Feel Like Giving up!

[Anonymous]

I have lost the wind that was in my sail...for cleaning up my credit reports.  My scores have improved quite a bit since I started taking the advice, disputing, and doing GW letters.  I was in the low to mid 500's when I started.  Now I am sucessfully EQ 620, TU 607, EX 678.

Anyone else tired of fighting for decent credit reports?  How did you gather the energy to move forward?

[miay2k4]

I have to admit that I have been rebuilding my credit for the past 7 mo.  It has been no easy road to recovery.  I have sent countless DV, GW, Disputes, PFD, etc.  I must have spent close to a thousand dollars on mailing alone. 

If it wasn't for the support of this forum I think I would have given up a long time ago.  Just when I think that I am not making any progress or if sending another GW letter is going to do anything, I just read a few myfico success stories or think about the many posts and countless hours our wonderfull moderators have put in giving priceless advice and support.  Somehow it makes this all worth wile and I continue to fight the good battle. 

Jan 08 EX 502 EQ 510 TU 488

Feb 08 EX 510 EQ 515 TU 502

May 08 EX 543 EQ ? TU 525

June 08 EX 543 EQ ? TU 553

Message Edited by miay2k4 on 06-17-2008 09:03 AM

Message Edited by miay2k4 on 06-17-2008 09:08 AM

[fishbjc]

Sounds like you need a few days break for a little r&r.  You need a boost?  Go find an online calculator...plug in a mortgage at 6% interest, then plug in 9% interest.  That's all the incentive you will need to keep going forward.

It's all about the benjamin.

[Anonymous]

Your scores have gone up 50 to 100 points.............and you feel like giving up? Sounds like you are allowing this FICO stuff to run your life.

Work one baddie at a time............and let FICO be a part of your life, but not your entire life. If you don't pay attention to it for a month or two, that's not a bad thing.

Enjoy your family, friends..........and the summer. It's gonna be a good one.

[llecs]

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fishbjc wrote:

.....find an online calculator...plug in a mortgage at 6% interest, then plug in 9% interest.  That's all the incentive you will need to keep going forward.

Good One!

[Anonymous]

I do not believe anyone on this or any other Web Site will dispute your theory about the length of time it takes to correct or clear up a credit report. There are no two ways about it, “it takes time” do not despair, you have come a long way from 500 to 678 in scoring.

As previously mentioned, take a small break and go after one dispute at a time. Eventually you labor will pay off with much higher scores and hopefully a clean credit report which would have to be monitored at least once a year.

Good luck on your quest.

[Anonymous]

Take a break! But, hang in there. I have been cleaning my credit now for almost a year. It takes time. I started at 500 525 and 497. Now I am at 629 623 and 595.

[Anonymous]

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@fishbjc wrote:

Sounds like you need a few days break for a little r&r. You need a boost? Go find an online calculator...plug in a mortgage at 6% interest, then plug in 9% interest. That's all the incentive you will need to keep going forward.

It's all about the benjamin.

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Indeed it is! ;-)

[Anonymous]

Do bear in mind that, as your score passes the mid-600s, your progress is naturally going to slow down. FICO likes to trend scores toward the mean, and as you get closer to the mean, each month's change will decrease.

However, going from the mid-500s to the mid-600s is already good progress. You've now opened the door to getting bank-issued credit cards that have good long-term CLI potential and that will help you raise your score.

Also, don't fret if you can't seem to pry some negatives off your report. Consider the slideshow below:

http://allaboutthebenjamins.org/RecoveringCredit1.html

[marty56]

Lord knows its hard to do sometimes.  It took me 5 years to get where I am now and it will be probably be another 4 years till I can break 800.  I will be almost 56 then.

If you get down, please come here and read the stories of poeple here who are just starting out, those who are still working at it and those who have made it.  While all our are stories are different, we have the same goals and same problems.

Everyone here give HB a big FICO hug,

Message Edited by marty56 on 06-17-2008 11:57 PM