Bad credit started in 2016 when I had a 1099 job and it was full commission... and just haven't been able to maintain any type of progress. Now, I am determined. I have a little extra cash and I am trying to help my score.
Currently: EQ- 530 TU 551 and EXP - 565
Util: 86%, however just yesterday I paid all of that off aside from $50. It was about $1850 worth on 5 cards.
Open: Citi secured ($300), Credit One ($500 just increased from 700), Cap One Venture One ($500), Indigo ($300), Milestone ($700).
Cap1 Auto 20k, Chrysler Cap $13k.
Collections: PRA $600 $ $2100, LVNV $950, Credence $999, Midland $1609 & CBJ $150. Planning on settling with PRA & CBJ for deletion so far.
some recent late payments due to switching jobs (3ish on a car note) that brought my profess from 595 to 520s. Maybe a goodwill letter will help?
Once the utilization is reported to under 5%, how much will it increase do you think? Also, once I get the PRA collections off my report, what do we think will increase?
The drop of util %'s will help. How recent are the lates? Getting the CA's to PFD doesnt move too much until the last CA is paid/settled. Its not like each CA is worth so many points. You'll see some gains. To pinpoint where you'll land is a toss up.
Homeowner Sept 2020. 2021 Explorer ST Chase 3.1%. Sharing my recovery after BK from learning here. Started 540's. EX FICO 9 801 as of 05/03/2023. I stayed around to pay it forward for those who helped me back then.