Good day,
I want to make this the starting point of my journey to homeownership. I know that posts on message boards can be very interpersonal but I want everyone to know that I appreciate any advice or help given.
A short bio.
I am a 29 year old male. I grew up fast and moved out of my house when I was 18. I put myself through school and had my own place when others are usually still living off the teats of mommy and daddy. I made mistakes mainly from having no financial guidance and plainly being over my head. I went through most of my 20s struggling financially pretty hard. I had to pick and choose what bills to pay and I got a sense of apathy as I just started not to care about my finances as I figured I was already ruined.
A phoenix rising from the ashes.
I am in a good place. I feel optimistic and relatively stress free. The only thing that stresses me out is paying off these debts and getting my creditworthiness back.
In October I am getting married to my beautiful fiance and I have a nice comfortable job where I make about 75k a year. I am finally in the position to tackle this thing and never look back.
Where I am at right now.
My FICO score as of right now is 523. Makes me cringe hard. My EX is my highest score at 576. My EQ is 523 and my TU is 525.
All 3 of my credit bureaus vary from the information that is on them.
What I have done so far.
I have literally no positive tradelines whatsoever. I opened up 3 secured cards this week to build credit which I haven't even received yet . I will always stay below 25% utilization no matter what and just buy gas and groceries with them and pay them off. The cards are Capital One Secured $200 limit, Fingerhut(cringe I know), and First Progress with a $300 Limit. I am also on the last month of my student loan rehab. So those tradelines should be healthy after and a nice positive tradeline added.
The nitty gritty.
Here are the contents of my reports.
Judgment:
1/29/2010
$2,653
This remains unpaid. I am not sure how to approach this. There is an attorney that is basically forcing me to pay and keeps sending capias warrants if I don't. However the balance I have to pay is roughly $7000. I have literally no paperwork for this as I never showed up for the initial hearing.
RI Student Loan Authority
Date Opened 5/1/2009
Account Status: Closed
Date of first Delinquency: 5/2008
Comments: Paid Collection
Santander Bank
Installment Loan
Balance:$5434
Date Opened 7/12/2007
Date of first Deliq: 02/2009
Status: Charge-off
Nelnet Loan Services
11-120 day late marks
Date Opened:11/27/2004
Date Closed:05/2009
Comments: Transferred/Closed
Nelnet Loan Services
11-120 day late marks
Date Opened:11/27/2004
Date Closed:05/2009
Comments: Transferred/Closed
US Dept. of Education
Balance $3,656
Date of first major delinq:09/2012
Comments:Collection
COLLECTIONS
CA:Action Credit Alliance of Boston
OC:Memorial Hospital of RI
Balance: $233
Opened 12/1/2011
CA:Action Credit Alliance of Boston
OC:Memorial Hospital of RI
Balance: $560
Opened 1/1/2011
CA:EOS-CCA
OC:Narragansett Electric
Balance:$409
Date Opened 3/1/2013
CA:EOS-CCA
OC:ATT Mobility
Balance: $435.00
Date Opened:8/1/2012
CA: Midland
OC:T-Mobile
Balance $1111
Opened 2/1/2013
