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fedtrouble

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Everything posted by fedtrouble

  1. Thanks for your feedback - Reason I'm asking is because I currently have three open installment loans. One car I have in my own name.. which I purchased June of this year.. the secured loan.. and a auto loan I cosigned on in Feb of 2007 which will be closing shortly.. The last one, the one I cosigned for it has never been late and is my oldest account. I'm trying to keep a good mix of accounts and decent credit score.. so I can refi my car and get a mortgage... I'd also like to take that 3K and get a secured card with it.. because my highest limit CL is $500 and that just isn't cutting it on my personal report.. So anymore feedback would be appreciated!
  2. Decided I wanted to build my credit history a little more.. so in September I went and got a secured loan through Fifth Third for 3K. It's terms are 24months.. What are the positives/negatives if I pay it off in say six months? Thanks
  3. My dad was with First Union which turned to Wachovia then Wells.. and when I bought the restaurant I was talking to him about all the stuff.. and he called his best friend who works at wachovia and is a senior vp of some credit department and three days later it was in my mail box.. this is the same guy that got my dad a 100K signature loan in about two hours.. its not my dad's account and i'm not an AU.. it's my card..
  4. I just recently obtained a Hooters Card with a $500 CL. If I'm spending $450 a week and sending payment through my bank's electronic bill pay.. how long do you think it will take for them to up my CL. I'm hoping to get at least $2000. Thanks!
  5. My boyfriend and I want to purchase a condo together... Do any mortgages let a homosexual couple obtain a loan together? Thanks
  6. I have a police report in which the investigation reveals that several items are not mine and the result of identity theft. Will the Bureaus remove these items now?
  7. I have the ability to PIF but I'm trying to "build" my payment history with Jared's. Which is what I carry my balance on. I would like to see my 2.2K CL increase to 5K at the 1 year mark, and 10k soon after. I like to collect Rolexs.. lol.. my weakness.. :-)
  8. I know I received a letter from a CA and they told me that if I paid the debt through them that as long as I paid it, it would not be reported. They did this in writing.
  9. Thanks for the info. My overall utilization when all my cards show up and report should be at 31%. I have gotten the Orchard Bank Utilization down to 0%, My BBRZMC is at 0%. My Jareds card is at 59%. I'll be using my Hooters MC to shop at Restaurant Depot only and will PIF as soon as I charge it. And I will PIF my Chevron Texaco Business MC. My combined limits are only $4,296. Mainly because my Business Wells Fargo card doesn't report to my personal account, 15K CL, nor does my AMEX with a 5.4K CL. If those reported I'd be in alot better standing than I am now. So will I see a score jump when the cards reach 6 months, 1 year and 2 years? Thanks! I would think you'd see a bit of a score jump, but nothing is certain in Fico World . Just a mistake I made at the beginning of credit building journey--I paid off everything every month and never showed a balance on a card. That's not good either. Make certain you show a balance on each card at least once every few months so that Fico doesn't look at it as "inactive" and not use it to calculate your score. Credit issuers will want to see a history of you using credit and paying on time. Just mind your utilization with any balances reporting. Utilization is about one-third of your credit score. And don't panic--if you show higher utilization one month and your score takes a ding, just bring it back in line the next month and you'll see those points come back. And those score of mine--they're temporary. Some irresistable offer will come my way (or two or three offers) and I'll just HAVE TO app. Right now I'm trying to behave. Yeah that is my problem.. I saw my score jump and thought I'd take that time it jumped to see if I could get approved for any more products... seems like I was somewhat successful. :-| Thanks for the feedback
  10. I copied and pasted one of them below. It is a collection agency (ACEI) for 4 medical collections. I only copied and pasted one but that is what it looks like. Does anyone have any idea why most of the information is "Not Reported?" Collection on debt to: Not Reported The collection agency "491yc00000" was hired to collect a debt of $326 originally owed to "Not Reported" on account number "XXXXXXX0320". Collection agency [?]491yc00000Original balance [?]$326Current balance [?]$0Status [?]PaidDate assigned [?]Sep 01, 2009Date reported [?]Oct 01, 2010Date last active [?]Apr 01, 2009Date paid [?]Not ReportedDate closed [?]Not ReportedOriginal lender [?]Not ReportedAccount number [?]XXXXXXX0320Type of account [?]Not ReportedAccount holder [?]IndividualType of credit [?]Not ReportedPayment status [?]Not ReportedLargest past balance [?]Not ReportedAmount past due [?]Not ReportedAccount descriptions [?]Not Reported I had this on one of myfico reports... and I pull from Equifax daily and it was never on my Equifax backdoor pull or when I pulled daily.. Subsequently, it disappeared from myfico report.
  11. When I did my disputes I went down the line.. Balance is incorrect. Date opened is incorrect. Date Closed is incorrect. Type of account is incorrect. Date of first deliquency is incorrect. Term is incorrect. Responsibilty is incorrect. Bad Debt King is probably right.. I think luck has been on my side alot lately.
  12. Thanks for the info. My overall utilization when all my cards show up and report should be at 31%. I have gotten the Orchard Bank Utilization down to 0%, My BBRZMC is at 0%. My Jareds card is at 59%. I'll be using my Hooters MC to shop at Restaurant Depot only and will PIF as soon as I charge it. And I will PIF my Chevron Texaco Business MC. My combined limits are only $4,296. Mainly because my Business Wells Fargo card doesn't report to my personal account, 15K CL, nor does my AMEX with a 5.4K CL. If those reported I'd be in alot better standing than I am now. So will I see a score jump when the cards reach 6 months, 1 year and 2 years? Thanks!
  13. I have used the Jack Attack for accounts where I knew there wasn't anything wrong, and they have been successfully removed. I believe its a hit or miss thing. :-) Good luck!
  14. Over the past couple months I've been cleaning up my credit. In February I got an Unsecured Orchard Card with a Limit of $300. In June I got a new car through Wells Fargo. In August I got a Jareds card. In September I got a secured loan. In October I got a BBRZMC. In November I got a Hooters card and a Chevron Texaco Business Mastercard with a PG. Recently been denied by a few CC companies for High Utilization and New Accounts. Just wondering when the majority of places stop considering an account "new." Thanks!
  15. Thanks! I'm going to try and pay through their site.. and if doesn't work .. I'll push it from my bill pay!! Much Appreciated!
  16. I want my balance to reflect -0- on my credit report. Orchard says "Payment due $0". Currently my balance is at -22. (Yes negative -22) but my pending transactions are $198. My available credit limit is 101. So do I pay the $198. My statement cuts the 25th. Seems to report to Equifax on the 1st, Experian 2nd and TransUnion 3rd of every month. THANKS!
  17. Ugh.. Your reply displeases me.. thanks for the honesty! :-)
  18. Opened a Savings Account last night with penfed. Told I was "pre-approved" for $6,500 CC when I went to apply. Today called in to get my PIN, went through the verification, asked if I wanted a checking, said yes.. After about 30 mins on the phone was told checking was opened and I was approved for a $500 Thrifty Credit OD Protection.. Wondering if this is a good sign on my CC approval? Score 689.. and 4 Inquiries.. Thanks!
  19. I asked this question in the business fourm and never recevied a response. I recently applied for the Chevron/Texaco gas card using my business information, but also put in my SSN. Does any know if this Business card reports on my personal credit report. Sorry.. just didn't get a reply on the business site.
  20. Administrative Office of The United States Courts.. Misc. Debts.. Hum..
  21. I had disputed all the addresses first.. and then I did the jack attack method.. and said everything that I could report as wrong with the collection.. Like I said it worked on one, but didn't work on the other two.. yet.. it could go like my past disputes with Experian and get deleted over the next several days.. but if not I'm going to try again.. I will not give up till the reports are clean!
  22. I sucessfully cleaned my Equifax report including the inquiries by simple, polite, CMRRR letters.. Saw my score jump from 627 to 683. Had over 40 inquiries disappear, 4 collections and a bankruptcy.. vanish! I cleaned up my TransUnion, with the exception of the bankruptcy... Just recently a Derog Account from US Treasury Popped up.. funny thing is that it is listed on Equifax as a positive account... I'm disputing this one as we speak! Wish me luck! But I used Jack's Method with some collections on Experian and Had one successfully removed. These were IIB'ed.. and they were from Absolute Collection.. I'm going to send another letter again this week to see if I can clear the other two up, along with the Bankruptcy. I saw my Experian FAKO jump 34 point! But I know that means little.. I saw my TransUnion FAKO go down 34 points.. only to pull myfico TransUnion Score to see it go down 64 points..
  23. I do not owe back taxes.. and I didn't receive any federal help.. so I can't imagine what it is..
  24. In October a Dept of the Treasury starting reporting on Equifax and it reported as a good account, but no payment history. It reported as closed, and it just increased the average age of accounts. I pulled my TransUnion and this account appeared, negatively. My fico went from 645 to 587. What is the best way to deal with this account? I need it off my report. I don't even know what it is for.. Dept Of The Treasury Status as of Oct, 2010Date opened Jul, 2006Date of last activity Not ReportedDate paid out Not ReportedDate closed Oct, 2010Account number XXX0191Loan type Government Fee for ServicesCredit limit Not ReportedLargest past balance $2,146Terms Not ReportedAccount Type Open AccountAccount holder Individual AccountScheduled payment amount Not Reported
  25. fedtrouble

