Rebuilt

Nov 032010
 

Just wanted tp thank each and everyone that has helped and posted their advise on here. Just closed on my 1st home after having declared bankruptcy 6 years ago will horrid low 500 scores. I am now creeping my way up to the 700 club. Once, again thank you to all…

DV Letters Worked! What about the rest.

Aug 032010
 

I sent two DV letters to two different CAs.  I got letters from both stating that they were having the accounts deleted from TU, EXP, and EQ.  I checked and one of them is already deleted.  Thanks to everyone for the advise and support! 

 

I have two other CAs still reporting (Midland Credit Management and Pinnacle).  Neither one responded to DV letter I sent CMRR on June 20, 2010.  Should I report this to TU,EXP, and EQ?  Do they care about this?

 

I have a tentative mortgage approval for closing in October.  The lender has stated that any collections will need to be cleared up or paid at closing.   They will pull a credit report 14 days before closing and anything remaining will have to be paid at closing.  So I have a 60 day deadline and I would rather have it done before closing.  With that in mind, do you think I should send a PFD for partial balance (say 40%-50%) to the remaining two CAs and see if they bite?

 

I apprecaiate any suggestions, thanks.

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authorized user or joint account

Jun 292010
 

hello folks,

 

i did read many posts about authorized user and joint user (account) but i have a few concerns.

 

1) i friend who works for a car dealer told me that AU isn’t very helpful. lender can actually see that you are an AU and don’t “value” your history as much. is this worth doing?

 

2) my wife has excellent credit. if she adds me as a joint user is her credit score going to drop?

 

3) if she adds me as a joint user, is my credit score going to go up because of her excellent credit?

 

 

thank you so much on your advise and sorry if this is the wrong section for this question.

Closing cards & applying advise

Feb 242010
 

Ok here goes..I have way too many cc’s..all rebuilders from a BK in 2001.

They will all have a zero balance by end of next week…I plan on joinign NFCU through son & dil and would like to apply for their visa card. Am I better off closing these cards before I apply, after I’m approved or talk to a loan officer first to guide me. Last I checked the fico scores were around 680..no lates or baddies except for the 2001 BK when we used personel cc to cover business debt instead of just throwing in the towel….

 

My cards:

Merrick

Applied

Cap one two cards

Household two cards  zero balances

Household Discover

Lowes through Ge money

Credit one

Macys store card

Walmart store card

Amazon store card

Chevron zero balance\

Exxon gas…I plan on keeping open

 

Thanks in advance

Mortgage and Mortgage Insurance company advise….?

Jan 302010
 

I was the first time home buyers – where people love or hate of any mortgages and / or insurance companies? I like some of the recommendations (refer to the information or bewares). . . Thank you!