@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:I took a look at the list again and I see your Lowes card is almost maxed out? Am I reading that right?
Also, if you have 5 Capital One cards with available credit on all five cards around $3,000, how come you have a balance of over $5,000? Am I reading that right? If the answer to my question is yes, then how did you do the math to get 30% utilization?
the lowes one, it its maxed out, my brother uses that one alot, he own a lil contruction company and he uses the card to buy tools and stuff. he send big chunk to it but by the time they reported to the credit he has used the card again.
the capital one i have 5
1300- 412
2000- 1998 ( my other brother uses this card.
2000 - 1882 ( i am sending 1200 to this one on friday
2000- 988 ( next week im sending 300
2000 -600
The lates, the maxed out cards, the inquiries etc. are what is doing you in when it comes to your score. To see some relieve, pay all these off to at least get your scores back in the 600s at least.
Can you take the Lowes and Capital One cards from your brothers? If your brother has a construction company, he should get his own card for business. Your other brother has the other Capital One card maxed out too. He should get his...
Take them both away from them if you can can. Get the balances down at least. At some point, you have to say enough is enough otherwise, you won't be able to accomplish your own goals [ Getting a mortgage and providing a home for your two boys]. So put your needs and aspirations first.
i honestly couldnt agreed more with you. i am 100% on that opion. and i have to do it as soon as posible. the faster the better. i will call them tomorrow and ill have a talk with them. hopefully they wont get mad and if they do, life goes on. sometimes helping can hurt the one that is giving the help.
hopefully by paying them off ( as many as i can) i will see a difference on my credit, i honestly cancel the membership with my fico, because seen all those alerts and seen my credit score going down its not making me feel any better.
thank you for all of your advice, i honeslty appreciate them all. after all the adviced and opinion it has help me see things a bit different. i guess sometimes it helps having someone else to help you on seen the bigger picture. and indeed i need to put my aspirations first.
Yes-Its-Me and others have given you some really solid advice. By reading through the whole post I can see that you have really kept an open mind and grasped the concept of what needs to be done and how to do it. You seem like a wonderful person, that you help your family out with money and everything, but as the saying goes "do not lend money to friends or family unless you are ready to part with it".
You have some long-term goals, like getting a mortgage, that are much more important for you and your children than someone in your family getting their "feelings hurt". I assume that your brothers are all at the age where they can acquire credit and you should keep it at that. Let them apply, get approved, pay, and get notifications on their myfico about alerts and the sort 
You did something commendable in this day and age where family and money does not seem like a good mix. You came out of it in relatively low debt, but with a good lesson and some great advice on how to proceed. I wish you the best of luck, and hope you never run into problems like this in the future.