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Rebuilding Credit. Need advice please

Rebuilding Credit. Need advice please

Hello,
New to the forums.

Would like some advice on rebuilding my credit as quickly as possible. Thanks.

My credit profile.

599 TU , 602 Equifax according to credit karma and lifelock.
No idea about Experian.

Current cards:

US bank Secured $300 CL. Opened April 2017
Discover Secured $200 CL Opened June 2017
Credit One Bank. $300 CL Opened June 2017

Closed accounts:

Chase Credit card $800 CL paid in full. Closed in 2010
Sync PayPal Visa $2000 CL. Charge off in 2010
Student Loan $2100 paid in full closed in 2010. 120 days late
Car loan joint account $12800 paid in full. Closed 2011

Collection Accounts:

7 total, varying amounts. Ranging from 2012 to 2015.
Totaling about $8500. All unpaid.

Inquiries :

7 hard.

All recent from Feb 2012 till about a month ago.

Current Util. 12%

Trying to keep it low, credit one bank reported their stupid 75 AF even though my payment was processing.

Using my Discover card all the time, but making payments as soon as the transactions post. Using the other two cards for one or two things per month and then PIF as soon as things post.


Any suggestions would be wonderful.

Should I start making payments

Thanks again!
FICO Scores as of 10/30/2017
TU - 640
EX-631
EQ- 648

Cards:
Amex Delta - 2K
Amex Delta AU -22K
BoA Travel Rewards 6k
US bank Flexperks 4K
Discover Secured $200
Credit 1- $450
Cap 1 Secured - $200
4 REPLIES

Re: Rebuilding Credit. Need advice please

When I asked about making payments, I was referring to my unpaid collection accounts.
FICO Scores as of 10/30/2017
TU - 640
EX-631
EQ- 648

Cards:
Amex Delta - 2K
Amex Delta AU -22K
BoA Travel Rewards 6k
US bank Flexperks 4K
Discover Secured $200
Credit 1- $450
Cap 1 Secured - $200
Community Leader
Valued Contributor

Re: Rebuilding Credit. Need advice please

You'll get more accurate advice if you post who the collection agencies are, balance, DOFD and how much money per month you have to put towards the collections. Also, what is your state's SOL?


EQ 679 EXP 700 TU 763

Re: Rebuilding Credit. Need advice please

I have no idea about payments to any of them. I have never check into paying them. 

I was just wondering if it was even worth paying some or all of them. 

I currently live in Ohio. I don't have the money to pay any of them off completely at the moment, so it would have to be done in monthly payments.

 

Here is a picture of my collection account section on Credit Karma.

The accounts listed were charged off or past due about 180 days to 1 year before they were each sent to collections.

 

i have no idea how to upload a picture to these forums, so I hosted it.

this is the link.

https://ibb.co/mG3yAF

 

Portfolio Recovery 2 accounts : $670 and 2509 ( credit card charge off's) (670 is capital one that is no longer showing on my reports.) (2509 is the sync PayPal card)

Fair Collections and Out 2 accounts: $1000 and $2117. This is an apartment complex. I refuse to pay them. They have already been paid directly through the courts. I have disputed this with the credit agencies.

IC systems 1 account : $139  medical 

Credence Resource 1 account $1555. T-Mobile. Showing 2016 for collections but the account was from 2014

Convergent outsourcing 1 account : $575 from Sprint. 

 

FICO Scores as of 10/30/2017
TU - 640
EX-631
EQ- 648

Cards:
Amex Delta - 2K
Amex Delta AU -22K
BoA Travel Rewards 6k
US bank Flexperks 4K
Discover Secured $200
Credit 1- $450
Cap 1 Secured - $200
Highlighted
Community Leader
Valued Contributor

Re: Rebuilding Credit. Need advice please

I would be most concerned with the more recent ones. You don't want to end up with judgements. If you can start saving towards those, it'll at least help you prepare in the event they file suit.


EQ 679 EXP 700 TU 763