It's old nasty baddies bringing us down.
DH
1 truck repo 07-2004 @$3,500 balance left
1 ATV repo 12-2005 not sure what that one is >$2000
1 collection appeared in July from a three year old cell phone bill $385
3 Credit cards defaulted in spring 2004. @ $6,500 for all three combined
Now he has more than 2 years perfect payment history on our truck loan, has paid off a small installment loan, has a secured credit card ($200 limit) which has been open since August-perfect payment history and we've been keeping util under 35% (with the exception of last month.)-and a new loan secured by our car to pay off a bad credit card for me.
I have:
1 contract for a tanning place I defaulted on 10/2004 $727
1 Lowe's card in default for 1 1/2 years