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Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
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Re: Credit Report is on life support!!! 37 hits

Look bad?  Not necessarily.  If it's a 30 or 60 day late, it's a minor derog.  They lose quite a bit of their sting after a year and don't really factor in after 2 years.  Most often these accounts are doing much more good for your CR than bad.


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Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
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Re: Credit Report is on life support!!! 37 hits


jfkg28 wrote:

This is the same one but shows the date...

 

 

 

 

Account Name:

No match found.

No match found.

HEARTLND B&T
Account #:  180500008712XXXX
Payment Status:  Paid or paying as agreed
Account Type:  Installment Loan
Balance:  $0
Date Open:  05/07/2003
Last Updated:  01/20/2004
Account Status:  Closed
Terms:  12 Months
Phone #:  No Phone Provided

That's a positive account that's doing nothing but adding to your AAoA.  Leave it be as long as it will stay.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Moderator
guiness56
Posts: 22,406
Registered: ‎01-17-2008
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Re: Credit Report is on life support!!! 37 hits

[ Edited ]

Only negatives come off at 7 - 7.5 years.  Positive TL stay for up to 10 years, or longer, from the date closed.

 

Once that late payment comes off your SL, it will be positive again.

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Senior Contributor
myjourney
Posts: 26,656
Registered: ‎02-07-2013
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Re: Credit Report is on life support!!! 37 hits


guiness56 wrote:

For starters, I would pull your reports from annualcreditreport.com.  You get 1 free from each CRA every 12 months.  Those have a 81 or 82 month payment history.  They are also more detailed and accurate than the ones from a 3rd party.

 

Were you ever late on the SLs?


I agree with this annualcreditreport is much more accurate and detailed 

IMHO i don't think its as bad as you think OP its just you looked at a 3rd party report 

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Established Member
jfkg28
Posts: 70
Registered: ‎07-24-2013
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Re: Credit Report is on life support!!! 37 hits

I am taking your advise and pulling up all 3 reports from that website. You are correct... it does show a lot more information then the site I am paying for! Im copying everything into MS Paint and saving every detail possible... this will take a long time!


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jfkg28
Posts: 70
Registered: ‎07-24-2013
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Re: Credit Report is on life support!!! 37 hits

[ Edited ]

Experian is showing 4 accounts in bad standing and 10 accounts in good standing. I wont bother with the good accounts but Ill post the bad accounts.

 

 

 

Account #1 This account isnt up to date but I just paid In full yesterday

 

Status:
Collection account. $160 past due as of Jun 2013.
 
 

Date Opened:
03/2013
Date of Status:
06/2013
Reported Since:
06/2013
Last Reported Date:
06/2013

Type:
Collection
Terms:
1 Months 
Monthly Payment:
$0
Responsibility:
Individual 

Credit Limit:
$160
High Balance:
N/A 
Recent Balance:
$160
Recent Payment:
$0

 

 

Payment History:
2013

JUN

C
 

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Established Member
jfkg28
Posts: 70
Registered: ‎07-24-2013
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Re: Credit Report is on life support!!! 37 hits

[ Edited ]

Account #2

 

 

Status:
Paid in settlement. $470 written off.

Status Details:
This account is scheduled to continue on record until Dec 2017.
This item was updated from our processing of your dispute in Aug 2012.
 

Date Opened:
09/2010
Date of Status:
08/2012
Reported Since:
09/2010
Last Reported Date:
08/2012

Type:
Charge Card
Terms:
N/A 
Monthly Payment:
$0
Responsibility:
Individual 

Credit Limit:
N/A
High Balance:
$470 
Recent Balance:
N/A
Recent Payment:
N/A
 

Creditor's Statement:

Account legally paid in full for less than full balance.

