Hey Hauling - did I get the "new bucket" alert?

[Anonymous]

Hi Hauling,

I received below from SW, am I in a new bucket?:

You moved from one category of credit users to another as time passed. For example, you may have transitioned from the category "consumers with a new credit history" to the category "consumers with a two- to five-year credit history". As a result, your credit report is evaluated differently, causing a slight change in your score. The good news is that moving between categories like this usually offers you the potential to reach a higher FICO® score in the future.

[Anonymous]

Well, I ain't Hauling, but yes thats what the message means.  Welcome to your new bucket! 

Van

[Anonymous]

Hi Vanyel,

Guess now is the time to read up on this subject......

Is it going to be harder for me to increase my scores now or only time will tell?

[haulingthescoreup]

Welcome to bucket land! Did your scores change?

From what I can tell, you sort of languish around for a while, and then things start taking off. I'm still pretty languid, I'm afraid, although my scores have started back up.

fused should be jumping in here pretty soon, and he's obsessed --er, fascinated with buckets. Prepared to be grilled!

[Anonymous]

Logically it should make it a bit harder to raise your scores since your now at the bottom of the new bucket.  Probably what has changed is the average age of your accounts putting you at the youngest in your bucket.  So I suspect that time will tell.

Van

[Anonymous]

Thanks, I don't know about my scores yet because I won't pull them until BOA and Hooter's post for November.

I checked my avg age of accounts on SW (TU) and my avg is 7 years.  Is this a trigger?

Now I'm worried although there's nothing I can do about it. I've gotten this far and know I can get over this hurdle. Hopefully in time for a mortgage in April 08.........

[Anonymous]

I think it's a little bit like changing gears, you let off the gas pedal, and push in the clutch, so you slow down a bit but then you hit second gear, let the clutch out and give it some gas....  Your on your way! 

Van

[Anonymous]

Thanks Van - I will keep on continue on my mission dispite this hurdle.   Maybe I won't hit my target by the end of the year but hopefully in the beginning of '08 !

I'll post my new scores after the last 2 cc's post.

[haulingthescoreup]

Wow, you have far more self-restraint than I ever hope to have!

[Anonymous]

Believe me Hauling, it's far too tempting but I really don't want to waste the $$ if I want to pull in a couple of days. 

I was close to pulling them tonight after I read the "bucket" message but sanity prevails today !!   Hooter's statement will close tonight and BOA tomorrow so I won't have to wait too long.

I'm becoming obsessed with all of this .......