Good morning! I have been lurking the boards but am unable to find someone with a situation like mine.
In May of 2011 I was able to finance two new vehicles. One loan on my own and the other with my husband....In July 2011 I was able to finance a used vehicle for my son. I have two store credit cards and two M/C's.
Since making these purchases last year I have been ON TIME! I arranged auto-payments with all vehicles and the credit cards are either paid in full or I make more than the minimum payment due. All on time.
I figured that after a year of doing this, my credit score would soar. However, I just checked and it is lower than ever (593). The highest it has been during this past year is 635.
I had a bankruptcy in 2007 (ch. 7).....the accounts are still on there (about 12) that were included with the bankruptcy. I did the letters of dispute to the CB's last fall but not many changes were made to my credit reports and I saw no improvement.
I don't know what more I can do. I understand that time can improve credit scores along with on-time payments....but in my case the time and on-time payments are proving detrimental.
Any advise would be appreciated!