Need some guidance please!
Ok so I have been paying a bill for a college bill that I initially didn't pay so it went to collections.
Categories: Rebuilding Credit Tags: automatic, Boss, collections, paid-on-time, person, phone, processing-fee, start-charging, the-collections, very-uneducated
Can someone explain the Game to me?
Ok I started out 6 months ago trying to repair my credit. I am using the Equifax service. I have gone from a 471 to 617.
Categories: Rebuilding Credit Tags: companies-seem, credit, game, lien-off-first, manditory, never-received, paid-on-time, started-paying, work
credit limit decreased
I recently paid a nice chunk off on my Discover card (2000 from 5k balance), but was addming more to it with a recent business trip (maybe 1k more). I see today that my I am $501 over the limit! They decreased my credit line. I assume it's perfectly fine for them to do this, but is it really when it can cause damage to one's credit score? I have never been over the limit with them and always paid on time, although my balance was always at the limit.
Categories: Rebuilding Credit Tags: addming-more, balance, credit, Credit Score, discover, excuses, limit, more-negative, paid-on-time, perfectly-fine, recently-paid, the-limit, their-excuses
Will Consolidating my student loans affect my credit score?
I asked this in the general credit forum but maybe it would be easier addressed here since no one seemed to have an answer there. I have 2 student loans which are in good standing, always paid on time I have never been late.
Categories: Student Loans Tags: always-paid, credit, credit-forum, credit-rating, good-standing, lower, lower-interest, negatively, paid-on-time, problem-paying, score, Student Loans, take-the-lower, the-general
Credit Score dropped, student loans sold?
Why did my credit score drop? In the history, my student loans shows that the “account transferred or sold, closed or paid account/zero balance” I’ve never missed any payments and have always paid on time. How is this possible for me to have a drop in my credit, from 753 now to 744 for doing what I’m suppose to do? How do I fix this?
Categories: Rebuilding Credit Tags: always-paid, Credit Score, from-753, never-missed, paid-account, paid-on-time, ransferred-or-sold, student, Student Loans, the-history, zero-balance
What would you do?
In a mission to rebuild credit in the last 1.5 yrs I have opened, and always paid on time 3 credit cards: 1st premier LIMIT $300 BALANCE $50 Credit One LIMIT $250 BALANCE $0 1st Nat'l LIMIT $400 BALANCE $123 and I have 2 auto loans that are current as well. WIth the exception of the above, everything else on my CR is bad! I have all charge off/collections accounts. No repos, bk,etc
Categories: Rebuilding Credit Tags: 1st-premier, auto-loans, credit, credit-cards, current-as-well, everything-else, exception, paid-on-time, Question, rebuild-credit, ridiculous, ridiculous-fees, the-exception, time
9 point drop on EQ
I checked my EQ report today after paying down a credit card balance of $372. which left an account balance by statement post date of $31.00. I expected my score to increase a point or so and instead to my suprise my score dropped from 673 about 2 weeks ago. The only difference I could find on my credit report was under " understanding your score" 673 Fico the 2 positives listed were 1) Bills paid on time; 2) Recent credit card use 664 Fico the 2 positives listed are 1) Bills paid on time; 2) Many accounts paid on time Nothing had changed in the Whats hurting your score area.
Categories: Rebuilding Credit Tags: account-balance, accounts-paid, after-paying, credit, Credit Card, credit-report, debt-tomorrow, difference, paid-on-time, score, score-dropped, statement-post, suprise, the-difference, understanding
Will being added as an authorized user to my dad’s 40 year old gas card help my score?
My credit history is 6 years old, my dad said he will add me to his 40 year old gas card that is always paid on time. I was wondering if this will increase my score much? I need to boost my score by 30 or 40 points for a loan
Categories: Rebuilding Credit Tags: always-paid, credit-history, dad-said, gas-card, judgement-removed, paid-on-time, removed-as-well, score, score-much, will-add, year-old, years-old
Will becoming authorized user on dad’s gas card and credit card raise score?
My fico score is 561 right now. I need to get it to 620 for USDA or FHA loan
Categories: Rebuilding Credit Tags: 500-balance, 561-right, always-paid, authorized-user, Credit Card, fico-score, paid-on-time, raise, score, usda-or-fha, will-make
I need advice on reselling an account & reseting Charge off
Credit One has lost it's mind.....I have been fighting them for 2 years! Their newest tactic...They sold an account they DO NOT OWN.It was sold to resurgent.Resurgent couldn't verify so deleted.Credit One has now sold to Granite Asset Mange (unless it is one of the many faces of resergent--I have wriiten delete from Resergent president if that is the case) On top of that the report is like this Nov.2008-Jan 09 deliquent to CO Feb 09-Dec 09 paid on time --- Mind you Resergent owned it at that point Jan 10 CO --- Are they kidding me?And since then every 45 days Equifax verifies it as correct. UGHHHHH Then this month it shows owned by Granite Asset Manage.
Categories: Rebuilding Credit Tags: account, both-companies, credit-report, giving-it-one, granite, granite-asset, month-it-shows, paid-on-time, report, resergent, time