05TunedbBX

Yea. Except my family has no spare funds. So gifts are out of the question.

So my wife and I are looking to purchase our first home. Problem is, the area we live in is on the expensive side (1900 SqFt Townhouse is ~$330k), but we are finding some really nice places. Catch is, we don't have anything worthwhile in savings. Our <1000 sqft 2Bd 2Ba apt is $1500 a month, but since we are trying to buy a house, we switched to month to month at $1750 a month. So I am not a fan of pouring $18000 - $21000 down the drain in rent like we are now. We are comfortably paying down our wedding debts, but not enough is left over each month for anything substantial in savings. Between my 2 401k accounts and my save $25 a week account, I have about $21k stashed. But I can only borrow half that in loans against the 401k which I would rather not do. We tried doing the NFCU 0% down mortgage last summer, but I got declined, so I have been working on fixing that. But I would rather go FHA. I looked at USDA, but the entire area I live in is ineligible. So what I am trying to figure out, is, is there banks or mortgage companies that do loans to cover the down payment, since everything changed in 2008? Or any other suggestions?

I called about a 90 day late that was showing on my report from 2010, and only a 90 day late... no 60, no 30, the data just was not there.... Talked to "R" and he gave me the usual, due to the FCRA speech. I said, years ago they had done it and I have had other companies do it in the past also and he said that things changed in 2008 etc etc. So yea.. no love from the EO for me.

So I pulled my EQ FICO 04/05/13 - 648 Only 3 accounts have negative indicators on them. Kay - 1x 30 day late (I missed a payment in Aug 2012 by accident) BOA - 2x 30 day late (May 2010, Feb 2010) Toyota Financial - 11x 30 day lates (Jan 2008, Oct 2007, Sep 2007 being the latest) Supprisingly, myFICO is reporting that my 90 day from Capital One (July 2010) and 60 day (March 2010) from Sears are not negatively affecting me.

Does anyone know how to get Bill Me Later to update thier requested information? I attempted to purchase something from Tire Rack and was given an email of why I couldn't. We're sorry that we were unable to authorize your recent attempt(s) to use Bill Me Later®. Your purchase caused you to exceed the Credit Line on your account and we are unable to approve an increase at this time. The information you provided in your application did not score a sufficient number of points for approval of the application for the following reasons: The proportion of balances to credit limits is too high on bank revolving or other revolving accounts in your credit file. The number of accounts with delinquency in your credit file is too high. The length of time accounts in your credit file have been established is too short. The time since delinquency in your credit file is too recent or unknown. Your credit score: 625 Date: 01/22/2013 So they used a soft pull from January, before I started credit repairing to deny my application. So I am trying to see if there is a way for them to update with another soft pull.

Yea no love from them. "R" called me and said FCRA blah blah, can't go back and change a report blah blah... I pointed out that Capital one and other companies have given me goodwill adjustments in the past and he said that well since 2008, the laws changed etc etc... Next course of action?

jonson, No I just mean the loan guy I got from a nearby area did not seem to care much. He was hard to reach, took 2 weeks after I submitted the app and after I called the main number before I heard from them. They declined me after a bit and I didn't even get a phone call, just a letter about adverse action. Letter did not even say declined, just said adverse action.

So far I have managed to fix via Goodwill/Dispute letters : HSBC/Sony 30D-30D-30D-60D / 01-10 - 04-10 (Only reports negs to TU) (TL DELETED) Orchard Bank 30D-60D / 10-06 - 11-06 (Only reports negs to EX) (TL UPDATED NO LATES) The others not so much. Ikea, Capital One and Sears are next in my sights.

e-mail fired off to r**k at capitalone dot com. Let's see what happens.

