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Zamura

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August 24, 2003. I had an Equifax FAKO score of 541. This is especially significant because I thought Equifax, Experian, and TU were all companies that had authorized access to pull one centralized report. I had no clue they all had their own reports. And I had no clue my FAKO score that I pulled was essentially worthless.

 

I was fresh out of college. Not only was it a thin file, but I had 2 open accounts, 3 closed, 1 in good standing (my student loan my parents paid), 3 currently past due and 3 negative.

 

I couldn't get a credit card which meant I lived paycheck to paycheck and on cash only. I was denied a great apartment because of my credit. I couldn't get a car. And I lived in FEAR of the phone. Creditors were constantly calling me. They even called my parents, told them how much I owed and asked them to pay for me (my parents were like "no way, she got herself in this mess she can get out of it"). Sure it's bad to owe people money, and sure it's terrible to live in fear of your phone, but the worst part about bad credit is how it makes you feel about yoruself. I felt stressed, like a loser and it was depressing. I felt like I was unable to take care of myself and that makes for some low self esteem, which can affect other aspects of your life.

 

I finally started making a few changes in my life and one of them was my finances. I found a co-signor for a car, I paid off one charged off credit card and I agreed to make payments to another one at a cost of $200 a month for almost two years.

 

Things were getting better (low 600's for my score) but last July when my boyfriend talked to me about buying a home together I knew I was in trouble. He knew my credit was bad, thankfully I wasn't hiding it from him, but I could not accept that my credit may cost us thousands of dollars in interest and I vowed to do something about it. We agreed not to purchase until at least the end of the year which gave me six months to get my credit cleaned up. I returned to Creditboards which I had stopped at a year before but at the time was not motivated enough to clean my credit at the time.

 

This time I was motivated. This time I meant it. At first I just tried posting questions and expected people to help me and fix my problems for me. Then, after about four days of no real results I got down to business. I read the newbie section and I USED THE SEARCH FUNCTION. Do you know that 99% of the time the question you are about to post has really already been posted. No matter how unusual and different it is, it probably has occurred to someone else here before. (It took me a few months to figure out how badly I was repeating questions, and then I would get so upset when people wouldn't answer me.) What is a great resource here is not so much the ability to post questions at the forums, but the newbie section and the search function. The search function is by FAR the best feature of CreditBoard and IS THE REASON my credit is now clean.

 

I own my own car and it is now financed in my name only at a GREAT rate. I own my own condo (www.brittaniecrain.com/amber.htm) at prime rate. I have several store cards and a handful of major credit cards as well, including my first Amex which I was just approved for last week. I even applied for a Macy's store card and was automatically upgraded to the Macy's VISA for my great credit. All three major CRA FICO scores are in the 700s. I have ZERO negative accounts. Nothing charged off, not even a paid charged off account. I'm building age and my limits are increasing constantly. I did it all in about six months.

 

You can, too. BUT IT TAKES WORK. Believe me, it takes work. I made files, I sent letters, I sent more letters, I filed letters away, I sent more letters. I spent HOURS researching, drafting, proofing. . . And it costs money. I spent about $100 on postage to clean my reports. Though, I saved thousands with us able to get prime rate. :aggressive:

 

The best part? I feel good about myself. I'm keeping my credit clean and in check. My utilization is LOW. We're talking 1%. I pay off every month. That makes me feel good. But I feel even better that I fixed my past mistakes ON MY OWN. I did it, me. And my self esteem has never been better than it is right now.

 

I own a home. I got engaged two weeks ago. Work is great. My finances are wonderful. Life is GREAT!

 

Thanks CB!

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Nice work. It's refreshing to see someone take responsibility for the debt they incurred instead of looking for the easy way out. That attitude will serve you well and is something to be proud of. Congrats.

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Wow, congratulations. YOU did it! Nice condo (I just had to go to that website and see for myself).

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i wanna know who the two good looking guys are.... Hubba Hubba :clapping:

 

Your post confused me until I realized I was reading your name wrong. I missed the L.

 

gettinganewlife

 

Congrats OP. Some of our members clean up their credit and then end up 90% utilized again. I think you are the poster child for responsible credit and responsible cleaning of credit. You have learned from your mistakes.

 

1% utilized....a woman after my own heart.

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This is DEFINATELY another CB success story! Great advice for newbies also! Use the search feature. Master it and don't frustrated (like I used to) when I couldn't find the exact answer I wanted within the first few results!

 

:rofl::rofl::rofl::rofl:

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That is sooooooo AWESOME!!!!!! Gratz!!!!! It really is great to hear the success stories. Makes those of us that have given up for a while realize that it is really worth the effort, and to get up and try again. Thank you for the Inspiration!!!

 

:yahoo::yahoo::yahoo:

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i wanna know who the two good looking guys are.... Hubba Hubba :)

 

 

Haha. Well, the one with the baseball cap is my fiance and the other one was our realtor (married). :) But, I'll be sure to mention to my fiance that he got props. Thanks for the kind words everyone. I wanted to wait to post my success story until after I closed on my home which was on April 7th. I already have all of my boxes unpacked and just a handful of things to do before I'm officially settled in. It's so exciting and well worth the work. :) :)

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Good work.

 

I think you are right about the self-esteem issues! I had bad credit throughout my 20's and it is like a burden on your back that you carry with you everywhere... It can and does effect every aspect of your life, relationships included..

 

But it makes it that much sweeter once you make it! :)

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I own a home. I got engaged two weeks ago. Work is great. My finances are wonderful. Life is GREAT!

Thanks CB!

 

Congratulations! Beautiful condo, ESP the kitchen, bath and closets. Your fiance is very cute too.

 

Are those pix of the model or did you buy that unit furnished? I notice the sign on the kitchen counter "Please ask your salesperson for details". Either way, VERY nice.

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We bought that exact unit, but it was the model unit. They took out the furniture you see in the photo and we refurnished it with new and improved furniture. :blush2:

 

Vegas, you can see the pictures at www.brittaniecrain.com/amber.htm A girlfriend of mine loaded them for me to show family members.

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:glare::search::search:

 

This is just excellent!!! You are definitely right about the search functions and just taking the time to read the posts. Your story is so encouraging. Congrats!!!!!!

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:good: Stories like yours are one of the best things about CB (and there are many great things). Thanks so much for the inspiration, and congratulations on your new life and marriage!

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Moving to the "Success Stories" forum, but will leave the original link here...

 

Way to go!

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Thanks for the kudos everyone!

 

Thanks for the addition to the SS board, CargoJon. Hopefully it helps serve as inspiration along with everyone else's successes. :good:

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This site really was a godsend for me. When I first found this site nearly three years ago, I had trouble getting approved for a First Premier card because my credit was so bad. Even more embarassing than that was the fact that I was turned down for a Corporate AMEX multiple times and I was forced off of the mortgage application when my wife and I bought our house 2 years ago.

 

 

Since then, my credit has improved soooo much that I can not believe it.

I now have a low interest vehicle loan through my credit union, a Bank of America Platinum card with 11,500 limit, a credit union card with 4k limit and most recently an Citibank AMEX card with $6,400 limit. The AMEX card was always what I desired the most.

 

My scores are now just below 700 and there are only a couple of negative items that I have not been able to shake over the years.

 

My advice to others fighting the same battle is to follow the guidelines setup on this website, be persistent, keep all documentation in an orderly manner, try not to get discouraged and most importantly do not let yourself get into the same position again.

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Congratulations!!!!!!!!!! I had a pretty similar exeprience and I am a true beliver in CB.

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