Post # 1
Hey ladies, I am in a good mood this morning! If you remember, I bought a car recently and this is the first time I had ever financed a car in my name.
I’ve also been trying to repair my credit, it’s been in the high 500s for a while thanks to some incredibly stupid decisions I made with a credit card when I was 19. And now seven years later, I am still trying to fix it. But I am on the way!
I have the Credit Karma app on my phone and I like to check it about every week or so. Well as of September 30th, my credit was 596. And I made my first car payment on October 1st. And now my credit score is 602! It went up 6 points!
I know 6 points isn’t much but it’s enough for me right now! I’m in the 600s, finally! 🙂
Post # 3
- Wedding: September 2013 - B&B
Woot woot!!! That’s awesome! Keep up the good work 😀
I know the pain and struggles with credit… mine took a hit over two medical bills (fighting with the insurance company and we thought it was resolved, and it WASNT, and now its so late, it’s hard to go back and fix it!) PLUS I never got a credit card when I was younger, and by the time I wanted one all the banks and companies had stopped giving them out like they used to. I applied for STUDENT credit cards, limits of $500, and was told “Well, you don’t have enough credit.”…. Um, right, hence the STUDENT CREDIT CARD like who else are you supposed to give these to?!?!?!
Ugh. So needless to say although I haven’t made many mistakes, my score isn’t as high as I would like it either. Keep your chin up though you’re doing it right!
Post # 4
@Sunnyday278: Thanks! 🙂 And yeah, it is crazy how things have changed! When I was 19, I was able to get two credit cards (one student, one not) with NO credit history whatsoever! And without a deposit too!
But now? My 29 year old BF (who has no credit history at all because he’s never had a credit card or even a loan in his name, nothing) tried to get a credit card recently to start a credit history. But they denied him and told him no! So now his only option is to get a secured credit card.
Smh. But I guess it is a good thing that banks and credit companies are no longer giving out credit cards so easily like they used to. I wish I had been more mature back then to be able to use a credit card responsibly.
Post # 5
- Wedding: September 2013 - B&B
@LadyBlackheart: Yeah I think it is good that overall the companies responsible for handing out are trying to be really selective, but at the same time then it’s like, how do people even start out anymore? Once I graduated and began paying my student loans I had a little bit of it… and then I got a best buy card and that helped…. I have had a kohls charge for a long time but it’s barely done much haha. Now I have a HOUSE on mine so if that doesn’t build credit, I don’t know what will!!! Haha.
Post # 6
@LadyBlackheart: Yay! Glad to hear it’s improving. =) I know what you mean about credit cards being so much easier to get years ago. When I was in college, credit card companies would come to our campus and entice students to sign up with concert tickets and T-shirts and even leave applications in classrooms. Now, it’s impossible but sometimes I think that’s a good thing. My youngest sister is trying to build credit before she enters in grad school, and she can’t get approved for a credit card for lack of credit. Instead, I’m cosigning for her. She’s pretty responsible so I’m not too worried.
Post # 7
@LadyBlackheart: Grats! It’s always nice when things are moving in the right direction 🙂
Post # 8
I feel you–I made some mistakes at that age and they really bit me in the ass. I started fixing things ~7 years ago and my scores have gone up, but aren’t great. It’s frustrating!
I have CreditKarma, too, BUT keep in mind that that’s only one CRA’s score for you AND it’s really low. I just checked all three reports and scores, and CK’s score for me is ~60 points lower than the score directly from that CRA (I believe CK uses TransUnion).
Post # 9
i’m with @vorpalette: ….credit karma has never been spot on for me. it was high at first and i think it’s low now compared to my actual score. i went to myFICO or something like that and signed up for a free trial for a score tracker and it revealed my score is now MUCH higher than it was a year ago. i havent compared with credit karma recently though
Post # 10
@LadyBlackheart: Congratulations! I love using CK even though people say it’s lower than your “real” credit score. This, in my opinion, is GOOD because that means you might be doing a lot better than what your CK score says!
I’m only in the mid 600’s myself. Good luck to you!
Post # 11
@LadyBlackheart: Keep making good financial decisions and payments on time and it will go up, up and away! It will just take time and payments girl. You got this!
Post # 12
Good job girlfriend! Keep on making that score go up!!
Yay I just checked mine and I’m at 753. And if KC is lower than what it really is when all 3 reports are pulled, I’m in pretty good shape!
Post # 13
How does the Credit Karma app work? Is it completely free?
FI signed up for one of those ‘free’ credit checks over a year ago and he still hasn’t cancelled it. It charges him like $10.00 a month. I should remind him again that he needs to cancel it.
Post # 14
Love credit karma, I’ve been working very hard on my credit and LOVE seeing my points go up! I won’t be happy until I get to 700…then 750…then 800 haha!
Post # 15
I just checked mine. 511. Ehhhhhh…. I made some really stupid financial decisions 5 years ago. Most of it will drop off in 2015, but a couple bad things will be on there until 2017.
Post # 16
yeah, my credit karma score was lower than my real scores (we just bought a house and were able to get them from our lender)–750 vs 790’s.