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Found 624 results

  1. I haven't been around for a while. but, actually I have, just under a different SN. dice727 is actually me. (in case you missed it, the thread is here: https://creditboards.com/forums/index.php?showtopic=567281) yes, for the many doubters, sadly everything posted in that thread is real. I posted under an alias with mom's permission because I had some pending legal issues and this account could possibly be tracked back to me. so now 18 months later, all that's been resolved, I received my Chapter 7 discharge in June and am working on rebuilding my credit. since I IIB'd pretty much every major creditor around and most of the good CUs, rebuilding is going to be an interesting process. current snapshot: FICO08s are EX 584, EQ 606, TU 573. I have no personal revolving accounts open right now. I didn't reaffirm the mortgage, so that's not open either. I do have open student loans. I am an AU on one open Ann Taylor account of my wife from 2003 with no balance and $3650 CL. I do still have some older paid/closed accounts on my report which helps my AAOA along with the student loans. going to use this thread to keep track of progress and notes. feel free to interject any advice if you think there's something I should/shouldn't do! I rebuilt many years ago from a bunch of CO accounts, but pretty much just waited until 7 years passed and everything fell off before starting to rebuild. so this is new territory for me.
  2. I had a NFCU cc of $25,xxx (25k) charged off in Dec. 2018. During my small business startup and struggles I tried my best to stay afloat. I managed to keep my NFCU auto loan ($31k, balance $5,000, never miss/late payment) and NFCU cc ( $3000 never miss/late payment) current. My Equifax lists: 12/2018 Charged off account Date of Last Payment Aug 01, 2020 (I made NO PAYMENTS or arrangements since CO. I keep little money (under $100 in my checking savings. Low and behold In August 2020 I see a 'DR Adjustment' of $1000 from my checking. After investigating I learned that a commercial account deposit I had in 2016 was credited back to me and the acct they had on file was NFCU and they snatched the grand and sent me a letter 'thanking me' for my payment of $1000. My state is NC, does this now effect my SOL? Is this legal for NFCU to take money from your checking account and update the CRA as you've made a payment when I did not initiate it? After this eye-opening moment, I did some research and it's my guess that NFCU loan terms have 'cross-collateralization' verbiage. When my NFCU auto loan is paid in full, will they send me the title or 'hold' it until the CO is paid off or settled for agreed amount? If I settle at a percentage of CO before auto loan is paid, will I get the title once auto loan is zero balance? I reached out to NFCU collections and got an offer to settle the co acct for $4000, so including the $1000 they already debited, that 20% of the charged off amount to stop the collection process. I'm assuming even with all the lawsuits NFCU has been a part of since 2016 to present, PFD is not an option on the table as a counter offer. I have the means to pay $4,000 to them within 10 days, besides my CRA showing 'paid, settled for less', how will this effect my credit and score? I know the general opinion on CB is that NFCU is GREAT and one should try to stay in their good graces, but it seems things there have changed for the downhill since 2017 and with a recent whistleblower lawsuit concerning their mortgage underwriting practices... their home loans advantage could also suffer in the near future. Personally at this stage, I'm not '$25k-in-love' with NFCU, but if you can offer reasons to sway my judgment, it will be enlightening. All in all, I'm seeking advice to get my title once the vehicle is paid off and maintaining the 'most amicable' relationship with NFCU going forward holding a single credit card, checking, and saving accts.
  3. I finally decided to attack my credit issue rather than pretend they don't exist. Here is the situation Here is my CreditKarma information... TransUnion and Equifax (both show the same items Credit Cards $0 I have a $500 secured Discover IT card that I used for YouTube TV payment and that is it. Between 10% and 30% utilization opened May 2020. My mother added me as an authorized user to her Costco Capital One card that has perfect payment history, 8 years open and a $15,000 limit. Collections $5,317 Armada Corp Total Accounts 6 (medical) Oldest age of account 2019 $3,193 Puget Sound Collections Total Accounts 2 (medical) Oldest age of account 2019 $1,814 Solverity Total Accounts 1 (medical) Oldest age of account 2019 $310 Student Loans $0 Accounts Were Garnished from my paycheck and paid Closed Accounts 4 Dept of Education/NELNET (Closed 4/2016) Dept of Education/NELNET (Closed 4/2016) US Department of Education (Closed) Opened 09/2012 US Department of Education (Closed) Opened 09/2012 I have sent debt validation letters to all three credit bureaus and this is what was verified. Where do I go from here. I was added as an authorized user to my mothers credit card (Capital One Costco) about a month ago. I hope this helps my score improve but it hasn't reported yet. I saw a 25+ point boost from my secured discover card but it hasn't helped since then. Can anyone offer some guidance as to a path for a better credit score? Thanks, BFee
