August 2024 Check-In Thread

[Kenny]

I know you are all hard at work with your credit goals.  Have you progressed as far as you hoped?  Were there any unforeseen expenses that popped up and may have thrown you off schedule?

As a reminder, participation in these monthly check-ins is optional but encouraged. The goal is to help keep you on track, so feel free to post your progress updates here. This is a judgment-free zone; feel free to say what's keeping you up at night or give yourself a Kudo for having it all together.

Did you hit any potholes or speedbumps? Achieve some milestones, either small or mighty? Change your goals or add new ones?

Let us know how you're doing! 

[Snook_on_the_Line]

Still plugging along keeping up on time payments and not carrying any balances.  

got the chase Amazon Prime VS at the beginning of last month with a 12k sl and an hour later a collection for $1900 showed up on Equifax report.     So I took a pretty big hit there (~80points). 

so no more new apps on the horizon until I can get that paid. 

on the bright side it's a medical debt so I should go away after it's paid.   

[SeaProbe]

I flipped another page on the calendar and spent another month in the garden.

So far, nothing really appealing enough to tempt me to leave the garden. And it is good weather for gardening

[CaneVariant]

Another month in the garden. My NFCU SSL reported this month for the first time. Nice little ~ 20 point across the board. Back to the garden. Cheers!

[IsambardPrince]

Discover told me that my FICO 8 on TransUnion went up 5 points to 672. That's been my lowest bureau since I re-emerged from bankruptcy in 2020.

I cannot figure out why.

It's up 5 points from last month, but I feel it should be a higher number than the other bureaus considering that TU accidentally deleted the entire tradeline about the car that was included in bankruptcy while the other two just updated the account with what I was disputing it for.

Near as I can tell it's all the same data the other bureaus report except that the car is missing and my score is still lower than the other two.

I suppose it's possible that, perverse as it may seem, the car being there, even in bankruptcy, is being scored as a positive for "paid in full" by a later insurance claim on the other bureaus, and "account type diversification" and that might be boosting my FICO score even though it's a negative tradeline. Being missing from TU means that my only others are credit cards.

The other bureaus say this car loan will fall off in April 2027, whereas the bankruptcy-included credit cards will all fall off in August 2026.

When the loan went good again, my ex called into KIA and they removed a bunch of late payments and it caused the date of first delinquency to reset to when it was IIB with no missed payments up til then, so he actually added several months to it, but deleted the negative payments.

I expect that after the credit cards fall off in 2026, Transunion will be my highest score.

[LRC]

I now have four open prime credit cards with no AF and good cash back, total cl $20k. Three were opened last month, one in January. I haven't taken the hit for the new accounts yet, so that will be interesting to see how it affects my scores. Otherwise, my cc debts are paid and my student loan reports a very small balance. 

I think I have done pretty much all I can for the moment in terms of setting myself up for success in the future, other than goodwill letters (which have not worked thus far) and closing subprime accounts.

It's time to just continue to focus on increasing my income, hitting savings goals, paying bills on time, and figuring out how my credit cards report to the bureaus--getting my AZEO routine down. In other words, understanding the lag times between balance, payment, and statement closing, and getting everything to synch up with reporting. Oh and CLIs in the next year.

I hit 700 with TU and EX last month for a hot second, which felt great. I cannot wait until that is consistent.

[keekers]

I've had my eye on completing the Chase trifecta for a LOOOONG time...August will finally be the month I'll be able to check that box (hopefully) when I app for the CSP. I've loaded up my most recent Ink card to hit the required spend for the SUB so I need to pay that down a bit in the next couple of weeks first but I'm shooting for the middle of the month for the app. If everything goes well I'll actually have a Chase quadfecta.

[Danny_Lab]

Hey everybody,

current big goal for me is becoming debt free by end of year on revolving credit accounts and working toward 800 club.

just moving along and throwing money into HYSA while I have balances on 0 apr promo 

Current progress is $14k out of $27k balances 

I wish everyone the best in their goals!

[WW1984]

Hello All,

-Continuing to garden until June 2025.

-Successfully removed a paid charge off that appeared on TU and EQ reports.
-Successfully removed 6 more derogs from each of the 3 reports resulting from disputes.

-All negatives were approximately 5 years old.

-Increased Citi Custom Cash CL from $5K to $8K, thus increasing overall available credit to $116,200.

-2 credit scores dropped while 1 increased. Hoping for better results next month.🤞

From JULY:       To AUGUST:

EQ 748                 741

TU 751                   767

EX 761                   759

Wishing everyone SUCCESS!!!

[ronstar7]

Hello all,

I'm late but I'm checking in.