Please see CR- ADVICE

[Dani62384]

Can anybody try to figure out why my credit score is only a 540 (got score from the Transunion quarterly monitoring on here)...My Equifax scorewatch score is 603. I just don't know what I can do to fix my credit at this point. Any collection/charge off is set to fall off this year (so I would assume it's not making a huge impact), and all the lates through the credit union in 2007 & 2008 I can't touch because they are not nice, and are not willing to budge at all, even though every bank account and loan have been and are through them. Also, on Transunions explanation, it tells me that my revolving credit is high and that I have $501 in revolving, when in reality i only have $24- but they have included the old sprint bill in my revolving ratio. What can I do? Anyone have ideas?

  CURRENT BALANCE: $24 Status as of Date opened [?] Date of last activity [?] Loan type [?] Credit limit [?] Largest past balance [?] Account Type [?] Account holder [?] Scheduled Payment Amount [?] Industry

Apr, 2012

Apr, 2011

Apr, 2012

Credit Card

$300

$297

Revolving Account

Individual Account

$10

Credit Unions and Finance Companies

CURRENT- PAYS AS AGREED- NO LATES

CURRENT BALANCE: $978 Status as of Date opened [?] Date of last activity [?] Account number [?] Loan type [?] Largest past balance [?] Account Type [?] Account holder [?] Scheduled Payment Amount [?] Industry

Mar, 2012

Jul, 2011

Mar, 2012

XXXXX2602

Unsecured

$1,500

Installment Account

Individual Account

$73

Credit Unions and Finance Companies

PAYS AS AGREED, NO LATES

CURRENT BALANCE: $0 Status as of Date opened [?] Date of last activity [?] Date closed [?] Loan type [?] Credit limit [?] Largest past balance [?] Account Type [?] Account holder [?] Industry

Jan, 2008

Jun, 2005

Jun, 2005

Dec, 2005

Credit Card

$200

$237

Revolving Account

Individual Account

Banks

CHARGE OFF

CURRENT BALANCE: $477 Status as of Date opened [?] Loan type [?] Largest past balance [?] Account Type [?] Account holder [?] Industry

Apr, 2012

Aug, 2011

Factoring Company Account

$477

Open Account

Individual Account

Finance / Personal

Descriptions [?]

• Placed for collection
• THIS IS AN OLD SPRINT BILL FROM 2005 (SET TO FALL OFF NOVEMBER 2012)

CURRENT BALANCE: $8,584 Status as of Date opened [?] Date of last activity [?] Account number [?] Loan type [?] Largest past balance [?] Account Type [?] Account holder [?] Scheduled Payment Amount [?] Industry

Mar, 2012

Nov, 2010

Mar, 2012

XXXXX2601

Automobile

$9,550

Installment Account

Individual Account

$215

Credit Unions and Finance Companies

PAYS AS AGREED- 1 30 DAY LATE IN DECEMBER 2011 (DUE TO LATE FEE WHICH I DIDN'T KNOW ABOUT AND UNDERPAID BY 75 CENTS!!!!)

CURRENT BALANCE: $0 Status as of Date opened [?] Date of last activity [?] Date closed [?] Account number [?] Loan type [?] Largest past balance [?] Account Type [?] Account holder [?] Scheduled Payment Amount [?] Industry

Jan, 2009

Sep, 2004

Jan, 2009

Jan, 2009

XXXXX2600

Automobile

$8,751

Installment Account

Individual Account

$208

Credit Unions and Finance Companies

PAID OFF- LOTS OF LATES:

30 days late 60 days late 90+ days late

12 times (Jan 2008, Dec 2007, Nov 2007, Oct 2007, Sep 2007, Aug 2007, Jun 2007, May 2007, Apr 2007, Dec 2006, Aug 2006, Jun 2006)

1 time (Jul 2007)

0 times

[Anonymous]

I am new here, but my guess would be on the Sprint thing dispute it to get the account to closed status, open collections seem to keep my score down. Also it should then not count as revolving debt. The other option I see would be to DV them, the CA most likely doesnt have records of the date of default and there fore may have to remove it

Again just my 2cents 

[Dani62384]

Thanks for your advice...you've got me thinking now!

After reading a couple of older posts about the same type of thing, I am wondering if anyone knows this answer:  If the CA is reporting as open, and under revolving credit, is this legal, or is this only somthing the OC is aloud to do? Because this account looks new to someone just looking at it, and it is actually from 2005.