Hey all,
Just noticed a 6 pt drop on Experian. Rebuilding 5 revolvers & 3 open installments. I decided to close Credit One (low limit & annual fee). Now at 4 revolvers...Experian saw a 6 point drop from 681 to 675. Baddies are a Comenity charge off three+ yrs old reporting 0 balance) & 39 lates 30/60/90 on Bridgecrest/Carvana auto loan. Trying to do AZEO, but have Merrick charging a $6 fee on statement close date, so it ALWAYS reports $6 ,(fee charge), Going to close that too end of month as it reports to Tranunion & EQUIFAX properly, but in Experian shows "Account in dispute FCRA$", and only on EX it shows open revolver NO STATUS (no balance/no limit/no payment history, just open & in good standing). So I can use Merrick as AZEO card, but only on EQ & TU. If I let another cc report, I get AZEO on EX, but lose AZEO bonus on EQ & TU. Suggestions? Afraid to dispute as had many issues w/ Merrick reporting correctly. Thanks in advance.
@44Rebuild2Ball wrote:Hey all,
Just noticed a 6 pt drop on Experian. Rebuilding 5 revolvers & 3 open installments. I decided to close Credit One (low limit & annual fee). Now at 4 revolvers...Experian saw a 6 point drop from 681 to 675. Baddies are a Comenity charge off three+ yrs old reporting 0 balance) & 39 lates 30/60/90 on Bridgecrest/Carvana auto loan. Trying to do AZEO, but have Merrick charging a $6 fee on statement close date, so it ALWAYS reports $6 ,(fee charge), Going to close that too end of month as it reports to Tranunion & EQUIFAX properly, but in Experian shows "Account in dispute FCRA$", and only on EX it shows open revolver NO STATUS (no balance/no limit/no payment history, just open & in good standing). So I can use Merrick as AZEO card, but only on EQ & TU. If I let another cc report, I get AZEO on EX, but lose AZEO bonus on EQ & TU. Suggestions? Afraid to dispute as had many issues w/ Merrick reporting correctly. Thanks in advance.
you would have three revolvers if merrick is closed? what are they?
depending on your other three revolvers, I would close merrick and not deal with that mess personally.
@44Rebuild2Ball wrote:Hey all,
Just noticed a 6 pt drop on Experian. Rebuilding 5 revolvers & 3 open installments. I decided to close Credit One (low limit & annual fee). Now at 4 revolvers...Experian saw a 6 point drop from 681 to 675. Baddies are a Comenity charge off three+ yrs old reporting 0 balance) & 39 lates 30/60/90 on Bridgecrest/Carvana auto loan. Trying to do AZEO, but have Merrick charging a $6 fee on statement close date, so it ALWAYS reports $6 ,(fee charge), Going to close that too end of month as it reports to Tranunion & EQUIFAX properly, but in Experian shows "Account in dispute FCRA$", and only on EX it shows open revolver NO STATUS (no balance/no limit/no payment history, just open & in good standing). So I can use Merrick as AZEO card, but only on EQ & TU. If I let another cc report, I get AZEO on EX, but lose AZEO bonus on EQ & TU. Suggestions? Afraid to dispute as had many issues w/ Merrick reporting correctly. Thanks in advance.
1. I would stop worrying about AZEO if I were you.
2. I would close the Merrick card asap.
NFCU Visa 43k | NFCU Platinum 37k | Cap1 QS 13K | Cap1 QS 12.5K | Barclay MC 25k | Delta Gold Amex 40K | Discover IT 22K | CFNA FS 3600 | CareCredit 20k| PayPal Credit 10k |
Thank you both. Seen many of your posts South Jamaica! I only would have 3 revolvers, NFCU 600 limit/Discover 1200/ PSECU 3000. All accounts except Discover under 90 days, ALL PIF. Screwed up apping for a NAVY secured, prolly could got approved based on my 660 TU9 at the time, income 130k, but rebuilding. Live & learn. CLOSING TIME, last round of alcohol Merrick!