 

 
 
 

Account History:

Charge Off as of Aug 2012
150 days past due as of Jul 2011
120 days past due as of Jun 2011
90 days past due as of May 2011
60 days past due as of Apr 2011
30 days past due as of Mar 2011
 

Balance History
- The following data will appear in the following format:
account balance / date payment received / scheduled payment amount / actual amount paid
Jun 2012: $470 / no data / no data / no data
May 2012: $470 / no data / no data / no data
Apr 2012: $470 / no data / no data / no data
Mar 2012: $470 / no data / no data / no data
Feb 2012: $470 / no data / no data / no data
Jan 2012: $470 / no data / no data / no data
Dec 2011: $470 / no data / no data / no data
Nov 2011: $470 / no data / no data / no data
Oct 2011: $470 / no data / no data / no data
Sep 2011: $470 / no data / no data / no data
Aug 2011: $470 / no data / no data / no data
Jul 2011: $470 / no data / no data / no data
 

Limit High Balance History:

Between Jul 2011 and Jun 2012, your credit limit/high balance was $300

 


Starting Score: 515
Current Score: 576
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Established Member
jfkg28
Posts: 70
Registered: ‎07-24-2013
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Re: Credit Report is on life support!!! 37 hits

Account #3 I am taking the Payment history off so it doesnt stretch the post but basically everything is OK except July 2007 i was 60 days late and Aug 2007 I was 90 days late and I refinanced May 2012

 

Status:
Refinanced,closed.
 
 

Date Opened:
09/2006
Date of Status:
05/2012
Reported Since:
10/2006
Last Reported Date:
05/2012

Type:
Education
Terms:
21 Months 
Monthly Payment:
$0
Responsibility:
Individual 

Credit Limit:
$656
High Balance:
N/A 
Recent Balance:
N/A
Recent Payment:
N/A
 

Creditor's Statement:

Account closed due to refinance.

 

Account History:
90 days past due as of Aug 2007
60 days past due as of Jul 2007
 

Balance History
- The following data will appear in the following format:
account balance / date payment received / scheduled payment amount / actual amount paid
Apr 2012: $965 / January 17, 2007 / $50 / no data
Mar 2012: $965 / January 17, 2007 / $50 / no data
Feb 2012: $880 / January 17, 2007 / $50 / no data
Jan 2012: $880 / January 17, 2007 / $50 / no data
Dec 2011: $880 / January 17, 2007 / $50 / no data
Nov 2011: $880 / January 17, 2007 / $50 / no data
Oct 2011: $880 / January 17, 2007 / $50 / no data
Sep 2011: $880 / January 17, 2007 / $50 / no data
Aug 2011: $880 / January 17, 2007 / $50 / no data
Jul 2011: $880 / January 17, 2007 / $50 / no data
 

Limit High Balance History:

The original amount of this account was $656

 


Starting Score: 515
Current Score: 576
Goal Score: 700


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Established Member
jfkg28
Posts: 70
Registered: ‎07-24-2013
0

Re: Credit Report is on life support!!! 37 hits

Account #4 This account isnt updated but I just paid in full the other day.

 

Status:
Open. $117 past due as of Jun 2013.
 
 

Date Opened:
07/2012
Date of Status:
06/2013
Reported Since:
07/2012
Last Reported Date:
06/2013

Type:
Unsecured
Terms:
12 Months 
Monthly Payment:
$117
Responsibility:
Individual 

Credit Limit:
$1,513
High Balance:
N/A 
Recent Balance:
$117
Recent Payment:
$100

 

 

Account History:
90 days past due as of May 2013
60 days past due as of Apr 2013
30 days past due as of Jun 2013, Mar 2013
 

Balance History
- The following data will appear in the following format:
account balance / date payment received / scheduled payment amount / actual amount paid
May 2013: $436 / May 28, 2013 / $150 / $140
Apr 2013: $917 / March 2, 2013 / $150 / no data
Mar 2013: $917 / March 2, 2013 / $150 / no data
Feb 2013: $917 / February 23, 2013 / $150 / $150
Jan 2013: $1,009 / December 3, 2012 / $150 / $150
Dec 2012: $1,009 / December 3, 2012 / $150 / $150
Nov 2012: $1,137 / October 31, 2012 / $150 / $150
Oct 2012: $1,137 / October 31, 2012 / $150 / $150
Sep 2012: $1,380 / September 30, 2012 / $150 / $1
Aug 2012: $1,380 / August 16, 2012 / $150 / $21
Jul 2012: $1,513 / July 29, 2012 / $150 / $1
 

Limit High Balance History:

The original amount of this account was $1,513

 

 


Starting Score: 515
Current Score: 576
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Moderator
guiness56
Posts: 22,406
Registered: ‎01-17-2008
0

Re: Credit Report is on life support!!! 37 hits

Since these are all paid, if they are collections ask in a GW to have the TL removed.  If they only have late payments and are from an OC, send a GW asking for the lates to be removed.


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