threesacrowd

MarvBear, I was approved for the 61k loan! When I signed the paper work, they disclosed my score at 679. The bank that approved my loan was Audi Financial Services. I submitted two pay-stubs and that was it. Very painless. All I put down was a 1000 dollars. It was zero down, but I wanted to cover some initial cost. My interest rate was awesome (2.7%), that was the promotion that my Audi dealership had. I will refinance to the 1.9 with my CU later on, but the .7 difference will not break the bank. Lastly, I decided not to trade my vehicle, the amount they wanted to give me was really low and in the end, after they made some calls and doubled their offer. I did not take their offer but they were pretty aggressive to get my trade in. I was baffled on why they doubled their offer and kept explaining the benefits of trading, i.e. tax savings etc. Why the push, if you don't mind me asking? Thanks for looking at my initial post and giving me the confidence to continue the process at the dealership!

Your Age? 30 Your Equifax Credit Score? 656 (usaa credit) Your Experian Credit Score? 654 (usaa) Your TransUnion Credit Score? 671 (myfico) 684 (walmart fico) How many years have you been on file with Equifax? 10 How many years have you been on file with Experian? 10 How many years have you been on file with TransUnion? 10 YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY Do you have an open auto loan? No Will this open auto loan be a trade-in? n/a How many late pays within the last 12 months on the currently open loan? n/a How many late pays within the last 13-24 months on the currently open loan? n/a Your current open auto loan is financed with? n/a Your current open auto loan payment is? n/a Estimated amount you may be upside down in this vehicle? n/a Rate your payment history on this open auto loan from 1-10 (1=poor:10=Best) When it was open, 8 (Paid off in January 12 and had one late in October of 2011-no late with in that 12 months. 3 total 30 days late in the 60 months.) YOUR REVOLVING CREDIT HISTORY Total number of revolving account(s) you have? 10 Total percentage utilized overall? 11% How many of your revolving accounts are store cards?2 How many of your revolving accounts are major credit cards? (i.e. Amex, MC, Visa) 8 How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) None YOUR PERSONAL INFORMATION How long at your current residence? 2 yrs Do you Rent or have a Mortgage, or Live w/Relative or Other? Rent Your Monthly Rent or Mortgage payment? 1184 How long have you held your current job? 7 years 9 months Your total provable monthly gross income is? 8666.00 Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return) Computerized Pay-stub and/or tax return Is there additional monthly income? What amount monthly? n/a Describe the source. Is the additional monthly income provable? n/a Spousal income is not applicable. YOUR DOWNPAYMENT Please tell me your exact down payment in cash? (rebates and trade equity are not considered, please input a dollar value only.) $3000 Does any credit repository contain any Public Record? No If yes, please very briefly describe. n/a Does any credit repository contain any Collection Account(s)? No If yes, please very briefly describe. Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) 8 Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) 8 Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best) 8 New or Used vehicle you are considering: Please very briefly describe. New 2012 Audi A6- 61k minus 8k trade in and 3k cash. Hoping for a 4 or less apr, if approved. Thank you for looking at this, Marvbear!

