Rebuilding Your Credit

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Valued Contributor
rckstrscott
Posts: 2,244
Registered: ‎04-25-2011

Re: 60 point increase in 5 days...

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‎08-22-2012 07:28 AM

nicholasyud wrote:

Is those charge off with 4 5 years still impact your credit much ? I have two occur in MArch 2008 left unpaid and turn to collection with $ 0 .....? any ideas ?

Charge offs are major derogs, and yes, they will impact your credit for the full 7 years they are able to show on your credit report..

 

What was the basis of the dispute?

 

-scott

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 05/12: TU: 722 | EQ: 712 | EX: 686
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession
Still Working On: Illinois Paid Tax Lien,
Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $3900, Citi/Home Depot $2000, Capital One Cash Rewards $1500, Capital One Secured $500, Credit One Bank $500. Total Utilization: 6%. AAoA: 1yr, 7mth. INQS: 8 TU, 8 EQ, 4 EX
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Valued Contributor
nicholasyud
Posts: 1,589
Registered: ‎08-13-2012

Re: 60 point increase in 5 days...

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‎08-22-2012 11:17 AM

most of the charge off that currently with $0 balance and never paid i have no idea if i own this debt or not DOFD march 2008 .

I currently dispute the collection with 1500 that state that not mine account and they not response  my first dispute and after 30days i sent another dispute and they sent me back letter with more information from me ( midland ). How do i have any information about this account when i dont even know anything about this account ? . I also current complaint with BBB,FTC,........hope i can get it done soon.

I also heard after 4 to 5 years the degrogs not going to affect your account much ? Is that true ? And the balance on the degos was $0 ? i dont know i just need to raise my score around 700 and up so i can qualify for some better rate and get some like Discover or Amex.....i hate those card i had right now.....just paid fees fees and fess

Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK
Goal Score: 800

Walmart: 10k | Usaa: 4k | BCE: 3k | Amex Green: NSPL | Cap: 2k | Disco: 1.7k | ORchar: 0.4k

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