Hey all,
I recently opened some accounts with PenFed and am trying to bring up my FICO 9 scores to qualify for some products with them. They use EQ FICO 9 as I understand it. This week I have opened up the Access America Checking with $25, both kinds of Savings with $5ea., and an Overdraft LoC of $500 ($0 bal.), and I'm in the process of moving my direct deposits, etc. over from BofA.
My current EQ FICO 8 score is 644, but my FICO 9 is only 603. (It was 604 until PenFed's inquiries.) I have read in some places that you need either a 640+ or 650+ FICO 9 to qualify for their loan/credit products, but feel free to correct me on this if I'm wrong! Products I'm most interested in are the CC (Promise CC?), personal loan, and auto loan.
My EQ profile basically looks like this:
| Account | Balance | Status | DoFd |
| US Dept. of Education | $20,740 | pays as agreed / never late since 9/2015 | |
| US Dept. of Education | $4,148 | pays as agreed / never late since 8/2008 | |
| Credit Lending Services | $11,969 | charged off / reposession
dinging my EQ with a 90-day late every month | 9/2017 |
| CashCall | $2,598 | charged off | 8/2017 |
| Opportunity Financial (FML) | $2,416 | pays as agreed / never late since 3/19 | |
| Sunrise La | $761 | pays as agreed / never late since 03/19
this was a credit builder "loan" | |
| First Savings CC | $447 | charged off
dinging my EQ with a 90-day late every month | 7/2017 |
| Capital One | $67 (of $500) | pays as agreed / never late since 8/2018 | |
| Capital One | $0 (of $500) | pays as agreed / never late since 11/2018 | |
| Credit One | $6 (of $600) | pays as agreed / never late since 8/2018 | |
Inquiries: 4 (2 from PenFed this month, 2 from Cap 1 in 8/2018 and 11/2018)
BK Ch.7: 7/2016
Some lates on accounts IIB
- So, I've already PIF the $67 Cap1. I had been trying to use it as my only utilization card, but Credit One is impossible to bring to $0 because they add interest or fees every month on statement day of a few dollars.
- Next week I will be mailing the check to PIF First Savings CC. (I believe the $447 counts to my util of a $1600 limit?)
- I will be PIF Opportunity Financial in 3 weeks
- I was going to mail CashCall and ask for a PFD if I PIF at the end of August
I can't tackle the $12k on the repo'd [LEMON] car loan just yet. Barring that, is there anything else you see that I can do to boost my EQ FICO 9 in the next couple of months? If I talk to CLS and start making some kind of monthly payment arrangement, would they stop adding 90-day lates every month or would it help at all?
