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yonifreedom

Yoni's Credit From 605 to 751 (Oct - Dec)

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Congrats on the progress glad we could help we actually do credit repair here instead of Congratulating someone for apping Credit One i heard they do that over at MF. :wave:

Thanks BP!

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Congrats on your CLI! I'm reading all kinds of repair threads today. My progress has been so slow, so it's nice to have a little inspiration to remind me that there is still hope. In short, thank you for sharing. :)

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Congrats on the CLI, YF!

 

For Amex, I'd personally say wait until the 700s are reached there. It should help in the long run, which is what this is all about.

 

Your overall utility is above 50% or just on the accounts mentioned?

 

CSP CLI request will be a HP. You'll likely want to wait on the utilization front on that one.

The 50% util is on a Business Card! So its not showing in my personal FICO/util.

 

My personal util is 0%.

 

Ok, I will wait on AMEX. Scores will be in 700s by June.

 

Thanks for your help!

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Congrats on the CLI, YF!

 

For Amex, I'd personally say wait until the 700s are reached there. It should help in the long run, which is what this is all about.

 

Your overall utility is above 50% or just on the accounts mentioned?

 

CSP CLI request will be a HP. You'll likely want to wait on the utilization front on that one.

The 50% util is on a Business Card! So its not showing in my personal FICO/util.

 

My personal util is 0%.

 

Ok, I will wait on AMEX. Scores will be in 700s by June.

 

Thanks for your help!

 

OH!!! Okay I see.

 

Any idea then regarding the 30 point drop?

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Congrats on your CLI! I'm reading all kinds of repair threads today. My progress has been so slow, so it's nice to have a little inspiration to remind me that there is still hope. In short, thank you for sharing. :)

Yes, the repairing phase can feel that way, but once your able to start rebuilding, it will go much faster!

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Congrats on the CLI, YF!

 

For Amex, I'd personally say wait until the 700s are reached there. It should help in the long run, which is what this is all about.

 

Your overall utility is above 50% or just on the accounts mentioned?

 

CSP CLI request will be a HP. You'll likely want to wait on the utilization front on that one.

The 50% util is on a Business Card! So its not showing in my personal FICO/util.

 

My personal util is 0%.

 

Ok, I will wait on AMEX. Scores will be in 700s by June.

 

Thanks for your help!

OH!!! Okay I see.

 

Any idea then regarding the 30 point drop?

I noticed the 30pt drop once my new accounts started reporting on EQ. Then again when some accts went to $0 balance (like Lowe's went from $90 to $0). I was doing the $2 trick, but it seemed to hurt more than help.

 

I will try leaving a small balance on a 1 or 2 to see how that helps.

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Okay that swing definitely makes sense for the new accounts given your likely bucket for AAOA. Nothing to worry about (not saying you were).

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Okay that swing definitely makes sense for the new accounts given your likely bucket for AAOA. Nothing to worry about (not saying you were).

My AAOA is 7 years

 

As of today 3/10/17

EQ 732==>767 +35 (bal incr $23)

TU 766==>751 -15 (total bal changed)

EX 673==>683 +10 (bal incr $23)

 

Explanations per MF.

 

I'm totally confused on what increases FICO. On two of these accounts it seems as if a $23 increase in balance made my scores go up, but on TU it seems as if the same $23 made it go down?

 

Any guesses?

Edited by yonifreedom

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Ok so here are my recent scores as of 3/18/2017

 

EQ 762==>732==>767

TU 751==>766==>751

EX 673==>683==>701

 

All in 700s baby! Finally!

 

My last baddie, set to fall off EX 6/2017. I have called 4 times for early deletion. NO GO each time. They always tell me 6/2017 is early deletion date bc dofd is 9/2010. I'm gonna keep trying, but I'm cool with 6/17 especially now my EX is 701.

 

Here I come AMEX!

 

From what I can tell it is looking like I must leave a balance of more than $2 on my cards see to FICO increase.

 

 

When my new accts 1st appeared on my credit, some had balances, between 0-2%.

 

The next month when I did $2 trick, my scores decreased, some as much at 30+ points. Reason given by FICO was balance decrease.

 

Then the following month I left a balance on one bc I missed the cutoff....my FICOs went up again. Reason listed by FICO balance increase.

 

Current Accounts

NFCU CLOC $0/$15,000

NFCU RCash Visa $35/$24,000

Chase Sapphire 0/$41,500

Chase SW Pers 0/$8,100

Chase SW Biz $2,000/$11,000

PenFed Amex -$93/$5,000(stmt credit sucks)

Alliant Visa $29/$5,000

Lowe's $126/$35,000

 

I am getting ready to ask for CLI Across the board. NFCU 3rd stmt just cut! Some will require HP, so I also want to plan an app spree for the same day.

