Mortgage and Insurance

Hi everyone. I am a nubie and just signed up for this service and have a couple questions. First, I have zero debt …no credit cards, loans, nada ..and only a 5 year credit history! I am trying to get a line of credit from Chase Bank for my businesss  but they want to see at least 640 FICO. According to myFICO I have a 589 Equifax score and TU hasnt scorred me yet?

 

Anyway, I have 2 dings on my credit.

 

#1) 30-day late with a Chase (WAMU) credit card that was closed in 09

#2) Cox cable bill from 08 that actually went to collection but was paid

 

My problem is that neither of these was reall my fault and I was hoping someone my be able to help me get these removed! As for the 3-day late on the credit card..I was traveling in Central America and new I would not be around or have internet access to make payment ..nor did I want to deal with it so I set the auto payment. The card was already closed, for some reason, by WAMU so I couldnt use it and just needed to pay it off. I set up several monthly payments that would automatically make several monthly payments until the account was paid off but when I returned I noticed the piece-of crap didnt work and the first payment was late 30 days! I called the bank right away and explained this 2 them and made a phone payment but it still went on my credit! There was never late payment before or after that one payment!

 

As for the cox cable thing, I have lived now in Costa Rica for the past 8 years and was surprised to see a cable bill in collection from 08. When I called cox cable about this they brought up the account and after I explained to them it was not possible to have this on my credit they mentioned my mothers name. I had completely forgotten that I sublet my apartment to my mother for a couple years and that she was paying the bill. She swears up and down that she paid it but she used and old Amex card to do it but the account has been closed for at least 1 year and there is no record. I know the account was in my name and I am ultimately responsible for the account. But they know very well that I Mod Cut! had not been paying on the account for years and that my mother was an authorized person and she had been making payments with her credit card ..

 

Any feedback on these issued is greatly aaaapreciated

 

Thank You,

Mod Cut!

 

Welcome to the forums, k9byron!!!! I edited out your name in this post. In the future, please do not share your personal information or that of others in the forums. This is to ensure privacy.

 

Thank you for your understanding!!!!

 

–fused, myfico moderator