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CLI increase and recent approvals! Small victories during rebuilding!

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Senior Contributor

Re: CLI increase and recent approvals! Small victories during rebuilding!

I don't know as of yet how bad its hurt me , wouldn't you know it would happen just as I'm getting over 600 scores and seeing good progress . We now have a due date but at the time it reported we didn't even have a button to pay the balance as it hadn't been est what our dates would be . I can't pull my next 3B til this coming week. I'm hoping wit the added new accts and a couple CLIs we have gotten it doesn't hurt too bad until we can pay off the balance on it in a couple weeks.
Message 11 of 18
Senior Contributor

Re: CLI increase and recent approvals! Small victories during rebuilding!

And I do think it was some kind of glitch bc everyone I spoke to said theirs reported in about a week after opening , as did mine. His was opened July 12th , just reported yesterday.
Message 12 of 18
Established Member

Re: CLI increase and recent approvals! Small victories during rebuilding!

It seems when we start making progress something pops up or theres tempations. Keep your head up and I am excited to see how it goes with your SL!! Smiley Very Happy


Message 13 of 18
Senior Contributor

Re: CLI increase and recent approvals! Small victories during rebuilding!

Thank you , I will report as soon as I have any new updates with it .
Message 14 of 18
Valued Contributor

Re: CLI increase and recent approvals! Small victories during rebuilding!


@lily04 wrote:

Well I wanted to share my small victory with everyone and inspire anyone who is still in the rebuilding stage as there been times I wanted to give up since I am very impatient and want instant gratification. I learned only time can fix the damages. 

 

Well I am still in the rebuilding phase my scores were all in the 400's less than a year ago and my current scores are EQ: 614 TU: 680 EX:646.

I have 2 small collections on EQ and a student loan that I am currently rehabbing. ( Student loan are really hurting my scores. ) Plus I have a lot of inquires 30+ on all 3 bureau's ( Many of the inquires was when I first started rebuilding and went on a app spree without knowing the full consequences and I recently purchased a car in February). My Utilization is at 14% I just recently paid off my Jareds card so that should drop it back down to 0% which should bring a small increase since I lost points recently.

 

Anyhoo, I want to try anyhing I can do in the meantime while I wait for the small collections to drop and my student loan rehab to be complete which is in 2 months.( So excited to have these deleted soon!) 

So you may have noticed I have a lot of inquires and I am trying to do only SP in the meantime while I wait for the inquiries to drop off. I was approved last week for a NFCU membership, refinanced my auto loan and was approved for the nRewards and CLOC at $7K all in the same night. I was on cloud 9 that day!!Smiley Very Happy

 

I was also recently approved back in May for a Chase Freedom, Slate Card, Barclays all around the same time with some other store cards I personally use. I was very surprised to get the preapprovals for Chase since my scores were lower at that time and I had a lot of inquires. I have learned they have this 5/24 rule but I am convinced they make exceptions on this rule since I had more than 5 new cards within 24 months. I probably think what helped was the fact I bank with them.

 

Today as alway, my routine is to log on to Myfico and read some posts. I noticed that Walmart does SP CLI. I thought let me try the LUV button but NOTHING.I tried i again because I thought it had to be a misake LOL and NOTHING again. I couldn't find the chat feature since I read on here you can request a CLI that way ,so I called the back door number. It was a short convo, I asked for $10,000 they countered at $6K. I have only had them for 2 months.

 

I am excited to see how much my score increases after the NFCU CLOC, paid acct with Jareds and CLI for Walmart reports. My scores aren't that great and I am still fixing a few items but I am so happy with myself for still sticking with it and for this Forum. Without this Forum I would still be stuck with 400's.


Congratulations to you!...Thanks for sharing.Smiley LOL

Smiley Happy (BANK OF AMERiCA CA$H REWARD$ ViSA SiGNATURE) (CHASE AMAZON ViSA SiGNATURE) (CAPiTAL ONE QUiCKSiLVER ViSA SiGNATURE) (CiTi DOUBLE CA$H WORLD MASTERCARD) (BARCLAYCARD UPROMiSE WORLD MASTERCARD) (SYNCHRONY MARVEL MASTERCARD) (AMERiCAN EXPRESS BLUE CA$H EVERYDAY) (DiSCOVER iT NHL)
Message 15 of 18
Regular Contributor

Re: CLI increase and recent approvals! Small victories during rebuilding!


@lily04 wrote:

Thank you! I will be joining thr garden with you!  hope I can stay strong for the next 7 months.....Smiley Sad


I highly recommend you garden closer to two years instead of seven months. AAoA and INQ's is going to handicap you for a bit. Continually apping and adding new accounts  will slow you down. If you don't NEED more credit, do not get more. 


Starting Score 11/2015: 662/612/637 Current Score 12/2016: 734/750/744 Goal Score 12/2016: 750 / Gardening till December 2017!
  
Message 16 of 18
Established Member

Re: CLI increase and recent approvals! Small victories during rebuilding!

Thank you for the advice!! The reason I say 7 months its because I want to purchase a home by then. I am currently renting and do not want to renew my lease. I don't know how they feel about a month to month yet.... I might end up waiting maybe even longer depending on how my scores are at that time. I do mortgages now and I can reduce my payments if I have my scores at least 750. Even if it is just $20-30


Message 17 of 18
Valued Contributor

Re: CLI increase and recent approvals! Small victories during rebuilding!

Congrats on your rebuild sucess!!

Fico 8's TU 777/ EQ 784/ EX 767 - 2/2019// AAoA 4.3 years // Lines 2/2019= 510k Personal - Business 52k // Inquiries 8 TU -10 Exp - 10 Eq.
Message 18 of 18
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