  4. After many years of fruitless dithering, I've finally taken action on a realistic repair/rebuild plan. I regret not taking advantage of CB a decade ago. I had, and still have I'm sure, a brain full of popular for-the-masses (i.e. sheeple) "credit education" that's just flat w-r-o-n-g. And that's on me. I am so, so grateful to everyone here and the wealth of solid information and get-real advice. Like a kid wishing for a puppy, I'm breathless with anticipation every day, because who knows what I'll find when I pop in to CB. And this week, what did I find behind Door #1? Bob Wang. For others who missed Bob's heyday, I hope it's okay to share some notes. I'm sure I'm barely scratching the surface of Bob's contribution. Here's what I gleaned. Please chime in anywhere I didn't quite grasp it. Apologies in advance if I'm off base posting like this--still learning my way around. FWIW because CB shares content like this, I'm on the road to credit recovery! What about Bob (Wang)? Bob is a no-longer posting CBer who was a number-crunching genius extraordinaire.... and he did it for fun. FUN, I say!!!! Whaaaaaa? I don't know the backstory, but Bob took it on himself to dig into how FICO scores for varying credit profiles are affected over time by the same event - changes in late payments, AAOA, % utilization, new cc, etc. He ran innumerable "what ifs" through FICO score calculators, created graphs of the results, and freely shared the original spreadsheet with his raw data. He posted his results in the Master Graphs thread (https://creditboards.com/forums/index.php?showtopic=527614&hl=+bob%20+wang&page=1). Now things that members "knew" or "felt" or "just made sense" were validated, or proved wrong, by concrete data. Members could crunch their own personal scenarios and forecast with reasonable accuracy how their credit decisions would affect them today and for years down the road. Bob was sure to say YMMV - this isn't forecasting exact scores, just providing a reasonably reliable estimation. The data had some interesting implications, like suggesting 5 cc is the optimum number for maxing FICO scores. Not that you can't have an excellent score with 2 cards or 20 cards, just that the maximum score bump seems to happen at 5 cc. Another takeaway from moneypts (https://creditboards.com/forums/index.php?showtopic=595753&hl=%2Bbob+%2Bwang+%2Bspreadsheet&do=findComment&comment=5650631): "Take home message -- you can have an excellent FICO score with little credit card debt and little total available credit. Or an excellent FICO score with a lot of credit card debt and with a lot of total available credit. But not with a lot of debt and little total available credit." So, whatever your situation, there's a graph for that. Wish you knew how being 30 days late, 60 days late, or 90/120+ days late affects your score based on the number of cc you have (1, 2-4, or 5+ cc)? What's it look like when the late first happens? If nothing else changes, what's the picture like after 3 years? 5, 7, 10 years? Or how about: What's the effect of a late payment on a perfect profile (5 cc, pristine reports) vs the effect on someone with the same number of cards, but a not-so-perfect profile -- say, there's a 30, 60, or 90 days late payment? What if you add a PR? What if your cards are ALSO maxed out? And how does that score shift year-to-year if nothing else changes? You got it - there's a graph for that. Oooooh, geeky happy dance! Have fun! Bob's Master Graphs Thread https://creditboards.com/forums/index.php?showtopic=527614&hl=+bob%20+wang&page=1 Bob's Flickr Page not all the graphs can still be seen in the Master Graphs thread or in his spreadsheet. The images might still be on Flickr. https://www.flickr.com/photos/80421735@N00/ The credit score calculators Bob used FICO: http://www.whatsmyscore.org/estimator/ FAKO: http://www.creditcards.com/credit-score-estimator/ BTW here's the MyFico estimator. It seems to be nearly word-for-word identical to the "What's My Score" calculator; Bob didn't use it. https://www.myfico.com/fico-credit-score-estimator/estimator/ Bob's Excel spreadsheet (FICO Score Effect v7.xlsx) Per Bob, "When you change the data, the charts should update. If your personal data fall outside the fixed ranges, right-click on the axes and choose "Format Chart" and modify the axis range." I didn't see charts on every tab but I'm hoping I can re-generate them easily based on the images. I think the "chop" and "bump" tabs are no longer relevant. http://creditboards.com/forums/index.php?app=core&module=attach&section=attach&attach_id=1077 "But I don't have Excel", you say...."Microsoft is evil." Agreed, but not to worry. Save the spreadsheet to your computer anyway. Next, download the FREE Apache OpenOffice software (https://www.openoffice.org/download/index.html), and open Bob's spreadsheet from there. Wallah! BTW, when the download page asks you to specify OS and version, it means which version of OpenOffice, not which version of Windows. The most current OpenOffice version is already prepopulated for you. Just choose your operating system and boogie on. Related threads "Where can I get ahold of the FICO model?" https://creditboards.com/forums/index.php?showtopic=595753&hl=%2Bbob+%2Bwang+%2Bspreadsheet&do=findComment&comment=5650631 "Credit score calculators - to be taken seriously?" https://creditboards.com/forums/index.php?showtopic=590162&hl=%2Bcredit+%2Bcalculators&do=findComment&comment=5621334 "Bob Wang's content" https://creditboards...ivity&mid=39394 "The Master Spreadsheet Spread Sheet" https://creditboards...c=499459&page=6 "The Master Higher Limits Begets Higher Limits" thread https://creditboards...opic=509099&hl=
  5. I logged on to the app to pay my bill this month (second payment of the month actually) and noticed that my Secured Visa Platinum was now listed as Graduated Visa Platinum. I also noticed that my Share Savings account now has the entire balance showing available to me. I had never heard of this card unsecuring, so I called in and they confirmed that my card is showing as a regular Visa Platinum card on their end. So if anyone else had this card, you might want to see if you’ve been graduated. I never received a letter that I was graduating nor did any of my statements reflect this. Background: I filled for Chapter 7 in October, 2018 and received discharge in February, 2019. Two weeks later, I applied for a $500.00 share secured loan and a $1,000 share secured Visa. I paid the loan off fairly quickly (around 9 months) and would either pay the Visa in full each month or carried a small balance. My plan was to keep the Visa opened for two years and then close it at the 2 year mark. In June I was approved for a Target credit card with a $500 limit. I received two CLI...up to $700 in the Fall and it’s now at $1,000. In November I applied for a Kohls store card because I live near one and shop there all the time. I was approved with a $300 limit. I’m not eligible for a CLI until 6 months passes. I did include Kohl’s in my BK. In November I got “pre-selected” for that stanky Indigo card with a $300 limit. I never activated it, but it’s still reporting. There is no annual fee. I applied for and was approved for Discover with a 12k limit. They were also included in my BK. This card has no annual fee. I then was later approved for a Penfed Power Rewards VISA with a 15k limit. i purchase a new Toyota at the end of December and was approved with 0 down with Toyota Financial at 6.9% for 72 months but ended up going with a local credit union at 4.74% for 72 months. So my post was about the SDFCU card graduating, but I also wanted to let others know that there is life after BK. My Fico 9 is currently 652 (Penfed Score) My Fico 8 is currently 648 (Discover Score)
