I found this forum a little over a year ago when my scores where in the low 600’s. At the time I had several accounts and lates along with a chapter 13 on my reports. I also had no open accounts of any type except my student loans which are in good standing.
i worked on getting the accounts that where incorrect off my reports, opened up a secured Capone and got my scores up enough to get a mortgage which is almost a year old now. I’ve since opened up an Amex, Discover, and another CapOne Savor One. I closed the secured CapOne a couple of months ago when I got the Savor. I also had to purchase a vehicle in Feb as mine died. So I have 5 accounts all under a year.
Oldest is 13 years, youngest is 2 months, and average is between 7-8 years depending n the CRA. All the baddies are now gone either through disputes or age. I have one small paid medical that only shows on EQ. Other than that all my reports have no negatives. When I started this process I set a goal of getting them all to 750. I’ve obtained that on two of the three and TU is pretty close. I do have 40k of available credit now with a little ove 9% overall utilization. I needed to carry a little balance at 0%apr on my discover and it’s right at 18% as of last reporting. I will be taking it down enough in the next month to bring my overall to around 7%. The Savor reported a small balance last time but will be back to 0 by next reporting window.
Since I’ve achieved my 750 goal I’ve set a new one to get to 800. Looking at the simulators( I know not to believe them) the say if I just build payment history for the next year then all three should be well over 800. They don’t give me as much if I just pay down the discover in the next few months like I’m planning to do., but I’m more interested in ensuring I don’t catch any interest on this card than scores. I do prefer to have less debt than a better fico score. The bankruptcy taught me that one.
I am at 2-8 inquires across the CRAs and will be down to no more than two scorable on each CRA(0 on TU) by September. So those reaching a year should give me a few points. I’m just wondering if there is anything else I can do other than lowering the CC utilization and the utilization on my truck or mortgage to help me get into the 800 range by the end of the year. Thoughts?
The bk13 hit 7 years in May so it’s now gone off all them. I had gotten an EE on TU and EX when they would award EQ fell in April. I do have the paid medical collection for 45 bucks left on EQ, but that is the only thing. I’ve tried to goodwill it but they won’t budge. It is hurting my mortgage on EQ has that is my only version still under 700 all my other versions are mid 700’s or above, but have not hit 800 on any of the versions. I may try another round of goodwills but not expecting much as this is a really small collection agency, less than 10 employees, and I’m pretty sure I’ve tried them all with the same result of we don’t remove. I’m pretty sure I’m stuck with this one until 2022.
Thanks, BBS, I guess I'm just in a holding pattern. Not planning on any more apps for a while at least to the inquiries I currently have age off and I get back to a year on my youngest.
That’s seriously awkward semantics BBS 
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Pretty sure the definition of payment history or the concept of building it is fine, it’s only been all over credit education sites of any sort for 5+ years now.
.Pretty sure the definition of payment history or the concept of building it is fine, it’s only been all over credit education sites of any sort for 5+ years now.
@Revelate wrote:
That’s seriously awkward semantics BBS
Pretty sure the definition of payment history or the concept of building it is fine, it’s only been all over credit education sites of any sort for 5+ years now.
I don't find it to be semantics at all. What do you disagree with in my Post 4? I'm talking about the perceived definition. People that swipe a card 20 times in a cycle verses swipe a card once during a cycle don't build greater payment history. People with 5 open revolvers that use all 5 a bunch of times each cycle verses someone with 5 revolvers that uses just 1-2 of them while the other 3-4 sit idle for a few cycles and then get used aren't building greater payment history. That's my only point here. There are plenty of people on this forum that think in order to build great payment history you need to actually spend/swipe a lot across many accounts and that simply isn't true and individuals shouldn't be misguided by that thought, as it may lead to unnecessary spending.
Your definition of building payment history’s being a rogue term is different than pretty much everyone else’s when it comes to credit files. That was what struck me as off.
@Anonymous wrote:You still didn't answer my question above. What I'm referring to involves forum members thinking that "building history" requires many swipes/dollars when it doesn't. All it takes is possessing a decent amount of accounts that are in good standing with pretty little green "OKs" each month. In order to obtain that, one does not need to spend/swipe a lot and doing so isn't going to magically build "better" history. I feel you're reading a bit too much into this, as it's a really simply point near as I can tell.
You may be right, but I don't think it's many honestly. Think we probably both blew this out of proportion.
Mea culpa moving on