First, thanks to the Forum, I have removed 17 baddies from each of my three credit reports. REPO's, Credit Cards, Installment loans, and CA's from electric companies to Medical obligations, have come off because I have followed the advice from you all. I began my Journey on January 9, 2012 with a EQ score of 489, TU, 511, and EX 506 (first credit pull was from EC, TU, and USAA) and as of today, I am now sitting in the mid 600's. I have gone from 1500 dollars of revolving secured credit cards to 40k in unsecured credit. No fancy tricks and I didn't pay anyone-except the post office, NFCU Visa Signature $25,000 USAA Mastercard $9500 Barclay's Apple Visa $2600 (approved for $1300 and recon'd for $2600 zero interest 12 months!) Discover More $1000 (I am happy because I just signed up for the 5% off on gas/entertainment for the rest of the month. I didn't know credit cards did this!!!!) Firestone $1200 Capital One $1000 (Secured) NFCU Rewards $500 (Secured) Having said that, I am almost done and I need your help on the following below. I will list the accounts and then at the bottom I will notate what I have done. Please advice at your convenience. Again, I can not thank you enough. Just think, three months ago I had no chance of holding the cards that I have in my wallet. Just grateful... Please take a bow WHYCHAT (repo's and medical CA's all gone), and JACK1212 (JACKATTACK- can't say enough) Advice to others- if you are diligent, patient, and willing to take a blow once or twice (in my case three times), you will have the results that I have experienced. Remember, It is okay to fail (it happens-be ready to accept it) but it's not okay to quit. Pick those teeth off the ground and head back to the drawing board for another round. Name: ENHANCED RECOVERY COMPANY Date Reported: 02/2012 Date Assigned: 01/2011 Creditor Name: DISH NETWORK Acct. Number: XXXXXXXX Acct. Owner: Individual Account Orig. Amount: $1,178 DOFD: 10/2008 Balance Date: 02/2012 Balance Owned: $1,178 Last Pymt Date: Status Date: 02/2012 Status: D - Unpaid Name: CONN CREDIT CORP Acct #: XXXXXXXX Credit Limit: $0 Date Reported: 02/2012 Date Opened: 09/2006 Balance: $1,268 Past Due: $1,268 Acct Status: CHARGE-OFF Acct Owner: Individual Account Type of Acct. Installment Date of Last Payment: 09/2007 Scheduled Payment Amount: $53 Date Major Delinquency First Reported: 05/2008 Charge Off Amount: $1,268 Date Closed: Type of Loan: Secured DOFD: 10/2007 Comments: Name: NAVY ARMY COMMUNITY Acct #: XXXXXXXX Credit Limit: $0 Date Reported: 02/2012 Date Opened: 10/2005 Balance: $1,645 Past Due: $1,645 Current Status: CHARGE-OFF Type of Account: Installment Credit Limit: $0 Terms Duration: 18 Months Terms Freq: Monthly Date Opened: 10/2005 Date Last Pymt: 05/2007 Date Major Delinquency First Reported: 06/2007 Charge Off Amt: $1,645 DOFD: 09/2006 Name: HSBC BANK Acct #: XXXXXXXXXXXXX Credit Limit: $ 500 Date Reported: 02/2012 Date Opened: 08/2005 Balance: $0 Past Due: $0 Acct Status: CHARGE-OFF High Credit: $900 Type of Account: Revolving Credit Limit: $500 Date Opened: 08/2005 Balance: $0 Date Reported: 02/2012 Amount Past Due: $0 Date of Last Payment: 07/2006 Scheduled Payment Amount: $0 Date of Last Activity: N/A Date Major Delinquency First Reported: 02/2007 Creditor Classification: Charge Off Amount: $0 Deferred Payment Start Date: Balloon Payment Amount: $0 Balloon Payment Date: Date Closed: Type of Loan: Credit Card Date of First Delinquency: 08/2006 Comments: Name: WEBBANK Account Number: XXXXXXXXXXXXXXXX Credit Limit: $300 Current Status: CHARGE-OFF Account Owner: Individual Account. High Credit: $0 Type of Account Revolving Terms Duration: Terms Frequency: Monthly (due every month) Date Opened: 03/2006 Balance: $0 Date Reported: 03/2012 Amount Past Due $0 Date of Last Payment: 07/2006 Actual Payment Amount: $0 Scheduled Payment Amount: $23 Date Major Delinquency First Reported: 03/2007 Months Reviewed: 69 Activity Description: Transfer/Sold Charge Off Amount: $601 Date Closed: DOFD 07/2006 Comments: Name: MIDLAND FUNDING LLC Acct #: XXXXXXXXX Credit Limit: $0 Date Reported: 02/2012 Date Opened: 11/2008 Balance: $1,151 Past Due: $1,151 Acct Status: Current Status: Account Owner: Individual Account. High Credit: $901 Type of Account: Open Credit Limit: $0 Terms Duration: Terms Frequency: Date Reported: 02/2012 Date of Last Payment: Date Major Delinquency First Reported: 01/2009 Months Reviewed: 36 Charge Off Amount: $0 Date Closed: Type of Loan: Factoring Company Account (debt buyer) DOFD: 08/2006 Comments: This is what I have done on the accounts above. Enhanced Recovery: They just popped up on my reports at the end of Feb. I have Texas DV these clowns. Their 30 days are up on 4/2/2012 and are under the 60 day notice to cure if they don't respond. Conn's: I sent each CRA the itemized concerns and they came back verified. To be honest, it looks right. I sent a request to Conns for a PFD total balance (it was a nice letter) and I was shot down, twice. Navy Army: I followed the exact same step as I did Conns but I only sent one request for PFD with Collections Director-he said no to the full amount. Both Mentioned integrity of the credit system. BLAH... HSBC: I sent the CRA a list of concerns and they updated the info as they have sent this account to Midland. Midland: I have DV these guys three times and they have many, many, Texas violations and they are currently being reported to the BBB (response pending) and on the 60 right to cure. Web: I sent the CRA a list of concerns and they updated with what you see above. I want these guys gone too. Your help is appreciated.

