Hi All! I wanted to just post a note of thanks to these boards. I have learned so much. As someone wise said (can't remember who), when you want something, find someone who knows a heck of alot and master what they already know!
My story.. I declared ch7 BK in 2010 due to poor decisions and a now ended marriage. After coming back home in 2012 I continued to wait out the BK and then after being able to secure a good mortgage in 2015, where I had used the myFico site to confirm that I could be pre-approved and then noticed these wonderful forums. It was at this time, that I started the process of really educating myself on finances & FICO.
After paying off the cards I have had since 2015 (but still paying min or more bec to these forums!), due to a nice work bonus, my score jumped to 724 across all the CRBs. And this week I was approved for an AMEX BCE, PRG and Chase Freedom. I had to recon the Chase and talked with nice person on the fico backdoor #.
I thought it wouldn't be until after 2020 when the BK was removed that I could even consider applying. But I will be well on my way to upper 700's by that time.
I had a unplanned plumbing issue that ended up not getting covered by ins so the nice increase in UT from BCE (9.8k) and Chase (3k) will offset the balance I will have to carry for a few months. Everything makes sense once you study & apply these lessons. I will protect these cards/my financial profile for the rest of my life!
Just wanted to say thank-you thank-you for donating your time to tell your stories and share your expertise!
Already having my 18yr son balance the checkbook & updating my fico tracking xls to gain some knowlege!! It's all about habits!