topic Re: J's Credit Repair Journal in Rebuilding Your Credit

J's Credit Repair Journal

J_S — Sat, 08 Dec 2012 06:46:42 GMT

Redoing my journal to better organize myself.

Baddies:

Home depot $341 - 60 days late - 8/2012

Bank of America $754 - 120 days late - 6/2012

Capital One - $0 - 90 days late - 7/2012

TXU Energy - $110 - CO - 4/2012

Texas Guaranteed - $0 - Payment after CO - 10/2010

Costep Servicing - $0 - 120 days late - 5/2009

Prof Debt - $1920 - Collections - 4/2012

Cba - $81 - Collections - 2/2012

Bekmn Assoc - $774 - Collections - 1/2006

Current open accounts:

Capital One - $300 limit

Home Depot - $600 limit

Starting scores:

TU: 489 EQ: 471

I've sent PIF with GW to BoA and TXU. I've sent GW to the rest except for the collections. I'm a little worried about Prof Debt. I don't have the money to PIF. Should I set up a payment plan and then GW at the end? Save my money and PIF when I can? It's recent so getting sued is a possibility.

Thanks.

Re: J's Credit Repair Journal

sphinx313 — Sat, 08 Dec 2012 06:07:13 GMT

With starting scores like that it's going to be nice to watch you break into the 600's and beyond. Good luck and this is a good start itemizing everything.

Re: J's Credit Repair Journal

Shogun — Sat, 08 Dec 2012 15:28:02 GMT

Absolutely. Set goals and try hard for those goals!!!

Re: J's Credit Repair Journal

J_S — Sun, 16 Dec 2012 20:33:43 GMT

Alert:

Your FICO® score has exceeded your target score of 500

Score Watch alert/Changes to your FICO® Score

Your FICO® score has gone up to 502 on December 16, 2012.

Target score alert:

Your FICO® score has exceeded your target score of 500.

Your FICO score may have gone up because the following factor is not hurting your FICO score as much as before:

You've made heavy use of your available revolving credit.

Baddies:

Home depot $226 - 60 days late - 8/2012

Bank of America $0 - 180 days late - 6/2012

Capital One - $232 - 90 days late - 7/2012

TXU Energy - $110 - CO - 4/2012

Texas Guaranteed - $0 - Payment after CO - 10/2010

Costep Servicing - $0 - 120 days late - 5/2009

Prof Debt - $1920 - Collections - 4/2012

Cba - $81 - Collections - 2/2012

Bekmn Assoc - $774 - Collections - 1/2006

Current open accounts:

Capital One - $300 limit

Home Depot - $600 limit

Starting scores:

TU: 489 EQ: 471

Current scores:

TU:? EQ: 502

Unfortunately, BoA didn't delete the negative information. I'll try to GW them again sometime. Right now I'm thinking I really need to deal with "prof debt". I'm worried I'm going to get sued.

Re: J's Credit Repair Journal

sphinx313 — Sun, 16 Dec 2012 21:20:11 GMT

Looks like you got 31 points or so to me. Congrats! Keep it moving.

Re: J's Credit Repair Journal

J_S — Sun, 16 Dec 2012 21:28:35 GMT

Thanks. It actually dipped to 464 before it jumped up due to an increase in the capital one balance. Actual increase was 38 points. Very encouraging especially after the dip.

Re: J's Credit Repair Journal

sphinx313 — Sun, 16 Dec 2012 21:30:49 GMT

Exactly, take any positive points that come your way, you can't beat the feeling.

Re: J's Credit Repair Journal

Shogun — Sun, 16 Dec 2012 23:36:47 GMT

On your way!!!

Re: J's Credit Repair Journal

J_S — Tue, 08 Jan 2013 02:37:55 GMT

Your FICO® score has gone up to 515 on January 6, 2013.

Target score alert:

Your FICO® score has reached your target score of 515.

Your FICO score may have gone up because the following 4 factors are not hurting your FICO score as much as before:

You've made heavy use of your available revolving credit.
You've made heavy use of your available revolving credit.
You've made heavy use of your available revolving credit.
You've made heavy use of your available revolving credit.

I believe my BofA card was reinstated after I paid them which bumped up my available credit and helped my utilization. Also reported was my TXU payment was posted and is reporting less derogatory.

Re: J's Credit Repair Journal

Shogun — Tue, 08 Jan 2013 02:41:19 GMT

It's moving in the right direction!

Re: J's Credit Repair Journal

Unique620 — Thu, 10 Jan 2013 03:31:32 GMT

Congrats on your progress!