I am not a lawyer so IMO, I believe you are correct. As long as one party member knows that the call is being recorded then you are fine (you don't have to advice the calls being recorded-applies to TEXAS). It is my understanding that a call being recorded by a third party will not hold up in a court of law. For example, your significant other is listening and recording the conversation without you or the other party's permission would be difficult to use in court. Hypothetically speaking, say the OC sues you because you are within SOL and they file in their jurisdiction, you will have to play by their state rules unless you sue first and file in Texas. I am too tired to look up case law, but take a look, its pretty interesting. The general statement that "this call is being recorded" is used as an umbrella disclaimer to satisfy different state requirements. Best of luck and I will look for case law tonight for you or cheat and call my buddy who's an attorney (that seems faster.) I'll PM you for tips on Enhanced Recovery and how you got rid of those tools.

As far as I could see there was no copy of the OC account data, no proof of ANY kind that they have any of the required information and certainly no documentation of an existing business relationship between them and the OC. How old is this account?? These account are less than two years old, and I am prepared to pay them. Do you have ANY independant verification that any of these bills are valid?? Yes, I have EOMB's, but they do not match up to the amount that they are asking for (it's less than the total on my EOMB) For instance, copies of original bills from the OC?? I do not have any copies of the original bills from the OC, but I can call and get them. If I am able to make the connection between the CA and the OC, can I submit a settlement amount and still have the OC recall the debt from the CA? You may have had all this on your original post, if you had one, this is why we ask folks to keep ALL their follow ups in the same thread. WC, This is my first post about this topic. In the future if I have a follow up I will be sure to update in the same thread. I have responded in red to your questions, thanks for helping me.

Below, you will see the steps that I've taken during the WhyChat Process. My question is about the letter I received from the collection agency. Does this letter satisfy as a documented current relationship between the Health Care Provider and the Reporting CA? For you to review the document, I have redacted all personal information. I will tell you that the CA had listed the 5 accounts in question, total amount due, and the name of the Hospital that reported the debt to the CA. Final question question, since I have this info from the CA, can i complete the last step which is to send the Letter to the Health Care Provider. Steps that I've take: 1. Removed all previous addresses from each CRA. 2. Sent each CRA a Handwritten Pre HIPPA Medical Dispute Letter. 2a. Each CRA responded to my request. TU and EQ verified and Experian removed 2 of the 5 accounts. 3. Sent a DV letter to Collection Agency that is reporting the 5 accounts 3a. Received Response, see attached letter 4. Sent a CMRR Follow up letter to the CRA, no response as of yet. 5. PENDING FINAL STEP, LETTER TO HEALTH CARE PROVIDER Letter I had a hard time trying to add the jpg, here is the photobucket link in case it does not appear. I hope this is not a violation and if it is, I am sorry for it. Please remove and advise on how to add a photo. Thanks.

CD-INTERSECTIONS 1/13/2012 (1) CREDITEXPERT 1-866-673-0140 01/14/12, 01/13/12, 01/12/12 (3) EQUIFAX INFO SVCS. 2 01/13/12, 01/13/12 (2) Equifax Consumer Services 01/14/12, 01/13/12, 01/12/12, 01/11/12 (4) ND-Equifax Consumer Services1/13/2012 (1) INTERSECTIONS 1/13/2012 (1) ND-CHOICEPOINT1/13/2012 (1) TRUELINK 1/11/2012 (1) Total 14 This is my first attempt at counting my B*, will you let me know if my total number's right? Thanks!