  6. Hey there everyone! I've been a lurker for way to long and decided it's time to get to rebuilding my credit. Thank you to everyone who has contributed on this forum! It has been a help to many and will to me also. So here are my details....🤕 Background About May 2014 I lost my job of 5 years and my apartment all in a 30 day span because life happens of course. I had some savings to stay afloat but it ran out and I couldn't run to a well paying job like the one I had fast enough. Hence, my credit went down the drain over the next year. Baddies I sucked it up and went to MyFico to get a real snapshot of my situation after pulling my three annual reports. At this time I have about 10 baddies on my CR s. Bank of America - CC that is a CO Hey there everyone! I've been a lurker for way to long and decided it's time to get to rebuilding my credit. Thank you to everyone who has contributed on this forum! It has been a help to many and will to me also. So here are my details.... Background About May 2014 I lost my job of 5 years and my apartment all in a 30 day span because life happens of course. I had some savings to stay afloat but it ran out and I couldn't run to a well paying job like the one I had fast enough. Hence, my credit went down the drain over the next year. Baddies I sucked it up and went to MyFico to get a real snapshot of my situation after pulling my three annual reports. At this time I have about 10 baddies on my CR s. Bank of America - CC that is a CO DOFD - 12/2014 DOLA - 01/2015 CL - $2,100 Deficient Balance - $2,342 Getting emails over the last few month directly from CCC trying to settle the account. Started at $1,200 or so now trying to settle account for around $700. Account falls off report in 2021. Capital One Auto Finance - Auto Loan that is a CO DOFD - 11/2018 DOLA - EQ shows 09/2018 and TU shows 07/2019 Deficient Balance - $11,767 after repo and auction Offered to settle for $2,354 in 08/2019 via lump sum or payments of up to 12 installments. Delta Community Credit Union - Auto Loan that is a CO DOFD - 08/2014 DOLA - EQ shows 08/2014 and TU shows 06/2014 Deficient Balance - $1,881 after repo auction Never offered to settle debt Dept of Ed/Nelnet - Student Loan DOFD - 04/2015 DOLA - 01/2018 Paid as agreed with only 90 days late derogs showing EQ 08/2015, 07/2015, 06/2015 TU 04/2015 - 08/2015 EXP only 08/2015 Discover Bank - CC that is a CO DOFD - EQ 04/2015, EXP 12/2017? DOLA - EQ 11/2014, TU 06/2014 Deficient Balance - $1,413 No offer to settle. CCC tried to get judgement in small claims court. CCC's attorney no showed and case was dismissed. Didn't even know about the case until maybe 2018 cause they sent court notice to prior address. Georgia Power - Utility Company DOFD - 06/2014 DOLA - 10/2015 Deficient Balance - $0 Paid balance in full after CO. Only shows on EQ on CR. Georgia's Own Credit Union - CC that is a CO DOFD - 08/2014 DOLA - 09/2014 Deficient Balance - $0 (prior $1,222) No offer to settle. Only reports to EQ and EXP. No reporting from CCC since 02/2015. Macy's - CC that is a CO DOFD - EQ 10/2014, EXP 12/2017 DOLA - EQ 07/2014, TU 06/2014 Deficient Balance - $0 Used to call like crazy but I went off on the CA and mentioned the FCRA and CFPB and they never called or sent a letter again back around 2015/2016. Portfolio Recovery - CA for OC DOFD - 02/2015 (date CA was assigned) DOLA - 08/2018 (stupidly made a payment to CA) Deficient Balance - $474 (started as $624) Made a payment in late 2018 to CA then stopped. Got a letter or two from them then they went away. OC was Synchrony Bank for a Care Credit CC. Progressive Insurance - Place with CA by OC DOFD - 04/2019 (date CA was assigned) Deficient Balance - $212 Assigned with CA Caine Weiner. Had a car repo'd and forgot to cancel the insurance. OC for car called file claim and insurance company cancelled policy once notified of the repo. In addition to the baddies I have about 8 old addresses listed under the CRAs Inquiries EQ 3 hard from two car dealers (10/12/2018, 10/16/2018, 10/19/2018) Never signed anything and it looks like dealer pulled over the phone when calling about trying to trade in car to avoid repo by Cap1 from above. 15 soft Mostly Credit Karma and Lexis Nexis from shopping auto insurance rates. TU 1 hard from 10/19/2018 car dealer 17 soft (same reasons as EQ) EXP 1 hard from 10/19/2018 car dealer 29 soft Same reason as above and some skip tracing via repo companies. Scores Fico 8 Scores EQ - 490 TU - 496 EXP - 523 Next Steps Taken Opt'd Out - 02/2020 Gearing up to get old addresses removed from CR Approved for Self Lender Account 12 installments at $48 Goals Get scores of to 600. No specific timeframe but, to be accountable 12-18 month in my case seems fair. Questions With derogs this old should I just rebuild for the year via Self Lender and maybe a Secure CC in 3-6 month and let the derogs fall off in late 2021? EXP has the complete wrong date of birth listed for me as 12/31/1987. Trying to age me I guess. Dispute this at the same time as the addresses showing proof via license? Should I settle any of these accounts? If any I would consider the Cap1 Auto loan since they offered $2358 and the balance is over $11k. PFD on the CAs or DV first? - 12/2014 DOLA - 01/2015 CL - $2,100 Deficient Balance - $2,342 Getting emails over the last few month directly from CCC trying to settle the