I have been a navy fed member since 2017 when my credot was in the 550s range Lots of collections. Charged off loans, cards and two repos from 2016-2019. i got my first mortgage in April of 2023 my scores have risen up to 660-690 ficos 8s currently.
I have had a $200 secured credit card with navy fed since November of 2020 and a paid off secured loan from 2020. I have 1 remianing collections on each of my reports and both my repos are scheduled to fall off by july 2024. I habent had a missed payment since 2020.
I did a pre qualification for navy fed on march 5th was pre qualified for cashrewards was approved for $8300 SL. Very happy. Did a balance transfer from two capital one cards and 3 store credit cards totaling $4600.00 for the promotional 1.99% intrest rate. Leaving me with 0% utilization on all cards except this new navy fed card.
I have a very predatory 29% pre-computed intrest loan thru onemain financial orginally borrowing $10,200 for unexpected expense and moving out of state costs in August 2022 and still owe $12,500 with a $8,900 pay off as of today.
My goal is to pay off this new navy fed card within the next 6 months and request a CLI to do a balance transfer on the loan to take advantage of the payoff and 1.99% intrest
What can i do to increase my internal score with navy fed to make sure i can get a CLI increase in the next 3-6 months and why hasnt my $200 secured card graduated when i have been approved for a unsecured card?
