My 2019 Challenge went quite well.
My initial & ultimate goal was to get a clean report -- unexpectedly accomplished that in February 2019. My scores dropped though when it happened: (1) my last derog was also my oldest revolving account; (2) I had just acquired 4 new accounts in the 2 months prior -- the new accounts didn't ding my dirty scores but whew! was I punished when I went clean; (3) after the clean reports & corresponding score drops - I figured what the heck and apped for 2 more accounts -- for a total of 6 new accounts in 2019. So I've been in recovery ever since.
After the removal of my last derog, I set a new FICO score goal of reaching 760's by the end of 2019 (my highest on a dirty report was 780). I hit that goal on one bureau - EX. TU is close at 754. EQ is just whatever at 734 (has the most inquiries). However -- my FICO9s are all above 760.
Goals for 2020:
'1) No new accounts. I'm staying in the Garden till 6/2020 and only stepping out for HP CLIs... no new apps. I need to let my accounts age to increase AAoA, and hope to be in the low-mid 790s by the end of the year.
2) Pay down my student loan debt by a significant amount. I haven't decided on a $ amount to shoot for yet -- but it will be significant.
3) Continue to save as much as possible.
That's it...
Wishing all the best in the New Year!!
Great opening for the new year of 2020! This is the place to report your credit goals and outlooks for the next year. The big picture if you will. Now to keep you active and on track there is a monthly weigh in that allows for a status up date and to keep you reminded and involved as you strive for a new height in your credit world 
My original two goals for 2020 had been for 3 clean credit reports and to then app for a mortgage. Well due to Synchrony's early derogatory drop-a-palooza back in late Nov/early Dec all of my reports reported clean in December, so that goal was completed in December. With that out of the way, goal #2, the mortgage app was also completed in December, so with the new home build now underway, I've got new goals for the 2020.
Goals for 2020:
1) Let existing accounts age. When my credit started turning around in April 19, I embarked on a somewhat ill advised spree. This was before I really dug into the boards, or I would have known better. Luckily, I suffered no AA from it, but I do have 7 CC's and 1 CLOC that need some age.
2) Pare down some of those CC's. In the heat of the spree, I acquired at least one card that is really useless to me, and another that is now redundant. I will probably ditch my two remaining store cards.
3) SP CLI will be the order of the day.
4) I have my eye on one goal card. The AMEX BCP. Will consider apping for that sometime after the mortgage closes in June.
5)I'd like to see at least one of my scores enter the 800 club by the end of 2020.
6)Cushion my savings for an emergency fund.
Hello from a sunny Puerto Rico!
How exciting, l am looking to finish off 2020 with:
- 2-3 unsecured new cards
- reduced debt
- car loan
- increase my fico scores by an average of 100points across the board
How close will I get? Will I exceed my goal?
I’m hitting the ground running by starting a whole new approach to budgeting with YNAB.
Happy New Years ya’ll!
How exciting, l am looking to finish off 2020 with:
- 2-3 unsecured new cards
- reduced debt
- car loan
- increase my fico scores by an average of 100points across the board
How close will I get? Will I exceed my goal?
I’m hitting the ground running by starting a whole new approach to budgeting with YNAB.
Happy New Years ya’ll!