account. Started at $1,200 or so now trying to settle account for around $700. Account falls off report in 2021. Capital One Auto Finance - Auto Loan that is a CO DoFD - 11/2018 DOLA - EQ shows 09/2018 and TU shows 07/2019 Deficient Balance - $11,767 after repo and auction Offered to settle for $2,354 in 08/2019 via lump sum or payments of up to 12 installments. Delta Community Credit Union - Auto Loan that is a CO DoFD - 08/2014 DOLA - EQ shows 08/2014 and TU shows 06/2014 Deficient Balance - $1,881 after repo auction Never offered to settle debt Dept of Ed/Nelnet - Student Loan DoFD - 04/2015 DOLA - 01/2018 Paid as agreed with only 90 days late derogs showing EQ 08/2015, 07/2015, 06/2015 TU 04/2015 - 08/2015 EXP only 08/2015 Discover Bank - CC that is a CO DoFD - EQ 04/2015, EXP 12/2017? DOLA - EQ 11/2014, TU 06/2014 Deficient Balance - $1,413 No offer to settle. CCC tried to get judgement in small claims court. CCC's attorney no showed and case was dismissed. Didn't even know about the case until maybe 2018 cause they sent court notice to prior address. Georgia Power - Utility Company DoFD - 06/2014 DOLA - 10/2015 Deficient Balance - $0 Paid balance in full after CO. Only shows on EQ on CR. Georgia's Own Credit Union - CC that is a CO DoFD - 08/2014 DOLA - 09/2014 Deficient Balance - $0 (prior $1,222) No offer to settle. Only reports to EQ and EXP. No reporting from CCC since 02/2015. Macy's - CC that is a CO DoFD - EQ 10/2014, EXP 12/2017 DOLA - EQ 07/2014, TU 06/2014 Deficient Balance - $0 Used to call like crazy but I went off on the CA and mentioned the FCRA and CFPB and they never called or sent a letter again back around 2015/2016. Portfolio Recovery - CA for OC DoFD - 02/2015 (date CA was assigned) DOLA - 08/2018 (stupidly made a payment to CA) Deficient Balance - $474 (started as $624) Made a payment in late 2018 to CA then stopped. Got a letter or two from them then they went away. OC was Synchrony Bank for a Care Credit CC. Progressive Insurance - Place with CA by OC DoFD - 04/2019 (date CA was assigned) Deficient Balance - $212 Assigned with CA Caine Weiner. Had a car repo'd and forgot to cancel the insurance. OC for car called file claim and insurance company cancelled policy once notified of the repo. In addition to the baddies I have about 8 old addresses listed under the CRAs Inquiries EQ 3 hard from two car dealers (10/12/2018, 10/16/2018, 10/19/2018) Never signed anything and it looks like dealer pulled over the phone when calling about trying to trade in car to avoid repo by Cap1 from above. 15 soft Mostly Credit Karma and Lexis Nexis from shopping auto insurance rates. TU 1 hard from 10/19/2018 car dealer 17 soft (same reasons as EQ) EXP 1 hard from 10/19/2018 car dealer 29 soft Same reason as above and some skip tracing via repo companies. Scores Fico 8 Scores EQ - 490 TU - 496 EXP - 523 Next Steps Taken Opt'd Out - 02/2020 Gearing up to get old addresses removed from CR Approved for Self Lender Account 12 installments at $48 Goals Get scores of to 600. No specific time frame but, to be accountable 12-18 month in my case seems fair. Questions With derogs this old should I just rebuild for the year via Self Lender and maybe a Secure CC in 3-6 month and let the derogs fall off in late 2021? EXP has the complete wrong date of birth listed for me as 12/31/1987. Trying to age me I guess. Dispute this at the same time as the addresses showing proof via license? Should I settle any of these accounts? If any I would consider the Cap1 Auto loan since they offered $2358 and the balance is over $11k. PFD on the CAs or DV first? Any guidance looking at my credit profile is appreciated!! 🤗
  7. So I disputed (or so I thought I disputed) addresses off the Big 4. TU removed all addresses except for my current. EQ has my current and another non-BK address. EX won't budge. All bureaus froze. Microbilt, LexisNexis, SageStream, Chex, you name it. Try to get full verification of the bankruptcy on my file, thinking the whole Trial Rule 1005 thing would help me (this rule makes only the last 4 of your social, full name and addy public-facing). No dice. This was the response L/N fed me, including a few notes in RED. Please critique, tell me I have no chance for removal, something....
  8. Basically, below are the baddies on my reports. I know I can't do much for the lates, but I'm hoping I can work on the other ones. I’ve been lurking and researching, but not sure what to start with. Any help is appreciated. Equifax Lates: Auto loan – 10x in past 2 yrs. 8 Navient Accounts – 7x in past 2yrs. (although was in forbearance) 2 Utah Higher Edu Accounts – 6x in past 2 yrs. (must verify if was in forbearance or deferment) 1 ACS Group Account – Sold in 2016, shows as closed and current status of 120 days past due. Charge Offs: Cap One #1 = $1850 from Apr 2020, but shows as open and 120+ past due UM Old Balance from 2012 – $8k Experian Lates: Auto loan – 14x in past 2 yrs. Status says: Now paying/was a charge-off 8 Navient Accounts – 7x in past 2yrs. (although was in forbearance) 2 Utah Higher Edu Accounts – 6x in past 2 yrs. (must verify if was in forbearance or deferment) 1 ACS Group Account – Sold in 2016, shows as closed and current status of 120 days past due. Charge Offs: Cap One #1 = $1850 from Apr 2020 Cap One #2 = $613 from Oct 2019 Trans Union Lates: Auto loan – 14x in past 2 yrs. (says C/O for Oct 2018) 8 Navient Accounts – 7x in past 2yrs. (although was in forbearance) 2 Utah Higher Edu Accounts – 6x in past 2 yrs. (must verify if was in forbearance or deferment) 1 ACS Group Account – Sold in 2016, shows as closed and current status of 120 days past due. Charge Offs: Cap One #1 = $1850 from Apr 2020 Cap One #2 = $636 from Oct 2019 Collections: IC Systems (Charter Communications) = $167 Auto loan: It was almost a repo. I paid past due the same day they set it out to be towed. I was 3 months behind. Why are they saying it was a charge off? What can I do? Student loans: I was in forbearance, but Navient says they no longer change credit reports. They sent me letter confirming forbearance for those months. Charge Offs: Since they are within past year, should I try to settle, pay in full, or wait a while?