I sent a goodwill letter and did not reference any late dates. The idea was not to give them too much information. Then sent a letter back and said there had not been any lates in the past year. This late is from 2.5 years ago, but there is no data before that date so July 10 is the 90 day and earliest reporting date is July 10

So my credit report shows (1) 90 day late for Capital One for July 2010. There is no other data past that date. The date opened shows as 03/2003 and the date reported since is 07/2010. I recently sent them a goodwill request with no dates attached. They sent back a letter saying they could no do a good will adjustment since there were no lates between 03/2012 and 02/2013. So the question is, do I send back another goodwill letter stating the date in question is 07/2010 and open up a can of worms for whatever 60 days and 30 days that might have dropped off to reappear? Or do I try to file a dispute with the CRA for incorrect reporting? Thoughts?

When I tried applying for a mortgage back in July, the loan officer was very non-existant. This was with NFCU. They sent me a request for documentation, and I want to clean this up before I try again. PERSONAL INFORMATION: 1. The following are certain items that require a written explanation to the lender. Please send your explanation to your lender to ensure prompt processing of your loan. BKAMR/GLELSI 09/2008 06/2012 TYPE OF LOAN: EDUCATIONAL / STUDENT LOAN OPEN; CURRENT ACCOUNT/WAS DELINQUENT 90 DAYS PAST DUE DATE TWO TIMES; STUDENT LOAN PAYMENT DEFERRED; STUDENT LOAN Explanation_____________________________________________________________________ CAP ONE 03/2003 06/2012 TYPE OF LOAN: CREDIT CARD / CHARGE ACCOUNT OPEN; CURRENT ACCOUNT/WAS DELINQUENT 90 DAYS PAST DUE DATE; CONSUMER DISPUTES THIS ACCOUNT INFORMATION; CREDIT CARD; ACCOUNT INFORMATION DISPUTED BY CONSUMER Explanation_____________________________________________________________________ BK OF AMER 06/2008 06/2012 TYPE OF LOAN: SECURED CREDIT CARD - REVOLVING TERMS OPEN; CURRENT ACCOUNT/WAS 30 DAYS PAST DUE DATE TWO TIMES; SECURED CREDIT CARD; AMT IN HIGH CREDIT IS CREDIT LIMIT Explanation_____________________________________________________________________ GECRB/IKEA 08/2008 06/2012 TYPE OF LOAN: CREDIT CARD / CHARGE ACCOUNT CURRENT ACCOUNT/WAS 30 DAYS PAST DUE DATE; PAID; CREDIT CARD; ACCOUNT PAID; CLOSED Explanation_____________________________________________________________________ HSBC BANK 04/2004 TYPE OF LOAN: CREDIT CARD / CHARGE ACCOUNT CURRENT ACCOUNT/WAS DELINQUENT 60 DAYS PAST DUE DATE; PAID; ACCOUNT CLOSED AT CONSUMER'S REQUEST; ACCOUNT PAID; ACCOUNT CLOSED BY CONSUMER; ACCOUNT CLOSED AT CONSUMER'S REQUEST, DISPUTED Explanation_____________________________________________________________________ HSBC/SONY TYPE OF LOAN: CHARGE ACCOUNT DISPUTE RESOLVED-CUSTOMER DISAGREES; CURRENT ACCOUNT/WAS DELINQUENT 60 DAYS PAST DUE DATE; PAID; CONSUMER DISPUTES AFTER RESOLUTION; ACCOUNT PAID; DISPUTE FOLLOWING RESOLUTION Explanation_____________________________________________________________________ SEARS/CBNA YPE OF LOAN: CHARGE ACCOUNT OPEN; CURRENT ACCOUNT/WAS DELINQUENT 60 DAYS PAST DUE DATE; CONSUMER DISPUTES THIS ACCOUNT INFORMATION; CHARGE; ACCOUNT INFORMATION DISPUTED BY CONSUMER; ACCT INFO DISPUTED MEETS FCRA Explanation_____________________________________________________________________ TOYOTA MTR 06/2004 08/2010 TYPE OF LOAN: AUTO DISPUTE RESOLVED-CUSTOMER DISAGREES; PAID; CURRENT ACCOUNT/WAS 30 DAYS PAST DUE DATE SIX TIMES OR MORE; CONSUMER DISPUTES AFTER RESOLUTION; ACCOUNT PAID; DISPUTE FOLLOWING RESOLUTION Explanation_____________________________________________________________________ Please explain any inquiries listed below. (An Inquiry indicates a credit grantor has obtained a copy of your credit report.) Explain the purpose of this inquiry and if a new account was opened as a result of this inquiry. EMS 07/07/2012 B ECIS-01 444ZB03373 Explanation_____________________________________________________________________ EMS 07/07/2012 C ECIS-01 444ZB03373 Explanation_____________________________________________________________________ EQUIFAX MORTGAGE SER 07/07/2012 B XPN-01 1976785 Explanation_____________________________________________________________________ EQUIFAX MORTGAGE SER 07/07/2012 C XPN-01 1976785 Explanation_____________________________________________________________________ NAVY FEDERAL CREDIT 07/07/2012 B TU -01 Z 00008281 Explanation_____________________________________________________________________ NAVY FEDERAL CREDIT 07/07/2012 C TU -01 Z 00008281 Explanation_____________________________________________________________________ STERLING 05/21/2012 B XPN-01 2302820 Explanation_____________________________________________________________________ CHASE BANK 03/20/2012 C ECIS-01 458ON07296 Exp So I went an triaged my reports and have this wonderful spreadsheet that I cannot paste into the webpage, so I tried to put the same info here. It is kinda amusing to me that NFCU actually questioned why I have an inquiry for a mortgage application when they are the ones processing it. Any suggestions on how I should proceed would be greatly appreicated. GECRB/IKEA 30D / 01-10 (Only reports neg to TU) HSBC/Sony 30D-30D-30D-60D / 01-10 - 04-10 (Only reports negs to TU) Orchard Bank 30D-60D / 10-06 - 11-06 (Only reports negs to EX) CAP1 90D / 07-10 (Reports to all three) BOA 30D - 30D / 02-10 , 05-10 (Reports to all three) Sears/Citi 30D-60D / 02-10 - 03-10 (Reports to all three) Kay 30D / 08-12 (reports to all three) Toyota Financial 11x 30 days past due as of Jan 2008, May 2007 to Oct 2007, Jan 2007, Dec 2006, Oct 2006, Sep 2006 (Reports to all three) Inquiries EQUIFAX MORTGAGE SERVICE - TU/EX/EQ - 07/07/2012 NAVY FCU - EQ - 03/17/2012 & 2/1/2012 NAVY FEDERAL CREDIT UNION - EQ - 2/2/2012 & 10/10/2011 PENTAGON FCU - EQ - 1/30/2012 Sterling ( Reason: Unspecified ) - EX - 5/21/2012

