Discover Graduation

[SweetCreditObsession]

Congratulations on the graduation and the nice credit line! 

[CreditAggie]

Congratulations on your Discover graduation and CLI!

[M_Smart007]

Congratulations!

[MyFault]

Congrats on your Disco graduation and CLI!

[JoeLuvsHisCredit]

[mgood]

Congratulations!

[Iusedtolurk]

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@Anonymous wrote:

I opened a secured Discover in July 2019 and it took until TODAY to graduate to an unsecured card with a $1500 limit.

When I got the card I had a FICO 8 of 492 (yikes) and now it's 642.

My freebie scores are currently at 714 with all three bureaus and I have opened a handful of new CCs in the past year as my credit rebuilds.

I had a returned payment in December 2019 (forgot to switch my payment info to a new checking account) that I immediately realized and called to cancel/pay with the correct account but the damage was done I guess.

My credit file includes a few paid charge-offs and 2 collections which are in a payment plan.

No idea what their formula is but happy I finally got my deposit back! 

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@Anonymous  Congrats after a year and a half they did you well! How much was your initial deposit?

Keep up the good rebuild momentum.

[Anonymous]

Thanks! I started with a $500 deposit. 

[TC1212]

Mine finally graduated today. I opened it in July 2018. Started with a $500 limit then moved it up to $700.  In February 2019 I had a returned payment, which caused me to also go over the limit. 😬😬 (I didn't pay attention to the account I selected for the payment) I got the email tonight. They are returning deposit and raised limit to 1k.

[Demented1]

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@Anonymous wrote:

I opened a secured Discover in July 2019 and it took until TODAY to graduate to an unsecured card with a $1500 limit.

When I got the card I had a FICO 8 of 492 (yikes) and now it's 642.

My freebie scores are currently at 714 with all three bureaus and I have opened a handful of new CCs in the past year as my credit rebuilds.

I had a returned payment in December 2019 (forgot to switch my payment info to a new checking account) that I immediately realized and called to cancel/pay with the correct account but the damage was done I guess.

My credit file includes a few paid charge-offs and 2 collections which are in a payment plan.

No idea what their formula is but happy I finally got my deposit back! 

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Absolutely AWESOME news…a late congratulations, but nonetheless congrats @Anonymous on your Graduation!