 

I am going to post my plan after I think it through more.

 

I mostly want to get Business cards to be able to hold balances for 3 to 4 months during rehab jobs.

 

I also want some good cashback cards for M$....I want to get in on that while the gettin is still good.

 

I definitely want the new 3% Alliant Visa!

 

Also want Amex business and personal, not sure which ones yet.

 

Another Chase Biz card, again not sure which.

 

I love Lowes for putting me on and showing me so much love. I need the Biz card though. Dont really want to hold 10-20k balance on personal if I dont have to. Still playing to get into 800 club.

 

As much as I can't stand Home Depot for dissing me, I really need their card Biz Card because they are much more contractor friendly than Lowes.

 

Not sure what other cards to get, but I am gonna go study the link Roland99 gave abt CLI and adding more cards

 

Any suggestions and ideas are welcomed and appreciated! Thanks so much for helping me and sharing in my journey!

 

Oh and also my AAOA has dropped from 12 years on EX to 4 years. Haven't checked the others.

 

Can someone explain formula to calculate AAOA or direct me to post. Thanks

Edited by yonifreedom

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My TU Fico updated today. After showing a balance it is back up to 766.

 

So it is looking like I need to let small balances report on more than 1 card.

 

 

EQ 767

TU 766

EX 701

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My TU Fico updated today. After showing a balance it is back up to 766.

 

So it is looking like I need to let small balances report on more than 1 card.

 

 

EQ 767

TU 766

EX 701

My situation is like that. I have a Wells Fargo "Home Projects" that is used for contractor financing at 0% after they bump up their rate to cover the financing costs.

 

If I only show the balance on that card my score will drop as if I had no activity. I don't know if that is due to the way that card reports or if that is true of all balances carried over from previous months (not counting for current usage/ activity)

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My TU Fico updated today. After showing a balance it is back up to 766.

 

So it is looking like I need to let small balances report on more than 1 card.

 

 

EQ 767

TU 766

EX 701

Congrats Yoni.

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My TU Fico updated today. After showing a balance it is back up to 766.

 

So it is looking like I need to let small balances report on more than 1 card.

 

 

EQ 767

TU 766

EX 701

Congrats Yoni.

Congrats on your 700's across the board!

Thanks!

 

My TU Fico updated today. After showing a balance it is back up to 766.

 

So it is looking like I need to let small balances report on more than 1 card.

 

 

EQ 767

TU 766

EX 701

My situation is like that. I have a Wells Fargo "Home Projects" that is used for contractor financing at 0% after they bump up their rate to cover the financing costs.

 

If I only show the balance on that card my score will drop as if I had no activity. I don't know if that is due to the way that card reports or if that is true of all balances carried over from previous months (not counting for current usage/ activity)

Yeah, Im just glad I figured it out, so I can keep my 30pts!

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Just got the Amex SimplyCash SL $2,000. Called to recon that itty bitty limit. Was told I have to have physical card in hand to ask for CLI. Bitter Sweet.

 

I am making a $15K purchase and wanted to hold on a businesz card for 60 Days. I applied for the Amex PLUM, waiting to hear back. I got the please call and then the you will know in next 24 to 48 hours when I called in.

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NFCU CashRewards $24,000 to $40,000 with POI (I asked for $50K)

 

PenFed PLOC $5K (Asked for $25K - they said revolver history too new)

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NFCU CashRewards $24,000 to $40,000 with POI (I asked for $50K)

PenFed PLOC $5K (Asked for $25K - they said revolver history too new)

Very nice. :D

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Current Accounts

PERSONAL

NFCU CLOC $15,000

NFCU RCash Visa $40,000

Chase Sapphire $41,500

Chase SW Pers $8,100

PenFed Amex $5,000

PenFed PLOC $5,000

Alliant Visa $5,000

Lowe's $35,000

Total Personal $154,600

 

BUSINESS

Chase SW Premier $11,000

Amex SimplyCash $2,000

Total Business $13,000

 

TOTAL ALL $167,600

 

I am waiting on answers for

1. CLI for Chase SW Premier Biz

2. New app for Chase InkCash

3. Amex PLUM

4. Home Depot Commercial Revolver

 

Lost a total of 9 points on EQ and 4 on EX fir this app spree.

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NFCU CashRewards $24,000 to $40,000 with POI (I asked for $50K)

PenFed PLOC $5K (Asked for $25K - they said revolver history too new)

Very nice. :D

Thanks! So happy I stumbled into CB!😆

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NFCU CashRewards $24,000 to $40,000 with POI (I asked for $50K)

 

PenFed PLOC $5K (Asked for $25K - they said revolver history too new)

Congrats Yoni.

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