Chris_Hedges92 wrote:

How did you get PayPal Credit to actually report? I have a $7500 limit on mine and that extra utilization padding would be wonderful..

Accounts are reporting at different times, Synchrony decided it was time for mine to report. I've had mine
since 2016, how long have you had yours? I pulled my 3B reports on MyFico today and there it was!

Maybe yours will report soon!

Is there an easy way to check this? I believe that it was sometime in 2018, but I'm honestly not sure..

Re: Hoping my mortgage scores will dance the end of this month

SleeplessinMA — Fri, 04 Oct 2019 17:32:29 GMT

@Chris_Hedges92 wrote:

Is there an easy way to check this? I believe that it was sometime in 2018, but I'm honestly not sure..

I went to my 3B report and checked my credit data. Found PayPal Credit, clicked more details and

it will show the Open date.

Re: Hoping my mortgage scores will dance the end of this month

Anonymous — Fri, 04 Oct 2019 18:20:01 GMT

@SleeplessinMA wrote:
@Chris_Hedges92 wrote:

Is there an easy way to check this? I believe that it was sometime in 2018, but I'm honestly not sure..

I went to my 3B report and checked my credit data. Found PayPal Credit, clicked more details and
it will show the Open date.

The most recent 3B that I pulled a couple of weeks ago doesn't even have my PayPal Credit listed on the account section..

Re: Hoping my mortgage scores will dance the end of this month

SleeplessinMA — Fri, 04 Oct 2019 22:28:13 GMT

@Chris_Hedges92

The most recent 3B that I pulled a couple of weeks ago doesn't even have my PayPal Credit listed on the account section..

Check your statements for 2018 to see what date they have for your opening your account.

I did that before Synchrony took over and reported it to the credit bureaus. They did report

the correct date I opened the account, so I would start checking my statements, especially

if it hasn't reported yet.

I hope that makes sense