mcdavis8

Members
  • Content Count

    63
  • Joined

  • Last visited

Community Reputation

10 Good

About mcdavis8

  • Rank
    CIC Member
  1. All, I laid down the entire limit of my CC on a Recruitment company. It dropped my score from 730 to 649 (the 649 is my mid fico). Looking back on this it was an unwise decision to destroy my credit. Anyone have any tips on how to fix this quickly? I was thinking of getting a personal loan and paying down my CC with it and then refinancing the personal loan? Or I have 6k in equity on my 2nd car. Any companies favorable to this low of a score? Thanks in advance, MD
  2. All, I laid down the entire limit of my CC on a Recruitment company. It dropped my score from 730 to 649 (the 649 is my mid fico). Looking back on this it was an unwise decision to destroy my credit. Anyone have any tips on how to fix this quickly? I was thinking of getting a personal loan and paying down my CC with it and then refinancing the personal loan? Or I have 6k in equity on my 2nd car. Any companies favorable to this low of a score? Thanks in advance, MD
  3. All, I paid my credit cards to 0 last month which to the 3 Credit Reporting Agencies they treat as closed when determining your score. My balance now shows 255 but when I run the myfico simulators they will not let me simulate paying off my credit cards as they believe I have no outstanding balance (even though they all three agree it's showing 255). I believe this is because each is labeled as: In Dispute By Customer. Thoughts?
  4. All, I made a blunder last month and paid my entire balance off to 0 on my only CC that I have ever had and paid on time fore the last 7 years. This dropped all three of my scores by 40 points or more as the scoring algorithms see a balance of 0 as a non-active account. In addition I had disputed the $10 credit it had shown on the account. This month I do have a balance showing of $255 on all three my score hasn't improved. I believe it is becuase the status is showing: CONSUMER DISPUTES THIS ACCOUNT INFORMATION CREDIT CARD Account in dispute-reported by subscriber Account information dis
  5. All right I know Priacy Guard and Experian are not true FICO scores but... I had a balance of 2500 on my CC. The next month I paid it down to 500 and my score jumped. Then I paid it to 0. My scores dropped (as I understand it the algorithms determine this is a closed account). So the next month I upped by balance to 250. My score didn't move on Privacy Guard and stayed down further then when I had a 2500 balance. On Experian it did as well. What happened? Dont the algorithms take into effect the legacy balance trends?
  6. So are you telling me the best thing to do is only have 2-3% revolving?
  7. All, I am perplexed... My TU score was 690. I had a balance of 500 on my Credit Card with a limit of 5000. I disputed the outstanding amount as it was 0. TU went and updated my Dec payment accordingly and sent my score to 646. What's up with that? Looking for advice... should I make by balance for this month be 500 again (10%) or up it to 1500 (30%) or what? Kind Regards
  8. I thought that a mortgage inquiry type pulled by 3 companies within 14 days should only hurt your scores once, not for every pull. What happened? Nothing else changed? Was that a myth?
  9. mcdavis8

    Bumpage

    Can't explain it myself, it worked for me with TU and EQ within 75 days.
  10. mcdavis8

    Bumpage

    Do it daily until they disappear. You don't have to put in your Credit Card there is an option not to.
  11. Did they give you any special mailing instructions? Address to a certain person or a location that is different then the standard?
  12. All, Spoke with EXP today, the tell me that they do not accept faxes and will not allow me to speak to managers but they will have one call me within 72 hours. Is this true and right according to their processes? Has anyone else seen differently? Thanks!
  13. Thank-you! Trying to get a mortgage.
  14. nobody is answering me here? what happened to you guys?