10-25-2012 10:37 AM
Hello all! So glad that I finally mustered up the courage to post and get some direction! Here is a brief overview of what I am working with/against. Just need a little direction on what to do next:
Capital Bank – One 30 day late
First Premier – Charge off 2008
Wells Fargo Home Mortgage – Two 30 days (Feb 2011, July 2012) sold in July 2012
Sallie Mae Student Loans – 120 day lates (Feb 2009)
Sallie Mae Charge off – paid in full Feb 2009
Judgment – Satisfied Feb 2010
Orchard/Capital One $0/300
Capital One/BestBuy $0/500
Capital Bank Secured $1/500
Gordman’s Store card $0/250
Credit One Bank visa $10/550
Macy’s rewards card $0/100
Kay Jeweler’s $0/1500
Two auto loans (one being my ex wife’s)
I appreciate all advice, and look forward to taking the next steps in rebuilding!
10-25-2012 10:49 AM
10-25-2012 11:50 AM
Capital Bank – One 30 day late (try and GW if the tradeline has nothing but positive since)
Sent one out last week, hoping to hear back soon.
First Premier – Charge off 2008 (probably stuck with this one)
Had that feeling about this one, would it be wiser to pay this one off or let it age and drop?
Wells Fargo Home Mortgage – Two 30 days (Feb 2011, July 2012) sold in July 2012 (You can try a GW here)
They responded with a definative no to my first one, I will give it another go round
Sallie Mae Student Loans – 120 day lates (Feb 2009) (try a GW to get the late removed)
I will give this a shot. Heard Sallie Mae is a tough cookie.
Sallie Mae Charge off – paid in full Feb 2009
Assuming this one will have to age and drop off
Judgment – Satisfied Feb 2010 (file a motion with the court where this took place. You will want to file a motion to vacate/dismiss. Once it is granted by the judge, fax this to the CRA's)
Contacting the attorney that issued the judgment today, if not I'll try and bypass them and go directly to the county courthouse.
The 30-day lates aren't hurting you as bad as the 120-day late. That 120-day late hurts worse, longer.
Thanks for the advice! I'll get back to work!
10-25-2012 12:09 PM
If you havent paid that charge off yet I would write or call them and ask them to remove the tradeline if you pay it in full. Once you pay them you have little chance of it getting removed, since you havent paid them yet you still have a chance. Not a good one, but a chance. It took me about 30 letters and emails to get rid of my collection but I had it paid off before ever knowing about credit repair!
10-25-2012 12:51 PM
Thank you all for the advice! It's good to know that I have somewhere to go for quality advice from people who have been in my situation. This site is wonderful and I shall be around for a long time!
10-25-2012 12:54 PM
Good luck... its not easy, takes a lot of letters and phone calls then its just a waiting game. Dont give up though, they dont like removing things but they really dont like hearing from you monthly either!
10-25-2012 01:15 PM
I will pay off FP and hope for the best, got a letter today denying PFD. I will send out my second wave of GW's next week. Thank you everyone!
10-25-2012 01:26 PM
Just spoke with the county court, there is no fee to file a motion in my county, so I will be heading down there tomorrow or monday to start (i'll take any little bit of good news at this point lol)
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