I've been following CB for the past couple of months quietly lurking and learning. Reading success stories, The Newbie information, PyschDocs & Flow Charts I finally dare to ask for help. I went through a very rough stage in my life where I couldn't even make minimum payments. But that's the past; I'm now trying to rebuild/ remove the baddies and clean my report up for an auto-loan. Below are the steps I have taken and any relevant information I think you guys/gals might need.
Current FICO scores :*(
EQ: 549 Pulled w/ CCT
TU: 542 Pulled w/ CCT
EX: 516 Pulled w/ CCT
Hard Copy from AnnualCreditReport.com also
I Have a Savings & Checking account with NFCU, I'm using them for my main Checking Account. Waiting for SL Rehab to finish to see if my score increases before applying for NFCU CC or CLOC.
- Opted out with CRA
- Lowered my Credit Utilization
- Pulled Hard Copy Reports from 3 CRAs
Currently, I have 16 Baddies on my report including 4 charge-offs
12 US Department of Education Student Loans: Defaulted/ Charged-off
All 12 Enrolled in Loan Rehab
After Rehab I have read, they will all be "removed, " and 1 loan will show with the new lender.
American Honda Finance Auto Loan: Repossion/ Charge-off
Comments: Charged-off not showing repossession on any of the accounts
Contact: No Contact
American Express CC: Charge-off
Contacted Via Mail: In-house AMEX w/ settlement or Optima Card Offer
Chase Freedom CC: Charge-off
Contacted Via Mail: MRS BPO w/ settlement offer
Verizon Wireless Cellphone: Charge-Off
Contacted Via Mail: National Recovery w/ settlement offer
CAP 1 CC: Closed
Discover IT CC: Open
I have some money stashed away to PIF on 1 of the Charged-off CC accounts, but I want it removed from my credit report. My goal is to get a chase sapphire one day, so I don't want to settle with chase and have that bite me later. I would like all Charge-offs removed, and I don't mind paying for them as long as they're removed. I have read PFD don't usually work so; Please help with any advice and suggestions.