cancel
Showing results for 
Search instead for 
Did you mean: 

Help with My Strategy

tag
johnwantsahouse
Contributor

Help with My Strategy

Before I start this journey, I wanted to list my strategy to make sure I'm on the right path.  I'm open to any comments/suggestions.

 

Should I try to PFD? If so, does anyone know what amount I should offer?

 

Aac

Status as of

Apr, 2012

Date opened

Apr, 2009

Date of last activity

Sep, 2006

Largest past balance

$843

Account Type

Open Account

Account holder

Individual

Industry

Factoring Companies

 

Balance

Current Status

Past Due Amount

$1,130

120+ days past due

$1,130

 

Seven year payment history

30 days late

0 times

60 days late

0 times

90+ days late

0 times


----------------------------------------------------------------------------------------------------------------------------

Not sure why it’s showing in the accounts section cause it’s actually a collection.  Should I DV?

 

Palisades

Status as of

Apr, 2012

Date opened

Dec, 2007

Date of last activity

Jan, 2006

Largest past balance

$745

Account Type

Open Account

Account holder

Individual

Industry

Factoring Companies

 

Descriptions

  • Collection account

No contact information provided by Equifax

Balance

Current Status

Past Due Amount

$745

120+ days past due

$745

 

Seven year payment history

30 days late

0 times

60 days late

0 times

90+ days late

0 times


----------------------------------------------------------------------------------------------------------------------------

 

Tried a PFD for $300.  Got a letter basically saying NO and the info to the collection company.  Should I try another PFD for $548 or maybe $600 to try and get it off?

 

Fst Premie

Status as of

May, 2011

Date opened

Jul, 2009

Date of last activity

Nov, 2010

Largest past balance

$548

Account Type

Revolving

Account holder

Individual

Industry

National Credit Card Cos.

 

Descriptions

  • Charged off account
  • Credit Card

No contact information provided by Equifax

Balance

Current Status

Past Due Amount

$548

Bad debt/collection

$548

 

Seven year payment history

30 days late

1 time (Dec 2010)

60 days late

1 time (Jan 2011)

90+ days late

2 times (Mar 2011, Feb 2011)


----------------------------------------------------------------------------------------------------------------------------

Plan is to send a GW for late payments.

 

Ahf

Status as of

Feb, 2011

Date opened

Sep, 2005

Date of last activity

Sep, 2008

Largest past balance

$25,464

Account Type

Installment

Account holder

Joint

Scheduled Payment Amount

$454

Industry

Auto Financing

 

Descriptions

  • Consumer says account never late
  • Closed or paid account / zero balance

No contact information provided by Equifax

Balance

Current Status

$0

Pays account as agreed

 

Seven year payment history

30 days late

3 times (Oct 2007, May 2007)

60 days late

1 time (Jun 2007)

90+ days late

0 times

 

Worst Delinquency

60 days past due


----------------------------------------------------------------------------------------------------------------------------

 

This has been paid off.  Should I try GW to get the whole thing removed?

 

Sbc Cr Cd

Status as of

Oct, 2010

Date opened

Jun, 2005

Date of last activity

Dec, 2006

Largest past balance

$2,500

Account Type

Revolving

Account holder

Individual

Industry

All Banks

 

Descriptions

  • Account transferred or sold
  • Paid collection

No contact information provided by Equifax

Balance

Current Status

$0

120+ days past due

 

Seven year payment history

30 days late

2 times

60 days late

1 time

90+ days late

4 times (May 2007, Apr 2007, Mar 2007)

 

Worst Delinquency

120+ days past due


----------------------------------------------------------------------------------------------------------------------------

 

Not sure why it’s showing in the accounts section cause it’s actually a collection.  Should I DV?

 

Portfolio

Status as of

Apr, 2009

Date opened

Jul, 2007

Date of last activity

Jul, 2006

Largest past balance

$604

Account Type

Open Account

Account holder

Individual

Industry

Factoring Companies

 

Descriptions

  • Consumer disputes this account information
  • Collection account

No contact information provided by Equifax

Balance

Current Status

Past Due Amount

$662

120+ days past due

$662

 

Seven year payment history

30 days late

0 times

60 days late

0 times

90+ days late

0 times


----------------------------------------------------------------------------------------------------------------------------

 

Not sure what to do with this one.  I ended up getting an unsecured card from them a few weeks ago with a $300 limit.

 

  Cap One

Status as of

Apr, 2009

Date opened

Jun, 2006

Date of last activity

Sep, 2006

Largest past balance

$643

Account Type

Revolving

Account holder

Individual

Industry

All Banks

 

Descriptions

  • Account transferred or sold
  • Charged off account

No contact information provided by Equifax

Balance

Current Status

$0

Bad debt/collection

 

Seven year payment history

30 days late

1 time

60 days late

1 time

90+ days late

3 times (Feb 2007, Jan 2007, Dec 2006)

 

Worst Delinquency

120+ days past due

  

 

Current Score:EQ-660 (FICO) / TU-677 (FICO) (3/10/14)
6/8/12 Score:EQ-640 / TU-650 / EX-656 (All FICO Lender Pulls 6/8/12)
6/5/12 Score:EQ-640 / TU-638 / EX-656 (All FICO Lender Pulls 6/5/12)
6/1/12 Score:EQ-640 (FICO) / TU-618 (FICO) /EX-670 (FAKO)
Starting Score:EQ-542 TU-574 (4/30/2012)
Message 1 of 6
5 REPLIES 5
johnwantsahouse
Contributor

Re: Help with My Strategy

Now for Collections

Should I DV? I don’t even know what/who this is.

