Hello,
I have been trying to improve my score for over a year now and finally I have reached a mark I don't know how to go above. Couple of years back my credit score was in 500's because of missed payments, late payments, account going to collection and high credit usage. Finally I managed to get my credit to 745 (Fico 9)
I have 3 late payments with Bofa which they are refusing to remove even after letter of goodwill. Similarly I have 3 late payments between 2 capital one accounts. I had one Citi credit card which went into collection and I paid it off (Unfotunately I was new to credit and I paid it to collection agency for less amount and now it shows paid for less than full, so I believe thats deliquency). I have a student loan of $29000 carrying $13000 balance, I paid off $20000.
My credit card limits are very low, $700, $500 and $1850 respectively. I have been trying to get CLI but to no success. My last missed payment on my active credit card was 30 months back. And I settled my Citi card exactly 2 years back.
Even if I pay off my student loan, I don't think its going to improve my credit. I really want to go above 800 mark. Can you recommend me a way to do it? I have following things in my mind to try.
1) Add my rental payments to my report
2) Taking out couple of small loans (Unnecessary - furniture etc) and pay it off.
3) Since, I am not able to get a CLI on capital one, get a new credit card with higher limit (will I be approved with 745 score)?
4) Try again with Capital one and BoFa to get my late payments removed (I tried it with their executive department)
5) Lastly, hire a credit repair agency to improve my score
Please let me know if any of this options will help or if you have any other ideas? Unfortunately I don't have anyone who could make me an authorize user.
My credit report is pretty new too, with my oldest being 4 yrs 1 month. I pay off all my 3 credit cards at the end of the month so all of them have 0 balance. All my credit cards statement and minimum payment due dates are the same.
Really appreciate your help,
Thanks,
