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Established Member
chad27
Posts: 29
Registered: ‎01-18-2009

What Gives

Hello all been a while since i have been on. The problem im having is citi bank cards no matter what i can not get. My report is  as follows 5 installment loans all paid on time two paid off. The kicker is two of those are loans through citi bank which have two more yrs to pay already paid 13 mths never late.the only bad thing i have is a old power bill collection that was reported paid in 07. I have contacted the collection company they have sent me papers agreeing to delete it. The denial letters i get from citi state collections on file i only have that one. and i willing to bet when it gets deleted from the file this mth. They will have some other crazy reason for denial. I think the system for those cards are fico driven. Oh and i also have a credit card that it now closed i had for 5 mths never late or over limit
EX 632,TU 629,EQ 655
Moderator Emerita
Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,115
Registered: ‎04-01-2007

Re: What Gives

Sorry, that must be frustrating! But I have to ask, why don't you just take your business elsewhere? And of course, never apply for anything with a newish collection. That's a kiss of death there.

Congrats on getting the utility collection off, or soon to be off! No apps until you've pulled all three reports and you see it's gone. :smileywink:
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Established Member
chad27
Posts: 29
Registered: ‎01-18-2009

Re: What Gives

I wonder how much my score will go up
EX 632,TU 629,EQ 655
Senior Contributor
creditwherecreditisdue
Posts: 4,923
Registered: ‎04-19-2009

Re: What Gives


chad27 wrote:
I wonder how much my score will go up

 

Reporting collection accounts are a real show stopper. If that is your only baddie you will be pretty surprised by the change after it is removed. (Might prompt a scoring bucket change!) You will still have a thin credit file with little/no revolving TL experience, but at least you will be able to work on that.

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