oreothemountaindog

I had several negatives that were due to drop off in February and March of 2014 so I went ahead and disputed them as obsolete. Most were deleted, but I had a charge off that I settled several years ago with a DOFD of March 2007. My report even says "This account is scheduled to continue on record until March 2014." After the dispute, the payment history has now updated to a red charge off notation in October and September of 2013 with a black CLS notation for November. Are they trying to re-age? How do I respond to this? I haven't pulled my score yet, but I'm assuming this affected it.

That price seems very high for only 10 acres. General Ag land in rural areas varies, but given that the value of the manufactured home is probably not much due to it's age, you would be looking at paying close to 10k an acre. I would check with your county ag extension office and find what general ag use land is going for per acre. If the property doesn't appraise for the contract price, you are pretty much sol. That may be why the previous deal's financing fell through. Are there any comprable properties nearby that have sold for 150k? I would do some research into the actual land value before pursuing anything.

Raw land loans are nearly impossible to get. 30 to 50% down and essentially you need to have the liquid assets to purchase outright. As I was told, the only way you get a raw land loan is if you don't really need a raw land loan. Our banker told us back when mortgages were easy, a lot of people bought raw land for hunting and recreating and it was the first thing they walked away from when they couldn't make the payments. Even acreage with a house will require a substantial downpayment. We are about to close on a house and significant acreage (150 acres+) and had to have 20% down cash for the whole property. Another bank told us 25% and a third bank said 30%. Your interest rate will be much higher than going mortgage rates. We heard anywhere from 7 to 8% for raw and are closing at just above 5% for our deal. If this is truly your dream, be patient. It took us over three years to find the property we really wanted. But this has been our shared goal and dream for 15 years. Be talking to your bank the whole time. Be saving your down payment the whole time.

I have a few disputes pending with TU. I sent one in that was recieved on August 2nd. I then sent another dispute for a completely different and unrelated account on August 9th. I got a letter from them yesterday stating that they get 15 extra days on the August 2nd dispute because of additional information that I sent them on the 9th. The two accounts I am disputing are two totally separate and unrelated entities. There is no common factor to either of them. How the heck can they say they get extra time?

I emailed three GW letters about 2 weeks ago. One worked almost immediately, one said we will review your account and get back to you, and the last one has not responded at all. This was the one that I thought would be the easiest...just a few late payments while I was moving and mail wasn't getting forwarded properly. But I haven't heard anything at all! How long do you wait before trying again and would anyone suggest trying another form of contact like calling?

Well, I know for a fact that the Equifax is for real because it is the FICO off my myfico score watch. My experian accounts are essentially identical to my equifax. Since I still have some GW letters pending, I'm hoping that whatever points I get from those will be enough on the midscore for EX. My transunion is a nightmare in a variety of ways. I consolidated student loans in 2005 and they never updated them to a zero balance. So I disputed them to show as paid and they deleted them all, essentially dropping my AAOA by about 7 years. I have a paid collection which only shows on TU and is apparently reporting as open so every month it shows a late payment (I just figured out it was doing this and am disputing it) TU is also the only CRA which does not show my current mortgage, which has a positive payment history. Not seing the report makes it difficult to say if you should or shouldnt start the app process. Even though your score may be fine based off of the middle score the reality is all three bureaus are looked at - if there is anything on that low score bureau that sticks out as an issue it will still need to be dealt with. If you disputed it sounds like TU did what it was supposed to do - they sent the notice to the reporting agency and they likely didnt respond so they deleted - they cant make corrections for them...... If there is nothing on TU that is a red flag you should be fine to apply - get rid of an disputes prior to moving forward B Thanks so much! Could you tell me what would be considered a red flag?

I have been doing a ton of reading due to a dispute I am preparing. When I read the metro 2 guidelines, they say they are compliant with the FCRA and FDCPA. But when you go back to the FCRA and FDCPA, they don't address many of the problems and issues that metro 2 creates with proper reporting and disputing. Is the CDIA just interpreting for their convienence?

It was a private student loan, not federally backed. This is actually the second private loan I have negotiated a settlement and it seems the magic percentage for settlement is 30%. I have documentation out the wazoo that this loan settled, so I'm prepared to go the distance if they try to mess with me.

Well, I know for a fact that the Equifax is for real because it is the FICO off my myfico score watch. My experian accounts are essentially identical to my equifax. Since I still have some GW letters pending, I'm hoping that whatever points I get from those will be enough on the midscore for EX. My transunion is a nightmare in a variety of ways. I consolidated student loans in 2005 and they never updated them to a zero balance. So I disputed them to show as paid and they deleted them all, essentially dropping my AAOA by about 7 years. I have a paid collection which only shows on TU and is apparently reporting as open so every month it shows a late payment (I just figured out it was doing this and am disputing it) TU is also the only CRA which does not show my current mortgage, which has a positive payment history.

So I'm finishing up my pre-mortgage credit clean up and only have a few goodwill letters that I'm waiting to hear back from and one dispute. So I pulled my scores yesterday and they are as follow: 686 EQ from Myfico. 698 EX-FAKO from Quizzle and 692 EX-FAKO from Credit Sesame and my red headed stepchild report from TU with a score of 557. My TU score has dropped 43 points since I began working on it. How TU can screw up so much is truly amazing. So since my mid score should qualify me, should I go ahead and apply as soon as I hear back from my last dispute and goodwill letters? Or will the 557 screw me up in the application process?

Yes, I have one collection which I just paid which only reports to TU. When I looked on my paper report, it does show as "open" and they appear to update monthly. I've done a few searches on the subject and I believe that the CA reporting that way is a violation? Is this grounds for a TU dispute to get the darn thing removed?

I pulled a copy of my TU myfico today to check on a few things that I have been waiting to update. In the section that states what is hurting your FICO score, it gives an indicator that states "You recently missed a payment or had a derogatory indicator reported on your report. Then in the little box, it says "your most recent late payment happened 1 month ago" Except I haven't had any late payments in over 3 years! I scoured my reports and cannot find a single account which shows a late payment since 2009. Where the heck is this one month late payment garbage coming from?

I had done a settlement on a defaulted student loan. I have been watching my reports waiting for it to update and instead of it showing a zero balance, the balance instead shows as the previous balance minus the amount I paid. Essentially, the balance was 15000, I settled for 5000, and now my balance shows 10000. I have tons of documentation from the CA for the settlement, I'm assuming the right move now is to dispute with the CRA it is showing up on?

I am attempting to contact BBVA Compass' Mortgage division to send some goodwill letters to see if they will remove some late payments. Despite my best googling, I cannot find any mortgage specific executives (it seems like they gave a bunch of their mortgage employees the title of VP). Should I go all the way to the top and send the letters to the CEO and COO? I've managed to find their contact information. Any ideas or opinions?

I should have explained it better. The mortgage is not paid off. It is our former home in Texas which we have leased. It is current and has never been paid late. It shows up as current with a balance on Experian and Equifax. For some reason, my TU report has/had approximately 30 inaccurate accounts on it. From current accounts showing as paid off to paid off accounts showing as current and every possible error in between.