Hi guys and gals, I have been lurking around on here for awhile and decided its finally time to post since it seems I've somewhat came to a halt. I started working on my credit in October 2013 and am shooting for the goal of acquiring a mortgage by June 2015. My starting score was 433-equifax FICO current score is 471-equivalent FICO. I have disputed info accounts on my credit report that were unable to be verified and am left with a mere 8 accounts many about to fall off which I will list shortly. My credit at a glance states I have a total past due balance of $1,711. My credit history is 6 years and total accounts with negative indicators is currently 2. My current Equifax accounts listed by FICO are as follows:
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Capital One Credit Card-pays as agreed opened Sep,2012
Limit:$200 (is secured will be making deposit to raise limit to $1,500)
Current Balance: $237 (just made $100 payment/not posted, will pay down to 0 Jan 15th)
30 day late Jul,2013 - 60 day late Aug,2013 - 90 day late Sep,2013
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Dep Ed Sallie Mae- (Student loan) Pays as agreed opened Feb,2007
States largest past balance:$2,665
Current balance:$1,801
Payment:$150month - never late.
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Verizon - Phone bill
Balance due:$1,164
Opened Jul,2012
Account type: Open (Not really open, phones have been off nearly a year)
120+ Days late
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First Premier Credit Card- Account transferred or sold-Paid charge off.
Balance:$0
Opened Aug,2007
90 days late 24 times
Will fall off report 11/2014
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First Premier- charged off account
Balance:$547 - why is there a balance if charged off???
Opened Feb,2012
DOLA:May,2013
30 day late May,2013 - 60 day late Jun,2013 - 90 day late Jul,2013
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collection accounts:
Unknown who holds account
Orig Balance:$1494 Current balance:0
Date assigned Mar,2008
description: consumer disputes, reinvestigation in progress.
On other report it states settlement was taken in notes and that this is a medical debt. I never paid this account or even looked into a settlement. Have bought several reports and none state who holds the debt or where it's from.
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Indian Hills Community College
Orig Balance:$675 Current balance:$1,092
Desc: Consumer disputes. They claim I attended classes whereas I never did. All they can produce is a naive bill. No signatures or anything. I asked that they provide a signature of mine, if I got a student I'd, if I bought books, because I know that I never did so will see what happens, also have no FAFSA on file.
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Caseys Store
Balance $97
will fall off report Oct 2014
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MidAmerican Energy
Balance $41
Will try a PFD, everytime I think about having these small collections I cringe :-S
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Pizza Hut
Balance $47
Will fall off report Oct 2014
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Sprint
Balance $456
Disputed 6 months back under a different collection agency and had removed from all 3 bureaus due to they were not able to verify, thought it was gone until they sold it to a new collection agency that reported it my Equifax and Transunion reports. I disputed that it was unverifiedin past and removed then sold and re-reported, any chance this is grounds for re-removal? This is hurting my score tremendously because it now shows as a new collection.
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Credit Bureau Serv. of Iowa
Balance: $120
Desc: Medical
will try a PFD since it won't fall off prior to my mortgage goal date.
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Ottumwa Waterworks
Balance $89
Will try a PFD because it won't fall off prior to June,2015
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That is all of my accounts/collections. I have highlighted most of the pertinent info in red so it stands out better. A lot of these accounts will fall off my report prior to me applying for a mortgage. I also took out an auto loan for $19,500 in September,2013 which they say they are reporting but it is not showing up on my report. Plan on paying it down tremendously as I'm making $1,000 payment a month, will have paid off prior to applying for mortgage. Should I definitely get them to have it added to my report or just keep it off? I have made all of my current payments (4 to date) a week or more early. I am contributing exactly $1,000 a month to savings and currently have $26,000 with a $20,000 trust fund that I receive in May when I'm 25. Will have around 50k saved for when me and my wife apply for a mortgage, hoping to get around the 200k range with 20% down, which would leave us a decent savings and continued contributions to savings. What are some other ways I can raise my score positively? Should I get more secured cards? Dodge offered me a secure card with it going unsecured in 15 months if all payments are made on time (I bought a new Dodge in September). Any insight into getting more of these accounts removed? I have successfully removed around 6 accounts already through direct disputes. Sorry such a long post, but I know this is going somewhere good lol!
Don’t take your credit for granted, use it with care! These days, catch me in the bankruptcy forum!?