    nsf checks

    He wrote bad checks to himself (well, his business) ... that is check kiting, and correct me if I am wrong is VERY illegal. A closed account could be the least of his worries. Check kiting is illegal in most countries. In the United States, the banking industry is heavily regulated and even insured by the U.S. government. According to the United States Department of Justice, check kiting can be prosecuted under several existing laws including those against bank fraud (18 U.S.C. § 1344), misapplication (18 U.S.C. § 656), or required entries (18 U.S.C. § 1005). It can draw a fine of up to $1,000,000.00, imprisonment for up to 30 years, or both, and many first-time offenders with no criminal background have received stiff sentences. In addition to the federal remedies, state law often provides for alternate civil and criminal consequences. Just wanted to clarify what you wrote... For the United States Attorney to Prosecute a individual for Misapplication 18 U.S.C. 656 the individual would have to be a bank employee. For the United States Attorney to Procesute a individual for Required Entries 18 U.S.C. 1005 the individual would have to be a bank employee. The United States Attorney in order to prosecute must go by the United States Attorney's Manual. They may Prosecute for this, but seeing its such a minimal amount they won't. Bank Fraud.. is what they would prosecute this individual for. And the sentences for bank fraud are governed by USSG 2B1.1. And loss amount for this, along with the base offense level the majority of individuals would only see a probationary sentence. Use me for an example, I was prosecuted for a check kiting scheme which the loss amount involved more than 2 million but less than 7million and I received a 24 month sentence.

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