  9. I have an AMEX charge off from 2017 its paid but I want it off my reports I've called them but the guy on the phone just kept saying nope can't take it off even if paid. I've even tried disputing them because they were reporting the wrong info but they just update with the right info. I was able to get approved for a different AMEx card two months ago so I know I'm not blacklisted I was wondering has anyone had any luck with something like this.
  10. I am pretty proactive on MyFico, so I thought I'd come here and get a different perspective on credit repair. I have read through Why Chat's Credit Confusion, and it's pretty robust. But one question I have that I cannot see addressed (other than a vague NYT article) is why "opting-out" is the first step toward credit repair? I understand the dispute process, but can you actually force the creditors to stop reporting information to credit bureaus this way?
  11. I am working on cleaning up a few items on my credit reports and not sure which way to start. There are two Paid Collection medical bills showing on my reports, which is hurting my ability to rebuild my credit after divorce. They both are being reported by the same medical collection agency that is a local company where I live. They are both old, but still have a couple years to fall off my reports. One for $73 has a delinquency date of 3/2015, assigned to collections 1/2016, paid in full 7/2016. Last reported to credit bureaus on 6/2017, The other one for $164 has a delinquency date of 5/27/15, assigned to collections 10/2016, paid in full 12/2016 and was last reported on May 18, 2020. Should I call them and request a goodwill adjustment to have them remove the reporting, write a goodwill letter, or move to the HIPAA letter? I also have one account in collection status that I disagree with. I had disputed it via the credit bureaus, but only got a notation in the credit reports that the debt was conforming, which I am sure means they contacted the collector and they said I owed the debt. This is a credit card debt that appears to be sold to a collection agency. The debt amount is $370, delinquency date 12/2018, turned to collection 6/2019. I am not even sure what this is, but may just be continual late fee charges on account I though was closed. Where should I start with this one? Pay for delete or validation letter? I made the mistake of ignoring my credit report after divorce in 2016 and have a thin file, but these three things are seriously hurting my ability to get a credit card acceptance. I don't want to keep having hard credit pulls for applications when I know these items are a big reason why I am being turned down. Thanks for letting me tell my story. Lola2020
  12. A "backdoor number" is one that gets you past frontline CSR's directly to Credit Analysts / Credit Departments / Account Managers / Account Specialists (different lenders call 'em different things) - these people/departments have decision-making abilities far beyond frontline CSR's; they can take and review requests for reconsideration of denied CC apps or CLI requests, APR reductions, etc. and implement their decisions. I can continuously update this first post with the latest information if everyone will post to this thread. I'll make the change and acknowledge. We truly appreciate your participation. Amazon (store card): see Synchrony (GE) AMEX: (Oasis Program) AMEX: 866-314-0237 (new app status) AMEX: 800-582-6471 (recon with frozen EX for pin) AMEX Business charge cards - (877) 399-3083 AMEX Credit Bureau Unit: 800-874-2717 (Must have a current credit report before calling. They will ask for the account number from the credit report, which is different from your card number) Barclays: 888-232-0780 (Customer Care) Barclays: 866-408-4064 (Credit Analyst) BBVA Compass Bank: (American Express Card issues only) 866-246-2924 Best Buy: 877-420-0001 Best Buy: 888-908-9890 (Credit Analyst, existing accounts only) BofA: 888-260-4696 (secured accts.) BofA: 800-824-5895 (secured & partially secured accts.) BofA: 800-881-4730, 866-226-8225, 800-247-7975 (Credit Analyst, existing accounts only) BofA: 866-618-4585 (Sr Credit Analyst) BofA: 704-386-5687 (Office of the CEO) BofA: 888-500-6270 (Credit Dept. Fax) BofA Business: 877-665-5023 (Analyst/UW) BofA Business: 877-665-5023 (New applications) BofA Business: 800-442-1043 Cap1: 800-625-7866 (Account Specialist) Cap1: 800-951-6951 (cust. relations) Cap1: 800-548-4593 (application department; status) Cap1: 800-889-9939, 800-625-7866 (Account Specialist) Cap1: 877-513-9959 (Account Retention?) Cap1: 800-258-9319 (Debt Recovery) Cap1: 866-280-0118, 800-955-1455 (EO) (Nerfed in general) Cap1 Secured Platinum: 800-219-7931 (deposit taker, can speak to credit analyst) Chase: 800-432-3117 (App status) Chase Personal CC Recon 888-270-2127 Chase Business CC Recon 800-453-9719 Chase: 800-453-9719 (Business card lending) Chase: 888-622-7547 (Chase Executive Ofc. in IL) Chase: 800-955-9900 (Product change status questions) Chase: 888-298-5623 (Consolidation - M-F 8am-10pm EST) Chevron/Texaco Biz Card App Status: 888-243-8358 Citi: 800-645-7240, 800-288-4653 (Citi Business) Citi: 800-750-7453 (Business) Citi 888-201-4523 (Personal) Citi: 718-248-0847 (EO) Citi: 800-695-5171 (New Accounts UW) Citi: 605-331-1698 (EO - CC division) Citi Credit Bureau Dispute Fax: 866-713-5028 Comenity: 800-303-1368 (Consumer Relations - Recon) Discover: 888-676-3695 (New Accounts) Discover: 866-305-7691 (Direct Line TO CS) Discover: 866-222-0536 (EO) Elan: 800-364-9648 (CC underwriting, business and personal) Equifax: 800-846-5279 (Direct to Rep) Equifax Executive Office 404-885-8000 Experian: 800-493-1058, 