topic Re: Madmann26's rebuild thread in Rebuilding Your Credit

Madmann26's rebuild thread

madmann26 — Fri, 14 Sep 2012 22:33:36 GMT

Just a way to keep track of my rebuild.

Start date: 8/30/2012

Collections pulled to date: 3

Collections with balances: 2

Charge-off's with balances: 1 (was 2 today, paid one off and GW'd it)

Applied for an NFCU secured card with a $500 limit and will have it next week.

Re: Madmann26's rebuild thread

AZHeather — Fri, 14 Sep 2012 22:15:40 GMT

Good luck!

Re: Madmann26's rebuild thread

madmann26 — Sat, 15 Sep 2012 17:56:24 GMT

Just applied for a WellsFargo secured card. It'll be a toy limit but my progress has started.

Re: Madmann26's rebuild thread

Shogun — Sun, 16 Sep 2012 04:16:30 GMT

Progress is progress. Good Luck!

Re: Madmann26's rebuild thread

madmann26 — Mon, 17 Sep 2012 18:55:37 GMT

Update

Start date: 8/30/2012

Charge-off's with balances: 0 (finally found who to pay for Cap1 and paid it. Will be GW'ing it)

Though, my balances haven't been updated so no move in score. Just waiting patiently.

Re: Madmann26's rebuild thread

madmann26 — Wed, 26 Sep 2012 14:37:15 GMT

Update:

One of my CO is now reporting a $0 balance. I am still waiting on the balance on the other CO to report $0.

Re: Madmann26's rebuild thread

bahbahd — Wed, 26 Sep 2012 14:44:06 GMT

Let us know about the GW luck with CapOne. I'm pretty sure they are hard to convince.

Re: Madmann26's rebuild thread

madmann26 — Thu, 27 Sep 2012 16:40:31 GMT

Another update:

My Cap1 CO, while not being reported yet as $0, Cap1 does acknowledge that the account has been paid. Just waiting for my CR to update. Another CO is now reporting a $0 balance.

That leaves 2 CA to deal with and I will be "clean", so to say. I'm still waiting to get 2 paid CA's off my CR. Since I didn't have any response to my GW attempts with these 2, I started the dispute process in hopes that at the end, they just fall off.

It's progress. But any progress is good.

Thanks to everyone who has contributed to this site over the years. The information here is invaluable.

Re: Madmann26's rebuild thread

Cadillac-XTS — Thu, 27 Sep 2012 16:43:40 GMT

Congrats

Re: Madmann26's rebuild thread

TheConductor — Thu, 27 Sep 2012 16:52:49 GMT

Cap1 is slow to update the balances, but they do eventually do it.

Good luck on a GW with them. They're not particularly receptive to GW and practically impervious to PFD, but you may get lucky.

Even if you don't get lucky, they did delete the entire payment history of my tradeline when I paid the CO, and that alone was sufficient to bump up my FICO despite still having the CO reporting.

Re: Madmann26's rebuild thread

madmann26 — Tue, 02 Oct 2012 13:08:58 GMT

Update:

My 2 CO's are now paid. I am waiting for them to update.

After a few setbacks while trying to get back into the rebuilding game with CC's, I have my first one enroute. I'll be an AU on my wife's Cap1 card.

It gets discouraging when you have certain goals in mind or want to do something and keep getting pushed back. Just keep your head up and strive to move forward.

Re: Madmann26's rebuild thread

madmann26 — Wed, 03 Oct 2012 18:40:48 GMT

Update:

I've just apped for the NFCU Secured Card. I will starting out with a $500 limit and will be getting that line increased to $2k by December.

Re: Madmann26's rebuild thread

madmann26 — Fri, 05 Oct 2012 12:12:59 GMT

Navy Federal Love,

1 of 4
FRM:CCNotifications@navyfederal.org
SUBJ:NFCU Update
MSG:Your credit card has been approved! Thanks for choosing Navy Federal,

10/04/2012

Classic Secured Visa

CC8YRPWXT7CW

Approved

Re: Madmann26's rebuild thread

madmann26 — Sun, 07 Oct 2012 00:43:44 GMT

Well.

Was sitting here watching tv and a got an email about a score change. I log in and see a +38 point increase. This is because of a balance update to 2 charge-offs. Though, one of them is still wrong but I'll take it.

At one point my FICO score dipped to 511 but had been at 517 for a couple of weeks.

Thanks to everyone for the encouragement.

Re: Madmann26's rebuild thread

S7 — Sun, 07 Oct 2012 01:24:10 GMT

Congrats on the increase!

Re: Madmann26's rebuild thread

daskon — Sun, 07 Oct 2012 15:44:14 GMT

Madmann,

The CO's that you paid on, were they reporting the balance as past due balance from the OC? Im hoping to see an increase to my scores also from paying my last CO that shows past due or delinquent. Some have said that paying a CO will not affect scores?

Re: Madmann26's rebuild thread

madmann26 — Mon, 08 Oct 2012 00:20:05 GMT

The CO balance is being factored into your utilization which is killing your score, as it was mine.

Re: Madmann26's rebuild thread

Shogun — Mon, 08 Oct 2012 00:47:04 GMT

Looking good! Keep it going!

Re: Madmann26's rebuild thread

madmann26 — Mon, 08 Oct 2012 10:53:17 GMT

I just pulled my TU FICO and it's up to 564. I would really like to break the 600 mark my the first of the year but I don't know if that will happen. I'll just keep plugging away.

Re: Madmann26's rebuild thread

madmann26 — Thu, 11 Oct 2012 00:00:14 GMT

Stallings Financial CA is gone. That's worth 12 FAKO points.