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My Journey To A 700 Credit Score (February 2020)

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My Journey To A 700 Credit Score

(February - 2019 - Update - Review)

Welcome to my journey to a 700+ credit score!

If you are new to my journey I am documenting the steps I take to reach a 700 score regardless if my score goes up or down each month.

I hope to show people with credit scores under 700 how to start building credit by follwing a few easy steps.

My Credit Journey to a 700 credit score

To follow along with my progress, you can bookmark the link to My Credit Journey To 700 page. 

If you would like to join me on a credit journey of your own, CLICK HERE to get your free personalized credit action plan.

I am excited to start my credit journey review because there are so many new and cool (ok, for credit nerds like me) credit building tools available in 2019!

It will be interesting to see how they affect my credit score and hopefully yours, too.

30 Day Credit Journey Review 

Want to know how to start building credit? 

Here are the credit building tools that I used in February: 

  • My brother signed me up as an authorized user on his credit card 
  • I signed up for a Credit Builder Loan through Self Lender 
  • I signed up for Rent Reporting

Overall the three steps I took were positive and helped my credit score or at least, did not affect it negatively.

Let’s take a closer look at the results...

2019 February Summary: Mark Huntley

Highlights: Qualified for credit builder loan, added as an authorized user, and enrolled in rent reporting

Change In Credit Score


On 1/27/2019


On 2/28/2019

+ 16 Points

On-Time Payments


Recent Inquiries


Oldest Credit Line

23 years

New Accounts


Credit Used


Available Credit



Ok, so as a reminder, I started with a 475 credit score on January 27th, 2019.

If you are new to my journey, you can catch up by visiting and bookmarking 
My Credit Journey To 700 page.

This month, as of February 25th, 2019, my score is now 491.

I will be providing you with my FICO scores from MYFICO for Experian, Equifax, and TransUnion, starting in March.

I prefer MyFico credit monitoring services because they provide the most comprehensive services on the internet and send me alerts when anything new happens.

 Yes, I get a lot of alerts, but you can change your account settings if you don’t want to follow them by the minute.

Plus, you know how we are always talking about your FICO credit score?

Well, that’s MYFICO, the guys who I use to monitor my credit are the same guys that produce our FICO scores.

February Journey Credit Score 491

I have also decided to use in these posts a free credit score provided by one of my credit card companies because it has multiple years of my credit score history.  (see above)

As is often the case, the free credit score is by VantageScore 3.0, this one is using my credit information collected by the TransUnion credit bureau.

As they are the competitor of FICO, we will be able to compare 
VantageScore 3.0 vs FICO score and see how the two scores react to similar credit information.

Overall, my credit score increased 16 points in February which was a little less than I expected.

I signed up for most of the credit building tools a bit late in February for the new accounts to be reported and let them get to work on improving my scores this month.

Let’s take a closer look at what happened in February...

Breakdown Of February Credit Tools Used

If you want to know how to start building credit, here is a reminder of the steps I took in February. 

  • My brother signed me up as an authorized user on his credit card 
  • I signed up for a Credit Builder Loan through Self Lender 
  • I signed up for Rent Reporting

Authorized User

Talk about helping a brother out...

My brother added me as an authorized user on his high limit credit card in February.

Within about three weeks my maximum available credit went from $2,400 to $22,870.

Being added as an authorized user to my brother's credit card was a huge potential boom for me because that category accounts for as much as 30% of your credit score.

Even better, there is no credit check!

Be sure to talk with your family about adding you as an authorized user to a credit card with a reliable payment history, large credit limit and preferably one that was opened a long time ago. 

The 16 point credit score increase came from being added as an authorized user because the other two steps I took were too late in the month to be reported.  

 If you’re interested in leaning more about the Authorized User and Tradeline strategy please see our REVIEW or if you’d like to get an Authorized User Tradeline now, click the button below.

Credit Builder Loan Through Self Lender

A Credit Builder Loan  by Self Lender is a small installment loan given with no credit check that is paid to you ONLY after you make all of the payments.

Self Lender reports the loan and the monthly payments to the three major credit bureaus which can improve your credit score. 

Most people starting their financial journey with poor, limited, and no credit, would NOT usually qualify for an installment loan. 

Unsecured personal loans (aka installment loans) are hard to qualify for until you have a credit score around 600 or 650. 

Even then, you will pay an arm and a leg in interest if you do qualify. 

Most people start off with a credit card which are categorized as revolving loans. 

What is great about these Credit Builder Loans is that they help your credit mix more so than a revolving loan because under normal circumstances, only people with fair to good credit usually qualify for them. 

They are a great credit score hack!

My first payment is in March, and I’m looking forward to seeing how this helps build my credit over the yearlong loan. 

Learn More About This Great Credit Building Tool:

Credit Builder Loan

Self Lender Review

Rent Reporting

Do you pay rent? 

Most landlords and property management companies DO NOT report your rental payments to the credit bureaus. 

For only a few dollars a month, you can have the Rent Reporters report your payments each month. 

I also paid a little extra to have them report the previous 24 months of my rent payments.  

I signed up early in February but my landlord took a few weeks to get them my records so rent reporting did not make it to my credit history in February. 

We will see how it goes in March. 

Overview Of Next Months Journey

If you haven't already, please take a quick look at the first blog post in my journey and bookmark that page by clicking here

In it, I told you I would not be following the 90 Day Credit Sprint Plan in order and that I would be...

Knocking Down The Proverbial Credit Door!

Well, that is just what I am going to do in March!

First, we have not yet seen the credit improvement from me signing up for Rent Reporting or a Credit Builder Loan from Self Lender. 

Those two by themselves should give me a nice boost next month. 

And that is just the beginning because in March I am going to:

  • Payoff All Credit Cards
  • Open an Online Store Catalog Credit Card by Fingerhut. 
  • Review and Dispute Credit Records
  • Attempt to Settle Two Collection Debts

On a more sobering note...

I am going to consolidate six student loans into one to lower my monthly payments and increase my monthly debt to income ratio

However, this is going to hurt my credit score, I am doing research on how best to handle the dip.

Like I told you, I am going to report the good months and the bad ones and closing 6 credit accounts that have been opened for over 10 years is going to hurt. 

Not to mention opening one big student loan for close to 100K. 

That month is going to be a train wreck and it is going to be soon...

Don't miss it! 

marks journey to a 700 credit score

Please join me on my journey to a 700 credit score by starting your own personalized free action plan today!  

More Keys to the Credit Door:

  • 3-STEP CREDIT PLAN:  Get Your Free Credit Action Plan
  • ACT NOW:  Sign Up for Self Lender
  • LEARN:  What Does A 650 Credit Score Mean? 
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