I'm currently a first year medical student and I've started thinking a lot more about my financial situation now that I'm taking out lots of money in loans. I'll end up with around $250,000 once I graduate in 2016 so I want to make sure that I at least have my credit cards straightened out.
I have attempted to rebuild my credit for the past 3 years. Currently, my scores a pretty low because my of my debt to income ratio. My plans are to pay my credit cards down after tax seaon. Additionally, I applied for a secured card with both Navy Federal and USAA.
Here are my scores
My goal is 760
Happy new year everyone!
Goal's for 2013
Payoff remaining $6000 in debt ASAP! Avoiding interest until March, hoping to get tax refund before then.
build a 6k emergency fund.
start a vacation savings account (because what's the point of all this work if you can't enjoy it?!)
increase score from 747 to 790
stop using/depending on cc's so I never have to struggle like this again!!!!!
good luck to all!
2012 Wrap Up
|Chase Freedom $9500|
DCU Visa $10000
Capital One QS $2000
AMEX BCE $3000
|Lowe's CC $8500|
WalMart CC $3100
BOA Platinum $600
AMEX Gold NPSL
1. Get rid of the 4 baddies on my credit that are left---2 collections.
2. Maintain GREAT credit card history...and get rid of secured cards--replace with unsecured (good rate) cards.
3. Help husband clean his credit up
4. Get to a 700 credit score
5. Qualify for a home loan.
My goal score for the end of 2012 was to hit 800. That did not happen. So I am going to make it a goal to get to 790. My other goals include to be more aware of what I spend money on. I do not need any new clothes and if I do I think I may revisit thrift stores. I guess I just want to be more frugal with my money.
Morganirish, I think that is a great approach! I too have become more aware of how I am spending my money and I have decided not to eat out so much, to cook more at home, bring my lunch to work every day and not buy one item of clothing until I can fit in the ones I have! Everything old will be new again!
My motto for 2013 is save, save and save some more!
Happy New Year Everyone!
I have been a member for almost 3 years and have never taken the fitness challenge. Because of this site and all the advice I became a home owner in Dec of 2010 my fico scores pulled from here at that time were TU - 668 EQ - 667. 2011 I bought a new car with an interest rate of 3.84% ( way better than the 17.99 I paid on my other car in 2001) and in 2012 I raised my FICO scores to what they are below. I have to remove 1 final medical collection and 1 or 2 30 day lates that are to fall off in 2013, then all 3 reports will be CLEAN!
My goal is to get as much of my CC debt paid off as possible in 2013.
Happy New Year everyone!
- Improve my FICO scores to 720+ for all CRA, and get an "A" rating on TrueCredit's monitoring site by keeping util extremely low and removing all derogs.
- Finish saving for 20% down payment on building our first home by June.
- Pre-pproval for my CU's best mortgage rate by June.
- Obtain high rewards card such as AMEX Plat, Chase Sapphire or Citi Diamond Preferre (after mortgage closing).
My 2013 goal includes: Reduce installment debt
Take 3 grad classes
Garden for 12 months with no apps