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 cropped up and may have thrown you off schedule?
As a reminder, participation in these monthly check-ins are optional but encouraged. The goal is to help keep you on track, so feel free to post your progress updates here. This is a no-judgement 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!
My goal for September is to hold pat and let my accounts age. As my scores were making their ascents towards 850, it was very exciting to see the daily ups and downs. Now, I get more excitement out of watching paint dry than I do looking at my reports on a daily basis. I was hoping to get some points on TU when two INQs turned one year old on August 20. Got nada. I'm assuming they deduped and got lumped in with the INQs from Sept 17. The INQs from August and September were for two different vehicles.
The simulator for EQ says I can achieve 850 by letting my reports age three months. The EX simulator says I can't achieve 850 in the next two years no matter what. It will only go to 849. I don't believe that and think I could get there in November when my last INQ turns a year old.
I have a project coming up and will need to tap my HELOC, so all this quest for 850 might have to take a back seat as the HELOC will report high utilization for a minute.
Sorry that my check in is extremely boring, but I am only reporting the facts. I'm eligible to pull my 3B reports through EX on 9/11, though I might try to hold out until the 17th to see if there are any changes to the scores. We shall see...
September 1 3B pull, for only the second time in the almost three years I've been monitoring my scores, all forty FICO scores went up!
Increased an average of 13.3 points across the forty scores.
Eq Bankcard 5 went up 52 points
A handful went up only 1 point.
My highest score is TU Bankcard 9 at 798. (I haven't seen an 800+ score in quite some time, but that's getting close.)
All but three of my scores are 740+. Eq Auto 5 is 728, Ex Bankcard 2 is 734, and Eq 10 is 738.
5/4/2 and Auto 5/4/2 and Bankcard 5/4/2 and 3 still lag behind the others but all the 5/4/2 variations (and 3) went up by surprising amounts.
My utilization has increased because i paid off 1 card to $0 balance so the spend i was dividing up between my cards was added to other cards, i thought my score was gonna drop but its actually gone up 8 points since updating accounts.