hi, my score hovered at 550 or so. Had a bunch of credit card debt, had my daughters repossesion on my report (I cosigned, big mistake). Lost my job in 2012, and have one card with a 30-60-90 on it and another with a 30-60 on it. Also, one collection, which I paid
In 2013, got a new job, tripled my income, I got the repo pulled off my report in 2014. It stayed at 550, why?
Collection gets removed by my request, report goes to 555, only up 5 points?
Been perfectly current since 2013 on all debt, still stays at 550-560. It hovered up a few points, down every month.
Recently, paid off $ 63,000 of credit card debt!!!! FICO went to 660. Very good.
So, I apply for a card, get declined, due to ‘too much delinquency on my report’. The 7 bad marks on my 2 cards, which, by the way, are still active with 0 balances now.
How do I get my score to increase? They are flagging me for debt and a situation from 4 years ago.