Rebuilding journal

[score2low]

Hi All,

I am in need of some serious help. I am just starting my credit rebuild and as you can imagine I'm completely overwhelmed. I stumbled across this forum about a month ago and through my lurking have found some fantastic advice. The road is long and I still have many questions and concerns.

 the Bad:

 cap 1 charged off $3500

Direct Merchant charged off $4500 not paid

Orchard some lates

Discover High balance 60% util

The good:

Discover - never late - CLI from 4500 to 5900 2 weeks ago

Orchard is now cap 1- CLI from 1150 to 2550 2 weeks ago 18% util

Dell balance 0

Cap 1 charge off Paid in full

Truck paid off

checking and saving account at local CU.

My starting score about 2 months ago was 590 (FICO Discover) current score via discover and creditK 625(FICO) 635(ck score fako?) I did pull my free reports from all 3 agencies around Sept. of 2013 so I won't be getting them again for a while.

So my 1st question/ start point is to get an up to date report. I read the CMS guide on the site but I'm not sure how current all that stuff is. I need a daily/ weekly pull from all 3 CRAs which limits the choices. I'm looking into EIDT but when I got to purchase I get a failed security certificate which makes me question the product. I also tried to sign up for the USAA product but I am not eligible for an account. I tried to get info on the "limited" account I've read about but so far I have nothing. I'm looking to spend no more than $20 a month.

New credit:

Should I try and get new CCs ? only have 1 HP from over a year ago. I'm hoping to get a PL from the CU to pay off the direct M charge off sometime around July.( going to try to GW a few things and get Discover down a bit before I do)

I'm back to work now (2years in July) make about 55k(before OT) which doesn't go far in NJ

Ultimate goal is to get back into the 700s (750) and a new MC in spring 2015.

any help advice is greatly appreciated. thanks for reading.

[score2low]

Got a CMS today

 Score for TU 635

                 EQ 602

                 Ex 579

Credit Bureau	TransUnion	Experian	Equifax
Total Accounts	8	7	7
Open Accounts	5	4	5
Closed Accounts	3	3	2
Total Balances	---	---	---
Total Monthly Payments	--	--	--
Number of Unsatisfactory Accounts	0	0	0
Derogatory Accounts	3	2	2
Number of Inquiries in Last 2 Years	1	1	0
Number of Public Records	0	0	0

TU:

Score Factors:

Factor 1: Number of months since most recent delinquency
Factor 2: Too few satisfactory accounts
Factor 3: Collection amounts ever owed are too high

EQ:

Score Factors:

Factor 1: Too many delinquencies
Factor 2: Number of months since most recent delinquency
Factor 3: Not enough debt experience

EX:

 Score Factors:
Factor 1: Too many delinquencies
Factor 2: Number of months since most recent delinquency
Factor 3: Not enough debt experience

Have some work to do.  

[score2low]

I have an old collection that I would like to get removed. Don't think it will help the scores out at all but its a place to start.

Medical collection

 CTECH COLL, Reporting on TU only, opening date 2/2009, balance 0, account closed paid, last report 2/2011, comment paid collection.

 Looks as if they no longer report it. where do I go from here? GW to TU or CTECH?  or do i have to wait for it to fall off?

Also, I have a Cap 1 account that is open but restricted. account open 1/10/2006

This account as of 3/04/2014 is reporting open with a CL of $3000 and $0 balance and pays as agreed. It has lates on it that are killing my score.

         late  3/2007 (30)

         late 1/2012 (30)

               2/2012 (60)

               3/2012 (90)

               4/2012 (120)

               5/2012 (120)

               6/2012 (120)

               7/2012 (90)

paid all back payments in aug 2012, went on a payment plan and never missed aother payment.  Is this ready for a GW attemped ?