- Centurion Member
- Posts: 323
- Joined: Tue Mar 06, 2012 12:15 am
- Location: Chicago
Here is a brief overview of what I've done since I joined this forum in March of this year.
All my information is being based off of Credit Karma.
I started off with a overall credit utilaztion of 59% and a credit score of 658. This is all My GM card alone was at at 96% utilization.
I paid off 2 credit cards ($667 and $1,079). I then Increased my credit score from 658 and increased it to 700 (+42 points) and dropped my utilization from 59% down to 51%.
I applied for 2 new CititBank cards - Thank You Preferred and Diamond Preferred. When I signed up my utilization was at 51%. Now it is down to 39% (credit karma was only 1 card is showing up and being reported) The other card has yet to show up. My credit score was at 695 and now it is at 716
I am paying off my GM Card balance in full in the next couple days ($7,350) and my car loan ($7,150) I cannot wait to see what my score on credit karma will be
My score went down a bit due to me opening up 2 new Citi Cards. My avg age was at 7 yrs and 11 mos, now it dropped to 5 yrs and 11 mos. My oldest trade line is 10 yrs 2 mos.
But since I opened the 2 new cards and Credit Karma shows them reporting now, my utilization has dropped from 51% down to 0%.
Now that we are in August, my overall credit utilization rate is 0%, Credit Karma is giving me a grad of C for that. My credit score is at 703. I did pay off my car loan in the middle of July and CK is still showing that I have a balance.
I wonder what my score will look like once CK reports my car loan being paid off in full? And I really wonder what my FICO Scores are, I am assuming that they will be much higher than what CK says??
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)