Hello Everyone,
I recently joined this forum to research ways to start rebuilding my credit and have found some good information, although not as specific as i would like. Hoping to get some good advice from those of you who have had great success. Some background, I currently have 6 charge offs currently reporting on my report from 2015/2016 after I lost my job and was unable to pay. The total debt is about 7500$. I have been paying payments to the original creditors (Capital One, Barclays) and back in 2016 I was making payments to collection agencies for 2 chase cards (Southwest Rewards and Amazon Visa) but stopped doing that after my finances got tight again. My other 2 cards are with Kohls and Tires Plus, a car repair card. I have listed the balances below. I started trying to rebuild my credit april of last year by obtaining a Credit One card with a limit of $600. I still have an open Victoria Secret card with a zero balance of $700 credit limit. My current Fico 8 scores are listed below. I really want to raise my credit scores and I'm not sure if I need to start with pay for deletes, good wills or debt validation. Please any feedback will be very much appreciated.
Negative Accounts:
Capital One CO: $881
Barclay Card CO: $2724
Kohls CO: $703 - Deleted from Equifax
Chase Amazon Visa CO: $772
Chase Southwest Visa CO: $1819
Credit First Tires Plus CO: $418
Current Accounts:
Credit One: Balance of $112 out of $600 CL
Victorias Secret: $0 Balance of $700 Credit Limit
Capital One Auto: $11400 Balance which has been paid off as of yesterday 3/19/2018 with trade in. I will no longer have vehichle with balance in my name. Spouse put new vehicle only in his name.
Current Credit Scores:
TU: 624
EQ: 626
EX: 614
Capital One Credit Wise: 635
Thanks for any and all advice.
