March check in. I'm focusing on establishing new lines of credit and good payment history and since I started just 4 weeks ago my score has been steadily improving. Staying the course!
New to this Forum, just set up my Challenge.
Welp, something reported unexpectedly on Equifax and tanked my scores by 30+ points. I "fixed" the issue, but I won't get correct reporting until April with the account in question, so I just have to stare at the ugly score until then (I'm not going to ask for off cycle reporting).
My car died, so I bought a new one. The good news is that I got a really good rate! The bad news is that it was 0.10% higher than their promo rate. They pulled that stupid Equifax report. So my DTI was a little odd, but I could explain everything the LO & UW saw, so they were pretty content. I'm loving the new car, and I'm REALLY glad I started cleaning up my credit last year. The whole reason was so that I could purchase a new car in 2020. So... I had to finance more than I was planning, but that's ok. Because by the time I would have been prepared for a new car, I will have paid down the balances anyway.
The new accounts are going to wreck my AAoA, but nothing can be done about that now.
And I sent a letter to EX hoping for an early-early-exclusion, but they're taking their time, and it turns out I could have just waited until April to ask for one within their usual time anyway. Oh well. Still, April should be a big month! I'm hoping *nothing* else happens in March!
How is the discover IT secured card treating you? I just added $1k and opened a new account. Will they eventually graduate you to unsecured?