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March 2018 Check In Thread

Established Member

Re: March 2018 Check In Thread

Additional March Update:  I did a thing...

I have a short, but otherwise excellent credit history, however I have been sitting on four accounts opened in the past 9 months, and knew I had only one shot at applying for a Chase Sapphire Preferred card, or I would have to wait well over a year to apply due to the 5/24 rule.

I was also concerned about losing points on my credit score due to a hard pull, and then not being approved.  

Today, I got brave and applied for the Sapphire card, and was instantly approved with a $5,000. limit.  A low limit, I know, but I'll take it.

Hooray!  I owe it to all the support and good information I've received in these forums.  Thank you.


Starting Score: 701
Current Score: 727
Goal Score: 800+


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Message 11 of 38
Established Contributor

Re: March 2018 Check In Thread

Thank you for the kind words, Bella!!!

~~~Rebuilding Score History~~~
Starting Ficos: EX 541, EQ 493, TU 523 (07/02/2016)
Latest Ficos: EX 659, EQ 696, TU 739 (02/24/2018)
1st Goal Ficos: EX 700, EQ 700, TU 750 (12/31/2018)
~~~Credit lines~~~~
BofA Platinum Plus: $2000
Capital One Platinum: $500
Discover It: $10,500
Chase Freedom Unlimited: $6400
Home Depot: $500
BofA Cash Rewards: $1500
Lowe's: $1000

My Credit Rebuild


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Message 12 of 38
Frequent Contributor

Re: March 2018 Check In Thread

A month has past and I would say, “I’ve made SOME progress from February’s hard work...?”

I DV’d about 4 baddies and received one validation. One ‘return to sender’ 😞(which I’ve figured out their CORRECT address) One deletion(temporarily until validated) which I hope they can’t. One still waiting on.

I did PIF my ONLY credit card(which was a CO) where my UTL was 45% and is now 0%. Thought I would have received a slight increase but, no...they dropped across the board. That’s ok. I expected as much, due to, the other baddies weighing them down. I also have no new positive TL’s reporting.

I will have to app for the OpenSky(for now) to establish a positive TL to help with my scores and show responsible behavior. Maybe establish a Self-Lender? One way or another, I NEED some positive accounts reporting!! So, in April, I plan to do just that.

My scores in my siggy show just how bad things had gotten from a layoff and a shattered fibula bone and what eight months can do to your credit. I was in the mid 600’s, doing well but, tragedy struck and I’m having to rebuild.

Although, it hurts, I know I can climb out of it. MyFICO forum with the GREAT ADVICE and PEOPLE here, I keep coming back EVERYDAY with new hope and new encouragement from everyone’s accomplishments and stories they tell.

Thanks, EVERYONE!👍😊



Starting Score: EQ 491
Stating Scores 02/13/2018
TU 483 EX 543 EQ 491
Current Score:
EQ 563
Goal Score: 600 (for now)


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Score: 06/16/2018 TU 556 +34
Score: 06/16/2018 EX 546 +0
Score: 06/16/2018 EQ 563 +52
In the Garden until 11/2018

GREAT PLACE! GREAT PEOPLE! GREAT ADVICE!

Message 13 of 38
New Member

Re: March 2018 Check In Thread

Fico 8 EQ: 622
Fico 8 TU: 645
Fico 8 EX: 626

Short term goal: Fico 700+
Long term goal: Fico 800+

Got approved for:
Macy’s (300)
Discover (800)
Carecredit (5000)
Walmart (200)

Already have:
Cap One (4100)
Carson’s (700)

Denied for:
Cost Co Anywhere
PenFed
Citi
Chase
A few others!

Utilization at 10%
Message 14 of 38
Member

Re: March 2018 Check In Thread

I don't know what it is about the Discover Card but it seems that since I've added it to my credit portfolio there was a big boost in my score on average of 20pts. I'm excited in my progress and can't to see where this road will lead. I have some major goals. I've come a long way in actually just a few short months.
Starting Score:EQ486 TR513 EX496
Current Score: EQ707 TR678 EX601
Goal Score:700+


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Message 15 of 38
New Contributor

Re: March 2018 Check In Thread

Just starting this Journey (Current scores in Sig).

 

I think the biggest hit to my current credit is when i had to close two cards with balances (during a divorce in 2011). I would suspend the card/report it lost/stolen, and the now ex-wife new my info and would call and get another card, cycle repeated for several months. I finally got aggravated and told them they could close them because they kept letting someone else restore charging priveledges. 

 

So i have 100% utilization.

Synchrony Lowes 3700/0

Ge Capital Sears 1480/0

Barclay 0/2650

 

My Goal is to pay the 2 cards of rather quickly 3-4 months so that when the other negatives fall off i should be ok and then start paying the local credit union down.

