I need to get pre-approved, but I’m unsure of where to start. I have my finances in order, and am ready to have someone try to approve me. Based on your experiences or knowledge who can give the best rates, and who is most likely to approve me?
Dec 082011
In the Commonwealth of Virginia (DC/Metro) you must be an apprentice for two years. Considering this I assume the pay will be very little. So with that being said I will have to continue working for xyz company and do appraisals on the side like one or two a day time and sunlight permitting and a few on the weekends. Does this sound realistic? Also on average what is the percentage of pay (if any) while an apprentice, and what is the percentage of pay as a legitimate full time Appraiser? I have a RE License and I am a former Mortgage Loan Processor so I have some knowledge of appraisals. In case you are wondering. Thank you
Hello,
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I was wondering if Experian removed the fall off dates listed on their credit reports? I remember a few years back they had these listed along with TransUnion. Equifax never showed them to my knowledge. It’s been a long time but my 7 years of having negative items on my credit reports have arrived. I pulled my Equifax report and noticed that 3 negative items were removed and it dropped my score about 4 points. I”m guessing due to credit age, anyways I checked TransUnion and Experian and these negative items are still listed. I went to Experian to pull my credit report directly to see if it still lists the fall-off dates but I don’t see them on their at all. Do they not lists these anymore? TransUnion seems to be the same way, i’m I missing something?
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Thanks,
v/r
JShidell
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I want to try to GW a lot of these old lates I have. Some are from co-signers I made, some are from a discrepancy on my student loan payment ($17 under I think?). With the knowledge of individual creditors, I’d like to get some feedback on the best way to tackle these:
Â
BOA LOC – This was a loan I co-signed on. It was closed by BOA some time ago. They didn’t contact me until it was 60 days late, and thats when I paid it up. So I got hosed in that deal.
Â
| Apr, 2008 |
| Aug, 2003 |
| Apr, 2007 |
| Line of Credit |
| $2,000 |
| $2,127 |
| 30 days: 2 times(May 2005, Dec 2004) |
| 60 days: 1 time(Jun 2005) |
Â
AES – Edu loan – I had two loans, set a day apart. I usually made one payment for both. All the paperwork would come in a day apart, so it was easy to get disoriented. I think I underpaid my bulk payment by a small about, $17 or so. So I ended up with a small amount going over 30 days. Of course, it hits both accounts and tanked my score at the time, I was buying a car. These people are irritating – Â they are the one lender I find enjoyment in making them wait for their payment! Thankfully one of my loans were sold to WF – I like them much better.
Â
| Dec, 2010 |
| Aug, 2003 |
| Dec, 2010 |
| XXXXXXXXXXXXX0001 |
| Student Loan |
| $11,861 |
Â
| 30 days: 1 time(Feb 2007) |
Â
AES #2
Â
| Sep, 2010 |
| Aug, 2004 |
| Aug, 2010 |
| Sep, 2010 |
| XXXXXXXXXXXXX0002 |
| Student Loan |
| $14,000 |
| Installment Account |
| Primary Borrower on Account |
| Education / Employment |
Â
| 30 days: 1 time(Feb 2007) |
Â
VW Credit – I moved and documented my change of address – it took them a couple months to figure it out. Of course, I got the bad marks in the meantime.Â
Â
| Apr, 2007 |
| May, 2003 |
| Apr, 2007 |
| Apr, 2007 |
| XXXXX7837 |
| Auto Lease |
| $17,174 |
| Installment Account |
| Individual Account |
| Finance / Personal |
| 30 days: 3 times(May 2005, Dec 2004, Sep 2004) |
Those are on my TU report. I have more which are only reporting to EQ:
Wells Fargo Student Loan -Â There are three of these accounts. They are a combined Stafford Loan payment. I moved back from college that summer and misplaced the bill. The following month I paid it up and have been on automatic payments ever since. Such a piddly payment amount, but I have 3 accounts reporting a late from it.
| Dec, 2010 |
| Oct, 2001 |
| Dec, 2010 |
| XXXXXXXXXXXX0003 |
| $1,417 |
| Installment |
| Individual |
| All Banks |
| 30 days: 1 time(Jul 2006) |
The last thing I have is a junk collection dating back to July 2004. Its set to fall off this year from all CRAs. However, I have a lot of credit goals and uses for this year, and I want to offer to PFD on this account to see if they will take it. Worse case, it will be gone in 6 months.
