12-10-2012 01:59 AM
12-10-2012 06:19 AM
That judgement is a kick in the pants. Once you pay it off, find out if you can file a motion to vacate. If you can't file it, ask Discover to file it.
With the CC, you want to let a balance report at statement cut but no more than 9% of your total revolving limit (across all cards).
I would fight tooth-and-nail with the lender of the student loans. Payment history is weighed heavily into your score. See if you can find an executive and email them the info.
12-10-2012 09:53 PM
12-11-2012 01:59 AM
On carrying a balance,
Yes, it makes that much of a difference. To FICO, you use your credit, but in a responsible manner.
12-11-2012 10:56 AM
1) Pay off the judgement, look to have it vacated. I would personally recommend speaking with a contact there, preferably a lawyer who is handling the case. Offer to pay it off entirely now if they will vacate for you. Be nice, not threatening.
2)Contact the federal student loan ombudsman about your lates. Gather all of your facts together first. Be nothing but factual, leave your opinions and slurs and derogatory remarks out.
3) apply for a walmart card now, pay on time.
Do you still have any collections showing on your reports? Even showing as paid in full? Your scores are unusually low based on what you have said. There must be other negative things.
12-11-2012 11:33 AM
12-11-2012 11:34 AM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.