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financially wrecked - please advise my best moves

iowe
Regular Contributor

Re: financially wrecked - please advise my best moves

Status update: 

 

In the middle of the balance transfer reporting to the credit bureaus, my lowered NFCU Cashrewards card balance has reported to the bureaus, but my Discover won't report the balance I transferred from NFCU Cashrewards until 1/12... so, my scores have all temporarily spiked for the next few days with the large decrease on the NFCU card balance. All the way up to 792. Smiley Very Happy 

 

It's a bittersweet moment on the way up this mountain I'm climbing. The shiny excellent credit score.. like watching a comet shoot across the sky. You can only see it for a couple of days and then it disappears for a while. You hope it comes back around again. Smiley Very Happy

 

I used the opportunity to soft pull a CLI from NFCU and my limit on the cashrewards card went frrom $24k > $32k. This might net me a few more points when the Discover balance reports and my score drops back down to about where it was a week ago. It's a small victory but I needed it. 

 

 



Equifax 08
Starting Score (Summer 2013):
564
Current Score (3/2023): 776
Goal Score (2/2024): 850




2 Installment Loans I 15% CC Utilization

Gardening until I’m debt free.
Message 51 of 52
SlideOrInsert
Regular Contributor

Re: financially wrecked - please advise my best moves

congrats on those increases!

 

I was really disappointed nfcu did not offer existing card holders any balance transfers this year.  would have been nice to see all your balances at 0% interest.

 

upgrade
9/2022
$30000
nfcu
8/2020
$20000
nfcu
12/2018
$30000
bofa
8/2016
$30000
citi
3/2016
$21000
discover
5/2014
$20000
chase
10/2007
$8900
Message 52 of 52
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