Federal Credit Corp – EQ reports as an open account 120+ past due, TU and EX as a collection. Shown below is EQ.
| Dec, 2010 |
| Jun, 2010 |
| Jul, 2004 |
| $237 |
| Open Account |
| Individual |
| Factoring Companies |
My EQ FICO is 667. It says my two highest factors hurting my score are “Serious Delinquency” and “Bad Payment History”. Basically, everything I listed above. Good factors is the 4 years since a late – and 18 accounts in good standing.
My TU FICO is 655. My two highest factors hurting my score are “Collection” and “Recent Collection”. TU shows it as placed in 6/10, and due for removal  6/11.
AAoA is 6-7 years (depending on CRA)
Oldest account is 10.5 years
Overall Util is around 48%
I want to have a story to share on the forums like others I read all the time. I feel like my history is solid, I have enough credit and types of credit to have strong scores, just have to get rid of some of these lates , most of which are 3x insulting because it was combined student loans.Â
Your advice is appreciated!Â
Jan 142011
Â
I want to try to GW a lot of these old lates I have. Some are from co-signers I made, some are from a discrepancy on my student loan payment ($17 under I think?). With the knowledge of individual creditors, I’d like to get some feedback on the best way to tackle these:
Â
BOA LOC – This was a loan I co-signed on. It was closed by BOA some time ago. They didn’t contact me until it was 60 days late, and thats when I paid it up. So I got hosed in that deal.
Â
| Apr, 2008 |
| Aug, 2003 |
| Apr, 2007 |
| Line of Credit |
| $2,000 |
| $2,127 |
| 30 days: 2 times(May 2005, Dec 2004) |
| 60 days: 1 time(Jun 2005) |
Â
AES – Edu loan – I had two loans, set a day apart. I usually made one payment for both. All the paperwork would come in a day apart, so it was easy to get disoriented. I think I underpaid my bulk payment by a small about, $17 or so. So I ended up with a small amount going over 30 days. Of course, it hits both accounts and tanked my score at the time, I was buying a car. These people are irritating – Â they are the one lender I find enjoyment in making them wait for their payment! Thankfully one of my loans were sold to WF – I like them much better.
Â
| Dec, 2010 |
| Aug, 2003 |
| Dec, 2010 |
| XXXXXXXXXXXXX0001 |
| Student Loan |
| $11,861 |
Â
| 30 days: 1 time(Feb 2007) |
Â
AES #2
Â
| Sep, 2010 |
| Aug, 2004 |
| Aug, 2010 |
| Sep, 2010 |
| XXXXXXXXXXXXX0002 |
| Student Loan |
| $14,000 |
| Installment Account |
| Primary Borrower on Account |
| Education / Employment |
Â
| 30 days: 1 time(Feb 2007) |
Â
VW Credit – I moved and documented my change of address – it took them a couple months to figure it out. Of course, I got the bad marks in the meantime.Â
Â
| Apr, 2007 |
| May, 2003 |
| Apr, 2007 |
| Apr, 2007 |
| XXXXX7837 |
| Auto Lease |
| $17,174 |
| Installment Account |
| Individual Account |
| Finance / Personal |
| 30 days: 3 times(May 2005, Dec 2004, Sep 2004) |
Those are on my TU report. I have more which are only reporting to EQ:
Wells Fargo Student Loan -Â There are three of these accounts. They are a combined Stafford Loan payment. I moved back from college that summer and misplaced the bill. The following month I paid it up and have been on automatic payments ever since. Such a piddly payment amount, but I have 3 accounts reporting a late from it.
| Dec, 2010 |
| Oct, 2001 |
| Dec, 2010 |
| XXXXXXXXXXXX0003 |
| $1,417 |
| Installment |
| Individual |
| All Banks |
| 30 days: 1 time(Jul 2006) |
The last thing I have is a junk collection dating back to July 2004. Its set to fall off this year from all CRAs. However, I have a lot of credit goals and uses for this year, and I want to offer to PFD on this account to see if they will take it. Worse case, it will be gone in 6 months.
Federal Credit Corp – EQ reports as an open account 120+ past due, TU and EX as a collection. Shown below is EQ.
| Dec, 2010 |
| Jun, 2010 |
| Jul, 2004 |
| $237 |
| Open Account |
| Individual |
| Factoring Companies |
My EQ FICO is 667. It says my two highest factors hurting my score are “Serious Delinquency” and “Bad Payment History”. Basically, everything I listed above. Good factors is the 4 years since a late – and 18 accounts in good standing.
