Should I check my scores

[newmom24]

Hi,

I ordered my scores on Apr. 7th. I made immediate payments to get things paid (I want to get my financial house in order). Well, I recieved my statement for credit cards and they closed with well under 10% utilization, and I paid a collection account that appeared as revolving. Should I rerun the scores now to see how it changed *I am very anxious* or should I wait one full month until May 7th.

I haven't purchased score watch yet. I just ordered the 3 credit scores. What is the best way to monitor my credit. Please advice - I NEED all the advice and encouragement I can get

481 EQ (ouch)

496 TU (ouch)

542 EX (interesting)

[Anonymous]

I would wait a month...generally CC companies update with the CRAs once a month, and there's no telling when that is. Generally it's when your monthly statement cuts, but that's not universal.

[Anonymous]

i think most of us use score watch, expecially with the 25% off.  you can buy quarterly to get your TU score, then cancel.  Ends up costing like $4 after the discount?

[Anonymous]

NewMom24,

I was right there with you 8 months ago.  My scores were EX 490, EP 531, and TU 401, ouch, ouch and Knife through the heart.  I followed the advise here, I pulled my credit reports and went over them with a fine tooth comb.  I Disputed, GW'd, PFD'd, Paid on time, opened new credit.  And after 8 months low and behold my new scores are EX 561, EP 608, and TU 618. I have 11 months of on time , 14 months since my last collection, three collections were deleted, which all are paid.  My credit UTI is 8%.  And I have 5200 CL.  I have paid off my car three months early, and moved the money from my car payments to lover my UTI to 8%.  I am on a good strong track, I looked at posted threads and learned from the real smart people on this site.  NEWMOM24, you can do it look and learn. 

Michelle 

Message Edited by MichelleRichards65 on 05-01-2008 09:08 PM

[Anonymous]

paying that CA is a good thing - but it will still show as a CA (a baddie). Try GWing it.

I can understand your anxiety to see your new scores - but it does take time for the CC companies to report.

When you say you ordered your acores on April 7, I assume you mean through MyFico.com?