05-08-2007 11:45 AM
No problem, and good luck! I should state that I am just sharing my knowledge. I certainly did not write nor can I take full credit for this or the other letters have shared.
KevKaos wrote:Tuscani,I just mailed off my letter of reconsideration yesterday. I used your letter as my guide and mine ended up being two full pages. I thought it was pretty good, and I'll let you know if it worked. In the meantime, I am now working to get what I believe are invalid lates knocked off my CR. These are the main reason given for my refusal. Thanks for your efforts, I for one, really appreciate them.
05-10-2007 04:10 AM
05-15-2007 02:54 PM
05-16-2007 01:03 AM
05-16-2007 01:12 AM - edited 11-01-2007 10:49 AM
You can write the CRAs, or call, or fax, or dispute online, and get them to update the balances to $0 if you PIF, or wait for them to, but unless you did a PFD in which they promised to delete then I don't believe you'll see much of a FICO improvement. In fact, you might even see a decrease.
I would get the balances reported correctly BEFORE you send off recon letters. You wanna be able to say that PIF these debts, and your potential creditors will wanna see $0 balances--since that's what you told 'em, and under the circumstances I think that's what you wanna offer up.
What are your FICOs?
05-16-2007 10:47 AM
05-16-2007 03:03 PM
05-17-2007 04:50 AM - edited 05-17-2007 04:51 AM
Congrats! People often underestimate the power of reconn. Most fail to realize how computer generated credit approvals\denials actually are.
jandj wrote:So, I've only been on this forum since yeseterday and already I have disputed 2 items with CRA's and I called American Express's Corporate card division and asked to be reconsidered for a card due to several errors on my credit report. I also let them know that my credit score had just gone up 15 points in one month and 58 points 2 months before that, and........I GOT APPROVED!!! Thank you so much for all your help and advice on here. I was very embarrassed and frustrated especially since this was a corporate card so my company knew that I was originally declined. This saves me much heartache and headache! Moral of the story is it's definitely worth asking again!