Month 4 on credit rebuild... What next?

Anonymous · ‎07-13-2015

I've been frequenting these forums for a while now trying to figure out this credit business.

So my backstory:

Made a bunch of stupid mistakes (blah blah blah) credit sucks now.

I've had a Cap One secured since Feb

Opened a US Bank Secured Card in June

Fingerhut Fresh Start in June.

I have a judgement I've been paying off ($800) at $50 a month

I have like $10,000 in collections that are mostly medical.

I'm not looking for instant results but it seems that my scores have gone down instead of up.

Anyone have any advice?

I'm keeping Util down on cards and making payments on the judgement and one other collection that is non-medical.

On my Equifax I have an auto loan that I've paid ontime for 1.5 years but my score still seems to be in the low 500's...

Just confused on where to go next.

Anonymous · ‎07-13-2015

Pfd the med collections.

Anonymous · ‎07-14-2015

@Anonymous wrote:
I've been frequenting these forums for a while now trying to figure out this credit business.

So my backstory:

Made a bunch of stupid mistakes (blah blah blah) credit sucks now.

I've had a Cap One secured since Feb
Opened a US Bank Secured Card in June
Fingerhut Fresh Start in June.

I have a judgement I've been paying off ($800) at $50 a month
I have like $10,000 in collections that are mostly medical.

I'm not looking for instant results but it seems that my scores have gone down instead of up.

Anyone have any advice?
I'm keeping Util down on cards and making payments on the judgement and one other collection that is non-medical.

On my Equifax I have an auto loan that I've paid ontime for 1.5 years but my score still seems to be in the low 500's...

Just confused on where to go next.

Balances on those accounts?

"mostly medical"? What is not medical?

Anonymous · ‎07-14-2015

Balance on medical is about $9,000. I have a Judgment that has a remaining balance of $800. I have a bank collections for $800.

Anonymous · ‎07-15-2015

@Anonymous wrote:
Balance on medical is about $9,000. I have a Judgment that has a remaining balance of $800. I have a bank collections for $800.

From a revolving (CC) account? Is OC reporting a balance?

Anonymous · ‎07-15-2015

The judgment also has a collections from the OC. The other bank baddie is from an overdraft (not revolving).

Anonymous · ‎07-15-2015

@Anonymous wrote:
The judgment also has a collections from the OC. The other bank baddie is from an overdraft (not revolving).

Is the judgment collector updating the balance with each payment?

Are there *any* revolving CO accounts that are reporting a balance?