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Credit Advice

tag
Lechte
Frequent Contributor

Credit Advice

I have quite a few negatives on my credit report...most are about to fall off in 2015, thats including a BK in 2005...i have 2 in collections that im gonna try PFD. My scores were 569, 573, and 596 a month ago before I disputed and had 3 negs removed, successfully PFD a $105 Collection, and PIF a $75 collection.

I currently have a care credit (ge capital) $4k limit with $1350 balance and a student loan $2100 balance. Im an AU on a Lowes credit card that has $0 balance (unsure of credit limit). After 2015, i will have 4 negs on my CR....2 student loans that were sold to Sallie Mae that i am now paying, 1 CO credit card sold to CA, and the $75 PIF collections.

Whats my best route and what kinda score can I expect to see in the next 2 years as long as I pay everything accordingly? I'm leaning towards getting a secured CC and a joint CC, and maybe a small installment loan. Thatd put me at 4 open CCs and 2 installments. Would I be good to leave 3 of the CCs with $0 balance and let 1 report 1-9% balance each month?

Any advice would be much appreciated

(EX08 - 654) --- (TU08 - 643) --- (EQ08 - 667) --- (EQ04 - 676)


Message 1 of 4
3 REPLIES 3
Lechte
Frequent Contributor

Re: Credit Advice

And should I ask for CLI on my care credit?

Btw, the Student loans were transferred in April 2013, the CO credit card was in 2011, and the PIF collections was in 2011
(EX08 - 654) --- (TU08 - 643) --- (EQ08 - 667) --- (EQ04 - 676)


Message 2 of 4
coldnmn
Mega Contributor

Re: Credit Advice

Welcome to the forum! More information is needed.  Average age of accounts age of oldest TL. The one card <9% is a good idea. CareCredit is a hard pull unless you need the CLI IMHO I would wait. With more information you will get some very good information.

Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
Sam's Mastercard $15k / Walmart Mastercard $10k / Blispay $7.5k PayPal Ex MC $10.8k
CareCredit 5k / Husq $5k / Cap1 QS $4.5k / Barclay Ring $5.35k / Citi DC (WMC) $12k
Gardening Date 7/01/16 / MyFico 08: EQ 801 / TU 777 / EX 771 / 06/08/17
Message 3 of 4
Lechte
Frequent Contributor

Re: Credit Advice

AAoA is 2 yrs...Oldest TL is 4 yrs
(EX08 - 654) --- (TU08 - 643) --- (EQ08 - 667) --- (EQ04 - 676)


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