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srloring13

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  1. srloring13

    I Don't Know Where To Start...

    Don't close any cards until your UT is less than 5%. You don't want your score to go even lower if you have a high utilization. Calculate your UT assuming you are closing the card with the highest fees. How old are the accounts? It's best to have at least 5 major credit card excluding store cards for FICO purposes. Sent from my SM-N950U using Tapatalk
  2. srloring13

    Rebuilding Credit - Advice Please

    If you paid DirecTV directly then the collection company should remove their entry from your credit report. Have you tried disputing the collection and/or requesting DirecTV recall the collection/account from the collection company. Sent from my SM-N950U using Tapatalk
  3. srloring13

    Accounts considered new time frame?

    Time. You have to be patient, let your accounts age, and stagger your applications/new accounts to avoid a huge drop in your AAOA. Sent from my SM-N950U using Tapatalk
  4. srloring13

    Did my first dispute...results not clear

    To understand what changed you need to look at the payment history on the account before and after the dispute. I don't know why you disputed the late if you were indeed late on the payments. You should have tried a goodwill removal request with the original creditor and/or early exclusion of the negative information for the ones that happened in 2011 with the credit bureaus. Sent from my SM-N950U using Tapatalk
  5. srloring13

    Paying in Full while Accumulating 30 Day Lates

    Letting your accounts go past due 30-90 past due will cause your credit score to significantly drop, may trigger a default APR which would make your minimum payments even more higher, late fees added to the account, potential for going over the credit limit and incurring over limit fees, a count closures, and scare your other creditors into lowering your credit limits and/or closing your accounts. This action will have some serious repercussions and unless you are going to declare BK I would advise against it. You should sit down and put together a budget. Minimize whatever expenses you can. Reach out to your creditors and see if they have a temporary program to help you while you figure out your finances. Some will allow a modification prior to being late and some may not allow anything until you are late. Can you consolidate any of your balances into fewer cards? Sent from my SM-N950U using Tapatalk
  6. srloring13

    Which dispute method has been more successful for you?

    The 4 year only applies to the time they can bring suit. All negative items report for 7 years from the DOFD. You have until at least 2020 before anything can be deleted/removed early. At this point you can try other suggestions but it's too early to have the original tradelines deleted. Sent from my SM-N950U using Tapatalk
  7. srloring13

    Which dispute method has been more successful for you?

    What state are you in, the DOFD, and scheduled removal date for each of the items you are trying to remove or have deleted? Transunion is usually 6 months early, Experian 3-4 months early, Equifax is 1 month but YMMV. Sent from my SM-N950U using Tapatalk
  8. srloring13

    Moving forward

    Let your current cards age and request CLI regularly (once every 6 months). You don't need another installment loan. But that's up to you. Tackle the medical collections now. Search for Why Chats method for medical collections. You should be able to get those off your reports as long as you follow the steps. There is also a medical forum you can post to to get more specific advice related to the medical collections. Sent from my SM-N950U using Tapatalk
  9. srloring13

    Best procedure for paying accounts in collection?

    Also what state are you in and what is the DOFD for each account in collections? If you are within the SOL you may not want to poke a sleeping bear. What are you future plans? If plans to purchase a home are close you definitely need to take care of the collections. If not, you have some time to figure out how to tackle the collections whether its pay or let them age off. If any of the accounts in collections are recent, have you tried paying the OC? Sent from my SM-N950U using Tapatalk
  10. srloring13

    Best procedure for paying accounts in collection?

    I would negotiate a settlement with a deletion or removal if possible. If they don't accept, attempt a pay in full with a deletion or removal. If they wont delete, settle the account and have them notate the account paid in full. Whatever is agreed, get it in writing prior to payment. Another thing to try is to pay the original creditor and ask them if they can recall the account from the collection company prior to paying.
  11. OP, what is the DOFD on the Capital One accounts? Once you have the funds to pay in full or settle, I would recommend trying to pay the Original Creditor first especially if they can recall the debt/collection from the collection company. Some companies can do this. I would try with the Comcast and Capital One accounts in addition to following Why Chats method on the medical accounts. If you do get an offer for settlement, make sure you get it in writing and try to negotiate a pay for delete/removal at the same time. If its settled for less than the full amount, try to negotiate for a paid in full if they wont remove it. Make sure you keep copies of the settlements and payments made.
  12. Do you have a cable or satellite bill? Gas or electric bill? Home phone bill? Sent from my SM-N950U using Tapatalk
  13. If you are looking for a second credit card account try the secured card with Navy Federal. You already have 2 positive loan accounts. Right now you need at least 3 credit cards for your rebuild process. Do you bank with any other institution? If so, find out if they have secured credit cards. Also ask if they graduate. Also look for other secured cards that graduate. Sent from my SM-N950U using Tapatalk
  14. srloring13

    I Don't Know Where To Start...

    I don't think it would hurt to order full copies of your Lexis Nexis files as well. Are you a member of a credit union? If not, do some research on some that offer lower rate auto loans. I was able to refinance my auto loan at 4.99% with a 654 Equifax FICO at DCU in 2016. Something to keep in mind when your scores improve and reduce the amount of interest paid on the auto loans. Sent from my SM-N950U using Tapatalk
  15. srloring13

    How do I get over the fear of not being approved for credit?

    If a creditor tells you no, another could tell you yes. All the no is at this time they don't want to extend credit. You can always reapply at any time. Just make sure you are applying for products that will be beneficial to you based on your spending patterns. Make sure you request a CLI on your current accounts at least once every 6 months. Some store cards allow you to request every four months. Sent from my SM-N950U using Tapatalk

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