Just got SW alert yesterday score was increased to 684 advising new accts not hurting as much. Got another alert today advising score increase to 692 due to acct change. The acct referenced was old Providian acct which hit 3+ in November).
I decided to go ahead and order all reports since I'd also just bought a car last month and wanted to see if it was reflected yet and any resulting damage.
Lo and behold my EQ report today shows a score of 700!!!!! Even higher than today's SW alert! Any my very first EQ score of 700. I was close at 694 before, but have never crossed that threshhold with EQ!!
TU doesnt yet show the new car loan, so not sure what damage I'll see. The simulator shows anywhere from -12 to +5, so I'm sure I'll see a reduction from the 697 I have today. It was 702 but I just apped and rec'd new Juniper card last month and it took a bit of a hit.
EX dropped from 715 to 697 when an old Cap1 acct started reporting incorrectly (disputing and have atty helping as appears to be re-aging) and then today's report has it down to 678 with the new car loan reporting.
Not too happy with that low EX score, but hopefuly can get it back up there soon. Am really working on getting utilization down (at about 23% now but reporting at 29!) which should help me out.
I can't wait to be a full fledged member of the 700 club!!!!!!!
A special thank you to my fellow forum members who helped me achieve this success....I could not have done it without you!!!!!!!!!!!
And thank you especially for all your good posts......I've read a ton of 'em and have learned a lot....still a lot for me to learn, though!!
I'm so grateful that I've been able to apply what I've learned since becoming a forum member and improved my score to where it is today.
Today 700...tomorrow (ok, not realistic, I know) 800!!!!!!!!!!!!!!!!!
And Tonnie, it is a good feeling to get to that 700 with EQ. They've been my lowest all along, so to finally get them to that point....well, like I said: WOOHOO!!
If I follow my plan to get debt free asap, according to the simulator I could be really closing in on that 800. I think debt free is a good fiscal plan anyway, especially given today's economy. But I think it really holds true anytime...debt is a burden and we should try to avoid it.
Of course, from the FICO point, one must be sure to let that 1-9% report !!
Well, that was fleeting!! The alert on the 5th put me at 700 advising 'new credit wasnt hurting as much'. And that was with my 2 auto loan inqs--one from the dealer and one from the bank....reporting.
I just got a new alert and my EQ dropped to 693 with the note "you've recently been looking for credit". Well, duh, you knew that when you gave me the 700
I realize a lot of other factors could be at work also, so not too alarmed, but just thought I'd post so I could retract my first message and relinquish the bragging rights. It was nice while it lasted, and at least I now know I have the potential for 700 with EQ.
But I'm not giving up! Each CRA has now at one time or another reached or exceeded 700, so it's just a question of me doing the right things to get them all to reach the 700 at the same time so I can be a real member of the 700 club!!