Hello everyone. I've watched these boards for a while now. Back in 2014 I thought I was ready to start rebuilding my credit, opened up a few secured cards then messed up again so here I am 2 years later trying at it again. I just really want to be Eligable for a home loan maybe within a year and a half-2 years. I think I'm giving myself plenty of time to get everything taken care of now so I'm not stressed when that time comes. My current scores that I bought off of here are EX: 588 EQ: 567 TU: 563. My reports have 4 collection accounts on them..2 of them being medical bills one for $30 and another for $340. A $1500 sprint bill that's not due to come off until another 4 years and another collection I'm not exactly sure of what. Moving on I have 2 charge off accounts with capital one (both being secured cards) one was paid in full, the other is on there showing a balance of $109. I have a us bank charge off $100-$200 left. I have $32,000 in student loans on deferred payments never late or touched. I also have an old loan through my bank that I opened back in 2010 showing as closed and paid but has tons of late payments showing..and also another bofa credit cards paid&closed but lots of late payments.
Ok so back in 2014 I read all about GW and PFD letters and I emailed/called/mailed out tons of letters for 3 months straight!! I was only successful in removing an old Comcast bill that was on there and a utility bill that I paid off and requested for it to be removed. I wonder what to do next? To keep trying the GW letters with bofa and my old bank. And maybe PFD for the others?
On April 22nd I decided to try my luck and yet again apply for some secured cards and to my surprise I was approved! Not at all sure why, but Capital One approved me again for a $200 secured card with only the minimum deposit amount even after charging off 2 other accounts and one not being paid in full yet, but hey I'll take it! I was also approved for a secured discoverIt $300, and a Citi secured for $200. I actually just received my discover and capital one cards yesterday in the mail and I'm still waiting on my citi.
I've been reading and I know all about utilization keeping balances low etc etc etc. I only plan on leaving a very small balance on each of my cards within every statement. I also know my credit limits are low and maybe within a few months I should deposit more money into one of the cards?
I need help on what to continue doing to keep raising my score, my goal is to be in the mid/high 600's by the end of the year. Any comments are appreciated thanks!! ☺️
Ok so back in 2014 I read all about GW and PFD letters and I emailed/called/mailed out tons of letters for 3 months straight!! I was only successful in removing an old Comcast bill that was on there and a utility bill that I paid off and requested for it to be removed. I wonder what to do next? To keep trying the GW letters with bofa and my old bank. And maybe PFD for the others?
On April 22nd I decided to try my luck and yet again apply for some secured cards and to my surprise I was approved! Not at all sure why, but Capital One approved me again for a $200 secured card with only the minimum deposit amount even after charging off 2 other accounts and one not being paid in full yet, but hey I'll take it! I was also approved for a secured discoverIt $300, and a Citi secured for $200. I actually just received my discover and capital one cards yesterday in the mail and I'm still waiting on my citi.
I've been reading and I know all about utilization keeping balances low etc etc etc. I only plan on leaving a very small balance on each of my cards within every statement. I also know my credit limits are low and maybe within a few months I should deposit more money into one of the cards?
I need help on what to continue doing to keep raising my score, my goal is to be in the mid/high 600's by the end of the year. Any comments are appreciated thanks!! ☺️
