Credit Cards Center Credit cards from our partners
Reply
Regular Contributor
Posts: 112
Registered: ‎05-16-2007
0

Re: Need Serious Advice (honest advice too)

[ Edited ]
I'm wondering if you couldn't cut a deal with the car lender about the charge-off. You pay them some of what they charged off and they delete it from your credit report. Even if it cost you a few thousand dollars if that's the main thing keeping down your score it would be worth it. The difference in future mortgage interest (asssuming you own or buy a house)has to be much more. Also take steps to make sure there is no other loan that your ex could do this to you on.

Message Edited by rhinocl on 08-31-2007 11:56 AM
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0

Re: Need Serious Advice (honest advice too)



cardsgalfan wrote:
I have recently got two new credit cards to improve my scores
...
I haven't had a car loan in 5 years in my name alone.  The last car loan I had was with an ex, and when we split, he took the car and let it get repo'd which of course shows up on me.
 
After reading some of the positive things about roadloans, I tried them and they denied me.  Any suggestions?

Keep the util on your CCs low, or zero. Check out the Friendly CC link in my sig.
 
CUs are probably your best bet for both CCs and car loans. Visit a local one. In the office, over the desk, looking someone eye to eye.
 
Are 530, 552, and 516 your FICO scores?
 
Any other bads on your CRs?
 
Per the terms of your divorce decree, you can sue your ex over letting the car get repoed. Unfortunately, that's the only "protection" built into divorce decrees and shared debt.
 
Frequent Contributor
Posts: 313
Registered: ‎04-01-2007
0

Re: Need Serious Advice (honest advice too)

Have you tried House Hold Auto or Wachovia?

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.