cancel
Showing results for 
Search instead for 
Did you mean: 

The Effects of Debt Consolidation!

tag
Talima719
New Contributor

The Effects of Debt Consolidation!

Hello!

 

I have another thread that was primarily around me obtaining a personal loan for debt consolidation of my CCs. However, I started this one to show the before, during and current scores.  Not bad for 22 days!

 

Before Debt ConsolidationBefore Debt Consolidation12 days after consolidation12 days after consolidationToday!Today!

5 REPLIES 5
Cred4All
Valued Contributor

Re: The Effects of Debt Consolidation!

Definitely a quick improvement on the FICO front!


Message 2 of 6
SweetCreditObsession
Valued Contributor

Re: The Effects of Debt Consolidation!

Thanks for sharing. Did you close out your credit cards?


(+102) | (+106) | (+151)
| TU Fico 9: ? | Exp Fico 9: ? | EQ Fico 9: ?| EQ Fico 8 Bankcard: TBA

Initial Goal: Min. 740 w/all CRAs - Met
Interim Goal: 780 w/all CRAs - Met
Current Goal(s): Min. 800 w/all CRAs
Gardening Until: ??/??/202?| Last App: 10/20/2023





Message 3 of 6
Talima719
New Contributor

Re: The Effects of Debt Consolidation!

Nope! All are still open.  Now I have to remove them from my wallet.  All but one to use for gas which I will ensure to be PIF every month! I haven't figured out which one yet.

 


@SweetCreditObsession wrote:
Thanks for sharing. Did you close out your credit cards?
Message 4 of 6
MzChrissy
New Contributor

Re: The Effects of Debt Consolidation!

Awesome credit jump! Where was your utilization prior to and post debt consolidation?
Current Score:
Goal Score [Dec. 2021]:

Take the myFICO Fitness Challenge

NFCU Platinum $50k | BlueNile $22.5k | Macys AMEX $20k | Citibank (AU) $19k | NFCU LOC $15k | AMEX Platinum $13k POT | Apple (Goldman Sachs) $12k | Amazon Store Card $10k | PayPal Credit $10k | Discover IT $10k | SoFi MasterCard $9k | Nordstrom Visa $6k
Message 5 of 6
xaximus
Valued Contributor

Re: The Effects of Debt Consolidation!

That's a pretty awesome jump on the scores! Keep it up!


Scores - All bureaus 770 +
TCL - Est. $410K
Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.