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Regular Contributor
Posts: 162
Registered: ‎11-13-2012
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New Rebuild Journal Xwill04

[ Edited ]

Hey guys, recently decided to get serious rebuilding my credit.

 

Here are the following items on my credit reports and steps taken :

 

Collection accounts:

 

ENHANCED RECOVERY - TransUnion (DV Letter sent  11/14/2012)

Balance- $1,454

Date Opened- 4/12

 

EOS CCA - Experian, Equifax, TransUnion (DV Email sent 11/15/2012 to direct contact received via this forum)

Balances- $678, $1,518, $378

Date Opened- 8/1/2012

 

PACIFIC CREDIT EXCHANGE - Experian, Equifax, TransUnion (DV Letter sent  11/14/2012)

Balance- $9,016 (Repo Purchase)

Date Opened- 2/1/2012

 

MIDLAND FUNDING - Experian, Equifax, TransUnion (DV Letter sent  11/14/2012)

Balances- $461, $2,002

Date Opened- 12/1/2012, 11/1/2011

 

PINNACLE CREDIT SERVICES- Experian, Equifax, TransUnion (DV Letter sent  11/14/2012)

Balance- $1,405

Date Opened- 12/1/2009

 

ALLGATE FINANCIAL LLC - Experian (DV Letter sent  11/14/2012)

Balance- $475

Date Opened- 5/1/2009

 

RASH CURTIS & ASSOCIATES - Experian, TransUnion (DV Letter sent  11/14/2012)

Balance- $318

Date Opened- 6/1/2008

 

Charge Offs:

 

FIRST PREMIER BANK (623 Letter sent  11/14/2012)

Balances- $469, $518

Date Opened- 8/1/2009, 1/1/2009

 

A - L FINANCIAL CORP (Auto Loan) - Experian (623 Letter sent  11/14/2012)

Balances- $9,016

Date Opened- 2/1/2009

 

DSNB MACYS (623 Letter sent  11/14/2012)

Balance- $319

Date Opened-1/1/2007

 

CAP ONE

Balance- $0

Date Opened-10/1/2006

 

Current Accounts:

 

CAPITAL BANK (Open Sky Secured CC)

Balance- $282/300 (Never Late) WIll pay down $250 by next week to help util before statement cuts on 12/3

Date Opened-8/1/2012

 

First Tech Federal Credit Union (Secured Personal Loan)

Balance- $1000 

Date Opened- 3 days ago (11/12/2012)
Payments: $29/mo over 36 months

Interest Rate: 3.1% (Only $49 interest over 3 years if i end up making minimum payments)

 

Applied Bank Secured Credit Card

Balance- $0/$200 

Date Opened- 3 days ago (11/12/2012)

 

Credit Scores (FAKO)

Experian- 513

Equifax- 517

TransUnion- 541

 


Im thinking about sending a letter to Experian regarding the A-L financial listing as i disputed it a couple years ago, was removed and came back to  my report but never receieved notice from Experian. Also CA is reporting the balance as well as OC.

 

All charge offs have been disputed with CB and came back verified. All collections have been disputed with CB and came back verified except (EOS, havent disputed yet hope I can get them to remove directly if not I will dispute with the credit bureaus)

 

Need advice how to pay off loan for optimum score results. I could technically pay $100/mo towards the loan only reason i opened it was to add an installment loan to my credit portfolio. Interest isnt an issue so i could technically drag it out the full term. What do you guys suggest?

 

Any advice, tips, best practices?



Starting Score: Exp:513 | TU:541 | EQ:517 - 11/13/2012
Current Score: Exp:623 | TU FICO:639 | EQ FICO:743 - 01/24/2012
Wallet: Applied Bank $200, OpenSkyCC $300, 1st Tech CU Secured $2k, Discover IT $1.5k, CITI AA $2.8k, USAA AMEX $7.5k
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Regular Contributor
Posts: 162
Registered: ‎11-13-2012
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Re: Starting out my credit rebuilding project Need advice

Inquiries:

 

Equifax- 23

 

Experian- 30

 

TransUnion- 25

 

I know the inquiries are horrible, i was recently car shopping so ran my credit a lot, as well  as tried to get the bottom of the barrell credit cards with no luck (obviously). Also AL financial seems to be pulling my credit report once or twice a year. 