My TU FICO is 655. My two highest factors hurting my score are “Collection” and “Recent Collection”. TU shows it as placed in 6/10, and due for removal  6/11.
AAoA is 6-7 years (depending on CRA)
Oldest account is 10.5 years
Overall Util is around 48%
I want to have a story to share on the forums like others I read all the time. I feel like my history is solid, I have enough credit and types of credit to have strong scores, just have to get rid of some of these lates , most of which are 3x insulting because it was combined student loans.Â
Your advice is appreciated!Â
First of all let me say that I am excited, overwhelmed and somewhat intimidated at all the knowledge here.:smileyvery-happy:
 I wish I had known about this forum sooner!!! And I also wish I had been more responsible with paying medical bills. Right now my credit score is 626-Experian and 627-Exquifax….not too bad but not good either. I would love to improve/rebuild my credit. I have done just about all I can do minus my nagging issues below.
Â
I have 2 medical bills that I paid in full to a CA. After I paid them, I was wondering why my credit score didn’t move! GO FIGURE! LOL… Anyway, after joining this site and trying to understand this FICO/CREDIT thing a little better, IÂ read somewhere that if you have paid off medical collections account to a CA, then the HIPPA process does not apply? You have had to pay the debt to the original creditor?
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Also, I am currently in the process of paying off another medical collection account to a CA…. I’ve only made 2 payments to them. I didn’t know about the PFD, etc or the HIPPA process until this week. :smileysad:  SO in an attempt to reverse or salvage,  I called the OC, and asked could I pay THEM instead of the CA. They said NO, because of how long it’s been in collections since 9/9/09…
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Is it true, that the HIPPA process does not work if you have paid your account in full to a CA ?? So I do I not have any grounds whatsoever with the CRA , CA, or OC and I will be just stuck with this showing on my CR as a PAID COLLECTIONS.? What to do, what to do……
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Any advice or help is appreciated.
Jan 112011
I guess this is just my way of holding myself accountable for repairing my own bad credit choices. I have spent a year or so half hardily repairing my credit, but for 2011 I have resolved that I will finally really push the FICO ball up the hill. So here it all is….
Â
January 2011 MyFico TU score 573 :smileysad:
2 credit card charge offs( Macy’s 5/2004 and BofA 9/2004) **BofA was paid with a settlement for more than half owed
3 cards with one 30 day late from 2009 (Jan on two of the cards, May on the third)
2 medical collections from 2010 (working on HIPPA process)
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*The rest of my accounts are all in good standing but the utilization is high.
Â
My equifax report is on its way later on this week…and I will update when I get it.
??? My question is can something that was disputed and removed by the CRA in the past…be put back on your report (without your knowledge) with a statement saying “consumer disputes this account information, collection account”
I received a call today from OAC collections today stating that I owe a debt from an ER bill. To my knowledge all of my medical bills are paid off, so if this is true, the debt must be extremely old. There are no collections listed on my credit reports from OAC and I haven’t received anything in the mail. I haven’t gone to the ER in years, so I’m not sure what this could be.
Â
I am needing some advice on how to best handle this situation. The individual just hung up on me before i could ask for any information such as the account number, and the orginal creditor. Should I try to contact them back myself? Should I request them to send me everything in writing? If I do that I will have to give them my address, and I’m not sure I want to do that. Does anyone know the statute of limits in the state of Tennessee? This is a wisconsin based collection agency (I lived there up until last year) so do they even have a right to collect in my state?
Â
Any advice would be extremely helpful. thank you.!:smileyhappy:
Nov 162010
Hi all,
Â
I am in the process of rebuilding my credit. My goal like many others, is to improve my credit therefore approving my overall score. I just ordered both EQ’s ScoreWatch as well as TU’s Quarterly Monitoring, and I am so excited. My EQ score is a lowsy 538 and my TU score is 576. I actually thought my score would be in the 400′s because everytime I apply for credit, I get denied. In Sept. I received my cr from all 3 cra. In Oct I sent out 10 dv’s CMRR ($55 whew!!).  After reading lots of stickys and threads I realize what I need to do. Next month I will be applying for a secured credit card from Public Savings Bank. I hear this is a good place to start (if you know of any others please feel free to chime in), therefore I will be coming in the game with $1000. I have read alot about util and when to pay off the card and to leave a low balance 9% or lower on the card and I will most definetely be taking advantage of the knowledge that I gained. Thank you all for your contribution.