Hi. I just joined today so I wanted to post my status for the month.
This month my goals are to:
* contribute to savings each week
* contribute to IRA each week
* pay Target balance in full
* pay $150 on credit card (my balance is very high right now)
* pay on 2 medical bills (it will be a while before they are paid in full)
I have to stay focused and dedicated this month. It's really hard with 5 kids something always comes up & and sidetracks what I had planned. I'm going to work extra hard to start this month off right!!
Checking in for February. I was able to bring down my CC debt to just a little over $7K on one card. Since my utilization is still over 50%, I'm still getting dinged on that. I decided to go ahead and transfer $3500 of it to another CC. Now I will have 2 cards with balances but because of the balance transfer, I'm hoping to save some money on the interest. Both cards will now be under 25% utilization so it will be interesting to see if any of my scores will tick up. I still have 1 late payment showing on all bureaus that happened almost 6 years ago on a closed account. I was in their chat room to see if I could get them to send a "goodwill" letter to remove this late payment but was informed that this was a final and closed reason and cannot be changed. I might still go ahead and send a letter to them anyway. Not sure if this will help or not. The chat room lady did say she was sending in a dispute on my behalf to the agencies but not sure if this will help.
My starting score shows what I had when I first signed up with MyFICO. My starting scores were in the upper 600's according to Credit Karma as well as mortgage lender hard-inquiry pull a year ago to look into re-financing my house. Because it was below 700, I decided not to re-finance. I would work on paying off my CC debt instead. I have reduced it from a high of $22K to now $7K. I'm hoping to have it all paid down by May 2015. I'll keep posting my check-in's and status. Good Luck to everyone on their 2015 goals.
Thank you!! Good luck to you!! You have done an AWESOME job paying off $15K in debt. Keep up the good work!!!
I am a grateful to have a place to converse with like minded people.
Morning GCrs. I feel like a prospector. I be smelling the silver & I'm getting close (ha, ha).
I want to do the fitness challenge, but do not see the option in my personal info page?
I am digging myself out of the 500's finally! It was a long hard road. Any other suggestions how to get out of the 600's?
Progress!!! This is getting addictive, lol!
I received several myFICO alerts today... EQ went up 22 points and EX went up 31 points! Still waiting on TU, hopefully that will happen in the next few days
Started 2015 at 98% UTI on my 2 cards. Paid down a decent chunk in January and got a Cap1 QS1 card. The new card and lower balances just reported, overall UTI is now around 80%. I honestly was just hoping for maybe a 10-15 point jump. I am absolutely stunned!!!
Have GW letters ready to go out to BoA in an attempt to get the entire TL removed. Last payment is set up.
An auto loan with a non-stupid rate seems so much closer now. Just gotta keep plugging away and hope my car will make it a few more weeks.
Best wishes to everybody
Pulled reports, currently trying to get off a black mark from 2009 of an account includ. in my Ch. 7 but was still listed as accounts in collections. Following up late next week to make sure it was addressed and removed.
Managed to pay off my only credit card (Capital One CL $2k), keeping it at under 5% usage is the big goal for the upcoming year.
Considering applying to my credit union for a card as I know I'll get the approval and could really use another card reporting. I'm going to wait until after the 18th when my capital one card reports to see how that affects my score. Scared of what a new account and a hard pull from my credit union is going to do to my score. Thoughts?
Paid off a longer term installment note in January, pretty sure it's already reported though as I saw a drop from what was likely its closure.
Trying hard to get to 640 and the sooner the better, there is a USDA mortgage loan waiting for me and a couple houses in the area that would fit our family perfectly and get us out of paying an arm and leg for rent in this high cost of living area. My wife is hoping by the end of the summer as she is moving to homeschooling next year. I'm hoping sooner than that but we will see....