topic Re: FICO - My spirit is beaten and broken in Rebuilding Your Credit

FICO - My spirit is beaten and broken

kenworthguy — Tue, 07 Jun 2011 22:52:12 GMT

Hi to all the fine people in the communities - after several long hard battles with OC's and CA's, I finally got my results from EQ. today, let's just say, I feel like i have been beaten in the head with a baseball bat. After 6 collection account deletions and 1 improved account, my EQ score went up by 22 points, I know I should look at the bright side of things and see improvement, but I don't. I really don't know if it's worth trying to do anymore. My spirit is completely broken right now. I wish to thank all the people in the communities that gave advice and were so knowledgeable on the subject of CR's. So, THANK YOU, I sincerely appreciate each and everyone of you. Kenworthguy

Re: FICO - My spirit is beaten and broken

Anonymous — Tue, 07 Jun 2011 22:54:53 GMT

It's only the beginning - don't give up! You worked hard already...

Re: FICO - My spirit is beaten and broken

CS800 — Tue, 07 Jun 2011 23:13:00 GMT

Don't give up !!

The long road to recovery is ahead. YOu are strolling along; it might take a year or two but you will get there. WE all started low but we built on the strength of others on here as we go.

Keep the hope alive !

Re: FICO - My spirit is beaten and broken

MBOhio2 — Wed, 08 Jun 2011 00:52:54 GMT

Trust me, I totally understand... I have been fighting a losing battle with my utilization %, trying to get my score up. I just paid $2500 toward my revolving debt, bringing me below 50% and guess how many points my score increased? ZERO... I wanted to cry when I saw the # and realized nothing had improved.

But remember, this is a journey and it does take time. And the other frustrating thing is that you'll see the most progress toward the end when your credit file starts to lose all of the baddies. I don't know what's on your CR, but if you have a lot of baddies, getting a few removed, no matter how much blood sweat and tears went into it, unfortunately, won't make a big difference initially, but don't give up!! I feel your pain completely

Re: FICO - My spirit is beaten and broken

DI — Wed, 08 Jun 2011 00:58:13 GMT

@kenworthguy wrote:
Hi to all the fine people in the communities - after several long hard battles with OC's and CA's, I finally got my results from EQ. today, let's just say, I feel like i have been beaten in the head with a baseball bat. After 6 collection account deletions and 1 improved account, my EQ score went up by 22 points, I know I should look at the bright side of things and see improvement, but I don't. I really don't know if it's worth trying to do anymore. My spirit is completely broken right now. I wish to thank all the people in the communities that gave advice and were so knowledgeable on the subject of CR's. So, THANK YOU, I sincerely appreciate each and everyone of you. Kenworthguy

Don't give up! It takes time, being consistent and persistent. I know you can do it. Soon we'll be seeing you posting in the credit cards forums.

Re: FICO - My spirit is beaten and broken

rckstrscott — Wed, 08 Jun 2011 01:10:23 GMT

@kenworthguy wrote:
Hi to all the fine people in the communities - after several long hard battles with OC's and CA's, I finally got my results from EQ. today, let's just say, I feel like i have been beaten in the head with a baseball bat. After 6 collection account deletions and 1 improved account, my EQ score went up by 22 points, I know I should look at the bright side of things and see improvement, but I don't. I really don't know if it's worth trying to do anymore. My spirit is completely broken right now. I wish to thank all the people in the communities that gave advice and were so knowledgeable on the subject of CR's. So, THANK YOU, I sincerely appreciate each and everyone of you. Kenworthguy

You gotta remember, just because you had six deletions doesn't mean you score will instantly go up. It is all a complex formula. And if you are still reporting baddies, then you weren't looking to get a big bump anyway.

But 22 points? That is a significant gain. Maybe not the 100 you were hoping for, but I feel like I have had success foe each single point. You made a choice to take over your financial life, you took the time to educate yourself, you took the time to learn the ropes and tackled it with gusto. You saw a 22 point gain. This is something to crack a beer over. Not something to feel negative about.

I know how you feel. I used to be skinny and gained over 100 lbs. I weighed 255 lbs on NYE this year. I wanted to be 200 by summer and I'm down to 215. I was really upset about it, beating myself up over those days I was too lazy to go to the gym or the cheating on my healthy eating, but man, I lost 35lbs in 6 months! Something to celebrate!

Plus, the habits and the knowledge you have gained will take you to that next step before you know it.

I am not trying to be rah-rah, but it's just the lay of the land with credit repair. Time, time, time and time.

-scott

Re: FICO - My spirit is beaten and broken

llecs — Wed, 08 Jun 2011 01:33:54 GMT

I wish I had a 22 pt gain.

Re: FICO - My spirit is beaten and broken

kenworthguy — Wed, 08 Jun 2011 02:25:39 GMT

Hi everyone, let me start by saying thank you, sometimes a person needs a few words of wisdom and or encouragement, both of which i am receiving from your messages. sometimes i just have a tendancy to let things bother me to much, I have to remember that things are not all that bad. In your words of wisdom and encouragement, I find myself being reminded of another situation that i have dealt with.for the better part of 4 years, i have been battling my way back to physical health from an automobile accident that according to doctors, i should not have survived but i did although it left me disabled. there have been days when i just didn't feel i was making the progress i should and i wanted to throw in the towel but i never have and i never will, I know things will get better on both fronts, it's just like one member here said. TIME TIME TIME and TIME. thats what it takes more than anything, well that and hard work, bad days may get me down but i won't let them keep me down. encouragement from people both known and unknown, like the people here will help keep me going and i know that soon, maybe not as soon as i would like, I know i will be back both physically and financially. I just have to let time heal all the wounds. Again, THANK YOU all so much for the wisdom and encouragement, It is truly appreciated.

