iranisculpable t1_j9o8opa wrote on February 23, 2023 at 11:46 AM

Why do you care about a higher credit score? I’ve had an 850 score. The promised dancers, marching band, ponies, and magicians didn’t show up. And I waited all day.

You should be less concerned about your credit score and more concerned about preventing a reoccurrence of problems that resulted from going into debt when you lost your job. You didn’t have a sufficient emergency fund. It took you 6 months to replace your income in an economy with low unemployment rates.

After you pay off your debts, you should focus on a 12 month emergency fund.

Pay all your credit card balances in full and your score will recover over time.

Relevant_Feeling5188 t1_j9onmvp wrote on February 23, 2023 at 2:05 PM

A credit score in the low 500s definitely needs to be addressed. It's not going to fix itself overnight and it's not worth obsessing over in the short term for that reason but it's a real problem with consequences that OP is justified in being worried about.

iranisculpable t1_j9ooczp wrote on February 23, 2023 at 2:10 PM

> A credit score in the low 500s definitely needs to be addressed. It's not going to fix itself overnight

Where did I say it would fix itself over night?

Don’t put words in my mouth that I didn’t say.

Relevant_Feeling5188 t1_j9otbkj wrote on February 23, 2023 at 2:48 PM

I didn't quote you, those are my words.

Glum_Restaurant6303 t1_j9pois8 wrote on February 23, 2023 at 6:06 PM

Thank you both for your inputs, its helping me put things into perspective