Anyway to get 60 points fast?
I am trying to get my score up over 600! In order to get approved for a mortgage to take advantage of a the tax credit and get away from renting and throwing my money down the drain. Anyways I have all but one credit card down to a 0 balance. I have filed bk 5 yrs ago, have made a couple of late payments but nothing more than 30 days. I have goodwilled the credit cards to try and remove the late payments with no luck. Anyways, anyone that could offer any advice please let me know! Thanks
Categories: Rebuilding Credit Tags: advice-please, credit, Credit Card, down-the-drain, drain, from-renting, get-approved, late-payments, money, score, take-advantage
Categories: Rebuilding Credit Tags: account, Accounts, always-report, approach, Association, collection, Credit Card, debt-management, from-the-sub, later-it-came, learn-the-hard, slowly-learned
Capital One Offer
I need help regarding this account. I had a credit card with limit of $500 that right now is at $1,100. This account was sent to collections and about a week ago I received a letter from Capital One offering me 0% interest if I agreed to start making payments to this account. This account is obviously showing up as negative on my credit report. What steps do you recommend I take? Will making payments increase my credit score?
Categories: Rebuilding Credit Tags: account, Capital, credit, Credit Card, Credit Score, delete-once, making-payments, start-making, total
Best Plan of Action
Hi Guys, When I was younger (just out of high school) I made some stupid mistakes by thinking that since I had a nice job that paid well I should drive fancy cars and spend like crazy. Needless to say I got myself into some debt collection issues and finally a voluntary reposession after a layoff in the IT market
Categories: Rebuilding Credit Tags: Cards, collections, credit, Credit Card, need-the-credit, over-the-years, time, voluntary
which do I dispute?
On my TU report a collection agency, Travelers Bank showing a balance of $718, bought this account from a previous collection agency, Portfolio Recovery. It was originally a Rooms to Go credit card account that went to Portfolio Recovery for collections and I settled with them for $502 back in 2007. But now Travelers Bank popped up with the original $718 balance on my TU report and the account number tracks back to Portfolio Recovery which tracks back to Room to Go, so I know this account was sold to Travelers Bank from Portfolio Recovery. Should the balance Travelers Bank is reporting be disputed to show $0/paid collection or should I dispute for deletion of the Travelers Bank altogether?
Categories: Rebuilding Credit Tags: 718-balance, account, balance, Credit Card, number-tracks, paid-collection, portfolio, portfolio-recovery, the-account, travelers-bank, Travelers/
Capital One: Good guy or bad guy?
OK, long story short: In 2002 I open a Cap One credit card with a $300 limit. Late 2003 I quit paying them. They never sent it to collection, instead they continue to charge me fees until I finally pay them in full in Mar 08 ($900!). In Jul 08 I apply for another CC and they give it to me with a $300 limit. After a few months of on time payments, they bump it up to $500, and then without me even asking they bump it to $3,000 last summer. I have used the card extensively the whole time, with a high balance of $2600. Lately I have been PIF each month and the current balance is $155. Do I: A) Send them a GW letter to have the old account removed from my file based on the fact that now I am a good customer and I PIF the original debt for 3x the original amount.
Categories: Rebuilding Credit Tags: Credit Card, Current, current-balance, good-customer, limit, remove-the-old, the-original, time-payments, used-the-card
LVNV not showing as a collection on my FICO reports
I've got a collection with a Holloway collection agency, I'm trying to negotiate a delete for them, and I also have an LVNV.
Categories: Rebuilding Credit Tags: account, attention, collection, Credit Card, FICO, fingers-crossed, holloway, lvnv, majority, message-edited, negative, regular-account, the-collection
"Pays as Agreed" help/questions
I have a credit card that i have several lates and missed payments on.
Categories: Rebuilding Credit Tags: credit, Credit Card, credit-report, debt, instant-lump, lates, lates-payments, message-edited, missed-payments, paid-as-agreed, paid-the-debt, report, the-original
No matter what I do TU score doesn’t move!
Hey all! So I have been on this journey for a year and while my equifax score has gone up (635 to 682) my TU score hasn't budged! I have 1 medical collection from 2006 ($53 paid), a HELOC that is almost 100% because it was part of my original home loan and short credit history (longest account 7 years 8 mo). Other than that, I have a perfect payment history.
Categories: Rebuilding Credit Tags: always-pay, Credit Card, equifax, equifax-score, figure-out, journey, longest-account, original-home, perfect-payment, short-credit, student-loan
writing goodwill letter but don’t have acct number
Hi, I am writing a goodwill letter to BoA for a paid (and closed) collection account from 2004, but I don't have the account number as the account has been closed for several years. On my credit report it just lists the last four digits (it was a credit card). Would referencing the last four digits in the GW letter suffice?
Categories: Rebuilding Credit Tags: account, account-number, credit, Credit Card, credit-report, digits, four-digits, from-2004, goodwill-letter, letter-suffice, lists-the-last, the-account, the-last