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May 2022 Check In Thread

Caramelhunnyva
New Contributor

Re: May 2022 Check In Thread

Last month I colsolidated my cc debt.. Paid pretty much every off. Kinda mad at myself for letting it get that bad could have used the money for home repairs.. Such is life.. I'm grateful for being able to qualify for a large loan like that considering my past credit issues.. Other than that, slow and steady... I applied for and got approved for a cap1 venture card. Trying to make sure I don't dig another hole for myself.. 

Starting Score: 499
Current Score: 640
Goal Score: 850

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Message 11 of 13
JM761
Valued Member

Re: May 2022 Check In Thread

Really glad to find this Challenge/Thread. I'm learning and starting to feel a wee bit of hope. I had 720-750 score for years without even trying. Didn't realize how lucky I was to be naive and have good credit. Then, life happened. Husband was downsized and could only find parttimework. He went back to school and we couldn't stay afloat. 2016-2018 were rough. Then, just before my husband graduated school and could go back to fulltime, the shutdown (and all that came with it) happened. Finally, 1.5 years after graduating in the middle of the pandemic, he is no longer underemployed and we can start paying down debts. We kept his credit at 720+, mine took a hit. Charge offs and late payments everywhere. Trying to clean up so I've been lingering in the Rebuilding credit forum to learn. Next steps, finish settling the smaller debts and wait for them to reflect on the CRs and try and get a secured card and become an AU on my husband's CC to rebuild my thin, ugly credit history. 

Spent the last hour scrolling through the posts here...finding so much inspiration and ideas. Seeing how far many of you have come shows me there's a light at the end of the tunnel. Thank you. Thank you. Thank you!

 

me:

635 in March '22 (start of rebuilding journey)

595 in April (I think b/c I paid a few things that hadn't been updated and now, although paid, they show 2 years of non-payment)

617 in May (possible increase due to 2 paid collections)

 

Looking forward to June - not all CRAs have updated with my settled chase charge off or paid medical collection yet. Still have to decide on whether to pay a small charge off from 2019 for $350 or unpaid collection from 2016 ($650). Unpaid collection is bigger $ but may be better for my score. I can't do both this month so I'm going to research and make decision by end of week. 

 

Message 12 of 13
Binbinimiwi
Contributor

Re: May 2022 Check In Thread


@Binbinimiwi wrote:

First time posting on the monthly thread. Most of my info is on the original thread https://ficoforums.myfico.com/t5/Take-the-myFICO-Fitness/Take-the-myFICO-Fitness-Challenge-2022/m-p/...  and I just found this place. Two good things are my Fico 8's are up to the 670's now that my 2 new trade lines are posting, and I'm building a nice little savings.I also paid off a $124 medical collection this week, so I'm excited to see how that affects my score since it was PFD. So, no more collections on my account and I'm gardening and racking up my cash back on both cards.

Good luck to you all Smiley Happy


UPDATE: My Experian score is now up to 682 with the drop of the medical collection! Haven't checked the other bureaus yet, but this is good news for me!!

Starting Score: 545 EX (Jan 2021)
Current Score: 682 EX (May 2022)
Goal Score: 785-789 EQ TU EX by Dec 2024


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Message 13 of 13
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