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Regular Contributor
snsforever916
Posts: 144
Registered: ‎06-28-2012
0

Re: Our Credit Rebuilding Journey-Please help!!!!

[ Edited ]

I do not know what our scores are but they are much better!! The green stuff is all the new stuff and changes!!! This forum has helped me soooo much and I cannot thank you all enough! :smileylol:

 

My debts:

I originally had 5 collections, 2 chargeoff's and 1 auto loan with lates  

 

Therefore I have 5 negatives left on my credit report: (2 CA's, 2 CO's, 1 auto loan with lates)

 

Creditor Name: AFNI
Original Creditor Name: AMP D MOBILE
Amount: 1044 set to fall off 6/2014

 

Creditor Name: MIDLAND FUND
Original Creditor Name: CAPITAL ONE BANK USA N A
Amount: 1515 set to fall off 5/2015

 

2 charge offs Credit card accounts from HSBC(2004)set to fall off 7/2014 and CAP1(2003) set to fall off 5/2015 various 30,60,90,120 lates in 2007-before that good history

 

I had a car loan 6/2005-6/2010 with (9) 30 days late (3)2010 (5)2009 (1)2008 all positive before

 

Positive Accounts:

I have one current auto installment loan current/never late as of 6/2011- refied to a lower rate still current :smileyhappy:

 

Jcpenny(2001)   0/1000  Never Late

CreditOneBank (2009) 0/750 Never Late

Best Buy MC (2011)   0/500 Never Late

Macys (2006) 2200/2700 Never Late----0% for 12 months on furniture...will be paid off Jan 2013

 

Newly added

Capital1 (2012) 0/1000 Never Late

Lane Bryant (2012) 0/500 Never Late

Walmart (2012) 0/1000

 

 Total utlization ~30% not great but will be below 9% in January

 

 

 

SO here is the plan for me:

-Pay for delete Midland and AFNI---Still working on this

-Pay down CC to 9%- raise all credit limits with soft pulls

-Goodwill chargeoffs and auto loans---taking a break from this for a while since it's not working!!!

 

 

 

 

Now for my hubbies:

 

He originally had 8 negative/collection acts:

 

and as of 12/15/12 He will only have a HSBC chargoff!!! I got the rest off with some PFD and DV's!!!:smileyhappy:

 

I've added him to 3 of my oldest cards

Walmart (2012)   0/400 Never Late

 

 

 

SO here is the plan for hubby:

Get utilzation under 9% which will make his score go up!

Starting Scores:
Lender Pull 7/10/2012 EQ 585 EX 617 TU 551
8/2012 MyFico EX 598 01/2013 EX 608 2/2013 EX 620 :smileysurprised:)
9/12/2012 624 (Fico Discover)
02/7/2013 660 (Fico Wally)
At least I'm heading in the right direction!!!

Goal Score:740+, home loan and Get rid of subprime cards!!!



Regular Contributor
snsforever916
Posts: 144
Registered: ‎06-28-2012
0

Re: Our Credit Rebuilding Journey-Please help!!!!

Making steady progress! I absolutely love that we applied for credit and were approved. I plan to garden the new accounts, keeping utlization low. Continue to build savings...$12,000 saved in 1 year, plus 3000 or so in debt that we paid off. Plan is to save at least that much this year and possibly more since we do not/will not have debt to pay off.

 

Goal is 67k saved by June 2015. 60k for downpayment and 7k for closing or whatever else may occur.