Im gonna make sure not to take any more hits



Starting Score: Exp:513 | TU:541 | EQ:517 - 11/13/2012
Current Score: Exp:623 | TU FICO:639 | EQ FICO:743 - 01/24/2012
Wallet: Applied Bank $200, OpenSkyCC $300, 1st Tech CU Secured $2k, Discover IT $1.5k, CITI AA $2.8k, USAA AMEX $7.5k
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Regular Contributor
Posts: 162
Registered: ‎11-13-2012
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Re: Starting out my credit rebuilding project Need advice

bump



Starting Score: Exp:513 | TU:541 | EQ:517 - 11/13/2012
Current Score: Exp:623 | TU FICO:639 | EQ FICO:743 - 01/24/2012
Wallet: Applied Bank $200, OpenSkyCC $300, 1st Tech CU Secured $2k, Discover IT $1.5k, CITI AA $2.8k, USAA AMEX $7.5k
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Valued Contributor
Posts: 1,546
Registered: ‎08-30-2012
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Re: Starting out my credit rebuilding project Need advice

Start with the CC chargeoffs. These are factored into utilization.

For the lower balance CA...DV th first. If they validate.....then see if they will settle for less amd delete the CA.

Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 712|EQ 695|EXP 723 (FICO)
Total credit $185,250; Util 14%
Goal Score: 700 across the board.
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Regular Contributor
Posts: 162
Registered: ‎11-13-2012
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Re: Starting out my credit rebuilding project Need advice

Sounds good thank you for the feedback, looks like ill go after first premier which im sure will either ignore DV or validate. Looks like ill just be able to get lowe util % out of paying those off...

 

then attack smaller CA and hope I can somehow get the larger ones off via DV, CRA disputes 

 

gonna be a long road Smiley Sad


madmann26 wrote:
Start with the CC chargeoffs. These are factored into utilization.

For the lower balance CA...DV th first. If they validate.....then see if they will settle for less amd delete the CA.

 



Starting Score: Exp:513 | TU:541 | EQ:517 - 11/13/2012
Current Score: Exp:623 | TU FICO:639 | EQ FICO:743 - 01/24/2012
Wallet: Applied Bank $200, OpenSkyCC $300, 1st Tech CU Secured $2k, Discover IT $1.5k, CITI AA $2.8k, USAA AMEX $7.5k
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Regular Contributor
Posts: 162
Registered: ‎11-13-2012
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Re: Starting out my credit rebuilding project Need advice

UPDATE!!!!!

 

Sent DV to EOS YESTERDAY to contacts that have been floating around this board, and woke up to some great news! Received email that all 3 accounts were being deleted from CRA!!!!!!!! I was so excited I didnt even hit the snooze button 3 times like normal LOL!!!

 

THANK YOU nfrederick for the contacts

 

& THANK YOU rckstrscott even though I didnt receive the contacts from you seems like youre the initial person that gave these contacts out!!

 

Cheers!!

 

 

 

Collection accounts:

 

 

 

ENHANCED RECOVERY - TransUnion (DV Letter sent  11/14/2012)

 

Balance- $1,454

 

Date Opened- 4/12

 

 

 

EOS CCA - Experian, Equifax, TransUnion (DV Email sent 11/15/2012 to direct contact received via this forum) 

 

Balances- $678, $1,518, $378

 

Date Opened- 8/1/2012

Receieved email on 11/16/2012 stating they were pulling ALL 3 accounts they had on my report!!! Im so excited thanks to these boards!!!

 

 

 

PACIFIC CREDIT EXCHANGE - Experian, Equifax, TransUnion (DV Letter sent  11/14/2012)

 

Balance- $9,016 (Repo Purchase)

 

Date Opened- 2/1/2012

 

 

 

MIDLAND FUNDING - Experian, Equifax, TransUnion (DV Letter sent  11/14/2012)

 

Balances- $461, $2,002

 

Date Opened- 12/1/2012, 11/1/2011

 

 

 

PINNACLE CREDIT SERVICES- Experian, Equifax, TransUnion (DV Letter sent  11/14/2012)

 

Balance- $1,405

 

