I have followed your advice before and glad to see a great change in my credit report. I used to have a horrible score of 305, which is the low of the low. When I lost my job in 2007 and my high income, I defaulted on 2 of my credit cards and 2 cell phone companies. I moved to a different state, which caused all 4 of those companies to take legal notice in my previous state, leaving me with 4 public records on my credit report. I saw the original companies who had sent me to the 4 credit collectors, be removed from my credit report. I opened up a secured credit card with Capital One and started to rebuild the damage.
Currently, I have a FICO score of 692, which I’m extremely happy about. I have 5 years of good credit history now and have never been late on any of my payments. I keep my secured card at a balance to limit ratio of 32% every month (my limit is $200), but I wanted to know can my score continue to go up, even with the public records on my report? Should I think about signing up for another secured card? Will the public records ever be looked passed? I have 5.5 years until I can ask for the records to be removed, so I’m confused at what’s my next step.
By the way, this website has helped me tremendously, and I’m forever grateful!
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.You Really Helped Me Boost My Credit Score. I'm Forever Grateful. - Ericka by Steve Rhode