 

 

My debts:

I originally had 5 collections, 2 chargeoff's and 1 auto loan with lates  

 

Therefore I have 5 negatives left on my credit report: (2 CA's, 2 CO's, 1 auto loan with lates)

 

Creditor Name: AFNI
Original Creditor Name: AMP D MOBILE
Amount: 1044 set to fall off 6/2014

 

Creditor Name: MIDLAND FUND
Original Creditor Name: CAPITAL ONE BANK USA N A
Amount: 1515 set to fall off 5/2015

 

2 charge offs Credit card accounts from HSBC(2004)set to fall off 7/2014 and CAP1(2003) set to fall off 5/2015 various 30,60,90,120 lates in 2007-before that good history

 

I had a car loan 6/2005-6/2010 with (9) 30 days late (3)2010 (5)2009 (1)2008 all positive before

 

Positive Accounts:

I have one current auto installment loan current/never late as of 6/2011- refied to a lower rate still current :smileyhappy:

 

Jcpenny(2001)   0/1000  Never Late

CreditOneBank (2009) 0/900 Never Late increase of 150 about to cancel this card once my Citi AU ages a year

Best Buy MC (2011)   0/500 Never Late

Macys (2006) 0/2700 Never Late

Capital1 (2012) 0/1000 Never Late

Lane Bryant (2012) 0/500 Never Late

Walmart (2012) 1000/3000

Citi (AU-Hubby) 0/4200-not reporting yet but will be soon!

 

Total utlization ~10% (without Citi) will be 7-9% by Feb...where it will stay!!!!!!! 

 

 

SO here is the plan for me:

-Pay for delete Midland and AFNI---Still working on this  May Possibly pay and then just goodwill we shall see.

-Pay down CC to 9%- raise all credit limits with soft pulls ROCKIN" THIS!!!!!!!!

-Goodwill chargeoffs and auto loans---taking a break from this for a while since it's not working!!!

 

 

 

 

Now for my hubbies:

 

He originally had 8 negative/collection acts and 2 Chargeoffs:

 

and as of 12/15/12 He will only have a HSBC chargoff!!! I got the rest off with some PFD and DV's!!!:smileyhappy:

 

I've added him to 3 of my oldest cards

Walmart (2012)   0/400 Never Late

 

Ge Amazon (2013)1700

Ge SleepTrain(2013) 3000

Citi (2013)4200

 

SO here is the plan for hubby:

Garden his accounts and make sure utilzation is under 9% which will make his score go up!

Starting Scores:
Lender Pull 7/10/2012 EQ 585 EX 617 TU 551
8/2012 MyFico EX 598 01/2013 EX 608 2/2013 EX 620 :smileysurprised:)
9/12/2012 624 (Fico Discover)
02/7/2013 660 (Fico Wally)
At least I'm heading in the right direction!!!

Goal Score:740+, home loan and Get rid of subprime cards!!!



Regular Contributor
Joteism
Posts: 140
Registered: ‎11-14-2012
0

Re: Our Credit Rebuilding Journey-Please help!!!!

Congrats on your success! You mentioned in your first post that you were able to PFD Comcast - Did you contact Comcast directly or did you go through CA? Thanks!

Regular Contributor
snsforever916
Posts: 144
Registered: ‎06-28-2012
0

Re: Our Credit Rebuilding Journey-Please help!!!!


Joteism wrote:

Congrats on your success! You mentioned in your first post that you were able to PFD Comcast - Did you contact Comcast directly or did you go through CA? Thanks!


I contacted the collection agency and offered a PFD. At first they didn't want to take it but after the 3rd PFD letter they agreed. The two companies were Stellar Recovery (Me) and Enhanced Recovery (hubby). Both deleted after PFD.

Starting Scores:
Lender Pull 7/10/2012 EQ 585 EX 617 TU 551
8/2012 MyFico EX 598 01/2013 EX 608 2/2013 EX 620 :smileysurprised:)
9/12/2012 624 (Fico Discover)
02/7/2013 660 (Fico Wally)
At least I'm heading in the right direction!!!

Goal Score:740+, home loan and Get rid of subprime cards!!!



Regular Contributor
Joteism
Posts: 140
Registered: ‎11-14-2012
0

Re: Our Credit Rebuilding Journey-Please help!!!!

Wow - Persistence really pays off! Thanks for the info and good luck in your future endevours!


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