Just doing a touch base with all the fellow fico members who started rebuilding/started building their credit history from late 2017 or early 2018.
Just to see a range of data points.
I started with exposure of <1K, and it grew to 18.5K in last 14 months.
Didn't pay any attention to my credit didn't really understand how any of it worked to be honest so I started seriously digging end of 2017 I had lower 500 score got a secured 200 CC because I misunderstood how those work as well but decided I had nothing to lose and needed to start somewhere (it's never to late to get your ducks in a row) grew my score to the end of 2018 to 755 and then refinanced my vehicle from 19% down to 3.4% updated my 200 secured to an unsecured 500 from my CU, and added an unsecured Amex of 1k and an unsecured Chase of 3800!!! That's right I started out a secured 200 and jumped to 3 unsecured CC and a crazy drop in apr in one year! Takes hella dedication and NOT TOUCHING but now I have a lot better understanding and I am eligible for a CLI on my Amex and am also eligible for a house this year! Afterwards I look forward to building my CC's to high amounts and soon thereafter getting my dream car! Good Luck to anyone who is building it is very tough but oh so worth it my banks jaw dropped when they saw my new 755 score end of December and it was very funny to me for them to be so nice about wanting to help me more after hahaha!
I started in late 2017, but didn't apply for anything until 2018. I did a bunch of research for a few months. You can see my stats in my signature.
I applied for my cards between March and June and ended with a total CL of $5k. It will probably stay that way until 2020 as I don't really focus on CL's since they don't really increase your score outside of utilization (which I keep low anyway).
Im focused on increasing my AAoA/AoYA which has a more profound effect on scores and scorecards.
2018 Empty file but student loan. 600's
-Disc IT secured
-local CU - 10 year personal loan - credit builder
-MyJewelersClub - 5k
-Amazon Rewards Visa - 2500
-Cap 1 Venture - 8000
Cap 1 graduated to QS1 - 3k
Disc IT graduated now 3k
Cap 1 Venture - 8k
Amazon Rewards - 2.5k
Score 725, 1 year avg combined history
Chase, BofA, US Bank, Amex (burnt)
Any tips to build it even stronger? Didn't get approved for anything chase. Might need to open a checking and savings there then slowly work my way in.
... Just doing a touch base with all the fellow fico members who started rebuilding/started building their credit history from late 2017 or early 2018. Just to see a range of data points.
May, 2018: 20,275 Revolving CL
March, 2019: 245,200 Revolving CL
I didn’t really get serious about rebuilding until March of 2018. I went from $9,250 to $52,450 in total credit lines.