Greeting... Having sent my validation request to the CA's, I am ready for part two of the punch-CRA Verification. I have searched high and low for a letter that will go to the CRA (not too tough and not too soft) to begin the dispute/verification process. However, I am coming up short of the right one. I understand that there are no perfect letters, so please take a look and tell me what you think (this one was linked from whychats page and I've changed a few words.) Thanks for your feedback to the below and your recommended letters-if any. Feel free to PM me if you need to. Date: Your Name Your Address City, State Zip Credit Bureau Bureau Address City, State Zip Certified Mail: Dear Credit Bureau, This letter is a formal complaint that you are reporting inaccurate credit information. I am very concerned that you have included the below information in my credit profile due to its damaging effects on my credit standing. Credit reporting laws ensure that bureaus report only accurate credit information be placed in my file. No doubt the inclusion of this inaccurate information is a mistake on your or the reporting creditor's part. Therefore, I am requesting that the accounts below be verified and, upon review, deleted from my credit report as soon as possible. CREDITOR AGENCY, acct. 123-34567-ABC Regards, Your Signature Your Name SSN# 123-45-6789

Thanks for your feedback, Jaybee! Currently, I have a 1000 cl with Capital One (15 month old secure/unsecure acc.) 500cl with NFCU secure visa card (on the way) an installment account with NFCU (just started yesterday) and lastly, the Zync Amex. I will get to B*. Again, thanks for the advice. That depends, I would suggest getting some starter cards and let them age for 6 months - that's a good time for B*. Now, I don't know your FICO scores, but if you sent out 9 DV's I'm going to assume your scores are probably pretty low, around the mid 500 range (key word is assume). If that is the case, I would probably get 2 secured cards to start with (Cap1, Orchard bank, etc). After the hard inqs from those cards show up, I would begin B*. Oh, I would also freeze EX before I apply for anything.

Welcome my fellow NEWBIES! Just like you, I am brand new to posting to the forum. As you navigate through the site, you will quickly realize that there is so much information. After my first day of reading, I wanted to go bonkers. In a short time, I became addicted to reading and learning about my rights as a borrower and the obligations that a lender or CA must be held to. If you have yet to figure out, the process of correcting your credit past can be frustrating and rewarding (wait, you will see...) I never felt so empowered until the day I dropped off my initial letters to the CA. As a heads up, make sure you get plenty of post in the forum so that you may have access to the veterans profile! I've been reading for two weeks now and you will learn quickly that some of the Vets are very knowledgeable. The only problem is that certain concepts that the vets will cover may go over your head. Don't let that discourage you, continue to read along until you find what you are looking for. Good luck to you all and get ready for hours of staring at the computer-forgetting to blink. One last thing, if you guys come across some awesome self explanatory steps, please come back and post. For example, I read a 225 pg post on the concept of Bumping and in the end I still can not grasp it. I wish there was a conversation that simplified it like the hypothetical I've put in quotations. "if you want to work on Bumping (B*) Inquiries on your EQ report without the risk of being added to the Chopping (C*) list, sign up for Product A and run once a day. If you want to work on B* and reach the your goal of in less time (buying a car in 45 days, home loan, etc) sign up for product A, B, and C. Keep in mind that you risk getting C*. The three recommendations for running your credit report have been tested and they will work and not overlap each other etc etc etc- repeat steps for TU." As newbies, all of that information can be found, but it is never that easy, you must pull from all of your resources and eventually you will get it. DV is the easiest concept, start there. And don't forget me when you understand B* until then, I will request six soft credit reports from every site and their momma, haha. Now close the window you've just opened when you saw the term bumping and wanted to find out what it meant and get to reading. Wish you all the best! Laters. P.S. Side effects of this site- You may experience the following:Obsessive need for credit knowledgeInitial Remorse of your past doings-if you only had the knowledge from this site (it's not suicidal remorse)TV is no longer important and your TiVo is backed up...You wonder if the Jack Attack is an actual weapon you can buy or a hero in a Cape.At work you tell a Co-worker, "Don't make me 1-2 punch you!" Their response, "Huh?!"And last, but not least, going to the www.usps.com website is one of the highlights in your day.

Forgive my ignorance, how do you PM Qwery4? I am still in the probation mode and want the information, can I still PM him (or her)?

At what stage of the credit clean up process should you worry about Bumpage? Since I am just beginning, I feel like I should take it one at at a time. What are you thoughts? BTW, I spent a hundred dollars at the post office mailing my DV's to CA's (9 dv's and 6 to the CRA's)! I never imagined that I would need to spend that amount of money at the Post Office. I am sure it is worth every penny, right?