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First off, How do I prepare amortization table for a 30 year Lending Tree mortgage loan using Microsoft excel? Looking forward for any response. Another question I got... I now believe that everyone here is correct in reference to gaining points when one hits a 2 year mark on one's account. My FICO went from 675 yesterday to 711 today! I am shocked! Is 711 a prime score? What services do I have available to me now that I have a 711 versus the 675. That is a 36 point jump for simply having 2 years of history! Wow, I am amazed and HAPPY!.. |
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Good question... I dunno what is the right answer to your question. I'll do some Googling and get back to you if I bump into an answer. You should email the people at Lending Tree as they probably can answer it..
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That is a 36 point jump for simply having 2 years of history! Wow, I am amazed and HAPPY!.
Matty, do you mean the total length of credit history is now 2 years - or is it some accounts have aged to 2 years now. meaning what do you have in addition to these 2 year old accounts? do you have some older negative accounts?.. |
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I have a 2 year credit history altogether. My oldest credit union Visa is now at it's 2 year mark...
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Does anyone know if there are other "milestones" that may raise your credit score. For example, could there be additional big boosts at 5, 10, 15, etc. years...Or is it gradual aging effect (only minimal gains as your CR continuously ages past a certain point)?..
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123years...NOTHING for >3 years...I have 24+ year old accounts with NO benefit I can see.....
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George,.
I got a 19 pt. boost last month when 1 of cc's hit the 3 year mark... |
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I got a 13 point increase today because my mom's FUSA card (I'm an AU) hit 9 years...
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Congrats on the increase.....
Have you thought about dropping the "y" part of your name? I think Matt sounds much more grown up than Matty. Just my opinion... |
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I have a car loan that is set to be paid off in one month. It is the longest tradeline that I have on file. Next month will be the 5th year. Are there any added bonus points to completely paying off a loan in full normally as scheduled (besides the obvious gains of paying on time)?..
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Erica - while I see your point - I think Matt (y) sounds more friendly and welcoming - while Matt sounds a little more abrupt..
Marky LA.. |
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Cool...I wasn't trying to make any waves. I like Matty, as that is what I know you by here, so no biggie. I just know that some of the kids around here, changed their "name" back to their given one after graduation...
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Sounds good! I have 2 accounts that'll hit that mark later this year. One of them would've been 3 years old but I got a new account number and they didn't retain my previous account year's history. Still excited to hear about the benefit though. Congrats!..
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Is the one or two year mark based on MONTH only (meaning if I opened card in April '02, today I would get boost) or exact day and month?.
Is there some benefit after an account hit one year mark? I see all of you got some at 2 year's... |
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Paying off car loans, at least with me, don't seem to do anything. I have a score of 590 now with 26 positives and 1 negative(paid chargeoff from 4 years agp). It would help if experian would actually report the CL instead of my high balance. It looks like I am maxed out. TU and EQ are reporting the correct info and I am quite certain EXP is doing this in retaliation for my lawsuit. Once I hear back from the OCs, and they verify it was not their end that did it, I am gonna file against EXP again.
And again... |