800-208-9232 (9AM-5PM ET, need report number from EX) ExxonMobil Biz Card: 800-903-9966 FIA: See Elan FNBO: 800-444-6220 GEMB: 877-294-7541 (escalated help desk) Haverty's/Sync: 800-333-1082 Home Depot Store Card: 800-677-0232 (Credit Analyst) Home Depot Store Card: 423 467 6957 (App Status/Recon) Home Depot MC (Commercial): 800-720-0649 Home Depot: 800-685-6691 (Commercial) Hooters: 801-545-6705, 800-850-4668 HSBC: 866-574-4421 (App Status) HSBC: 866-719-3897 (Credit Analyst) JC Penney: 800-542-0800 Juniper: 866-408-4064 (Credit Analyst) Juniper/Barclays: 866-750-6031 (Corp. Offices) Key Bank: 888-201-4523 (App status) Key Bank: 800-254-2737 Key Bank MC: 800-288-4653 Key Bank Credit Research Fax: 216-357-6400 Lowes: see Synchrony (GE) Macy's: 800-627-2909 (Credit Dept. - new credit, inquiries on upgrade to Visa, credit reporting issues) Macy's: 800-543-9617 (Recovery Services) Marvel: see Synchrony (GE) Meijers MC: 801-517-5560 National City: 800-762-0974 (Credit Dept.) Nationwide Visa: 866-757-2720 (App. status) Nordstrom: 800-964-1800 (CLI) Orchard: 800-395-6090 (May get answered in Spanish by bilingual CSR's. If this happens and you don't speak Spanish, either try again later or try saying "Habla ingles?" or "Ingles, por favor" to let them know you're an English-speaker) Philips 66: 866-289-5630, 800-610-1961 PNC Bank: 800-762-2117 (Business CC) PNC Bank: 877-562-0150 (Business UW) Sam's Club: 800-301-5546 (Underwriting) Sears: 800-599-9710 (App status) Shell Fleet Card: 800-223-3296 (App status) Shell: 800-223-3296, 866-438-7435 Shell: 800-377-5150 Staples: 800-767-1291, 800-282-5316 Sunoco Corp. Card: 800-935-3387, 800-278-6626 Sunoco: 800-310-4773 Synchrony (GE): 800-240-0512, 800-480-0205 (Biz) Synchrony (GE): 800-588-4290 (Consumer) Synchrony (GE): 877-379-8175 (Sr UW) Synchrony (GE): 888-885-6937 (Verification) Synchrony (GE): 800-333-1082 (Haverty's) Synchrony (GE): 866-519-6441 (Marvel CC, Sr UW) Target Biz Card: 800-440-5317 Tiffany: 800-770-0800 Transunion: (312) 466-7719 (Corporate Office Resolution Team Voicemail) Transunion: (610) 546-4600 (Corporate Office, need extension or last name to search directory) USAA Bank Secured Platinum: 800-344-5696 ext 38763 (secured product specialist) US Bank: 800-685-7680 (Underwriting) US Bank Secured Platinum: 800-344-5696 (underwriters for secured product) Valero: 877-882-5376 Walmart (Sync): 877-379-8175 (Sr UW) Walmart (Sync): 877-969-5302 (Verification) Wells Fargo: 866-677-1128 (CC Executive Office) Wells Fargo: 844-576-6424 (Executive Office) Wells Fargo: 877-514-3717 (Amex Propel Credit Svcs) Wells Fargo: 844-879-4824 (Direct # for Product Change Credit Svcs) Wright Express: 888-743-3893
  13. Hi everyone, I had really great credit for the longest time, and then unfortunately, lost my job about 6 years ago and was out of work for a long time. In that time, my credit took a steep nosedive and I'm still down in the dumps credit-wise. At this time, I have 7 charge offs. 5 of them, I was able to get them settled and all of them are past SOL at this point. The charge offs are all with OC credit cards that were never sent to CAs (should I consider myself lucky that none of them were ever passed on to CAs?) Specifically, the credit cards are 2 Citicards, 1 Amex, 1 chase, 1 USBank, and one BoA. All but the Chase and USbank have settled and showing as paid COs, and "settled for less" showing on the credit reports. Last activities on them are all about 2 years ago or longer but they report the COs every month. Is there anything at all I can do you get these to go away? Am I out of luck and just have to wait for them to fall off in 5 years or so? I'm assuming the 7-year falling off date is based on date of last activity? Or is there any strategy to getting these charge offs removed? Thank you!
  14. So I have a Credit One card and recently got a CLI bump on it so I'm up to $550, but after reading some posts here, I'm hearing that it looks bad to have it. I don't necessarily need it because I have a Cap 1 Platimun ($850), a Wells Fargo ($600 secured) &, a Discover IT ($500 secured). The Credit One is the youngest of all the cards, only a year old. I had another credit one card about a decade ago that charged off and a weird thing happened. After months of paying on time with this new card, the old account reports as closed, but with 2 years of all positive payment history. I'm grateful for that... don't know how it happened, but cool. So I got this new card just to boost my overall credit, but now I'm thinking that was a mistake(except for the change in reporting of the older account). I understand that when I close it, it will remain a "stain" on my account for 10 years. Is it that big of a deal, though? Can somebody give me some examples of how having it there can affect my credit... score, chances of approval for credit, credit limits... etc.? Will closing the account make much difference in the short term since it will still be a stain?
  15. Long story short, an illness took me off work for some time and some card payments were prioritized above others. I have since cleaned my credit up save for one lone big bad that will not die off in the form of DSNB/Macy's (CitiBank). Here's the deets: Date Opened: 11/16/2009 Last Payment Made: 05/06/2015 Date Closed: 04/26/2015 I've inquired about the debt and was told since it's past SOL it's no longer being pursued for collection, just reported monthly as charged off. That charge off reporting is a damper, though. What steps should I take, if any, to remove or rectify it on my reports? I can pay it in full, but is there any hope for it being removed or updated to not reflect so harshly? I appreciate any advice!
