90g60

Correct. Private, not federal.

FWIW, my DW was in a similar situation and we recently settled a $13K SM/Navient loan for around $3K. Navient was updating her file with 90 day lates on each CRA every month. Upon settlement, Navient updated the loan with the CRA's to a $0 balance with the comment, "settled account for less than full amount", after two months or so. Her credit scores for each CRA went up between 10-15 points after the update. Thanks for the reply! Did you settle with Navient directly? If so, how did you get them to a settlement? I've never gotten responses from letters, and never had them budge even a little over the phone.

Thanks. Can an admin move this for me if it in the wrong subforum?

Background: I really screwed up after college with one of my student loans through Sallie Mae. The loan payments were due and I was unemployed. I'm sure you can figure out what happened next. The loan has been in default for over 7 years. I've continued to make payments on it and sent letters in attempt to bring it out of default status with no success. This is by far the biggest mistake of my credit life (or probably even my actual life). It has haunted me since the first missed payment. I have gotten letters here and there from random collectors for years. Even though I still make payments to Navient directly. Yesterday I received one from Progressive Financial with a settlement of about 1/4 of the balance. My question is; should I accept the settlement while I can in attempt to end the suffering? Will this even show paid on the SallieMae/Navient tradeline? It seems a little too good to be true. If I can pay this and the loan will show paid on my report through Navient I can live with another 7 years. At least knowing that it won't continue to report each month will help me sleep at night.

I was following the other thread about getting luv and then a bump @ 5 months with credit steps. 5th statement came and no change. The CLI I got from the button was much bigger than I would have thought, so I haven't said anything. Maybe one of these days I will call to see if I can get another small bump.

Holy crap! Thanks for posting this. I also have a QS card and attempted an increase from my intial 2k limit shortly after opening. My credit steps will be complete in a few weeks, but I tried to get some luv anyways. Hit the button and instantly approved for 8k! Nothing spectacular to most, but my highest limit card since starting the repair journey. Fingers crossed that I see another bump when the statement hits.

It's a hard pull for the app though correct? I just went on a spree earlier this month. Have 6 fresh inquiries, think it's time to garden.

Thanks for posting. I realized I hadn't requested through an Amazon account. Luv button gave me $1200, and chat bumped be to $3500. Almost tempted to app walmart, but I never shop there so it would be an almost worthless store card.

Quicksilver has the larger annual, but offers 1.5% cash back. If you plan to use the card regularly, I would go with the Quicksilver. If you don't do any applying, at least call to get out of that crazy high annual.

2nd PM request. No love?

I'd like a PM. Not sure if I'm in without more info. This forum has become one of my new lurking grounds, and I'd like to learn more.

Which venture card is it, or both of them? I just got a Quicksilver a few weeks back. Wouldn't mind having the venture as well.

Bump

So taking the advice from other CB users, yesterday I opened a checking/savings account with a local CU (Kemba). I also signed up for a secured loan I the amount of $1500 for 12 months. My question is whether paying it off early will help/hurt my score. I've had the account less than 24 hours, and made my first months payment and then some. I have a feeling I'm not going to be able to wait the full 12 months before paying it off. I guess it is making me feel like a debt hanging over my head that I just want to knock out since its not that much. The banker explained that paying it off earlier than 6 months into the loan will end up with a $50 fee. Is it worth it to pay it off quickly, or should I just forget about it until the six months is up? If it were to help I would probably just pay it off in the next month or so.

Wow, I'm a little disappointed now. I called Friday after having my secured card for over a year, they told me they weren't doing any increases or moving any cards to unsecured right now. Never missed a payment, always PIF.