Jump to content

Recommended Posts

I would like to ask a few questions as I begin to repair and repay some credit accounts.  My main concern is that I am a federal government employee and needs to maintain a clearance, not Top Secret.  Many of my closed accounts had very high interest rates.  My income has been temporarily reduced.  It should last for one year, at the most.

 

I have obtained my free credit reports so far from two CR agencies.  I will download the last one today and list any additional listings here by the end of the day.  I am only concerned with the closed accounts.  The open accounts, I can approve myself.  THey are in yellow.  A few of the closed accounts should have reported, positively.  I have highlighted these in red.  I will be writing them a letter by end of week.  I have highlighted those in red.  A few of the collection companies listed, I am not certain of the name of the creditors they represent.  Therefore, I will send a letter of inquiry, by week ending.

 

My biggest concern are those listed in blue.  They are my top priorities.  

 

I want to know the cheapest and fastest way to repair my credit.  I don't want to work with collection agencies, if possible.  What I have learned is that I should only repay the original creditor.  Can you provide me with some advice on how to best develop a plan of action to repay the cheapest and fastest way? 

 

  1. ADS/Commentity/Ln Bryant - CLS - Closed

Mon payment - $61 - Balance - $0

*This account was closed and not paid.  My guess is that they have turned it over to a collection account.  I will request this information by week ending and report as soon as posisble.

 

  1. BOA  - Charge off

Bal $2482     -

  • Making monthly payments $12.50 bi-weekly
  1. Bloom/Dsnb - open

$125 balance

 

4.Cap One - Charge - off

Bal - $2504

  1. Discover - current
  2. JPMCB Card - ????

Bal $3465

  1. Merrick Bank Corp - Charge-off

Bal $6603

 

  1. Midland Cred Management - Collection

Bal $1193

 

  1. Navy FCU - Open

Bal $9432

 

  1. Navy FCU - Closed - CLS

Bal $2322

  • Making monthly payments
  1. Pentagon Fed Cr Un - CLS

Bal $4855

  • Making monthly payments

 

  1. PNC Bank - charge off

Reporting degrogatory - disput

 

  1. Premier - Charge-off

Bal $562 written off

  • Dispute

 

  1. Resurgent/LVNV Funding - Collection

Bal$ 2991 -

 

  1. Trident Asset Mgmt - Collection

Bal $384

 

  1. ADS/Commenity/Victoria

Bal $0

 

  1. Barclays Bank - CLS

Paid, never late, 2014

 

  1. Navient/Sallie Mae
  2. Navy Fed Cr Union
  • Clean up - remove
  1. SYNCB/Chevron
  • Paid, closed, never late  reporting until 2022
  1. SYNCB/Old Navy - closed, reporting unitl 2027

 

22. US Dept of EDGLELSI

  • Current
  1. Web Bank/Dell - closed, paid in full

 

 

Hard inquiries

 1. Ally Financial - 10/31/2019

  1. Credit/Koons/Tysons - 10/29/2019
  2. Toyota Motor credit - 10/29/2019
  3. Bank of Amer - 10/25/2019

 

I will update later today with the additional credit information from the remaining reports.

 

Thanks for you help!,

BetrCred - 2020

  

Link to post
Share on other sites

Order paper reports from the big 4!!!!

https://creditboards.com/forums/index.php?/topic/590506-ordering-paper-credit-reports-information-inside/&tab=comments#comment-5623246

 

IDS: https://www.innovis.com/personal/creditReport

 

 

Once you receive paper report from each CRA, determine the DOFD of the tradelines you are most concerned about. You may want to delete any old addresses associated with the bad tradelines BEFORE disputing the tradelines.

Link to post
Share on other sites

Thanks MamaBreeze! 

 

For your response, Please see my disputes/action below.

 

#12 - PNC Bank - charge off

Reporting degrogatory - dispute

 

Dispute:  This account was paid in full.  

 

#13 - Premier - Charge-off

Bal $562 written off

  • Dispute

Action:  I am planning to contact the bank to determine the / any remaining balance on this account.  This account was late and closed by the bank.  THis account also had a security deposit.  Then, I will dispute per the information I obtain from the bank.

 

Thanks,

 

Better Credit

Link to post
Share on other sites
1 hour ago, BetrCred said:

Thanks MamaBreeze! 

 

For your response, Please see my disputes/action below.

 

#12 - PNC Bank - charge off

Reporting degrogatory - dispute

 

Dispute:  This account was paid in full.  

 

#13 - Premier - Charge-off

Bal $562 written off

  • Dispute

Action:  I am planning to contact the bank to determine the / any remaining balance on this account.  This account was late and closed by the bank.  THis account also had a security deposit.  Then, I will dispute per the information I obtain from the bank.

 

Thanks,

 

Better Credit

are you using paper copies of your four consumer credit reports mailed directly to you by the four CRAs?

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




  • Member Statistics

    • Total Members
      182,730
    • Most Online
      2,046

    Newest Member
    Princessxiv
    Joined
×
×
  • Create New...

Important Information

Guidelines