Hello friends,
Long story coming up. Have a seat and pour yourself a drink.
I neglected my credit entirely for about 6 years. In that time I have accrued defaulted student loans to the tune of 100k, 2 repos, 3 negatively closed credit cards, a paid tax lien, 2 judgements, and a host of collection accounts.
I met someone last year who offered to help. He wouldn't tell me how, but after a fury of online disputes, several collections disappeared, several negative payments were scrubbed, and some accounts just vanished into thin air.
Picking up where he left off, i was able to pull all 3 reports based on recent adverse decision last november and went to town. So far:
*I got 6 of my student loans into an income based payment plan, showing current now, but even after a GW still showing 6 30 day lates. These 6 loans represent 88k of the 100k of student debt. Four of the remaining acct are in loan rehab, and 2 just came out of loan rehab and show current. Their OCs are still showing, some with still a few negative payments but 0 balances. I am awaiting GW responses from them.
*I made a formal dispute in writing for several accounts, which only got a CA and it's corresponding OC deleted. #smallvictory
*I settled one credit card with OC (Merrick bank) for 30% but didn't know I get a PFD out of the deal. Question #1, can that be revisited?
*I have a voluntary repo aging out this august (DOFD 9/09). I am attempting to transfer responsibility to my ex husband (it was an issue of predatory lending, and I basically wrote a letter presenting what I would have brought to court if they wanted to sue). I only recently found this site and realized I could've left well enough alone #butimnotthatkindagal #youliveyoulearn
*For my my second repo, which occurred 11/13, I just settled with OC for 50% of the principle stretched out over 6 months, again, I didn't know I could negotiate the PFD in that deal. Would it be possible to revisit that after its paid?
*I have 2 Judgements I plan to vacate on the basis of not being properly served with proof that I was unemployed at the time of the hearing and wouldn't have been able to make a deal anyhow and plan to settle those as well within the next 60 days.
*I have a brand new CA with ERC which, from what I've read on this site will be an easy kill.
*Last may I opened a secured card with a local credit union for $250. That's the only revolving credit I have.
All of this so I can finance a car by August (for business) and lease a car for myself by my next birthday a year from now, as well as get on a good path ongoing.
Is now the right time to get a credit card? I was going to get a secured discover it for 1500 so I can get started on a good payment history. I also wanted to increase my other secured cards limit to at least 750. Or should I wait for more answers?
Any advice is appreciated and I'm sorry I don't have any scores yet, I wanted to wait til I finished making all of these moves #chess not checkers
Thanks for reading!
Edited to Add
EX 551
TU 541
EQ 539
via CCT
