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PsychDoc's Credit Repair for Beginners


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I am a "newbie" and I am so very grateful to have found this site. Psychdoc is awesome. I have read only the first two sessions so far, and starting the third today.

 

Filed for BK in November 2009--discharged February 2010. Didn't think much about my credit 'cause I knew FICO would be depressingly low. I started checking credit in 2012--it was in the 500's. It is now in the low 700's, but with several derogatories b/c of the BK. The derogs are biggies because when my husband died unexpectedly in 2007 I was not able to pay the mortgage and credit cards--two of these debts are Chase, and one is Capital One. Since these are accurate, I doubt if I can get them removed from CRs.

 

There is one in Collections and even after I researched it I still don't know what it is except that it is Medical. The OC is in St. Joseph, MO, and the CR shows the debt occurred in January 2011. Although I have lived in Kansas City, MO, I moved to Georgia in 2010, plus I had never had anything medical in St. Joseph. Before I dispute it, I will read Pychdoc again to be sure I do it correctly.

 

I have an unsecured Barclaycard w/$2,800 CL. I pay more than minimum and pay 2X each month. In the two years I have had it, I have not gone even near the max. I also have a $700 credit limit PayPal Smart Connect account through Synchrony. Just the other day I applied for and got approved for a secured card. I don't have a mortgage or a car payment. I would have had a car payment recently but Honda and others would not approve me because of the BK, even with a fairly large down payment. So, I emptied my meager savings account and bought a car with cash. (I think the auto loan would have enabled me to build credit.)

 

Well, that is the background, but I do need help. Although I read Forum posts as well as Psychdoc's sessions, I welcome ideas & suggestions from members. I' not so sure I'm doing anything right. (Keep in mind that I am retired and have a small income.)

 

Thank you!

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Condensed by Mark in TN   Please note that you will need to be at MEMBER STATUS before you can access or download these files.     Member status is achieved through posting.  We do

I'm new to this and going to give it a read

  • Admin

It's a good idea to start your own thread in the credit forum. Sometimes people get confused when all the questions are posted in these info threads.

 

@everyone: If you have trouble figuring out how to post in the main forums, let me (or someone) know. We'll help. :)

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Right. When the student is ready, the teacher appears. :)

Hello,

 

I'm new to this site, but have been reading the forum and mainly your posts. I have a medical collection account that has been reported as charge off - unpaid - etc

I had made payment arrangement prior to it being reported. I have not breached the payment arrangement and even though they have reported negatively, I continue to make my payment as agreed. They had agreed to not report me as long as I kept timely payments. I have asked them rathe demanded they remove this negative report from my files. They claim they will not and all report is accurate. At this stage, I'm forced to pay as my health insurance company denied the claim. I understand and agreed to pay.

 

Still the hospital has reported negative marks as well as the CA. I can't seem to find any law that protects the agreement ( I did not get in writting). How can force the CA to remove this account as I'm currently paying and they have breached their agreement. Thank you and I appreciate your insight to this matter.

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Right. When the student is ready, the teacher appears. :)

Hello,

 

I'm new to this site, but have been reading the forum and mainly your posts. I have a medical collection account that has been reported as charge off - unpaid - etc

I had made payment arrangement prior to it being reported. I have not breached the payment arrangement and even though they have reported negatively, I continue to make my payment as agreed. They had agreed to not report me as long as I kept timely payments. I have asked them rathe demanded they remove this negative report from my files. They claim they will not and all report is accurate. At this stage, I'm forced to pay as my health insurance company denied the claim. I understand and agreed to pay.

 

Still the hospital has reported negative marks as well as the CA. I can't seem to find any law that protects the agreement ( I did not get in writting). How can force the CA to remove this account as I'm currently paying and they have breached their agreement. Thank you and I appreciate your insight to this matter.

 

Hi Mav, for the best answers to medical collections questions, head over to the medical forum and post your questions there. Why Chat (our resident medical collection expert) will walk you through the program that Why Chat designed to specifically address them. Good luck. You have come to the right place. :wave:

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Right. It's all basic information that gives an overview of the credit industry and how to view credit repair. It's like a philosophy of credit repair.

 

I think Mark is off to new adventures with his great credit. :D He just condensed the seminar -- that seminar was done in the chat room, live, and there were jokes, comments and questions as Psychdoc presented his seminar. That was a lot to read so Mark went to the trouble of condensing it down to something you can study and remember.

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I'm very grateful for all the information here....and I keep finding myself trying to hit the "Like" button...LOL.

 

I'm an "old Newbie" or a "New Oldie"...depending on which way you look at it. :) I used to lurk on these boards back in the day....(2003-2004ish).

 

Well...here I am again :search::search:

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I'm very grateful for all the information here....and I keep finding myself trying to hit the "Like" button...LOL.

 

I'm an "old Newbie" or a "New Oldie"...depending on which way you look at it. :) I used to lurk on these boards back in the day....(2003-2004ish).

 

Well...here I am again :search::search:

Welcome back!! :wave:

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I'm very grateful for all the information here....and I keep finding myself trying to hit the "Like" button...LOL.

 

I'm an "old Newbie" or a "New Oldie"...depending on which way you look at it. :) I used to lurk on these boards back in the day....(2003-2004ish).

 

Well...here I am again :search::search:

Welcome back!! :wave:

 

Thanks :) Think I'm going to need a stronger prescription for glasses after I get through reading all the info!!

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I too am very grateful for this board and it's members. I learn more and more as I read along, even threads that don't pertain to me.

 

Started lurking way back in 08 and I had no credit score on any of the 3 CRA. Soon I found out that the Hooters CC should be my first app and sure enough I was approved for a $500CL. Fast forward 2 years later and I had over a quarter million dollars of unsecured credit available to me. Also enjoyed high 700 to low 800 FICO scores :grin:

 

Made a few bad decisions and now I'm starting back over in the mid 500 score range. This board is certainly the best resource for any of you who are new to the credit game and the eBook/PDF should be a great start. Anxious to get back in the game and eventually try and help others! Thanks again breeze and all the contributing members.

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