Well I just checked my credit score. My new morgtage was listed, but not as a morgtage. It is listed as a loan. Would the bank have reported this incorrectly? Should I contact the bank and ask them to report it as a morgtage, since it is a morgtage? Or should I contact Experian?
It dropped my score by 32 points.
Wow. Now Im only 632. Ive seen my score change a little here and a little there, sometimes up a point or two sometimes down a point or two. But the big drop today was hard to look at.
Now that Ive gotten into the balance transfer game, Ill be able to pay off some of these lower balances a little faster, increasing my zero balances. That should help. But 700 is so far away now.
Well, I HAVE the morgtage, the interest is LOW and the payments are really LOW. So my Fico score is NOT as important to me as it once was, AND it will be going up soon.
Trying to think positvely about this. I will be out of debt soon(well sooner than what I thought two years ago) and Ill be able to save more money in the next 6 months then Ive been able to save in the last 45 years!!! My E-fund will get to 6 months of expenses. I will get my cc paid off, I will get my student loan paid off (rate also just went down on that) and some day I will be a land BARONESS.
back on track
trybjkt