Date Opened- 12/1/2009

 

 

 

ALLGATE FINANCIAL LLC - Experian (DV Letter sent  11/14/2012)

 

Balance- $475

 

Date Opened- 5/1/2009

 

 

 

RASH CURTIS & ASSOCIATES - Experian, TransUnion (DV Letter sent  11/14/2012)

 

Balance- $318

 

Date Opened- 6/1/2008

 

 

 

Charge Offs:

 

 

 

FIRST PREMIER BANK (623 Letter sent  11/14/2012)

 

Balances- $469, $518

 

Date Opened- 8/1/2009, 1/1/2009

 

 

 

A - L FINANCIAL CORP (Auto Loan) - Experian (623 Letter sent  11/14/2012)

 

Balances- $9,016

 

Date Opened- 2/1/2009

 

 

 

DSNB MACYS (623 Letter sent  11/14/2012)

 

Balance- $319

 

Date Opened-1/1/2007

 

 

 

CAP ONE

 

Balance- $0

 

Date Opened-10/1/2006

 

 

 

Current Accounts:

 

 

 

CAPITAL BANK (Open Sky Secured CC)

 

Balance- $282/300 (Never Late) WIll pay down $250 by next week to help util before statement cuts on 12/3

 

Date Opened-8/1/2012

 

 

 

First Tech Federal Credit Union (Secured Personal Loan)

 

Balance- $1000 

 

Date Opened- 3 days ago (11/12/2012)
Payments: $29/mo over 36 months

 

Interest Rate: 3.1% (Only $49 interest over 3 years if i end up making minimum payments)

 

 

 

Applied Bank Secured Credit Card

 

Balance- $0/$200 

 

Date Opened- 3 days ago (11/12/2012)

 

 

 

Credit Scores (FAKO)

 

Experian- 513

 

Equifax- 517

 

TransUnion- 541

 

 



Starting Score: Exp:513 | TU:541 | EQ:517 - 11/13/2012
Current Score: Exp:623 | TU FICO:639 | EQ FICO:743 - 01/24/2012
Wallet: Applied Bank $200, OpenSkyCC $300, 1st Tech CU Secured $2k, Discover IT $1.5k, CITI AA $2.8k, USAA AMEX $7.5k
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Valued Contributor
Posts: 1,546
Registered: ‎08-30-2012
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Re: New Rebuild Journal Xwill04

Congrats!!

Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 712|EQ 695|EXP 723 (FICO)
Total credit $185,250; Util 14%
Goal Score: 700 across the board.
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My Journey
Valued Member
Posts: 36
Registered: ‎11-05-2012
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Re: New Rebuild Journal Xwill04

Keep it up!!  I'm thinking about starting my rebuild thread soon.


Starting Score: 467 EQ
Current Score: 467 EQ
Goal Score: 720+


CollectionKing's Rebuild Thread

Regular Contributor
Posts: 162
Registered: ‎11-13-2012
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Re: New Rebuild Journal Xwill04

Thanks NFrederick! Got the idea from madmann26

Sent out experian disputes today via cmrrr using jack attack method.

If they come back verified hopefully I can use whatever I get back from CA (if they even respond) for my second round of disputes. If exp fails to investigate (I've disputed early this year) I will BBB them to force them to investigate.

Hope it works will keep u guys posted. Excited to see what my score looks like once the 3 CA drop off my report an once my $3 balance on credit card reports!


Starting Score: Exp:513 | TU:541 | EQ:517 - 11/13/2012
Current Score: Exp:623 | TU FICO:639 | EQ FICO:743 - 01/24/2012
Wallet: Applied Bank $200, OpenSkyCC $300, 1st Tech CU Secured $2k, Discover IT $1.5k, CITI AA $2.8k, USAA AMEX $7.5k
Take the FICO Fitness Challenge
Established Contributor
Posts: 573
Registered: ‎02-12-2011
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Re: New Rebuild Journal Xwill04

Progress already. I told ya I'll be keeping tabs on your situation. Very nice start. I can only hope for that with First Premier/Accounts Receivable Management since they assigned them to collect.



Starting Score: EQ: 383 2/2011
Current Score: TU: 644 EQ: 648 EX: 6?? 2/2015
Goal Score: 700


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