  16. It’s a long post but, where do I go from here? I am not sure what to do next. Do I just pay everything off and only charge a small account to one or two cards and pay them off every month or is there more to it? My goal is to buy a house. Hopefully by next summer. I, unfortunately, listened to Credit Karma before I did more research and opened more cards than I probably should have and charged a bunch but, I will have all the balances back at zero in 2-3 months at most. Here is what I am doing: paying all current credit balances to zero with no more charging, paying down student loans currently in deferment. I am thinking of closing the First Premier card and opening a self lender account (to get a better mix) but, am not sure if closing a paid card will hurt my score. This is where I am sitting at: Scores Wells Fargo Fico 9 score: 626 Fico 8 scores pulled from premium Experian subscription: Experian- 657 Equifax- 643 Transunion: 661 Fico 8: 657 Collections LVNV/Resurgent: $518 paid just waiting to be deleted from credit report IC Systems: $253, waiting on a response from debt verification letter, if that doesn't work I am asking for a PFD What Is Reporting Fingerhut: $73.06 out of $600 limit since Feb 2020 Capital One (authorized user, no card): $555 out of $9,500 limit since Nov 2014 Capital One (Walmart store card): $193.24 out of $300 since May 2020 Credit One $258.50 out of $300 since May 2020 First Premier: 270.83 out of $300 since Jan 2020 Synchrony Bank: $0 out of $1800 since Feb 2020 (never used) Student Loans Went through rehab and now in deferment due to being in school, no longer taking out more loans. Total: $39107.18 I also have some transferred closed student loans showing up on Equifax and Transuion as 120 days late with zero balances that I do not know what to do with. FICO Score Message 1 of 3 0 Kudos Reply
  17. Hello Credit Board I am newbie to this forum, but have been lurking for a while. I had recently pulled my credit report and I am having major issues with my student loans. Apparently I have loans that have been transferred \ sold and now are with a new company. The original loan was open back in the 2000's but they are still showing on my credit report. I am not sure how I can have these removed. Any assistance would be greatly appreciated. Thank you in advance
  18. Long time lurker, now ready to participate! Just paid off 25k of 120k debt. 11k stupid installment loan from penfed, and 14k credit card debt. CC debt utilization down to 62%. No other debt except mortgage. (Just paid off only auto loan) have 5 student loans 5k balance. I'm hoping to have CC debt paid in under 4 yrs I'm going after highest int rate cards first. Any other wisdom or ideas about how to handle my credit profile ? Is my utilization too high to start requesting no inquiry CLI's? Thanks
  19. I just wanted to share my strategy. I've written them many many good will letters and always get the generic response. I decided to message them on Facebook and I got an actual human in the states who responded the same. I then replied with a true sob story and the guy said he could remove 1 late payment from each card. This will change my life so much and hopefully raise my score. I just wanted to to share with you guys who might have issues with comenity
  20. Hi. Thanks everyone for push out of hopelessness. My scores have increased about 30 points each, and this without reflecting that I paid off a $2500 installment loan a week ago. Total paid off is about $7000 in 6 weeks. · My goal is to buy a home with an FHA loan around October 2021. · I have $2000 per month to put toward resolving these negatives. · I don't know if I can call BBVA and Net Credit and work out payment arrangements, or if I need to have all the money now. Scared to call—I keep hearing “don’t talk to them.” My question is what order to put these in based on how quickly it will impact my credit score. My options seem to be: 1) Resume student loan payments ASAP, over the next year just save the money monthly and pay BBVA first and then Net Credit, then down payment. 2) Pay BBVA first, resume paying student loans in September and then pay Net Credit over the next 12 months. Remaining negatives on credit report: Defaulted Student Loan · Wait 1-3 months and use that $850/month to work on the other two items? BBVA · $5600 charge-off as of Sept 2019 · Planning to just pay it, assuming I'll have to pay in full but not sure Net Credit Financial Services · $6900 charge-off from Sept 2019 · Planning to just pay it, assuming I'll have to pay in full but not sure When do I apply for the mortgage, by the way? How far ahead of when I want to close? THANK YOU!!!!
  21. Hello everyone. I've been working diligently during this pandemic to focus on improving my credit. I've been following the guidelines and often cross-referencing to be sure it's the right information. I found out recently, that although my debt is low, my credit score is suffering because I haven't had credit cards in the past 15 years. I very carefully researched, compared, and finally chose two secured cards that are supposed to improve my scores with all 3 major bureaus, with timely payments. About 6-8 months they say. I received the Discover It Chrome Secure card earlier in the week and didn't waste any time putting a small purchase of $12.99 out of the $300 limit, so that I could pay it off a few days after it posts, in order to get that on-time payment track record started as quickly as possible. Well, this morning, being a person who has checked their credit daily, since setting out on this path to dramatically improve it, woke up to a staggering 154 point drop in my VantageScore 3.0! The credit reports clearly state that it's due to the addition of the new Discover card and for no other reason. By the way, since I have been without credit cards for so long, a FICO score does not even register for me. So I literally am not on the FICO radar at the moment to see what damage has occurred there. So anyway, the 2nd new card hasn't shown up on my credit reports yet and honestly, I'm terrified to see what will happen when it does. Other than this, there were no other "negative" changes in my credit history that caused this avalanche of WTH??? And I was so excited about being on the path to a better credit future filled with no-sweat approved financing and lower interest rates. Maybe even zero someday. It's like I just got karate chopped in the dang throat. I felt like I couldn't breathe when seeing this first thing this morning. Nowhere out there, have I read that opening a new credit card that is advertised by the card issuer and promoted by the credit bureaus and others, as a catalyst for improving credit scores, to also be a credit score obliterator! What has happened? Losing a few points, like up to 10 perhaps, I can see, just because of the inquiry. But a loss of 154 points is devastating! And for what? Have I not done what the Powers of the Credit Scoring Universe told me to do??? Ugh, I wanna cry right now.
