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mendelssohn

Mendelssohn's CB Success Story

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Nicely done! Hard work and time pays off. Your contributions here are appreciated as well.

Nicely done! Hard work and time pays off. Your contributions here are appreciated as well.

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Very happy for you Mendel, sincere congrats!

 

Your tone on the boards is refreshing & your willingness to help others, seems heartfelt. I have been in & out of CB since '05 & have seen many personalities & stories of success...Yours is very inspiring

 

 

Sent from my iPhone using Tapatalk

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Can someone point me to the DV thread mentioned here?

 

 

 

If you live in TX, read the TX DV thread. That, combined with the 1-2 punch, made the biggest dent in my credit repair.

 

 

 

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Thanks, everyone!

 

 

Can someone point me to the DV thread mentioned here?

 

 

 

If you live in TX, read the TX DV thread. That, combined with the 1-2 punch, made the biggest dent in my credit repair.

 

 

 

 

 

TX DV thread: https://creditboards.com/forums/index.php?showtopic=240327

 

1-2 Punch thread: https://creditboards.com/forums/index.php?showtopic=540738

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Today, after more than 4 years of waiting, the LAST of my delinquent student loans were deleted from EX!!! I had 3 accounts that were hanging on EX too long because of "OK" marking inserted towards the end of the string of late payments. A CFPB dispute finally got me in touch with someone at Navient that could get these removed. And finally, a good EX FICO! :yahoo:

 

ex_fico_757_zpskbumcvhi.jpg

 

Here's an outline of my rebuilding story:

 

2011-I joined CB that summer but didn't start doing anything in terms of credit repair. I read CB non-stop. At that point, I was behind on my bills and needed to get caught up before taking the first step. I wanted to buy a house, and knew I had a lot of work to do with my credit.

 

2012-in January, I started rebuilding my credit. I had about every negative you can imagine except BK or a judgement. I had NO open credit until I opened my first CC in March, an Orchard Bank Visa with a $300 limit. Fortunately that card is now with Cap1. I opened 4 CCs that year. Most of my time was focused on cleaning up reports.

 

2013-I found out I was eligible for NFCU through my brother and opened a CC, CLOC, a Barclays Rewards MC and a Walmart CC in June. By the end of the year, most of my negatives that could be removed were gone.

 

2014-The only remaining negatives on my reports at the beginning of the year were some old car loan lates with Santander (burn in hell!) and my student loans, about 40 of them. In February, I was approved for Amex, Chase and Discover. I applied for a lot of cards in 2014 and worked on strategies to build higher limits, and also started chasing CC rewards. In 2014, I also started a rebuilding thread to track the rest of my progress: https://creditboards.com/forums/index.php?showtopic=524818

 

2015-This was the year of the business CC app for me. Less personal cards, more business cards. I was also able to dispute all of my student loans as obsolete with the CRAs except the 3 remaining on EX that were finally deleted today. I was also able to buy a house in December, the whole reason I came to CB in the first place. :)

 

2016-FINALLY done! I was able to get Santander deleted from EQ, but it remains as my only negative on EX and TU. At this point, after trying every trick in the book, I am just going to let it age off.

 

The only FICO I had when I started was a TU 08, which was 419! :swoon: My EQ is now 803, which is 384 points higher!!! :D

 

 

What I've learned:

 

Read CB like a second job. Not only can you do credit repair yourself way better than a credit repair company, the best information and resources on credit repair are right here. You just need to put in some time researching and reading.

 

If you live in TX, read the TX DV thread. That, combined with the 1-2 punch, made the biggest dent in my credit repair.

 

Use all of the resources available to you for disputes. I filed disputes and complaints with the CFPB, BBB, TX AG, AG of the home state for businesses, state regulatory boards, etc. in addition to regular disputes.

 

Work on a real strategy and don't app on impulse. I was able to avoid toy card hell and build a solid profile from the ground up by adding cards in tiers, when I could step up in quality and limits. Once I was in with prime issuers, I worked on strategies for combining limits. Strategy should also include a rewards strategy. All of the cards I've added were for a good reason, not because I heard the signup bonus is good. I have plans on how to use the bonuses.

 

This is definitely a marathon and not a sprint. For those of us that have lived with long term negatives stuck to reports, it can be overwhelming at times. If you rebuild properly though, you can get in with prime issuers with scores in the 600s AND get decent limits if you build your profile well enough. Time heals everything, so you just need to stay focused and on track.

