wandjust

If your parents will add you to one of their cards, and you are 100% confident they will always maintain a good standing on it, that would probably help a lot. And get one or two other accounts, always pay on time, and maintain less than 30% utilization. Time is your friend. As your accounts age, it will help your scores quite a bit.

I also got a Firestone card just the other day ($1200) I have no use for it other than rebuilding my credit after a bankruptcy 1 yr ago. I wouldn't let them touch my car for any reason whatsoever, except maybe a new windshield wiper.

I recently applied for a Chase account online, I funded it with my other checking account. They withdrew the money from my other account, sent me a debit card, then right after sent me a letter they were closing my account because of Early Warning Systems? It took over a month to get my money back from them that was my initial deposit. I guess I have to get a report from EWS, I can't imagine why there would be anything on there.

I have ING Direct and today I had a GRRRRRR!!!!!!!! moment with them. It was I guess my fault, but I am still peeved. I accidentally scheduled a bill payment for two days early, before my direct deposit hit. Well, ING doesn't charge overdraft fees, they simply will deny the transaction or take it out of your overdraft line of credit. So I thought ok, not too bad of a problem. Well, I got a call today saying an ACH transaction tried to clear and I didn't have enough funds, and this is my final warning, if it happens again in 60 days they will close my account. What?! When did I ever get a previous warning? Talk about rude and offensive. I tried to talk with someone about it, and they told me to send a message to the customer care team, or something like that, thru their website, and someone would reply in 24 hours. Nice. Thank you ING!

APPROVING BANK Prestige Financial BUREAU PULLED Transunion CREDIT SCORE 566 CUSTOMER STATE OF RESIDENCE Colorado NEW/USED Used YEAR OF VEHICLE 2007 MILEAGE 63000 RETAIL/LEASE Retail AMOUNT OF LOAN $22000 (including extended warranty for 3 yrs) ADVANCE PERCENTAGE TERM CONTRACTED 72 APR/LEASE RATE 17.9 MONTHLY PAYMENT $512 MISCELLANEOUS COMMENTARY: Bk discharged a month ago, have only been employed 2 weeks. High interest rate, but didn’t have to put any money down, and was surprised anyone would finance me in this condition.

I somehow signed up for it, and it seems to show my credit scores as being much higher than they actually are. I do think the info it proves otherwise is great considering it's free, but I guess you get what you pay for and have to take it with a grain of salt.

I used them, they did work, but very slowly. If you're not in a hurry, they will probably bring you success, but if you get impatient, you can have success on your own as well.

Your Age? 40 Your Equifax Credit Score? 463 Your Experian Credit Score? 522 Your TransUnion Credit Score? 579 How many years have you been on file with Equifax? 11 (not sure why they say 11) How many years have you been on file with Experian? 21 How many years have you been on file with TransUnion? 20 YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY Do you have an open auto loan? Yes – IIB and agreed to surrender, bankruptcy was discharged, but hasn't been surrendered yet – Santander gave me the option to decide by June 8 to keep making payments and keep the car but I want to give it back as I am very much upside down Will this open auto loan be a trade-in? No How many late pays within the last 12 months on the currently open loan? 0 How many late pays within the last 13-24 months on the currently open loan? 0 Your current open auto loan is financed with? Santander Your current open auto loan payment is? $462 Estimated amount you may be upside down in this vehicle? 5,000 Rate your payment history on this open auto loan from 1-10 (1=poor:10=Best) 10 YOUR REVOLVING CREDIT HISTORY Total number of revolving account(s) you have? 1 Total percentage utilized overall? 50% How many of your revolving accounts are store cards? 0 How many of your revolving accounts are major credit cards? (i.e. Amex, MC, Visa) 1 How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) 1 – Orchard Bank $300cl / $150 bal YOUR PERSONAL INFORMATION How long at your current residence? 9 months Do you Rent or have a Mortgage, or Live w/Relative or Other? Rent Your Monthly Rent or Mortgage payment? $885 How long have you held your current job? 2 years Your total provable monthly gross income is? $6933 Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return) computerized paycheck stub Is there additional monthly income? What amount monthly? No Describe the source. Is the additional monthly income provable? 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.) $4,000 Does any credit repository contain any Public Record? Yes If yes, please very briefly describe. Bankruptcy – discharged May 2012 Does any credit repository contain any Collection Account(s)? If yes, please very briefly describe. - Yes, several that were 5+ years old, and three that were in the last 2 years – all discharged in BK Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) 4 Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) 9 Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best) 3 New or Used vehicle you are considering: Please very briefly describe. 03 Mercedes ML350, 101k mi, $9900

Based upon my own personal experience (I have bought 32 cars), if you need to finance a car, then: 1) have provable income / job 2) have a down payment 3) be prepared to pay a high interest rate if you don't have good credit I have never not been able to get a car loan no matter how bad my credit sucked. The question is, do you want to waste all your money on ridiculous interest. You will need to put money down, probably at least $2,000 - you can actually buy a car for that amount. Not a fancy one, but a car that will run. And you can continue to save to buy a better car after that, and/or save up a down payment for a newer car. FYI - I filed BK and about a month after it was discharged, I bought a brand new car financed by Ford Motor Credit at a fairly low interest rate - don't know how, but it happened. I picked out a car on the showroom floor, and two hours later I was driving it home.

Just wondering why you don't pay the debt, since you owe the money. It may sound simplistic, but if you occured the debt, and you owe the money, do you feel like you should pay it?

When considering a collection agency is bad, is it because they are trying to collect because you owe them money, or is because they are trying to collect when you don't owe them money.

I love this forum, but I noticed that when reading through the foums, there is so much advice, speculation, and opinion based upon alleged experience. Nothing but factual information really helps those that need help, in these cirumastances. So I am suggesting that people only respond when they know what that have to say is factually accurate, and substantiated by law/statute. Just guessing or speculating really does not help those who need assistance.

I filed mine on the 24th, it was accepted on the 25th, and I already received my refund in my bank on 2/1. It was pretty quick.

Oh yeah, sorry for forgetting the rest. So they told me to contact EWS to get a letter that everything was all cleared up, so they could activate the debit card. In the mean time, they closed the account immediately. I assume they will return the initial deposit to me. So yes, it was easy to open an account, but it was closed quickly...