RomeoX

I don't want to open a new topic just for this but Overstock wouldn't happen to be a hidden TL would it? I opened an account weeks ago and it still hasn't shown up on my reports like other Comenity cards.

My best friend has been preaching the gospel of Dave Ramsey for years, going so far as once even telling me that the best thing I could do is wash my hands of it all and walk away from my current bills. Even just a few months ago she went off on how she refuses to worship debt. So far she's been turned down for 2 mortgages and 6 times for apartment rentals in the past month for having such a low score. What little credit she had left has been marred by her "walking away from it all". I've tried to explain credit rebuilding to her, but even in the face of all of this, she'd rather rant about how she shouldn't be "judged by an arbitrary number" than change her stance on what Dave Ramsey taught her. You can lead a horse to water...

So I already have a Cap1 Platinum card with a $2,000 limit. It was an old HSBC card that started out with a $300 limit, purchased by Cap1 and eventually CLI'd to $2,000. It has a $79 annual fee! When I check the Cap1 offers site, I get two offers: Platinum card with same APR and $19/annual or Quicksilver with slightly better APR and $39/annual. Can I have two Cap1 Platinum cards? Why am I being offered a product I already have or does the system just not take that into consideration. And if that's the case, wouldn't I want the Platinum card with the better $19/annual fee? And should I not even consider the QS card? So many questions, I know. But I'm just trying to understand Capital One. Thanks!

Give them a call and reach for the stars! I can't agree more with that advice. Just last week I was looking at my paltry $450 Walmart credit limit. After reading a thread about calling and reaching for the stars, I picked up the phone and called Walmart. They asked how much I was looking for, I said $10,000 and they countered with $6,000. So from $450 to $6,000 just by picking up the phone!

I've lived at this same address for the past 15 years. It's a high rise in the city and the first floor is various businesses, small grocery mart, etc. While recently reviewing my Experian report, I noticed this printed below my Personal Information section: Is there any way to have this removed? Would it actually have any affect on my report? In the personal info section, my address is listed and identified as Apartment Complex. I just find it weird for them to add that statement to the report. I've never been denied or questioned about my address, but I still find it unsettling that it's there.

Yep, that's what I was told also - security reasons and verification. But all I kept thinking was how would they actually verify that the cell phone account is in my name? Unless they really just wanted it a secondary contact number. In that case, should I just get a Google Voice number for cases like this, or are they somehow actually verifying the mobile number belongs to me? If all they are doing is sending a text with a security code, I could've really been using anybody's cell phone.

Maybe call up the company you owe the money to, explain your inability to pay and see if there's an agreement you can work out. Surely this would be preferable than attempting to commit fraud.

So last night I go to Lowe's to fill out a credit app. I figure it's probably better to go in person than to do it online. I have several Synchrony accounts so I'm confidant that I'll be approved for something. During the application process, the cashier asks me for my cell phone number and I tell her I'd rather not put that on the application. She proceeds to run the app and tells me that it's on hold and I need to call a specific number and give them a reference number. When I got home, I gave them a call. The rep was really friendly and we chatted for a few moments. She says she needs to look over my application and see what info they need to finish processing it. I was expecting the usual bunch of security questions. Instead, she asks me if I have a cell phone (yes), and if I had it with me at the store (I told her no). She then asks me for my cell phone number and says she just needs to send me a security code to read to her. She reassures me 3 times that my cell phone number isn't going to be placed on the application or account. She sends through the code, I read it to her, she processes the app and I'm approved. Why did this all come down to them having my cell phone number? My number is private, not on any of my credit reports, accounts, and is not given out to anybody. Does Synchrony just not like having only one (home) phone number for me? Just wanted to share and see if anybody else has experienced this. Thanks!

Thanks so much for pointing me in the right direction. With such small balances I didn't think I'd have to worry about AA but I just wanted to make sure, which is why I planned on paying them down over several months.

Capital One - $500 limit (probably just pay it off) Milestone - $1000 limit Credit One - $1000 limit Barclay - $2000 limit Chase - $5000 limit (pay off at least half) ... and several store cards (Walmart, Lowes, Best Buy, clothing stores - all under $1,000) My utilization on all of these is roughly 85%.

I'm looking to purchase a new car in the next few months. My scores are roughly in the mid-600's, held down by high utilization. I have one baddie (charge off) from several years ago that will hopefully be gone by next month. So here's my question: Is there a best way to pay down or pay off cards that will not make lenders suspicious or nervous? I know that lowering my utilization will raise my scores, but will it hurt to go from paying slightly above minimum to suddenly making $200-$300/month payments? I've heard before of lenders getting nervous when you suddenly pay off half your card balance. I just want to make sure I quickly pay down my balances without sending up red flags. Thanks.

Thanks! Should I try this with the other two CRA's also or do you think it's just a fluke that TU shows it about to fall off 2 years early?

Thanks so much! I didn't realize that positive closed accounts stay for 10 years.

I have an old Monterey County Bank account showing on my credit report. It's positive, but I only had it for 6 months before it was taken over by another bank. So it only shows 6 months of payment history. The TL is listed as Transferred,closed/Never late. My question is this: The last reported date was 10/2006. Why is this even still on my reports? It's not negative, but there's no need for it to hang around, right? Should I just dispute it as obsolete?

Thanks so much! I will definitely check out the 1-2 punch and letters you suggested. The tradeline does say "transferred/sold to another lender" or "charge-off" depending on the CB. I was hoping because it hasn't been updated in a couple of years, it would be old enough to dispute and the OC wouldn't care to validate it. But at the same time, I don't want to wake a sleeping bear. One final thing I noticed just now while viewing a hard copy of my TU report. In the information section for this account is states: Estimated month and year that this item will be removed: 05/2015. I'm not sure why it says it'll fall off this year when the DOFD was in 2010 but I'll take it! I guess it'll be better to wait a few months a see if it actually falls off?