 

I know this is a long read, but it had been a long time getting to where I am as of this morning. :yahoo:

 

 

 

In my time here I cannot thing of anyone as deserving as mendelssohn for the results that have been achieved. What an impressive display of tenacity. Congratulations.

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I have been following your thread for over a year - you have done an amazing job. Congrats on your success and thanks for sharing your story. It is an inspiration and model for the rest of us!

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Today, after more than 4 years of waiting, the LAST of my delinquent student loans were deleted from EX!!! I had 3 accounts that were hanging on EX too long because of "OK" marking inserted towards the end of the string of late payments. A CFPB dispute finally got me in touch with someone at Navient that could get these removed. And finally, a good EX FICO! :yahoo:

 

ex_fico_757_zpskbumcvhi.jpg

 

Here's an outline of my rebuilding story:

 

2011-I joined CB that summer but didn't start doing anything in terms of credit repair. I read CB non-stop. At that point, I was behind on my bills and needed to get caught up before taking the first step. I wanted to buy a house, and knew I had a lot of work to do with my credit.

 

2012-in January, I started rebuilding my credit. I had about every negative you can imagine except BK or a judgement. I had NO open credit until I opened my first CC in March, an Orchard Bank Visa with a $300 limit. Fortunately that card is now with Cap1. I opened 4 CCs that year. Most of my time was focused on cleaning up reports.

 

2013-I found out I was eligible for NFCU through my brother and opened a CC, CLOC, a Barclays Rewards MC and a Walmart CC in June. By the end of the year, most of my negatives that could be removed were gone.

 

2014-The only remaining negatives on my reports at the beginning of the year were some old car loan lates with Santander (burn in hell!) and my student loans, about 40 of them. In February, I was approved for Amex, Chase and Discover. I applied for a lot of cards in 2014 and worked on strategies to build higher limits, and also started chasing CC rewards. In 2014, I also started a rebuilding thread to track the rest of my progress: https://creditboards.com/forums/index.php?showtopic=524818

 

2015-This was the year of the business CC app for me. Less personal cards, more business cards. I was also able to dispute all of my student loans as obsolete with the CRAs except the 3 remaining on EX that were finally deleted today. I was also able to buy a house in December, the whole reason I came to CB in the first place. :)

 

2016-FINALLY done! I was able to get Santander deleted from EQ, but it remains as my only negative on EX and TU. At this point, after trying every trick in the book, I am just going to let it age off.

 

The only FICO I had when I started was a TU 08, which was 419! :swoon: My EQ is now 803, which is 384 points higher!!! :D

 

 

What I've learned:

 

Read CB like a second job. Not only can you do credit repair yourself way better than a credit repair company, the best information and resources on credit repair are right here. You just need to put in some time researching and reading.

 

If you live in TX, read the TX DV thread. That, combined with the 1-2 punch, made the biggest dent in my credit repair.

 

Use all of the resources available to you for disputes. I filed disputes and complaints with the CFPB, BBB, TX AG, AG of the home state for businesses, state regulatory boards, etc. in addition to regular disputes.

 

Work on a real strategy and don't app on impulse. I was able to avoid toy card hell and build a solid profile from the ground up by adding cards in tiers, when I could step up in quality and limits. Once I was in with prime issuers, I worked on strategies for combining limits. Strategy should also include a rewards strategy. All of the cards I've added were for a good reason, not because I heard the signup bonus is good. I have plans on how to use the bonuses.

 

This is definitely a marathon and not a sprint. For those of us that have lived with long term negatives stuck to reports, it can be overwhelming at times. If you rebuild properly though, you can get in with prime issuers with scores in the 600s AND get decent limits if you build your profile well enough. Time heals everything, so you just need to stay focused and on track.

 

I know this is a long read, but it had been a long time getting to where I am as of this morning. :yahoo:

 

 

Thanks for sharing. I have noticed your comments in other places and appreciate the advice you share.

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Congratulations!

Trying to follow your foot step.

I have a question for you. How often applied for a new card is the best? Cause if you apply too many cards within certain time it would hurt your credit.

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Congratulations!

 

Thank you for sharing your story! I am new here, have a journey ahead of me and am overwhelmed with all the information here, and the effort that lies ahead. Reading your story is inspirational and a needed lift, this Sunday evening.

 

Thank you!!

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