Re: FICO - My spirit is beaten and broken

Anonymous — Thu, 21 Jun 2012 00:44:25 GMT

Re: FICO- my spirit is broken

FICO how do you sleep? How many millions of spirits do you crush. Most of these are decent hardworking honest people and some are enslaved by medical debt that will stay for seven years even if paid in full. Wretches. Dealing with you and the reporting agencies is a nightmare. You make the process difficult and painful on purpose. You are part of a system that threw the American people overboard 30 years ago. All of our spirits are broken now go take care of your criminal friends on Wall St. your day is due soon...if you don't already have a meaningless and pathetic existence as it is.

Re: FICO - My spirit is beaten and broken

Anonymous — Thu, 21 Jun 2012 00:50:55 GMT

Hi debtslave we will get out of this mess and rest assured the slavitude of the American worker trying to obtain a decent FICO score will happen if you get in the mud and play and beat them at their dirty game.

Re: FICO - My spirit is beaten and broken

ihatemyscore — Thu, 21 Jun 2012 01:01:24 GMT

^^ Debtslave 1 and 2.. LOL.... There isn't anything else you could do but troll on a internet discussion board?

Re: FICO - My spirit is beaten and broken

Lasardo — Thu, 21 Jun 2012 01:51:56 GMT

I relate. I am chronically ill and had 27 negs (all medical) I am happy to say at the end of this cycle... (1) and that 1 will drop off in december. My score has not increased much but I feel good about the occomplishments I have made. I have made this into a game and when the day is a good one i pounce on it. Remember to stay positive and do what you can on your good days and keep on the up. I have a lot of ideas to get that score up if you are interested pm me, or just pm me if you need a chat..good luck

Re: FICO - My spirit is beaten and broken

llecs — Thu, 21 Jun 2012 02:22:51 GMT

@Anonymous wrote:
Re: FICO- my spirit is broken

FICO how do you sleep? How many millions of spirits do you crush. Most of these are decent hardworking honest people and some are enslaved by medical debt that will stay for seven years even if paid in full. Wretches. Dealing with you and the reporting agencies is a nightmare. You make the process difficult and painful on purpose. You are part of a system that threw the American people overboard 30 years ago. All of our spirits are broken now go take care of your criminal friends on Wall St. your day is due soon...if you don't already have a meaningless and pathetic existence as it is.

@Anonymous wrote:
Hi debtslave we will get out of this mess and rest assured the slavitude of the American worker trying to obtain a decent FICO score will happen if you get in the mud and play and beat them at their dirty game.

Hi debtslave, you created two profiles and I recommend stick with one. Sometimes it can be confusing as to which persona you are using when posting multiples of time.

On your topic, FICO is just a 3-digit number. It doesn't know if you are a deadbeat looking to steal from companies or people, or if you ran afoul or ran into bad luck due to the economy, or if there was a situation where a loved one or family member didn't get covered by medical insurance. FICO just looks to see if there are collections or not and scores accordingly. Maybe due to medical privacy laws, it doesn't look to see if your debt is medical-related or not.

I think your issue lies with the creditor, or the medical office in the case of medical debt.

BTW, medical debt does not have to stay on for 7 yrs. It can be removed early with help from the collection agency and/or medical office. Probably most of the posters in Rebuilding had success in some form or another in removing old debts like that.

Re: FICO - My spirit is beaten and broken

Anonymous — Fri, 22 Jun 2012 22:46:07 GMT

hey kenworth guy, dont ever freakin give up. on my credit build i went from 509 eq to a 751 eq. i took me a good 4 yrs. dont let these scumbag ca. get u down. get down in the mud and manure with them and beat them at their own game. u will look back on this and tell yourself boy im glad i didnt give up. it does sometime break your spirit.u talk about spirit- how about prayer- that helps too.

Re: FICO - My spirit is beaten and broken

Repo-ed — Fri, 22 Jun 2012 22:57:05 GMT

We all crippled our credit over a period of time. We have to wait at least that same amount of time, and usually even longer than that, to see it fully recover.

Re: FICO - My spirit is beaten and broken

Anonymous — Sat, 23 Jun 2012 00:24:03 GMT

I know the feeling. I stared at the same score for nine months, and woke up one morning to 176 pt increase. Keep trying, never give up. This is just a game. Play it.

Re: FICO - My spirit is beaten and broken

marty56 — Sat, 23 Jun 2012 11:53:44 GMT

@Repo-ed wrote:
We all crippled our credit over a period of time. We have to wait at least that same amount of time, and usually even longer than that, to see it fully recover.

I spent over 20 years trying to destroy my credit. Took me almost 8 years to fix it. Never ever give up and you are never ever too old to do so.

Re: FICO - My spirit is beaten and broken

Anonymous — Sat, 23 Jun 2012 12:28:38 GMT

@Repo-ed wrote:
We all crippled our credit over a period of time. We have to wait at least that same amount of time, and usually even longer than that, to see it fully recover.

That's the hardest aspect of the process for people to emotionally understand.

Re: FICO - My spirit is beaten and broken

Duncanrr — Sat, 23 Jun 2012 12:59:21 GMT

@Anonymous wrote:
I know the feeling. I stared at the same score for nine months, and woke up one morning to 176 pt increase. Keep trying, never give up. This is just a game. Play it.

What happened to get you a 176 pt jump??

Re: FICO - My spirit is beaten and broken

injustifiiable — Sat, 23 Jun 2012 15:01:40 GMT

@Duncanrr wrote:
@Anonymous wrote:
I know the feeling. I stared at the same score for nine months, and woke up one morning to 176 pt increase. Keep trying, never give up. This is just a game. Play it.
What happened to get you a 176 pt jump??

Sounds like a rebucket?