What A Difference A Year Makes

[bettercred4biz]

Thanks for the inspiration! I've learned a few things from you:

 

I need to be patient

I can do it

The reward is greater than the work

Lenient CS Reps are the goal

 

Thanks for your story!

[Guest ichliebe]

give a bow !

[Guest ichliebe]

I joined Creditboard from now on. I will try my best to work on my credit.

[zephdog]

I joined Creditboard from now on. I will try my best to work on my credit.

 

 

2 years ago I had 36K in consumer debt from a failed business attempt.

 

We were both reduced in work hours to 1/2 time approx.

 

I now am down to 22K by following advice here for hardship programs and debt management.

 

It is possible, Keep sticking with it!

[loanguy1982]

I joined Creditboard exactly a year ago this month. I had been trying to work on my credit for a few months before finding CB but without much success.

 

A little about my history. I became very ill a few years ago and was unable to work for 2 yrs. With 2 children and a only a small amount of child support as income I was forced to file BK13 to try and save my home from foreclosure. On the advice from my atty, I filed a 2nd BK13 to stop foreclsoure again. When my health just wasn't improving, I finally filed a BK7.

 

When I started my credit repair with CB, I had 3 BK's, a Foreclosure, many collections and 10-15 negative TL's on each report. I had 2 credit cards: Cap 1 for $300 and Orchard for $300. My scores ranged from low to mid 500's.

 

I started cleaning my report. I got all the BK's deleted from EQ, 2 BK's deleted from TU and none from EX. I've deleted all collections from all reports except 1 collection for $30 from EX which is marked "in dispute.". I've had my mortgage deleted completely off EQ and EX, it shows on TU but no mention of Foreclosure.

 

I've added 15 new TL's, my latest being a $5000 Visa approval from USAA. I also have $2000 Visa from Providian and $1500 Visa from State Farm. Other cards I've been approved for are MATCU(local CU), Target, Dillards, Walmart, Carecredit, Lowes, Patelco Vacation Loan, Local furniture acct and an automobile loan.

 

My Fico scores now range from 655 to 670 and are steadily climbing. I hope to reach 700 in the next few months. My plans are to get a Mtg in May so I will just let my accounts age for now.

 

I just want to thank CB for being so patient with me and giving me the knowledge to be able to repair my credit. I even once posted that I thought my credit was beyond repair with 3 BK's, but with the help of CB I've accomplished that feat.

 

To all those that are just beginning your credit repair journey, don't give up. There will be times when you will feel overwhelmed, take a break and come back later but don't give up. If my credit can be repaired, anyone can.

 

Again, thank you CB from the very bottom of my heart.

 

 

 

 

how did u get the bk and FC deleted?

[breeze]

If you want help with a problem, please post here by clicking the "Start new topic" button, then type your question in the box.

[breeze]

.

[renc]

Congratulations and thanks for sharing your story. I feel like I am looking for a similar "new beginning" and your success is inspiring. I will hope to share a similar story sometime in the not-too-distant future.

 

Rick

[cecekingskid]

congrats on your success. you have to be thrilled about this turnaround. thanks for sharing your story. I am just getting started and really needed to hear this today. :-)

[ShannonFisher]

This thread has really been an inspiring read. I'm aspiring to home ownership in the future, and I really want to make sure I do everything right. I can wait to dig into the threads here some more to see what I can learn. Thanks for the inspiration!

[Gino4500]

This is awesome. I can do it. These stories have really inspired me.

[searcher88]

Hi, I have just joined CB and I am awed by your story. I just filed for Chapter 7 BK last week and I have been feeling really out-of-sorts, afraid of the future, uncertain as to what steps to take next in relation to my other financial needs, ashamed that i have been led to take this BK, and generally feeling hopeless.

I am wondering how to get to that first helpful topic which led to your success. I am still new at navigating the site. There must be tons of material which i need to dig through but I don't mind. Your success story is your helping hand guiding me every step of the way until I, too, shall post my own success story. . . someday.

I joined Creditboard exactly a year ago this month. I had been trying to work on my credit for a few months before finding CB but without much success.

 

A little about my history. I became very ill a few years ago and was unable to work for 2 yrs. With 2 children and a only a small amount of child support as income I was forced to file BK13 to try and save my home from foreclosure. On the advice from my atty, I filed a 2nd BK13 to stop foreclsoure again. When my health just wasn't improving, I finally filed a BK7.

 

When I started my credit repair with CB, I had 3 BK's, a Foreclosure, many collections and 10-15 negative TL's on each report. I had 2 credit cards: Cap 1 for $300 and Orchard for $300. My scores ranged from low to mid 500's.

 

I started cleaning my report. I got all the BK's deleted from EQ, 2 BK's deleted from TU and none from EX. I've deleted all collections from all reports except 1 collection for $30 from EX which is marked "in dispute.". I've had my mortgage deleted completely off EQ and EX, it shows on TU but no mention of Foreclosure.

