How much of a score increase

Feb 272011
 

I have the following reporting across all three reports

 

Child support (Collection Acct $500.00)

Asset Acceptance- $634.00 open account factoring

Wood LAw PC $101.00 open Collection

3 max out credit Cards $300.00 limit

 

If I have the the Child support, wood law pc and the asset acceptance removed. and paid off all the balance on the maxed out cards to $1.00 what would my score be. Right now I have like a 580ish on Transunion and 582 on equifax.

Another Child Support Issue

Jan 072011
 

I have been paying my child support and arrearage after finding steady employment now for over 2 yrs.  In that time, I have worked extremely hard to knock the arrearage out ($15,000 in 2008 to $3,000 at the beginning of 2010).  I have been constantly fighting with the child support services in my state to correctly report the amount that I owe on my credit report.  I currently have disputes being investigated w/ all three credit agencies.  The dilema I’m having is due to the negative information on my credit reports, my credit scores are in the low to high 600′s.  However, when I apply for a loan to buy a car, everyone is telling me that my FICO score is 0.  I don’t understand this at all.  In the meantime, I have applied for a secured credit card, attempting to find the culprit of the deceptive information from the child support agency (as of this afternoon, the county circuit clerks office has on record that I’m $8400 in arrears while my credit reports all state $7100), and will pay off a couple of medical bills that I was disputing w/ my insurance company.

 

Can someone please explain why my credit reports have my scores as 600+ while lenders are reporting a 0?

Formulating a plan?

Nov 252010
 

 

Hi all, I’ve been lurking in the forums for about a month now, soaking in as much info as I can, and still I’m pretty confused about it all!

 

So far I’ve only got the free EQ report from myFICO and that’s the first time I’ve seen all my wife’s things on the report, which explains why my score is 100 points below the last time I’ve seen it years ago. I no longer have the report as I didn’t realize I had to save it in time. I’ve been unemployed but am now starting to work again, so I figured now is a good time to get another report. I’m not confident enough about a monitoring subscription yet so I got one of my free reports from annualcreditreport.com – my EXP report. I was surprised to see a message about all my wife’s accounts not showing up when I get married, only if I have my name on one her accounts as an authorized user. Well, sure enough this report was far more favorable. Only two negatives: one CO from Verizon in ’05 (which I still don’t remember ever actually having) and a lot of lates from ’07 from the county I live in because I was behind on child support up until then.

 

So my questions so far are:

 

1. Why am I seeing such a drastic difference in what accounts are being reported between the two that I received so far?

edit: I just read that the marriage credit merging thing is a myth. Is that true? I’m only on 2 of her accounts and they are in good standing because I pay them. Does that mean my EQ report just has a bunch of bogus info?

 

2. Should I dispute the Verizon CO? If so do I have to do so on each bureau’s site?

 

3. I only could see utilization on the myFICO EQ report. Is that because I’m just getting a report from EXP and not a score, where the EQ one came with a FICO score?

 

4. I’ve been thinking there’s nothing I can do about the child support thing, but maybe a GW letter is in order?

 

I’m sure I will have a lot more questions once I’ve got my reports figured out, but any help just getting to that point will be very much appreciated!

 

 

 

need some help to get some credit

Nov 142010
 

My credit scores are 645, 647 and 650. I have a car note and a secured credit card.

 

 I was just a month ago approved for a mortgage loan (105000). We were trying to buy a house in just my name since my husband is 2.5 years into a chapter 13 bankruptcy. Long story short, the mortgage company could not verify my child support income (which I had to claim to get approved for the loan since they were holding my husbands bankruptcy payments against me) for the required year. I could only verify the past 6 months, because before that the ex and I still had a joint account and the payments went into that account. Since he had access to that account, the mortgage company claimed it couldn’t verify that *I* used the money.

 

So anyway……after the 1st of the year we are going to use hubby’s name also and apply for a mortgage so I don’t even have to claim the child support.

As of right now, I would like to raise my credit score. The only problem is, I can’t get approved for anything!! I tried to get an account with Dell and they denied me. I am trying to get some other type of credit on my report, but I’m at a loss as to what to get. I just went through 3 years of rebuilding my credit to get it where it is now after my divorce. The only thing negative on my report is a late car note almost 2 years ago (less than 30 days).

 

I don’t have a long credit history which hurts me, and outside of my car and the secured credit card, I don’t have anything else.

 

Anyone have any suggestions on what to apply for and what I can get approved for?? TIA!

 

Need Help on Increase Credit Score in the next 6 months

Oct 102010
 

I’m 27 a single mom of one and going through a pending divorce (already signed papers, just waiting on the gavel hit from the judge – got about a month and a half to go).  Anyway, I am a Therapist, making about 30k a year and a doctorate student.  About 3 years ago, I had magnificent credit around 680 and 675.  At the age of 23-24, that was great to me, anyway.  My X-husband couldn’t apply for credit for cash, his credit was terrible.  See I wasn’t educated about credit at all (even in my younger years), until I started working for a lending/finance institution and then I began to really get myself together.

