10 replies to this topic

[90g60]

First off thanks to CB for all the useful information I've spent the better part of the last 48 hours reading. My goal is to get into the 650's with all three agencies by the end of the year (might be impossible).
I've joined USAA's CCMP and plan to use it to track improvements.
My first question is after I attempt to have old addresses removed, can I jump straight into sending DV's to any baddie on my report?
I guess my fear is that with a few of the negatives on the report, I could wait a few years for the seven year mark and they should drop off. I don't want to send a DV and "restart the clock". Also SOL doesn't matter if I am only sending a DV correct?
Looks like there are 4 negative TLs, and 1 judgement that have put me down at 589. The judgement obviously isnt going anywhere (sad thing is I never knew I had a judgement against me until my wages were garnished).
I also had a SallieMae student loan go into default a few years back. My credit report shows it as charged off. After it went into default I resumed payments, and have been paying for two years. It still shows as charged off. Am I better off not paying and waiting it out? It hasn't been sold to a CA as far as I know.
Finally, it looks like a CA sold one of my debts to another CA. They are both listed on the report, but one shows the amount as $0. What is the best course of action to have it removed? Didn't make sense to ask them to prove that I owe them $0.
Thanks for any and all information. Even if it's a link to another thread I missed while searching I appreciate it!

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[insandiego]

DV does not "restart your clock". Making a partial payment might. On the other hand, you have 30 days after finding out about derogatory info on your CR to DV (or rather you have special rights during this 30 day period).

(I am not a lawyer, and this is not legal advice - I could very well be wrong).

[90g60]

Thanks for the info SanDiego. Bump for other helpful posts to answering my questions.

[mendelssohn]

What state do you live in and what is the SOL? I would start by disputing anything out of SOL.

[90g60]

1341803330[/url]' post='4711385']
What state do you live in and what is the SOL? I would start by disputing anything out of SOL.

Ohio; if I read it correctly SOL is either 6 or 15 years since it was for a cc. There are two negatives for the same debt. First one is HSBC for $0, the second appears to be a CA who purchased the debt from HSBC (I'm assuming). I can't login to see the report right now due to the 48 hour wait fom USAA to provide specifics.

[tazytiggy]

If you just signed up with USAA for the credit monitoring you can pull your report now, just go back to this page : https://www.usaa.com...edit monitoring pick Sign me up. It will ask you to sign in and enter your SS# should be able to pull your report at that point. That will work until USAA adds the link in your accounts section.

Edited by tazytiggy, 09 July 2012 - 02:00 AM.

[90g60]

TT
Anyone else have any words of wisdom?

[90g60]

Another question to add to my first post.
How do you "opt out"? I feel like that's a stupid question, but everything I have read tells me to opt out. Nowhere do I see links or talk about how one would actually perform opting out.

[phillipjr]

If your student loans are federal loans (as opposed to private) you can try to rehab them. Do a search here for rehab sallie mae.

To opt out I think you can use the following number. (Got it from the FTC website)

"The national credit bureaus offer a toll-free number that enables consumers to opt-out of all pre-approved credit offers with just one phone call. Call 1-888-5-OPTOUT (1-888-567-8688) for more information."

[90g60]

Loans are private. I have 4 total. One got away from me, and now shows charged off.
Thanks for the number, I'll call tomorrow.

Edited by 90g60, 09 July 2012 - 10:28 PM.