cancel
Showing results for 
Search instead for 
Did you mean: 

What am I doing wrong? My scores aren't going up.

Auto Loans for ANY Credit Situation. Immediate Response.
Advertiser disclosure
Highlighted
Valued Member

What am I doing wrong? My scores aren't going up.

Hi,

 

Last month and the month before I made sure to do the AZEO method and my score only jumped up +1 points across the board. back in july when i had a pretty big jump, it was from my card reporting 31% utilization. How can i see bigger jumps in my score? Currently EQ: 609 TU: 607 Exp: 604

 

i was in the 630's back in Oct until i missed a Kohls payment. Honest mistake and just forgetfulness on my end. I tried getting that 30-day late removed, but they wouldn't and only agreed to remove all the other lates from 2016-2017 that i had. That one late payment dropped me down 30 points. How can i get back up??

 

current cards...

Capital One - $750 limit

NFCU - $700 limit

Kohls - $300 limit

Carters - $500 limit 

 

installment loan $2341 balance 

and just my car loan 

Capital one secured $200

 

Here's some screenshots from back in July when i saw more than a +1 jump.

IMG_2963.PNGIMG_2964.jpg

Starting score Jul 2018 - Eq 578 / TU 571 / Ex 578
Current July 2019 - Eq 621 / TU 620 / Ex 619
Goal 700
7 REPLIES 7
Highlighted
Super Contributor

Re: What am I do wrong? My scores aren't going up.


@amonet520 wrote:

Hi,

 

Last month and the month before I made sure to do the AZEO method and my score only jumped up +1 points across the board. back in july when i had a pretty big jump, it was from my card reporting 31% utilization. How can i see bigger jumps in my score? Currently EQ: 609 TU: 607 Exp: 604

 

i was in the 630's back in Oct until i missed a Kohls payment. Honest mistake and just forgetfulness on my end. I tried getting that 30-day late removed, but they wouldn't and only agreed to remove all the other lates from 2016-2017 that i had. That one late payment dropped me down 30 points. How can i get back up??

 

current cards...

Capital One - $750 limit

NFCU - $700 limit

Kohls - $300 limit

Carters - $500 limit 

 

installment loan $2341 balance 

and just my car loan 

Capital one secured $200

 

Here's some screenshots from back in July when i saw more than a +1 jump.

IMG_2963.PNGIMG_2964.jpg


1. Send verification letters to the credit bureaus to try to get any lates removed.

 

2. Try to make sure that none of your cards reports a balance > 28%, and that your overall revolving utilization stays at 8.9% or lower.

 

3. Try to have your aggregate loan balances at 9% or less.

 

4. Don't apply for any new credit, or any CLI's which would result in a hard pull.


Total revolving limits 644500 (568500 reporting)



Message 2 of 8
Highlighted
Valued Contributor

Re: What am I doing wrong? My scores aren't going up.

Also be sure the Card you are using for your AZEO method is a Bank Card have a balance on a bank card (if you weren't already) that will help but I do agree with the person above.













((This needs to be updated just added new card))INQ's: EQ: 6 TU: 1 EX: 0 (last 24 mo.)
Recent Accounts: 7-that caused inquires (last 24 mo.)
Total CL: 14.8k Util. LOL% AAoA: 1 yrs, 4 mo.
AoOA: 5 yrs, 2 mo. AoYA: 0 yr, 3 mo.--I think I did the AA/Ao's Right LOL
Message 3 of 8
Highlighted
Moderator

Re: What am I doing wrong? My scores aren't going up.

If you dispute legitimate late, especially a recent one, it will come back verified, and your scores are going to tank some more.

Sometimes people have success disputing old collection accounts, where most of data is lost while it got sold from one collection agency to another.
That will not be the case with Cap One.
Your best bet is to continue with GW efforts

Another thing, they removed older lates for you. During a dispute, entire account goes through "audit". Those lates were adjusted but still exist within internal records.
I'd think twice before ever disputing this account, because you have a good chance of removed delinquencies coming back.

Of course, up to you with how you want to proceed.
Message 4 of 8
Highlighted
Valued Contributor

Re: What am I doing wrong? My scores aren't going up.

The main thing that can help you now is time. Time since negative. You need to put at lesst a year between you and that late. As you can see from that 1 point increase AZEO is mostly wasted lots of effort for little gain (outside of mortgage scores). Your time would be better spent setting up a system so that no matter what you are not late on payments. Autopay. If for whatever reason you do not want to do autopay, then download any of the free task manager apps and set up reminders for all your due dates.

Message 5 of 8
Highlighted
Super Contributor

Re: What am I doing wrong? My scores aren't going up.


@amonet520 wrote:

Hi,

 

Last month and the month before I made sure to do the AZEO method and my score only jumped up +1 points across the board. back in july when i had a pretty big jump, it was from my card reporting 31% utilization. How can i see bigger jumps in my score? Currently EQ: 609 TU: 607 Exp: 604

 

i was in the 630's back in Oct until i missed a Kohls payment. Honest mistake and just forgetfulness on my end. I tried getting that 30-day late removed, but they wouldn't and only agreed to remove all the other lates from 2016-2017 that i had. That one late payment dropped me down 30 points. How can i get back up??

 

current cards...

Capital One - $750 limit

NFCU - $700 limit

Kohls - $300 limit

Carters - $500 limit 

 

installment loan $2341 balance 

and just my car loan 

Capital one secured $200

 

Here's some screenshots from back in July when i saw more than a +1 jump.

IMG_2963.PNGIMG_2964.jpg


You posted what the 1 card had with 31% Util. You posted your credit limits. But what are the balances on each card? That 30 day late is kinda fresh from Oct. Takes a couple yrs for the ding to ease on 30 day lates.





My posts are JMHO. My siggy is not to brag at all. Just sharing my experiences after learning here from rebuild to recovery after BK DC @ 540's. And to show fellow members what can be accomplished when you do it right and play the FICO Credit Game.
Message 6 of 8
Highlighted
Valued Contributor

Re: What am I doing wrong? My scores aren't going up.

You mention about only having one late payment, but then go on to say they would only remove the older lates? If this was only about one late payment, you might find willingness to work with them. But it seems like there's more to it.

 

Also AZEO isn't a one time thing, it needs several cycles to find its normal. And it's a good idea to set autopay for those accounts to eliminate the possible "late payment" issue. 

 

As others have said, you likely will not see much improveemnt until those lates age off. And time is your best friend over there in the garden. 

 

If you're worried about util, I suggest paying down said card to about $10 before statement cut. That way it will only report that $10 balance, while all others are zero.






Message 7 of 8
Highlighted
Valued Member

Re: What am I doing wrong? My scores aren't going up.

@Janus: I’ve worked with Kohl’s and have sent goodwill letters and as I’ve stated they removed all other late payments except the most recent one. I spoke with someone in the Exec office and she tried to get it removed and couldn’t. The October 2019 was the first late payment I’ve had with them in over 2.5 years.

All my cards report $0 balance except one and I always keep a balance of 10% or less as I’ve that‘a whats been advised in the forums.

Seems I just need time and patience at this point.
Starting score Jul 2018 - Eq 578 / TU 571 / Ex 578
Current July 2019 - Eq 621 / TU 620 / Ex 619
Goal 700
Message 8 of 8
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.