topic Re: Bouncing back need ideas thank you in Rebuilding Your Credit

Bouncing back need ideas thank you

Joecooltech — Tue, 27 Jun 2017 23:19:20 GMT

Okay, So to make a long story very short my Ex and i defaulted on every credit cards you could get about 3 years ago. Forward to now I have a car loan with on time payments last 15 months. A 8600 line of credit from Wells Fargo outdoor solutions, I am using about 28% of that on time payments last 16 months, I also have a personal loan i got from my Credit Union started out at 2,000 balance owed down to 1200 took that out in Jan of 17 payments on time as well, My questions is do you see anything i can do to get my score out of the 630 range or is time my only opition

Re: Bouncing back need ideas thank you

medicgrrl — Tue, 27 Jun 2017 23:23:02 GMT

Are your defaulted cards paid off? Is WF the only open revolving account you have?

Re: Bouncing back need ideas thank you

Joecooltech — Tue, 27 Jun 2017 23:29:53 GMT

Yes and Yes I am carrying no collection debt

Re: Bouncing back need ideas thank you

medicgrrl — Tue, 27 Jun 2017 23:47:09 GMT

3 revolving accounts, with only 1 account showing a balance will help your scores. Have you tried Cap1 prequal site? Paying down WF to 9% or less will help your score also.

Re: Bouncing back need ideas thank you

Joecooltech — Tue, 27 Jun 2017 23:56:15 GMT

Yes i have no luck with cap one. the WF account is actually only good at pool city and i see nothing else that i would ever need at pool city. so I have taken my time to pay it off because i don't see using it again and i need the payment history. I'm afraid once i pay to off there going to closing the card from non use and then my only relvoling card will go down the tube. hoping to have 700 before i pay it off

Re: Bouncing back need ideas thank you

medicgrrl — Tue, 27 Jun 2017 23:58:38 GMT

How long ago did you pay off the defaulted accounts?

Re: Bouncing back need ideas thank you

Joecooltech — Wed, 28 Jun 2017 00:01:30 GMT

July of 2014 defauledt 2013

Re: Bouncing back need ideas thank you

medicgrrl — Wed, 28 Jun 2017 00:08:40 GMT

Where did you pull your scores from? I would try Discover and Amex prequal sites. Before you apply, post what rate or range of rates they offer you.

Re: Bouncing back need ideas thank you

Joecooltech — Tue, 11 Jul 2017 16:38:17 GMT

My bank pulled my scores both pre quals were no goes

Re: Bouncing back need ideas thank you

medicgrrl — Tue, 11 Jul 2017 16:48:33 GMT

Do you know whether those are FICO 8 score's or some other version? If they're not 8's, I would recommend spending the $1 on the trial membership with Credit Check Total.

Re: Bouncing back need ideas thank you

Joecooltech — Tue, 11 Jul 2017 17:00:16 GMT

i was thinking the same thing but wanted some else point of view because i dont think those are fico 8 scores something is telling me im hovering truly around 590 610

Re: Bouncing back need ideas thank you

medicgrrl — Tue, 11 Jul 2017 17:40:43 GMT

I don't think your scores are to be as low as you think. You've got 3 years with no derogs and established credit for over a year. Any public records?

Re: Bouncing back need ideas thank you

Joecooltech — Wed, 19 Jul 2017 13:41:18 GMT

so i paid for the fico 8 score and im at a 565 which i have idea how after almost 18 months of solid payments