07-14-2008 08:04 PM
07-14-2008 08:10 PM
Okay, I need to know which direction I should take here. I'm trying to improve my score significantly so I can purchase a house for me and my soon to be fiance. Here's my deal: I have $4,014. in Credit card debt.What is your current util? Divide total used credit by total CL. You want this less than 9% for max. points in the utilization department.I have $2,845 in currently delinquent accounts I have paid a lot of collections off...but they're still on my report, and I have no idea how to resolve them.Collections aren't removed once paid. They remain the full 7-7.5 years from DOFD. Send GW letters for all paid collections.I also have a non-government student loan that is delinquent for 1700.Who is reporting this debt? Who owns the debt? What is DOFD? Can you PIF? If so, you may work out a PFD.What can I do at this point to raise my score significantly, and get my credit back on track?What positive do you have?Can I write letters?Yes, see above.Can I try and dispute?Not anything that is accurate. Disputing is a last step in repair, IMO.I'm just curious because I feel like I"m completely stuck, and have no idea what to do next. All of my accounts that are delinquent are from college, roughly 5 years ago. I'm not even sure of how bad of shape I'm in. fyi my TU:506 EQ: 494 EXP: 525 Thanks in advance
07-14-2008 08:15 PM
07-14-2008 08:17 PM
07-14-2008 08:22 PM
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