Journaling My Rebuild

[Anonymous]

Hey @Anonymous Thank you! I haven't tried to GW yet, I plan on trying to do a GW in the next few weeks. Hopefully we both will have success!

[Anonymous]

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@Anonymous wrote:

Hey @Anonymous Thank you! I haven't tried to GW yet, I plan on trying to do a GW in the next few weeks. Hopefully we both will have success!

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I will keep you updated with any headway I make! 

[Anonymous]

I recieved an alert today that a collection was removed from my TU report, I recieved an increase of 78 points!  Went from 612 to 690 which was awesome news.  However, I was looking at my EX report today and it the collection was removed from there and EQ as well but i have not seen a score bump with them which I find very strange.

I know that they all update at different times, but it seems like since the collection was removed, I should have seen an update from all 3.

[Anonymous]

Another score increase on EQ, 63 points!

[financialfreedom777]

Great post, I posted a similar one on this Rebuild thread as well.  Good luck, the journaling has helped me!

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@Anonymous wrote:

I wanted to start a thread to journal my rebuild.  Currently I have a few things that I need to work on, 3 charge off accounts; 3-4 collections and late payments that I would like to have removed through GW.

Starting scores on 5/8/2020

EX -565

EQ-572

TU-584

Goal Score: 700

Goal cards: Amex Optima, NFCU Go Rewards, Discover It,

Loans

Sunrise Self Lender: never late

Mohela: 12 late payments

Navient: 4 late payments

Honda Financial-11 late payments

4 Charge Off Accounts

Synchrony Charge off: 1600/1780; paid on 4/27

Merrick Bank Charge off: 750/1043: paid on 4/30

Amex Charge Off: 1000/756: paid on 4/30

Capital One charge off ; paid in 2019

Active Accounts 

-Citibank AU: 1820/2000; account has a 30 and 60 day late from 2019; removed myself as an AU on 5/5

-Home Depot AU 500/287: 1 30-day late from 2019; removed myself as an AU on 5/4

-Fingerhut: 300/0-new card

-Comenity Bank VS 100/0

-NFCU Go rewards; 1000/0-new card, not reporting yet

Collections
Verizon Wireless: 714.00

Medical Data systems: 760.00

Convergent/Sprint: 1477.00

Inquiries 

5

Plan for May

-Goodwill Amex, Merrick and Synchrony Bank

-Continue Goodwill campaign for Honda late payments

-Work on collection accounts PFD

-Continue to stay in garden for 6 months to a year (unless I get the optima application)

On 5/6/20 

My Equifax increased by 23 points,  I believe this was from decreased utilization on the Citicard that I was an AU on, since the balance went from 1832.00 to 1032.00 ,which brought it down to 51% utilization.  I removed myself as an AU after this was reported, hopefully, I don’t take too much of a hit when it updates as removed.

Currently waiting on my paid/settled charge offs  to report as paid, once it updates I will document any changes to my scores.  I also sent a dispute for a collection that was inaccurate on my reports.  

Current Scores as of today

EX 567

EQ 595

TU 580

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[Anonymous]

So much has happened that wasnt document.  My transunion score went up to 697, my EQ went to 680 and my EX was at 624 in the month of July.   I came up on my 91/3 with NFCU and decided to go for the 2nd card and a CLI with my GoRewards.  I applied for the Amex More rewards card and was approved for 3k CL.  I later applied for the CLI and my CL went from 1k to 2k so an increase of 1000.00.  These are not the high limits I see on the other posts in the pasts, but I am grateful.  

In August, my GoRewards card wasnt paid in full like I normally do.  They reported 614.00 utilization (out of 1k) and that brought my scores down in addition to apping for the NFCU AMEX.    Last week I recieved an offer from AMEX themselves for the skymiles card.  Now, what is interesting is that this was the card that was in collections when I started my rebuild back in April.  I did PIF in attempts to get the Optima, but they never resent the optima offer to me.  (they told me they had sent in 2019 but i had never received or responded to it). I wanted the optima so badly though just to get back in with Amex!!  Anyhow, last week they sent the offer and I was said to myself "hmm my scores are not where they should be, but maybe they are sending for a reason.  The offer had my old skymiles number and everything, so I went ahead an applied, they gave me a message to call, and when I did they said they couldnt move forward with the app because i had a fraud alert on my experian.  (BTW I recieved a HP on EX)  they explained that I would need to call experian, have them remove the alert and then call amex in about 5 business days to reapply.  So last week, I called EX and had them to remove the alert,

Today, I started thinking that I shouldnt apply because my scores had taken a dip, and I didnt want another HP for something that I would get denied for (2HP in total from EX).  But then I thought, heck why not, so I called Amex, explained that I removed the fraud alert and gave them my reference number, I was instantly approved for a SL of 1k.  I am still in SHOCK.  Only because I wanted the amex optima so badly, and to get back into the amex family again.  Now I am officially back into the Amex family and I couldn't be happier, hopefully, I can build this card's limit with time.

The Amex skymiles promotion is that I can earn 60k bonus miles after I spend 2k in the first 3 months.  

So now my fico 8 scores are 

TU 683

EQ 663

EX 611

I am hoping that the rise once I pay off my go rewards card this month.  

[financialfreedom777]

WOW! That's amazing progress! What changed that was able to jump your scores by almost 100pts each?

Congrats on the cards... remember, don't go too crazy on the cc apps. :-) maintain the improvement. 

Tee, Hee, Hee... I'm learning from all the value inputs the veterans on here give 

[Anonymous]

You probably know this already. I have a couple of NFCU credit cards myself and they close on the 14th and report on the 16th or 17th of each month. Good Luck!