 

Collection on debt to: Breymann Financ

The collection agency "241YC00365" was hired to collect a debt of $434 originally owed to "Breymann Financ" on account number "XXXXXX".

Collection agency

241YC00365

Original balance

$434

Current balance

$643

Date assigned

Jun, 2009

Original lender

Breymann Financ

Account number

XXXXXX

Account holder

Individual


----------------------------------------------------------------------------------------------------------------------------


Plan is to DV

 

  Collection on debt to: Suddenlink

The collection agency "831YC01142" was hired to collect a debt of $475 originally owed to "Suddenlink" on account number "XXXXXX0776".

Collection agency

831YC01142

Original balance

$475

Current balance

$475

Date assigned

Jan, 2008

Original lender

Suddenlink

Account number

XXXXXX0776

Account holder

Individual

Account descriptions

Consumer disputes this account information
Collection account


----------------------------------------------------------------------------------------------------------------------------

 

Plan is to DV

 

  Collection on debt to: Suddenlink

The collection agency "831YC01142" was hired to collect a debt of $141 originally owed to "Suddenlink" on account number "XXXXXX0777".

Collection agency

831YC01142

Original balance

$141

Current balance

$141

Date assigned

Jan, 2008

Original lender

Suddenlink

Account number

XXXXXX0777

Account holder

Individual

Account descriptions

Consumer disputes this account information


----------------------------------------------------------------------------------------------------------------------------

 

Plan is to DV....Charter has no record of me.

 

  Collection on debt to: Charter Communi

The collection agency "682YC05551" was hired to collect a debt of $232 originally owed to "Charter Communi" on account number "XXXXXXXX".

Collection agency

682YC05551

Original balance

$232

Current balance

$232

Date assigned

Jan, 2009

Original lender

Charter Communi

Account number

XXXXXXXX

Account holder

Individual

 

Current Score:EQ-660 (FICO) / TU-677 (FICO) (3/10/14)
6/8/12 Score:EQ-640 / TU-650 / EX-656 (All FICO Lender Pulls 6/8/12)
6/5/12 Score:EQ-640 / TU-638 / EX-656 (All FICO Lender Pulls 6/5/12)
6/1/12 Score:EQ-640 (FICO) / TU-618 (FICO) /EX-670 (FAKO)
Starting Score:EQ-542 TU-574 (4/30/2012)
Message 2 of 6
rckstrscott
Valued Contributor

Re: My Proposed Strategy

Well, just so you know, the DV process only relates to collection accounts, not OC accounts.

 

-scott

Starting FICO Score: October 2010: TU 498 | EQ: 502
Current FICO Scores:: May 2022: TU: 784 | EQ: 770 | EX: 790
Message 3 of 6
johnwantsahouse
Contributor

Re: Help with My Strategy

My mistake.  I've made updates.

Current Score:EQ-660 (FICO) / TU-677 (FICO) (3/10/14)
6/8/12 Score:EQ-640 / TU-650 / EX-656 (All FICO Lender Pulls 6/8/12)
6/5/12 Score:EQ-640 / TU-638 / EX-656 (All FICO Lender Pulls 6/5/12)
6/1/12 Score:EQ-640 (FICO) / TU-618 (FICO) /EX-670 (FAKO)
Starting Score:EQ-542 TU-574 (4/30/2012)
Message 4 of 6
johnwantsahouse
Contributor

Re: Help with My Strategy

Bump...Anyone have suggestions on this?

Current Score:EQ-660 (FICO) / TU-677 (FICO) (3/10/14)
6/8/12 Score:EQ-640 / TU-650 / EX-656 (All FICO Lender Pulls 6/8/12)
6/5/12 Score:EQ-640 / TU-638 / EX-656 (All FICO Lender Pulls 6/5/12)
6/1/12 Score:EQ-640 (FICO) / TU-618 (FICO) /EX-670 (FAKO)
Starting Score:EQ-542 TU-574 (4/30/2012)
Message 5 of 6
ecrad17
New Contributor

Re: Help with My Strategy

I would DV anything that you're unsure of. When you get those back then start sending PFD letters. Some collectors wont accept PFDs, but will GW when the acct has been paid. If you don't get a DV back and you aren't within SOL, I would dispute with the CRAs.

 

I'm not sure if you had medical bills, but the HIPPA process works well for those and you can search for it through google (it's not posted here).

 

For those debts that are paid or for late payments I would GW the heck out of them. You can find an immense amount of info on these boards for contacts and it's also helpful to seach the company's website for CEO names to email. Just remember, be honest and sincere with your letters! Good luck!!

 

Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.