Credit Score Update

Just got an email from WAMU that said my credit score has changed +/-20. I logged in the web site and to my surprise my credit score has gone from 542 to 579!! Woohoo. Another increase of 37 points in 1 month. In November 2006 my score was at 501 and 2 months later, after paying off alot of my bills and starting this web page, it's gone up 78 points! Things are looking positive...

FICO Score Improves +41 from November

Good news! I checked my FICO credit score from Transunion and it went from 501 to 542 as of December 1st. I get an update every month from my Providian credit card and it's always great to see it rise. Last year Jan 06, my FICO score was at my all time high at 607. My all time low was in Oct 06 at 486. How did I manage to drop that low? Late payments and non-payments. On top of that, I managed to max out all my credit cards because I was in need of money. In matter of 2 months I went from 486 to 542 and it should only go up as I pay down my debt and keep my payments recent. Your credit score is really important! I repeat, don't take it for granted when you have a high credit score because it only takes a few months to ruin it. Most people already know how to improve their score and the only thing to help is TIME.

I am also signed up at Myfico.com which I pay $4.95/mo for a quarterly credit score, plus if anything changes on my credit report (new accounts, inquiries, collections, etc.) I get notified via email. I recommend you check your credit score at least once a year or have some sort of protection against identity theft (Click here to check out Lifelock).