Am I going in the right direction

[Anonymous]

So been working on my husbands credit here are his bads : two collections one PIF and the other is a credit. Are account he said isn't his and has disputed twice and notified then it was a frauduaccount but not removed or updated , then there is a repossession that's 1.5 hrs old with a balance .. The good is he has 2😔 Car loans,2 cap one cards , a Wells Fargo secured and I just added a discover secured as well . At this point he doesn't need anything else correct ? Scores are around 550

[gdale6]

---

@Anonymous wrote:
So been working on my husbands credit here are his bads :

two collections one PIF and the other is a credit. Are account he said isn't his and has disputed twice and notified then it was a frauduaccount but not removed or updated , For an account that isnt his you would use the laws afforded you in the FCRA to have the item excluded from the report.  

http://ficoforums.myfico.com/t5/General-Credit-Topics/Victim-of-Identity-Theft-What-To-Do-to-Protect-Yourself/td-p/2059499

then there is a repossession that's 1.5 hrs old with a balance .. This is still inside SOL in all states so be careful with them they can still sue and I would not contact unless you are able to settle or make settlement payments. If you are in position to deal with it you would want to first attempt a PFD.

http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/PFD-Q-amp-A-Examples-and-PFD-Success-Stories/td-p/2031275

http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/PFD-Example-Letter/td-p/4519

The good is he has 2😔 Car loans,2 cap one cards , a Wells Fargo secured and I just added a discover secured as well . At this point he doesn't need anything else correct ? Looks good to me, let it grow and build while you work on the derogs.

Scores are around 550

---