 

I've added 15 new TL's, my latest being a $5000 Visa approval from USAA. I also have $2000 Visa from Providian and $1500 Visa from State Farm. Other cards I've been approved for are MATCU(local CU), Target, Dillards, Walmart, Carecredit, Lowes, Patelco Vacation Loan, Local furniture acct and an automobile loan.

 

My Fico scores now range from 655 to 670 and are steadily climbing. I hope to reach 700 in the next few months. My plans are to get a Mtg in May so I will just let my accounts age for now.

 

I just want to thank CB for being so patient with me and giving me the knowledge to be able to repair my credit. I even once posted that I thought my credit was beyond repair with 3 BK's, but with the help of CB I've accomplished that feat.

 

To all those that are just beginning your credit repair journey, don't give up. There will be times when you will feel overwhelmed, take a break and come back later but don't give up. If my credit can be repaired, anyone can.

 

Again, thank you CB from the very bottom of my heart.

[coolhunter]

Once you have the mortgage, close out all the credit cards. If in doubt, call Dave Ramsey.

[breeze]

Once you have the mortgage, close out all the credit cards. If in doubt, call Dave Ramsey.

 

 

Cool hunter, for starters, the post you are replying to is from 2005. Second, these threads are success stories meant to encourage folks who are just getting started, not requests for assistance. Finally, Dave Ramsey's advice is not generally distributed here unless someone discovers that they just can't learn for themselves, and need an authority figure lecturing them about their lack of responsibility in order to even function with a debit card. People who have no active credit accounts will have low credit scores. Low scores make life much more expensive than high scores.

 

Ramsey equates credit with debt. That's only true in his system from which he makes a lot of money (taking credit cards for payment, the last time I checked), exploiting people who need help. That's the problem with people in financial trouble - everyone is still trying to get money from them - if they can't pay they can't get the help.

[up&climbing]

Once you have the mortgage, close out all the credit cards. If in doubt, call Dave Ramsey.

 

 

Cool hunter, for starters, the post you are replying to is from 2005. Second, these threads are success stories meant to encourage folks who are just getting started, not requests for assistance. Finally, Dave Ramsey's advice is not generally distributed here unless someone discovers that they just can't learn for themselves, and need an authority figure lecturing them about their lack of responsibility in order to even function with a debit card. People who have no active credit accounts will have low credit scores. Low scores make life much more expensive than high scores.

 

Ramsey equates credit with debt. That's only true in his system from which he makes a lot of money (taking credit cards for payment, the last time I checked), exploiting people who need help. That's the problem with people in financial trouble - everyone is still trying to get money from them - if they can't pay they can't get the help.

 

+1

 

Having low scores also affects your insurance rates and your ability to do just about anything. The rate hike in your insurance could be higher than any interest you would pay in a given a year. If you stay around here on this board you will learn that building your credit doesn't mean that you go in debt. You use it responsibly for example by not utilizing more than 10% of your CL. You can still have your cake and eat it to by having an awesome credit score AND be debt free.

[Marya]

I am so glad to read this! I've just joined CB and my current credit is so awful...when I read what you were facing just a year ago, it is giving me LOTS of hope. Thank you!

[gqueen]

I'm so excited, I prayed and asked God to guide and me in becoming a First time Homebuyer. The Almighty has already started the pathway for me.

 

I believe joining CB, I'm already on my path of recovering my credit score to an upward mobility and taking responsibility in managing my finances..

[sweekley1]

Well I am starting mine and it is frustrating b/c I am currently waiting on my Discharge letter so I can get me a car. I have been without a car for a year due to being sick and I lost my car after surgery which led me too to file Bankruptcy. I think it will be discharged within 30/40 days and was denied for a car on yesterday, sad part was I applied and it hurt my score from 530 now 470:( I am so glad for you and pray that my credit will be a copy of yours.

[VictoriaKCH]

Congratulations. It's such an inspiration to see the success stories here, gives me hope that I will be one myself one day. Thanks for sharing your story.

[Ginnysaved32]

This is the type of success story I desire to be able to tell within the next year. Thank you for sharing and caring enough about your credit to do something about it. I am just a little bit more motivated, as I am determined to get my credit in great standing. Congratulations again.

[riverside]

Is the OP still around?

Edited August 27, 2016 by riverside

[nurseemmie]

Is the OP still around?

Ditto. That's what I wanted to know. I'd love an update. I love these success stories.

[Needtofixmylife30]

That is wonderful! 🙂

[breeze]

Sorry, the OP has not been here since August 2011. He started here in 2005, so that was a pretty long stint, probably stuck around helping people. One of the great things about CB is that people get their lives back, so they often stick around helping people, then as the people they helped become helpers, they gradually spend more time actually living their offline lives.

 

Something similar occurs in business credit - people who are successful are often away running their businesses. many of them pay it forward for a while, then move on to more successes.

[Kat58]

That is wonderful!

 

Welcome to CB!