Woke up to a spike of 79 points

[Anonymous]

Hey all, 

So I've been rebuilding my credit since 2013 when CapOne gave me a QS1 and CreditOne gave me one of their gems (with a 99$ AF). I've always been responsible but my mom ended up in a dark period of her life when I was in college and had to use my credit to survive. 

8 months ago I took care of my 2 collections and I've been coasting along waiting for my delinquincies to drop off, mostly next year and early 2020.....or so I thought.

Per Credit Karma, my EQ spiked 79 points. Apparently, my ~5k amex debt and ~8.5k CapOne debt dropped off. Those were my 2 biggest and all that's left is a ~$400 Amex which was closed Oct. 01, 2012 and a car repo for $5,500 with the last payment Feb. 01, 2013.

I'm pretty shocked as I thought I had more time before those vanished. I closed my creditone card 5 months ago when they refused to drop the AF. And today, I found that secret link to PC my QS1 and I turned it into a QS, which I'd been hoping to do for the past 2 years. I now have an 8k limit on that and it's my daily card. 

I'm super stoked that all my attention and hard work is paying off. I have 50k in student loans and a mortgage I got last year for 143k. I'm just waiting on the rest of the delinquincies to vanish and I should be pushing an 800 score. 


Anybody have suggestions for my next step? I will be buying or leasing a car in April 2019 as my current lease is up. Any good cards to get for around 715 EQ score, 3 hard inquiries, my debt and the delinquincies (with age) stated?

Thanks to the forum for all the advisement!

[Anonymous]

You need a FICO score before people here can really make suggestions.

[Anonymous]

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@Anonymous wrote:

Per Credit Karma, my EQ spiked 79 points.

Anybody have suggestions for my next step?

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If you aren't aware, CK doesn't provide FICO scores, so the score you're seeing that went up 79 points is unmeaningful and should be ignored since the chances of a lender actually using it are slim to none.  Do you know your FICO scores?  If not, your next step should be to head immediately to creditscore.com or creditscorecard.com and get a free EX FICO 8 score.  That's a very meaningful score since lenders are likely to use it.  That's the score you should track moving forward and literally ignore the VS 3.0 scores you're seeing from CK.  Continue to use CK to monitor your reports weekly, just pretend their provided scores don't exist.

[Brooklyn2018]

Op, you can all 3B reports and FICO 8 scores from creditchecktotal.com for $1 7-Day Trial. Just be sure and cancel before the trial is up.

I thought I was locked out of CCT....

“Just when I thought I was out. They pull me back in.” - Godfather🤣

😊

[Anonymous]

There have been a handful of people that have reported getting locked out of CCT.  I always find this odd, as I've done over 50 trial memberships and have never had any issues getting in or continuing to do them.

[Anonymous]

Gotcha! I'm looking at my EX score on creditscore.com and it's showing 615, but the 9k in CapOne debt is still there. Should I expect EX to be potentially a few days behind TU? Should I wait a week or two and check again? Would I possibly need to dispute that with EX, and can that have an affect on the debt itself being "refreshed"?

[Anonymous]

What was your report date on creditscore.com?  It's possible that EX has already updated, just your creditscore.com account hasn't yet refreshed.  Are signed up at creditscorecard.com?  If not you could do that, which is another monthly free source for your EX FICO 8 score. 

[RonM21]

I would do what BBB said and try another source as well. Really, I would try the $1 trial at CCT to get all 3 reports and scores to see where it all stands.

[Anonymous]

I'm curious to hear back the date of the report.  The element of time here is really the only variable, as scoring model and bureau data are a constant when speaking of the same CMS.  Since creditscore.com only updates once every 30 days, perhaps the OP is at (say) 20 days since his last report, meaning he's got 10 days to go for the next one.  If the profile change came 5 days ago, the pull he's looking at came 15 days prior, meaning it's not reflected in the current displayed score.  

[Anonymous]

Well, I signed up on creditscore.com a couple days after TU was showing the 9K in debt being removed. 

Edit: actually, it's EQ that's showing the debt removed. I thought it was TU. Not sure if this affects anything I've said much.

I am going to wait a few more business days before looking into my updated scores, but:

TU FICO (via my walmart card, as of 12/9): 650. On credit karma, as of 12/4, the 9k in debt is still on my report.

EX FICO (via creditscore.com, as of 12/7): 615. On that report, as of 12/7, the 9k in debt is still there.