Jump to content



Read These Items!

  • Check out our Credit Card Finder. - Affiliate Page -
  • If you're getting an Authentication mismatch error: Clear your cache. Log out of CB. Delete your cookie. Close your browser. Open your browser and log back in.
  • AOL users: In order to post you will need to use Internet Explorer 7.0 (or higher) or Firefox 2.0 (or higher). You cannot utilize all features of this board using the AOL browser.

Photo

Another newb with questions...


  • Please log in to reply
10 replies to this topic

#1 90g60

90g60
  • Members
  • 15 posts

Posted 08 July 2012 - 06:50 PM

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!

#2 CB Owners

CB Owners
  • Mod Squad
  • 13,071 posts

Posted 08 July 2012 - 06:52 PM

Welcome to CreditBoards! We hope that you find what you're looking for here.

Some helpful tips:

  • Your post may not get a reply right away. Don't be discouraged, this is a very busy board. If it falls off of the first page, feel free
    to reply to your post yourself, with the word *bump* in the text. This will *bump* your post back up to the top of the board.
  • If you haven't yet, take a peek at out Newbies Section.
    Everything that you need to know is in that forum, for the most part! It's a lot of reading, we know, but this credit stuff can have a steep learning curve. In no time, you'll be posting like the pros!
  • If you find that someone is discourteous to you, use the REPORT button at the bottom of every post - that will ensure that a moderator or admin looks at the post and decides if it is against the TOS.
  • Off -topic posts should go in the General Forum.

Again, welcome to the CreditBoards family!

CB Admin: LKH, Pam, radi8, breeze
CB Mods: CargoJon, Chris in OK, cotterpin, CramItCCCAs, Fallon, MarvBear, CtSoxFan, pryan67, psp, Stryker, TrevorHere
Forum Leads: brazen, Brian B The Loan Professor, cedski, DallasLoanGuy, hoapres, ICANHASMUNY?, Lighthouse84, Linx04, TeeSharice

#3 insandiego

insandiego
  • Members
  • 214 posts

Posted 08 July 2012 - 07:14 PM

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).

#4 90g60

90g60
  • Members
  • 15 posts

Posted 08 July 2012 - 09:05 PM

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

#5 mendelssohn

mendelssohn
  • Members
  • 395 posts

Posted 08 July 2012 - 10:08 PM

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

#6 90g60

90g60
  • Members
  • 15 posts

Posted 08 July 2012 - 10:27 PM

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.

#7 tazytiggy

tazytiggy
  • Members
  • 508 posts

Posted 09 July 2012 - 01:59 AM

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.


#8 90g60

90g60
  • Members
  • 15 posts

Posted 09 July 2012 - 06:05 PM

TT
Anyone else have any words of wisdom?

#9 90g60

90g60
  • Members
  • 15 posts

Posted 09 July 2012 - 08:45 PM

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.


#10 phillipjr

phillipjr
  • Members
  • 50 posts

Posted 09 July 2012 - 10:18 PM

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."

#11 90g60

90g60
  • Members
  • 15 posts

Posted 09 July 2012 - 10:28 PM

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.





0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users


© Copyright 2003 - 2013 Creditboards.com. All rights reserved. No portion of this site may be reproduced without explicit permission from the owners. The content of creditboards.com is subject solely to the personal whim of its admins. We reserve the right, at our sole discretion, to remove any and all posts or comments, at any time, for any reason which takes our entirely capricious fancy, or for no particular reason whatsoever, without restriction. Comments or questions regarding the site may be addressed to admin@creditboards.com.