01-23-2013 11:20 AM
I have been in this community for a little over a month and I think its time for me to start a credit repair journal to hold myself accountable for what I do both good and bad.
To start, I want to say thanks in advance for the encourgement and words of wisdom. I have a lot of work to do but I plan on achieving all of my goal. All suggestions are welcomed and appreciated.
My credit score started at 497 as of 12/20/2012. 5 baddies (2 CA's and 3 C/O's). As of yesterday I sent 4 PFD letters with settlement offers; if unable to settle I am prepared to PIF those accounts. I sent a GW letter to my oldest account that was a CO but I PIF about two years ago.
Details of my baddies are as follows:
-American Recovery Systems (Bailey's Powerhouse Gym) CA account, balance: $807
-Enhanced Recovery Corp. (Sprint) CA account, balance $534
-University of Phoenix (Apollo Group) CO account, balance $4165 (they have offered to settle at 50% but I have not confirmed it would be a PFD yet)
-JEA (electric company) CO account, balance $114
-Sunbelt Credit CO account, balance $983
I have student loans that went into default and I have reached out to the Sallie Mae advocate office asking for a GW adjustment since I got back on track and actually started attending school again!!
I still need to GW First Premier but I do not have a contact for them yet. They were settled about two months ago but I didnt sent a PFD letter because I wasnt on these forums yet!
Santander is who my car is financed with. I have had several late payments with them in the last two years but the account is now current. 9x30, 4x60, 2x90 (in the last two years) I know horrible... had a lot of stuff going on.
-Vystar Credit Union Credit Card (secured, doesnt report as secured) $1000 limit
-USAA Secured Credit Card $500 limit
-Santander revolving car note $297.02 monthly
-Credit score in the 640+
-Purchase my first home
-Obtain 3-4 decent balance unsecured credit cards (balances over $2k)
-Purchase a car with a decent interest rate (8% or lower)
02-13-2013 05:34 AM
I previously had a credit card and bank accounts with Vystar, which is a credit union, and I currently have a checkings and a savings account with them. They did not pull my credit when I requested the secured card.
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.
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.