I am getting ready to start sending out requests for verfication (that's the right one right?) for a few credit cards that have 1 or 2 late payments. One of the cards that is not in use anymore is my Ikea card. They screwed me over on that one. Issued card for $500 then sent out a letter saying.. Just Kidding, you only get $100. I think I can buy a futon for $100. Anyway... Ikea dropped the partnership with GE so I understood it to be they would stop use of the cards. Yet on my credit report, I still show IKEA as an open and active TL. The last report date was 01/29/2013. At least ... on TU it was (as TrueCredit shows) TU also shows 1 30 day late. From 11/09/12 pull Date Paid: 09/17/2010 Date Closed: 05/09/2011 Date Updated: 10/29/2012 >Maximum Delinquency of 30 days in 01/2010< I looked on my EQ Online Dispute from 11/12 and notice that it notes: Activity Description: Paid and Closed Date Closed: 05/2011 Date of First Delinquency: N/A EX notes something similar: Status: Paid,Closed/Never late. Status Details: This account is scheduled to continue on record until May 2021. This item was updated from our processing of your dispute in Aug 2012. Last Reported:05/2011 So the question is, what should I do about Ikea and TransUnion?

Bumping this to find out what ever became of it.

Just pulled my TrueCredit FAKO and myFICO for TU.... FAKO: 686 FICO : 625 What a difference between the two. Over 50 points!