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Help needed!!

Frequent Contributor

Help needed!!

As I began to rebuild, I have had great days and some bad ones..lol  Today, I was alerted that a 6 yar old CO has reported on my EX report.  What could be done about this?  Also, what kind of hit will I take as far as my scores are concerned.  Any help or suggestions? 


Starting Score: 06/2011 505 EX 523 Lender Pulled
Current Score: 08/2011 628 EX 575 Lender Pulled
11/14/2011 TU 584

Goal Score: 700


Take the FICO Fitness Challenge
***Closed on my home 05/18/2012***


Message 1 of 5
4 REPLIES
Moderator Emeritus

Re: Help needed!!

I'd start firing off PFDs.

 

Hit? It depends on how it reports and the debt type. If it is a CC for example and it reports a balance and CL, then there could be a hit due to util. Or maybe it is a CO like a utility then the reported dates matter. On the flip side, if it is an old CO, with an age older than your AAoA, then in some situations, you could see an increase. It all depends.

Message 2 of 5
Regular Contributor

e Re: Help needed!!

I hate when old collections show their ugly heads!   I had 2 show up the beginning of the year.  I settled it and then disputed them b/c the CA said that they wouldn't PFD but I got both removed.  Just stay positive and have a plan of action.  Don't concentrate on how much it will ding your score but on how to get it removed ASAP.

Closed on my 1st home on: 11/30/2011
First Guaranty Mortgage Corporation (FGMC)
Starting Score:Equifax: 490 (01/14/2011)Transunion: 498 (01/14/2011)
Current Score: Equifax: 609(07/09/2012) Transunion: 644 (10/14/2011) Experian: 593 Lender Pull (08/22/2011)

Goal Score: 700

Take the FICO Fitness Challenge


Message 3 of 5
Senior Contributor

Re: e Re: Help needed!!

Don't give up, Mia!

STARTING: 11/24/10 EQ-584 EXP-648 TU04-595
CLOSED FIRST HOME 8/19/11 EQ-630 EXP-691 TU04-653
CURRENT: EQ-701 EXP-??? TU08-720
Message 4 of 5
Highlighted
Frequent Contributor

Re: e Re: Help needed!!


Booner72 wrote:

Don't give up, Mia!



I wont girl.  I will keep fighting... I have 3 more PFD's that will be happening so I am okay with it for right now.


Starting Score: 06/2011 505 EX 523 Lender Pulled
Current Score: 08/2011 628 EX 575 Lender Pulled
11/14/2011 TU 584

Goal Score: 700


Take the FICO Fitness Challenge
***Closed on my home 05/18/2012***


Message 5 of 5