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Take the myFICO Fitness Challenge 2019

Your FICO® Scores can impact your loan interest rates, terms, approvals and more.
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Take the myFICO Fitness Challenge 2019

Take the myFICO Fitness Challenge 2019!
 
 2019.jpg

 

Happy New Year to the myFICO Forums Community!

Can you believe we’re entering our TENTH year of the myFICO Fitness Challenge?
If you have financial goals, the myFICO Fitness Challenge is the place for you!


What is the myFICO Fitness Challenge?
To take part in the myFICO Fitness Challenge, simply post an introductory note and state your financial goals for the coming year. Are you hoping to raise your FICO Score? Buy your first home? A new car? Get that coveted rewards card? Tell us about what you hope to achieve, and what reaching those financial goals will mean to you. As the year progresses, check back here to report on your progress, talk about hurdles you encounter, or simply reach out for support and encouragement from your fellow Fitness Challengers.

Monthly Check-Ins
To help you stay on track we encourage you to stop by for monthly check-ins. On the first day of each month, myFICO will post a monthly check-in thread for you to talk about your progress, successes, speedbumps, etc. Participation in these monthly check-ins is optional - but encouraged!

First time Challenger?
If you’re new to the myFICO Fitness Challenge, then welcome! To begin, set up your official  MyFICO Siggy signature on your Profile page (Go to My SettingsPersonal ProfilePersonal Information). Then just reply to this topic, telling us a little about your financial situation, your goals, and how you plan to achieve them during the coming year.

Returning Challenger?
Welcome back! Please be sure to update your myFICO Fitness Challenge signature ,so it directs to the current challenge. If you'd like, you can review 2018's challenge here.

 

Message 1 of 134
133 REPLIES 133
Established Contributor

Re: Take the myFICO Fitness Challenge 2019

🙋🏽‍♀️ I'm in!
Happy to be at the starting line.
🏃🏽‍♀️
Starting Score: EX 641 TU 631 EQ 669
Current Score: EX 714 TU 718 EQ 713 (EQ9 735)
Goal Scores: 750


Take the myFICO Fitness Challenge




Message 2 of 134
Regular Contributor

Re: Take the myFICO Fitness Challenge 2019

My goal is to reach 700+ across the board by this time next year and purchase my first home.

BK7 DC 1/2/2018


Starting Score: 512 Experian Fico 1/7/2018
Current Score: EXP 639 // TU 638 // EQ 650
Goal Score: 680+ across the board by 2020
Message 3 of 134
Regular Contributor

Re: Take the myFICO Fitness Challenge 2019

So diving into the Challenge for 2019... Looking to buy another car so want to bump up my score... Also looking to raise my CL on my credit cards and move utilization to 30%...

Starting Score:EQ = 690 TU = 702 EQ = 673
Current Score: EQ = 690 TU = 702 EQ = 673
Goal Score:EQ = 725 TU = 750 EQ = 715


Take the myFICO Fitness Challenge
Message 4 of 134
Established Member

Re: Take the myFICO Fitness Challenge 2019

I'm taking up the gauntlet of repairing my credit.  I'm starting with abismol credit scores in the 470s and intend to get to the upper 500s by the close of the year.  

Message 5 of 134
New Contributor

Re: Take the myFICO Fitness Challenge 2019

This is my first year participating and boy do I need to.  After spending 2014-2015 repairing my credit from multiple CO when I was young and stupid I almost undid all that hard work by racking up a lot of credit card debt in 2018 due to unforeseen circumstances.  Very frustrated with how I ended up here and I’m aware this will be a multiple year process to completely dig out of.

 

On the plus side (I guess) I only have 1 INQ and all the old derogatory credit did finally roll off my credit report so provided I can do what I need to do in 2019 it seems like my scores should increase as my debt and utilization lower.

 

Short term goals are pretty simple; pay down credit card debt, lower my utilization and prevent any accounts from becoming derogatory – the only account seen with a negative mark (apart from the high uti) on my report right now is my Target card which was 30 days late in 2018.

 

Down the road (6 months to 1 year) as my scores hopefully increase I would like to see what my options are for consolidating some of my debt (most of my cards are high interest) into an installment loan but I will cross that bridge when I am able to get to it.  Purchased a fresh 3B report today so I could be clear on what my scores are and I’m actually surprised they aren’t worse.

Starting Score:EQ: 621 EX: 590 TU: 631 1/2/2019
Current Score: EQ: 631 EX: 600 TU: 641
Goal Score: EQ: 700 EX: 700 TU: 700


Take the myFICO Fitness Challenge
Message 6 of 134
New Member

Take the myFICO Fitness Challenge 2019

Glad to finally join.  I have always caught in the middle or at the end. 

I am looking to purchase a home soon. 

Starting Score: EX 642 EQ 648 TU 639
Current Score: EX 642 EQ 648 TU 639
Goal Score: 800



target="_blank">Take the myFICO Fitness Challenge

CC Limit: Credit One Visa $750 Credit One MC $800 Quicksilver $600 1st Premier $500 Milestone 300 CapitalOne Unsec $200
Message 7 of 134
Regular Contributor

Re: Take the myFICO Fitness Challenge 2019

I'm a few months into rebuilding. I'd like to continue that upward trend.

My goals for the year:
Garden until my inquiries and TLs reach a year old.
Enjoy another year without an auto loan.
Get my secured Discover card to graduate.

PC my QS1 (I know its a pipe dream) or give it the axe before the AF is due.

Pray for an auto CLI on NFCU card.
Get my foot in the door at Penfed.

App for 2nd NFCU card.
Break into the 700s with my FICO 08 scores.
Start a GW campaign for 2 year old lates.








Message 8 of 134
Established Member

Re: Take the myFICO Fitness Challenge 2019

Hello everyone!

 

I just joined the site today and am glad I am going to try this challenge hoping I can learn a lot and want to buy a new car soon.

 

Unfortunately, in my younger years, I didnt pay very much attention to my credit and have handfull of old collection accounts I need to clear up.    I have been good a stopping myself from opening new accounts in the past several years other than one credit card I have been paying on regularly over the past year.   

 

I have an auto loan that will be paid off in February but am in need of a new car.    I still have a lot of reading to do on this site, but am happy I have found a great resource to learn from.     A lot of things I read here are foreign to me and not sure what all the different scores mean right now, but am excited to better my credit.

Starting Score:  EQ: 620    TU: 596    EX: 622    
Current Score:  EQ: 639    TU: 614    EX: 648    
Goal Score:      EQ: 810    TU: 800    EX: 815    

Take the myFICO Fitness Challenge
Message 9 of 134
New Member

Re: Take the myFICO Fitness Challenge 2019


@psylentj wrote:

Hello everyone!

 

I just joined the site today and am glad I am going to try this challenge hoping I can learn a lot and want to buy a new car soon.

 

Unfortunately, in my younger years, I didnt pay very much attention to my credit and have handfull of old collection accounts I need to clear up.    I have been good a stopping myself from opening new accounts in the past several years other than one credit card I have been paying on regularly over the past year.   

 

I have an auto loan that will be paid off in February but am in need of a new car.    I still have a lot of reading to do on this site, but am happy I have found a great resource to learn from.     A lot of things I read here are foreign to me and not sure what all the different scores mean right now, but am excited to better my credit.


Good luck Smiley Happy!

 

 

Starting Score 09/2018: EQ 498 - TU 534 - EX 516
Current Score 01/2019: EQ 631 - TU 649 - EX 646
Goal Score: 700
Message 10 of 134