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Thanks to all who've contributed to this site! The wealth of information has buried me for a few months now, and I've only begun my own process. I have read the PsychDoc transcripts and Jen23514's "Credit 101 Index," along with countless posts and threads on this site. Now that I'm acquainted, I'm more than overwhelmed, and I'd like to ask for a little help from those with experience. Background: I took on credit cards in college, and after graduating I tried to bury my head instead of dealing with the creditors. Now I've found myself with some negatives I'd like to remove far before the SOL. My positives and open accounts are firmly under control, and I'm not in debt. I'm also upping my credit lines on each open card to keep bumping up my score. Also, I currently live and have always lived in Texas for the life of my credit history. I'm not sure if the state laws will determine any specific course of action, but if you believe so please share your input! What I've Done: - Pulled all 3 reports (separately) - Triaged per PsychDoc's transcript - Removed all old addresses from EQ & TU, and I've removed all except 2 old addresses from EX - I am working on the 2 EX addresses per nysbadmk8's "MASTER" plan (sounds promising) Once my personal information is updated, I will attempt to delete my negative TL's and pay down credit. Here's my current situation: Credit Reports: Experian BANK OF AMERICA (Status: Open) - 30 day late 01/2010 CAP1/BSTBY (Status: Closed, $____ written off) - DOFD 10/2010 - Charged off in Oct. 2011 - "Purchased by another lender." COMENITY BANK/BUCKLE (Status: Closed on 08/13) - 30 day late 01/2010 - 30 day late 08/2010 Medical Collection (Status: Paid, Closed) - I paid this when they called before I knew anything about the Unintended Consequences. - WhyChat's method, correct? CITIBANK (Status: Paid in settlement. $____ written off.) - Closed 02/2012 - CO 10/2011 - I had not learned about credit repair or CreditBoards before I paid on this outstanding balance - "This account is scheduled to continue on record until Jan 2018) Transunion BANK OF AMERICA (Status: Current) - 30 day late 12/2009 CAPITAL ONE/BEST BUY (Status: Charged Off) - DOFD 10/2010 - Closed 11/28/2010 - "Purchased by another lender; Transferred to another office." COMENITY BANK/BUCKLE (Status: Current) - 30 day late 01/2010 - 30 day late 08/2010 - Closed 8/26/2013 Medical Collection (Status: Paid in full, Collection) - I paid this when they called before I knew anything about the Unintended Consequences. - WhyChat's method, correct? ZALE/CBNA (Status: Account Paid In Full; was a Charge-off) - Closed 12/18/2009 - CO 10/2011 - I had not learned about credit repair or CreditBoards before I paid on this outstanding balance - Remarks: Settled Equifax BANK OF AMERICA (Status: Pays as agreed) - 30 day late 12/2009 CAPITAL ONE/BEST B (Status: Charge-off) - DOFD 02/2011 - Closed _______ - "Transfer/Sold" COMENITY BANK/THE BUCKLE (Status: Pays as agrees) - 30 day late 02/2010 - 30 day late 09/2010 - "Account closed by grantor" Medical Collection - DOFD: 05/2010 - I paid this when they called before I knew anything about the Unintended Consequences. - WhyChat's method, correct? ZALE/CBNA (Status: Charge-off) - DOFD: 04/2011 - Closed ______ - CO 10/2011 - "Account paid for less than full balance, charge off account" - I had not learned about credit repair or CreditBoards before I paid on this outstanding balance - Remarks: Settled ++++++++++++++++++++++++++++++++++++++++++++++ My initial plan is to send GW letters to BOA and Comenity Bank/Buckle. - Should GW only be handled through the mail, or is it worth a shot to call them? Could there be harm in calling? Possible success? - Should I start with GW, or should I automatically DV? Then, I plan to Validate/Verify the CAPITAL ONE/BEST BUY, CITIBANK, and ZALE/CBNA. - I should go to the OC's on this, correct? Or should I start with the CRA's? - Any specific tips for these entities? - Any specific advice for dealing with a CO account? Any hope? - Any specific advice for a CO & Settled account? Any hope? Lastly, I'll handle the Medical Collection on the Medical Board. Thanks in advance to any and all comments offering help and advice! This is a daunting task, but I'm looking forward to success! -Griz
Hi all, My first post after doing about a week's worth of research. I recently pulled my CR for the first time in 7-8 years. I've had my head in the sand, a hear no evil/se no evil kind of approach. But, that doesn't make it go away, being responsible and being addicted to this board does. I have multiple accounts that are in collections, settled, old, etc. It's a mess. I've just had almost all of the old addresses/numbers removed from my 3 CRs though, a good first step. I'm taking one account at a time, atleast till I get my learning curve rounded out. I'd be very appreciative if anyone could help me with the best plan of action with this first account? It's a Verizon. Facts: -Opened 02/12. -Settled it 05/13 for like 75%, so I could reopen service. -reporting to all 3. -Was never reported late 30,60,120. Basically I'd just like to get the paid acct off my CR. Ive read about sending a DV letter. Any thoughts? And srry for such a newbie question but I'm learning.
Hello CBers! Hoping you can shed some light on this for me. Back in October of 2009 (before I ever heard of CB) I settled a cc w/ BofA for $884. The account reports as 'Closed' and 'Settled for less than full balance' AND 120 days past due. Can they report it as 120 days late until it falls off or is that something I can dispute? Thanks for any help you can provide.