 

The only other tradelines i have open

Nationstar Mortagage. 147k @ 4% (approx 70k Equity)

Ally Financial 20k @ 5.99 Auto

Student Loans 84k

Credit Union 25k @ 8.74 Boat


Starting Scores: EQ 681 TU 690 EX 674 - 3/13/2018
Current Score:    EQ 686 TU 698 EX 674 - 3/18/2018
Goal Score:         EQ 750 TU 750 EX 750 - 12/31/2018

Open:
Discover it - $0/$7500
Barclay       - $0/$2650
Ollo             - $0/$2000
Closed:
Sears (Citi)               - $1341
Lowes (Synchrony) - $3791

Utilization: 42.2%

NEVER EVER, close a card unless it is paid to $0... Even then reconsider.
#ILearnedTheHardWay
Message 16 of 38
Community Leader
Valued Contributor

Re: March 2018 Check In Thread

Congratulations, sfgeoff! Smiley Happy


Current Scores------ EQ 675; TU 658; EX 689 FICO 08--- Gardening 5/25/18 to ~12/15/18
Beginning Scores-- EQ 632; TU 576; EX 619 FICO 08 (06/13/16) - BK7 discharged 11/2015

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Message 17 of 38
Community Leader
Valued Contributor

Re: March 2018 Check In Thread


@Brooklyn2018wrote:
A month has past and I would say, “I’ve made SOME progress from February’s hard work...?”

I DV’d about 4 baddies and received one validation. One ‘return to sender’ 😞(which I’ve figured out their CORRECT address) One deletion(temporarily until validated) which I hope they can’t. One still waiting on.

I did PIF my ONLY credit card(which was a CO) where my UTL was 45% and is now 0%. Thought I would have received a slight increase but, no...they dropped across the board. That’s ok. I expected as much, due to, the other baddies weighing them down. I also have no new positive TL’s reporting.

I will have to app for the OpenSky(for now) to establish a positive TL to help with my scores and show responsible behavior. Maybe establish a Self-Lender? One way or another, I NEED some positive accounts reporting!! So, in April, I plan to do just that.

My scores in my siggy show just how bad things had gotten from a layoff and a shattered fibula bone and what eight months can do to your credit. I was in the mid 600’s, doing well but, tragedy struck and I’m having to rebuild.

Although, it hurts, I know I can climb out of it. MyFICO forum with the GREAT ADVICE and PEOPLE here, I keep coming back EVERYDAY with new hope and new encouragement from everyone’s accomplishments and stories they tell.

Thanks, EVERYONE!👍😊




Hi Brooklyn, It sounds like you're making progress. I'm sorry about your layoff and shattered fibula. Hope you've recovered! I've read the CRAs don't like to see 0 balances on all your cards. I think having three is the rule for credit scoring and only letting a balance post on one out of three each month. And it's definitely important to have an installment loan. Glad to see you here! Smiley Happy


Current Scores------ EQ 675; TU 658; EX 689 FICO 08--- Gardening 5/25/18 to ~12/15/18
Beginning Scores-- EQ 632; TU 576; EX 619 FICO 08 (06/13/16) - BK7 discharged 11/2015

Take the myFICO Fitness Challenge
Message 18 of 38
Community Leader
Valued Contributor

Re: March 2018 Check In Thread


@DFC1wrote:
Fico 8 EQ: 622
Fico 8 TU: 645
Fico 8 EX: 626

Short term goal: Fico 700+
Long term goal: Fico 800+

Got approved for:
Macy’s (300)
Discover (800)
Carecredit (5000)
Walmart (200)

Already have:
Cap One (4100)
Carson’s (700)

Denied for:
Cost Co Anywhere
PenFed
Citi
Chase
A few others!

Utilization at 10%

Hi DFC1, I just got denied for a PenFed card too. They're pretty tough, as are Citi and Chase. Costco is Citi too, right? I'm on a roll of being denied, which just means I need to keep building positive history and letting the cards I have age. Your utilization is pretty good, though, so that shouldn't be hurting you. Have you checked out the Garden Thread on here under Credit Cards? I haven't been on in a few days, so I don't know if you've posted over there. It's good for getting yourself in a better position to improve scores and eventually get those higher tier cards. That's what I'm working on. Good luck in the future! Smiley Happy


Current Scores------ EQ 675; TU 658; EX 689 FICO 08--- Gardening 5/25/18 to ~12/15/18
Beginning Scores-- EQ 632; TU 576; EX 619 FICO 08 (06/13/16) - BK7 discharged 11/2015

Take the myFICO Fitness Challenge
Message 19 of 38
Community Leader
Valued Contributor

Re: March 2018 Check In Thread


@Zephwrote:
I don't know what it is about the Discover Card but it seems that since I've added it to my credit portfolio there was a big boost in my score on average of 20pts. I'm excited in my progress and can't to see where this road will lead. I have some major goals. I've come a long way in actually just a few short months.

Wow, Zeph, that is a nice jump! Congrats! Smiley Happy


Current Scores------ EQ 675; TU 658; EX 689 FICO 08--- Gardening 5/25/18 to ~12/15/18
Beginning Scores-- EQ 632; TU 576; EX 619 FICO 08 (06/13/16) - BK7 discharged 11/2015

Take the myFICO Fitness Challenge
Message 20 of 38