Just getting to get control of my credit score in a positive way. I want to improve my score the fastest way possible. I want to do this the right and legal way, because me having a low score 598TU is my fault, and my fault alone. I have 2 cc charge-offs that have been closed. Is there anyway too get those off in the near future, and also have a vehicle payment that has not been late 1 time in 3 years. I also have 1 credit card that I pay off every month except for about 5-10%.
Jan 042011
Dec 072010
My Transunion Score is 701 and Equifax 679 as of today (they were higher until a goof by wells fargo last week that has since been resolved, but not yet reported)
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Anyways I have:
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A mortgage with $151K balance – never missed a payment
Amex – paid off every month
A few utility/cable bills – never missed a payment
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I have applied for a few cards in the past few months but been denied, I think they were Chase Cards, I guess because I dont have enough or high enough credit.
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I want to build my score and do it fast. It has been stagnant around 700 for about a year. Any advice or help would be appreciated.
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Any advice or thoughts on what I can do? Is the Amex helping or hurting me? Thanks.
Nov 142010
I have 1 account with each… they are reporting a balance EVERY month… only around 700.00…… I have tried PFD for the last 6 months with NO LUCK… This account will not roll of until 2015!!!… Would you pay the account in full which will stop them from reporting derogatory info every month or keep sending PFD….. I need to buy a home in 1 year and need to get this taken care of… I am thinking if I pay and it stops reporting in Jan that should raise my score a little before 2012 which is when I need to purchase a home…
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any advice??? also.. am I correct about paying the account and stopping them from reporting derogatory info every month .. WILL RAISE MY SCORE over time???
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thanks!!!!
i have a charged off credit card on my reports that on the monthly payment status line, they update every month CO. this account has been charged off since 2007. it was paid in full in 09. are they allowed to continue updating the monthly payment history as charged off?
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Aug 202010
I can’t SEEM TO CUT A BRAKE LATELY!! I had some CC about three years ago and they where charge offs Some  collection companycut a settlement saying PIf 0 balance.
However , is their any way I can get them off my credit report?I had one balance that they open a CC and the balance was on this cc and I pay every month 0 interest until balance is paid Then still use cc too rebuild credit and every month it shows only on Tu and experian not eq? I’m thinking of opening a $500 Orchid credit .WillTHAT HELP RAISE MY CREDIT SCORE?Was settling bad idea?
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                                                                                                                                                                               Thanks:smileysad:
May 142010
First Premier Bank Aventium card. Granted this card is about as bottom feeder as it gets, $75 app fee, $95 annual fee, $300 limit. Along with an interest rate that would make Tony Soprano feel guilty about charging. However, I can have a positive tradeline report to the bureaus now.Â
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ETA: To make best use of this, how much should I charge on it per month, and how much should I pay off every month? I’ll drink whatever juice it takes to get to 700.Â
Does anyone know when the credit bureaus update the information on your credit report? Is it every month or only when the creditors report a change in status / balance / late pays etc? Also how quickly are the updates seen by the consumer after the change is made on your report? TIA
Mar 092010
Back in Novemember 2008, I had a personal loan go to collections after 3 months of not paying. In May 2009, I paid the debt collector off the full amount. The debt collector isnt on my report at all..but The Original Creditor is still to this date reporting it as a “Charge-Off” with a balance of $0. Can they still report this as a charge off every month even though i paid the balance off? And since they are still reporting it as a charge off each month, does that mean its reageing the account?
I’ve been in my student loan rehab for 22 months on my 9 month agreement. I’m unsure if TSAC (the guarantor) is reporting correctly. Should they still be reporting as 120+ days late every month, even though I’ve made 22 consecutive payments?
Mar 082010
I am so frustrated right now I could scream. I have been working on improving credit scores and it seems as if things are now worse. I can hardly even type right now. I had an old account with sprint that went to collection and I paid of in 3/05. The DOFD is 9/02. I filed a dispute because its past 7 year mark. All of a sudden I get a scorewatch update and my score dropped 38 points. It now shows that account has 74 90 day lates which is showing 90 days late every month since I paid it even though the balance shows 0. How is this even possible. And this isnt the only account. I also paid a CA that wasnt on my report. Now today, after I paid this 2 weeks ago, its on my report. Im about to give up.