 

My X was elbow high in debt and all the things (well most things, I wasn’t a total idiot) had to be in my mind for us to even get a decent apartment.  Well fast forward to 2010, we separated for the 3rd and last time in our 5 years of marriage and I was done with him.  My credit did take some jabs.  From a 675 from Equifax down to 577 and TU from 680 down to 630 (thought that was kinda odd).  

 

I took over my car note because I’m driving it and I am the most the responsible when it comes down to paying bills. I’m pretty on-time when it comes to paying that note, I never get 30-days behind.   I paid off 1 charged off credit card collection back in March 2010 and in the midst of paying back a collection acct from an apt where my X and I had to break our lease from an apt we had and he got laid off about 2 years ago, that’s about $2600 (I was a stay at home mom at the time).  I have about 2 other debts, one I’m paying off next week and one other I’m going to start paying off, next month.  

 

My big debt is that $2600 debt, I can’t get an apt because of it.  So I’m bunking with my parents now, until I can get it paid and away from my report.  I don’t want ANY MORE credit cards.  If I pay these collections off, will my score rise to a point I can trade in my car? or get an apt??  Like by April or May next year????  I’m tired of living with my parents, I don’t mind them, but I’m old enough to be on my own and to raise my daughter alone without outside guidance (ugh!).   But I’m sacrificing sooooo much right now, because I have no extra money.  I don’t know how in the world I’m going to do Christmas.  This may be a very short filled Christmas for my baby girl, because I want to think long-term and not short term

 

AND IM NOT GETTING ANY CHILD SUPPORT FROM HER DAD BECAUSE HE REFUSES TO PAY ME ANYTHING…(the court hasn’t awarded me anything yet).  

 

HOW CAN I RAISE MY SCORES IN THIS AMOUNT OF TIME!!!???? right now i’m at TU = 630 and EQ = 577  I have no idea about EXPERIAN.

Odd Letter From Cap1

Jun 072010
 

Here is my situation.  Last summer, I thought my soon-to-be ex-husband was paying the Cap1 card.  After all, he was withholding $ from the child support payment for this purpose.  Unfortunately, I learned that it was 120 days late and had been sent to charge-off status.  I paid the balance ($1100 on a $500 limit) in full, and did not negotiate a settlement amount.  I have been sending multiple goodwill letters to every address I can find for Cap1, explaining my situation and asking for a deletion of the tradeline.  Today, I received a letter in the mail.  The first page said:

 

“Thanks for contacting us about your credit bureau report.  We send information on the status of your account to the credit reporting agencies once a month.  The agencies keep accounts on your credit report for approximately 7 years. 

 

On the next page, there is a computer screen printout which looks like this:

 

Original Document ID                        xxxxxxxxxxxx

Account Number                                 xxxxxxxxxx

Destination Major Doc Type             CS

Destination Minor Doc Type             GCORR

Destination Department                   CS General Correspondence

Original Major Doc Type                    CS

Original Department                          CHRDDISP

Request Type                                      ReROUTE

Request Notes                                    *Dcorr* recd open Doc CH wants to know about finance chrgs and there in no chargs found on Acct so rtd to Gcorr so  take            necessary action.

User Name                                          xxx123

Route Date                                          05/11/2010

 

The third page consists of a photocopy of my letter.

 

Any ideas what this means?  Is it just another “too bad, so sad” letter?

 

Thanks!!

lates killing my score

May 092010
 

i divorced in 2003 and had a mess.  he didnt have to pay squatt when going thru the divorce including house payments or bills and he never paid his child support. needless to say i ended up paying alot of things late.  i just pulled my score and my last late payment was 2  years ago.  when will the lates i had before 2 years ago stop hurting my score so badly.  most of the accounts that had lates on them i have paid off.  will these fall off my report 7 years after the last payment (last activity) was made on the accounts?

Child Support Arrears

Mar 162010
 

I lost my job in 2000 due to layoffs and was unemployed for two years. During that time I accrued a substantial amount of arrearage in my child support. Since getting back to work in 2003 I have been paying my child support and the arrearage in accordance with the courts mandate. The problem is that my arrearage is being reported as a collection account that is not being paid. Ive tried disputing it and it keeps showing up the same even though the amount keeps changing. What can I do to fix this. It has costed me to high paying positions and now affecting me buying a house.

Student Loan interest

Feb 232010
 

My husband has 2 student loans he is paying on. One is in his name, one is in his dad’s name. Can we put down the student loan interest on our taxes from both loans? I already did our taxes and submitted them. Now his mom is saying we can’t put it down. I assumed we could since we paid them. I just looked it up and one thing I found said that the parent can deduct the interest if the child was a dependent when the loan was received. So it sounds like technically they can still write down the student loan interest on THEIR taxes even though they didn’t pay a dime on the loan this year. I don’t agree with that. I just want to know am I in trouble for putting it down on MY taxes? It was $298 on their loan and $131 on my husbands.

Support pours in for Monroe child in Brazil

Jan 262010
 

Support pours in for Monroe child in Brazil
MONROE — The calls and e-mails poured in. People wanted to help Alaina Arnold, an ill Monroe girl who is stuck south of the equator with her parents. Nurses in Washington offered to fly to Brazil to help bring the 23-month-old girl home after seeing media coverage of her plight.

Read more on Everett Herald

 Older Entries
Page: /tag/child/ :