Hello Im long term reader of forum but this is my first post, all advice is welcome!
Im currently rebuilding my credit after i went to purchase a vehicle and discover I was a victim of identity theft. I had mulitple collection accounts from cellular companies and other utility companys reporting negative. I went through the proper FTC steps and all accounts have been removed. At this point im in the process of starting to build trade lines that a will on my report. Im currently have my own a company I take home salary 155k a year, however my goal is to start investing in real estate this year as I currently own no property. My goal is to get around 15k - 30k in unsecured on my credit lines on my credit report rather it be revolving or installment loans. All scores and reports via Creditchecktotal
Exp: 640
3 Inq: 2 are over a year old
Wisdom Financials: 6 months, 1 Late In Oct
-Open Date 05/01/2016
-60 Months
-Begining Balance: $22,495
-Current Balance: $21,927
-Monthly Payment: $660
-Rate: 22%
Thoughts: Extreme bad loan, Lender very strict got a late payment because I had flood in my aparment and payment was short a $100 dollars charged me almost $100 in late fees, account is now current. I am currently sharing my car with my girlfriend, however she is buying a new vehicle in the next two weeks, I spoke to the dealer about trading in my car to get rid of the loan. I was wold be able to do that with no money down as she has pre approval with capital one 25k at 15% ( still not ideal) but this would make the payments $580 a month she will pay half bring mycar expense down and the loan paid off.
US Department of Education: 7 yerars, 7monhs
-Open Date: 08/01/2010
-Closed Date: 09/01/2010
-Begining Balance: $0 (unsure why)
-Closed Balance: $0
-Paid Satisfactory
Discover AU (account closed): 8 years
-Open Date: 04/01/2009
-Closed Date: 11/01/2016
-Credit Limit $10,300
-Highest Balance: $7,425
-Monthly Payment: $35
-Closed Balance $0
TU: 719
2 inq
US Department of Education: 7 yerars, 7monhs
-Open Date: 08/01/2010
-Closed Date: 09/01/2010
-Begining Balance: $0 (unsure why)
-Closed Balance: $0
-Paid Satisfactory
Discover AU (account closed): 8 years
-Open Date: 04/01/2009
-Closed Date: 11/01/2016
-Credit Limit $10,300
-Highest Balance: $7,425
-Monthly Payment: $35
-Closed Balance $0
EQ: No Score
5 inq
US Department of Education: 7 yerars, 7monhs
-Open Date: 08/01/2010
-Closed Date: 09/01/2010
-Begining Balance: $0 (unsure why)
-Closed Balance: $0
-Paid Satisfactory
My girlfriend also add me to her citi card as a AU 9k limit 0% 3 its statement date was dec 1, but hasnt posted on any of my reports. My questions where should I apply next? Also are my goals obtainable 15- 30k in credit cards or loans? Should I wait to see if the au post or shoud I start applying a now ? Please all advice is welcome.
Good luck!!