  22. First thank you for all the knowledge posted here, I have followed CB off and on for over 10 years. So here is me current credit Pic and I don't know what approach to take... except getting credit one and the AT&T charge offs removed. Once I receive me new unsecured Cap 1 I'm hoping that gives me a score bump because I really don't have any open accounts as you can see. Discover said no to their secured card 😢 I have been a member of NFCU since 97 but my account is dormant just need to deposit money in savings to make active. But I was thinking I need to wait until I clean up my TU and bring scores up before trying for their secured card. I'm assuming the student loans are hurting me but didn't want to contact them until I got better guidance from you all. I could desperately use some guidance from you all Fico 8 eports & scores as of March 10 Experian 558 Citibank AU $6500 limit $4977 =76% usage - 9 years old never late - I disputed this account due to usage being high and it was removed- no change to my score Belk AU $9000 limit $1666 balance = 20% usage- 20 years old never late Care Credit AU$4000 limit $0 -no usage - 8 years old never late Sears - closed AU no negatives CarMax paid closed $19,117 -opened 4/14 closed 7/15 Acendium student loan 44 lates CO $2872 updated 8/16 EDSOUTH student loan 10 lates CO $1750 account transferred to another office last update 8/16 EDU SERV OF AMER student loan CO $1984 account transferred to another office last update 12/14 FED LOAN SERV- closed exceptional payment history 5/15 GLESI/ Bank of America -closed exceptional payment history 2/12 US DEPT ED/ GSLI closed CO $1017 seriously past due last updated 2/20 US DEP OF EDU/ GSLI closed CO $2701 seriously past due updaye2/2020 Inquiries Cap1 3/20 - unsecured card $300 limit in mail Discover 3/20 - declined secured card TU 509 Belk - same Care credit - same CreditOne -paid- closed unkown payment history -CO bad debt updated 1/17 Discover -same Sears-same NFCU AU- closed updated 5/23 $20k limit exceptional payment history Carmax-same All the same student loan info Collection AT&T Mobility $1206 collection opened 9/18 updated 2/20 Inquiries Cap 1 EQ 535 Citibank same Belk- same Care credit same Creditone same Discover same NFCU SAME CarMax same Credit union atl $3803 CO auto- opened 4/11 CO 12/14 - consumer disputes EDSOUTH GLESI SAME EDUC SERV AMER same FED LOAN SERV same FED LOAN SERV same US DEPT EDUC same US DEPT EDUC same Inquiries Cap1 same
  23. Hi everyone, just looking for some advice... I'm in the last year of my 20s and have a very high debt in general. I blame my past self since after getting my first job, I was blinded by approvals of several credit cards and used them like cash. I would like to start my journey to a better credit score, especially since my 30s will probably consist of buying a home and having children with my fiance. Not really sure where to start... I'd like to start bringing down my debt but I feel so overwhelmed with everything that I have to pay for. I currently keep track of my money using a spreadsheet, but that doesn't mean anything if I don't actually try to pay off the debt I have... I recently paid off my Chase CC balance (that's why it's 0 right now) and an installment loan around $2,500. Would it be better to pay the closed accounts first (at least the ones accruing interest), or pay off the balance in my open accounts? Any advice would be helpful, thank you! With that being said, here are my stats: Credit scores Experian - 565 | Equifax - 582 | Transunion - 587 Current monthly bills - ~$1240, including payments below Monthly salary - min $2,500 *New job that just started this month; previously, I was earning around $1,200 a month Current savings - $3,000 OPEN CC ACCOUNTS Chase - 0 (balance) / 500 (limit) @ (23.15%) min payment: $25 Capital One Quicksilver - 1,519/1,500 @(22.90%) min payment: $44 Capital One Platinum - 2,230/2,250 @ (22.90%) min payment: $70 CLOSED CC ACCOUNTS Bank of America - $2,110 @ (21.24%) min payment: $70 Barclays - $920 @ (21.24%) min payment: $30 CareCredit - $1,200 (under hardship assistance, interest no longer accruing) min payment: $22 Nordstrom - $1,915 (under hardship assistance, interest no longer accruing) min payment: $22 PayPal - $1,083 (under hardship assistance, interest no longer accruing) min payment: $25 Student Loans Sallie Mae - $25,000 (deferred payment, only paying $25 a month) Fed Loans - $16,000 (forbearance due to COVID19)
  24. In reviewing my Equifax report, I noticed 4 accounts that have comments saying "Payment is payroll deductible." 3 of the accounts are closed and charged off credit cards. The 4th is open and being paid as agreed with never any lates. It is clearly not an error in reporting by the creditors because it shows like this on each account (with different dates): 04/2016 Payment is payroll deductible 08/2016 Payment is payroll deductible 02/2017 Payment is payroll deductible I am 100% Positive I have no judgements against me that would enable a credit card debt to be payroll deductible. Is this an effort on behalf of the creditors to further damage my credit by making it appear that an there has been a judgement against me for a particular debt when that has never actually occurred? I've done extensive searching online and haven't found any answer as to why this comment appears.
  25. 1. EX & EQ deleted a collection acct from my report in 2016 after one initial dispute 2. In 2019, a JDB reports on EX & EQ for the same acct. I requested a DV and the JDB sent the initial application. 3. OC sent the wrong item in 2014 and after 6 months of disputing they stopping collection attempts. (technically this should be #1). 4. I disputed the JDB (2nd ÇA) with the CRA’s and it came back verified. What letter can I send to the JDB after they responded with the initial application from 2014 and what is another dispute tactic to the CRA that only responds with previously verified. i searched but searching here is not the same anymore. thanks in a d’avance for input

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