Reply
Established Contributor
thankfulheart
Posts: 618
Registered: ‎09-26-2011

Patience is a most important ingredient

I'm currently in a holding pattern, waiting for disputes and HIPAA letters to settle, waiting for the IRS lien to be removed, waiting for my paid off CCs to reflect the new balances, waiting for Jan to finish consolidating my student loans (then getting the payments set up so their repayment amount is right when it's time to app for the mortgage), waiting for the last round of GW letters to hit...

 

Lots of waiting.  For a very impatient person, it's certainly been a valuable (albeit painful) lesson!  There are no quick-fixes in solid credit repair.

Starting Score: 10/1/2011 EQ 568 TU 593
Current Score: EQ 664 TU 700 EX 701 (FAKO)

Established Contributor
namvet
Posts: 866
Registered: ‎09-22-2011

Re: Patience is a most important ingredient


thankfulheart wrote:

I'm currently in a holding pattern, waiting for disputes and HIPAA letters to settle, waiting for the IRS lien to be removed, waiting for my paid off CCs to reflect the new balances, waiting for Jan to finish consolidating my student loans (then getting the payments set up so their repayment amount is right when it's time to app for the mortgage), waiting for the last round of GW letters to hit...

 

Lots of waiting.  For a very impatient person, it's certainly been a valuable (albeit painful) lesson!  There are no quick-fixes in solid credit repair

 According to a recent study from the Federal Reserve's research center for Behavioral Economics:  "Impatient people are more likely to default on a credit card or mortgage obligation".  Patience is a Virtue! 

 

Valued Contributor
FairCredBen
Posts: 1,456
Registered: ‎10-25-2011

Re: Patience is a most important ingredient

thats absurd x.x

 

though it seems to make sense with me HAHA!

Current Score: EQ: 715 | TU: 694 | EX: 691
Gardening Time! 3/7/2013
In My Wallet: Cap1: $500 | Cap1: 1500 | Cap1 AU: 1250 | UECU Visa: $5000
Frequent Contributor
jeffery581
Posts: 369
Registered: ‎03-26-2010

Re: Patience is a most important ingredient

Im waiting too and its not easy. I sent out 5 GW letters today. Waiting on inquires to fall off, 6 in March. Waiting on balances reported to get lower. Waiting on recently opened accounts to age to perfection. And waiting till I can apply for a mortgage.

Capital One QuicksilverOne MC| MTV Visa | Sony Visa | NFL Visa | ebay MC | Best Buy MC | Credit One Visa | JCP | Kohl's| Conoco | Bloomingdale's | Lowe's | CareCredit | Firestone | Walmart | Academy Sports Visa | Macy's | Target | Amazon | Gap |
Established Contributor
casmith1980
Posts: 633
Registered: ‎03-20-2010

Re: Patience is a most important ingredient

Just think how happy you will be after the waiting is over :smileyhappy: It sucks right now but it's only going to get better!!!
EQ Fico 2009 500's
TU Fico 2009 500's

EQ Fico 04/10/2012 663 (SW alert)
TU Fico 04/13/2012 653 (Walmart)

Goal: 760 by 12/2013 and close on my first house :smileyvery-happy:

Goal - 720 by 12/31/12

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+