GatoradeZeroGuy,
I have a NFCU Secured 0/600 (opened 7/2023), Discover Secured 0/1200 (opened 6/2023) & Psecu Founders 0/3000 (opened 8/2023) & Merrick Bank 6/1200 (opened 6/2022, no AF 1st year but $72 AF charged monthly in yr 2 and an APR of 34.95%, yeah ludicrous, but never carried a balance, hardly use it no rewards, my sock drawer card & closing it after my NFCU app, should I get approved). I closed Credit One in 8/2023 (opened 7/2022) after I spoke w/ them, told me they were waiving annual fee...and then starting charging me the AF monthly again (shady) it went from 300/450/650 limit, then asked for another CLI, said no, but were nice enough to offer me ANOTHER generic Platinum AF card with an 800 limit LMAO! That sealed their fate. I missed a few payments during COVID-19 on my Carvana/Bridgecrest Auto loan. I relocated and was able to catch up in March 2023 on back payments missed from 2020. My income spiked in 2023 to 130K/yr. I settled my only collection account ($1474 from the 3yr old Comenity CHARGE OFF) in August & is only reporting on TU (DNF ASSOCIATES purchased the Charged-off debt, will NOT PFD). Paid it because I did owe it & wanted the TU9 score benefit of paying the collection, still not updated to PAID on my TU CR. Hope it will help my next NFCU app for More Rewards and help w/ AMEX BCE (good streaming CC) app next year. I know Amex usually pulls EX8 was 681 now at 675 w/ 6 pt drop but can ALSO pull TU8 as well and at least it will show paid. TU8 is up to 653, still too low for AMEX pre-approvals (which I only try w/ Experian unfrozen). Mortgage scores are higher on 2 CR's, don't know why, but lower on EQ. EQ5 657/TU4 690/EX2 696. Looking to buy a house in 2024/2025, my number 1 goal. GOAL CARD Affinity Cash Rewards due to Amazon 5%. Recently denied SECUMD VS w/ 3x Amazon (in recon, which I had to do in writing, no news yet). Didn't know they pulled EQ5 until reading MyFICO posts. Wasted 2 hard pulls on EQ apping for SECU & Max Cash Preferred (both EQ8/EQ 9 over 690 now, but US BANK/ELAN was a lofty app & a wasted HP, thought they may approve me for a low limit, to no avail & included a paper app for the secured version. Hard pass. A couple of PLOC's would be nice in 2024 before I make my mortgage app. Sorry for rambling lol... eager to get in the 700 club. INQ EX 2/6, 3/12 5/24, TU 1/6, 1/12, 2/24, EQ 2/6, 3/12, 3/24. SDFCU hard pulled my EX on 10/24/22 when I started looking for local CU's. Should gain a few pts back on EX when it's no longer scorable in 2 weeks. Any advice is welcome.
@44Rebuild2Ball wrote:GatoradeZeroGuy,
I have a NFCU Secured 0/600 (opened 7/2023), Discover Secured 0/1200 (opened 6/2023) & Psecu Founders 0/3000 (opened 8/2023) & Merrick Bank 6/1200 (opened 6/2022, no AF 1st year but $72 AF charged monthly in yr 2 and an APR of 34.95%, yeah ludicrous, but never carried a balance, hardly use it no rewards, my sock drawer card & closing it after my NFCU app, should I get approved). I closed Credit One in 8/2023 (opened 7/2022) after I spoke w/ them, told me they were waiving annual fee...and then starting charging me the AF monthly again (shady) it went from 300/450/650 limit, then asked for another CLI, said no, but were nice enough to offer me ANOTHER generic Platinum AF card with an 800 limit LMAO! That sealed their fate. I missed a few payments during COVID-19 on my Carvana/Bridgecrest Auto loan. I relocated and was able to catch up in March 2023 on back payments missed from 2020. My income spiked in 2023 to 130K/yr. I settled my only collection account ($1474 from the 3yr old Comenity CHARGE OFF) in August & is only reporting on TU (DNF ASSOCIATES purchased the Charged-off debt, will NOT PFD). Paid it because I did owe it & wanted the TU9 score benefit of paying the collection, still not updated to PAID on my TU CR. Hope it will help my next NFCU app for More Rewards and help w/ AMEX BCE (good streaming CC) app next year. I know Amex usually pulls EX8 was 681 now at 675 w/ 6 pt drop but can ALSO pull TU8 as well and at least it will show paid. TU8 is up to 653, still too low for AMEX pre-approvals (which I only try w/ Experian unfrozen). Mortgage scores are higher on 2 CR's, don't know why, but lower on EQ. EQ5 657/TU4 690/EX2 696. Looking to buy a house in 2024/2025, my number 1 goal. GOAL CARD Affinity Cash Rewards due to Amazon 5%. Recently denied SECUMD VS w/ 3x Amazon (in recon, which I had to do in writing, no news yet). Didn't know they pulled EQ5 until reading MyFICO posts. Wasted 2 hard pulls on EQ apping for SECU & Max Cash Preferred (both EQ8/EQ 9 over 690 now, but US BANK/ELAN was a lofty app & a wasted HP, thought they may approve me for a low limit, to no avail & included a paper app for the secured version. Hard pass. A couple of PLOC's would be nice in 2024 before I make my mortgage app. Sorry for rambling lol... eager to get in the 700 club. INQ EX 2/6, 3/12 5/24, TU 1/6, 1/12, 2/24, EQ 2/6, 3/12, 3/24. SDFCU hard pulled my EX on 10/24/22 when I started looking for local CU's. Should gain a few pts back on EX when it's no longer scorable in 2 weeks. Any advice is welcome.
I hate to say this, but my advice is to stop applying for things, since you have a mortgage app in your future.