topic Re: HOW FAST ARE U SEEING YOUR SCORES GO UP? in Rebuilding Your Credit

HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 03:37:45 GMT

I know everyone's credit situation is unique and nobody can really say how long it will take one person to raise their score, but just looking for ballparks.

Are you seeing a steady increases at 12 months, 24 months, 36 months of effort? I have been looking at some members signature lines and it seems like you can expect some pretty decent improvements in just a year.

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 03:49:55 GMT

The biggest increase I saw was when I deleted all negative items off my credit. I have 8 revolving accts with the oldest being 18 months old and the youngest being 9 months old. I have never missed a payment. My scores are the roughly the same as they were this time last year.

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 03:56:40 GMT

Interesting. I have been at this for just a few weeks and saw a 10 point increase. Somewhere on here, I saw a girl who raised her score 130 in 12 months. Just curious to see everyone's unique experiences.

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 04:14:21 GMT

The biggest I've seen in the past few weeks since joining is +22 pts for my wife's CR. That was when one (of 3) CC's reported a zero balance after being up around a 80% util in recent months. But then this weekend her EQ dropped 15 pts for an installment account being PIF and closed. So it's going to continue being up and down I'm sure. My EX jumped 38 pts this week with a new zero balance on same account but, unlike my wife, I don't have any collections or judgments on my CR.

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 05:15:26 GMT

124 points after some clean up I strated almost 5 months ago. Still have some collections and charge offs that I'm working on and very very curious what kind of result it will be.

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Imperfectfuture — Wed, 15 Oct 2014 05:29:18 GMT

101 to 123 (waiting for latest disputes tu and cap one report ex) after cleaning up as many baddies as could. Ex is clean, TU has $397 in small med collections from one agency that is pain in butt to deal with.

However, I was also building positive trade lines since May 2013, and other medical collections were either easy PFD's or backdated charity care write offs.

Expect to be clearly in 700+ club by march, April 2015.

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 05:43:15 GMT

My TU went up 197 points in a month, from 551 to 748 after getting my baddies deleted (EQ and EX still have a few showing).

I started on 8/24/2014 with scores EQ-531 TU-551 EX-534 and here are my current scores:

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 05:54:15 GMT

@785FICOLOVE wrote:
Interesting. I have been at this for just a few weeks and saw a 10 point increase. Somewhere on here, I saw a girl who raised her score 130 in 12 months. Just curious to see everyone's unique experiences.

When I started february of last year my credit score was a 523. I cleared up all of my debt and got three credit cards, kept low balances, by june i was at a 660 for all 3 bureaus. As I aquired more debt and kept higher balances, my score fell. Now its a 603. It stays that same amount and doesnt fluctuate. If i pay the balances i can recover some of my points but even with. making on time payments for almost two years on 3 accts, I havent hit 700.

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 07:44:54 GMT

Mine started in the 480's begining of March (sad I know). After learning as much as I possibly could, getting a few collections off, getting all my student loan lates removed...I'm around 640 now on all 3 crbs. Haha so 160 in 7 months...not to bad. I still have 3 civil judgements I'm working on and two collections...can't wait to see what happens to my scores when they come off. Credit rebuilding is addictive

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 08:00:17 GMT

Mine went up 80 points when the BK fell off.

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 11:53:08 GMT

So I have been trying to fix my husband credit since Jan of this year. I just signed up for MyFico last month- but Credit karma had him down at 520ish when we first started. He is now a 590 and we still have things due to fall off any day. I think by the time we get all the stuff off that we can he will be a 620-640 and then it will just be growing our good accounts. There are a few negatives that I just give up getting off- capital one and verizon so until those age off... I will just have to be happy with whatever we get

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Warrior2000 — Wed, 15 Oct 2014 12:41:37 GMT

Wandere-how old was ur BK?

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

BGoneDebt — Wed, 15 Oct 2014 14:17:08 GMT

For me it has been a very unsteady pace.

When I started, I was in the low- mid 500's. I pulled my three free reports and disputed incorrect info. That shot me up ~ 40 points. Then I started tackling outstanding debt. I was probably around 60-70%, I'm now at 2 - 4% tops in any given month rotating the cards I use to keep them active. That increase maybe another 30 points.

When things got fun was when I started applying for new cards and an installment loan. Shot my rade line total up (yes, this also helped the utilization), filled in a spot on my "portfolio" (the installment loan), and I saw my score raise another 50-60 points.

Last but not least I filed Form 12277 with the IRS to request the "Fresh Start" program and have my paid lien removed from my credit report.

I do still have a (paid) judgement showing, but am already working with the court to vacate it.

All that is left is a few 30 day lates from over 4 years ago that no amount of GW letters or emails seem to be able to make go away.

My scores are now ranging from a low of 691 to a high of 780. (as not all three have everything updated yet).

Good luck to you, it absolutely can be done. But it can also be another full time job.

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 14:28:43 GMT

My scores went up pretty fast initially. I think that when you are starting the rebuild process this happens. Once you have nothing left to dispute and you added a couple of trade lines this is where the real building begins. Scores shoot up when negative items fall off and new positive items report. After that the score increases will not be so high. My greatest jump was 108+ in TU in 30 days. I doubt this will ever happen again. But I am so happy it did!

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 15:55:52 GMT

"...But it can also be another full time job." - BGoneDebt

Ain't it the truth... :-)

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

kjel — Wed, 15 Oct 2014 16:19:40 GMT

@BGoneDebt wrote:
For me it has been a very unsteady pace.

When I started, I was in the low- mid 500's. I pulled my three free reports and disputed incorrect info. That shot me up ~ 40 points. Then I started tackling outstanding debt. I was probably around 60-70%, I'm now at 2 - 4% tops in any given month rotating the cards I use to keep them active. That increase maybe another 30 points.

When things got fun was when I started applying for new cards and an installment loan. Shot my rade line total up (yes, this also helped the utilization), filled in a spot on my "portfolio" (the installment loan), and I saw my score raise another 50-60 points.

Last but not least I filed Form 12277 with the IRS to request the "Fresh Start" program and have my paid lien removed from my credit report.

I do still have a (paid) judgement showing, but am already working with the court to vacate it.

All that is left is a few 30 day lates from over 4 years ago that no amount of GW letters or emails seem to be able to make go away.
My scores are now ranging from a low of 691 to a high of 780. (as not all three have everything updated yet).

Good luck to you, it absolutely can be done. But it can also be another full time job.

I've been on the roller coaster ride as well but the overall trajectory has been upward. I've gained 150-180 points in 24 months but the scores have fluctuated quite a bit during that time as negatives were removed, new things appeared, improved utilization and credit limits, rebucketing, etc. I won't lie, there were times I wanted to quit rebuilding but I am glad that I stuck with it as two CRAs are 700+ now.

Re: HOW FAST ARE U SEEING YOUR SCORES GO UP?

Anonymous — Wed, 15 Oct 2014 17:27:02 GMT

Wow! Some of these increases in such a short time are really encouraging. I agree that credit rebuilding is very addictive. I work hard for my money and I do not want to make someone else rich by paying anything less than the best interest rates!