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Valued Member
Posts: 33
Registered: ‎10-10-2012
0

Starting again *** Help me figure out my game plan

[ Edited ]

After many months of not working on my credit I am finally ready to start full force again. I just pulled my credit report from my USAA Credit Monitoring service. Below are the negatives. Below are my scores and negative items on my report. I know I made mistakes, I just need some help on how to repair this. 

 

Thank you!

 

EX- 519

EQ- 513

TU- 524

 

Express Recovery

Collection Dept/Agency/Attorney

Bal : $168.00

Past Due : $168.00

Date Opened : 8/1/2012

Unpaid Medical

 

Experss Recovery

Collection Dept/Agency/Attorney

Bal: $94.00

Past Due : $94.00

Date Opened : 5/1/2009

 

LVNV Funding

Debt Purchase

Bal : $888.00

Past Due : $888.00

Date opened : 12/1/2011

 

Mountainland Collections

Collection Dept/Agency/Attorney 

Bal : $814.00

Past Due : $814.00

Date opened : 5/1/2011

Unpaid Medical

 

 

NCO FIN/35

Collection Dept/Agency/Attorney 

Bal $449.00

Past Due $449.00

Date opened 9/1/2012

Unpaid Medical

 

Action Collection SVC

Collection Dept/Agency/Attorney 

Bal $1165.00

Past Due $1165.00

 

Bonneville Billing

Returned Check

Bal $340.00

Bal Due $340.00

Date opened 9/1/2009

(Then on Equifax it says Unpaid Medical??)

 

Bonneville Billing

Returned Check

Bal $246.00

Past Due $246.00

Date opened 7/1/2008

 

Cap One

Credit card

Bal 0.00

Past Due 0.00

Date opened 5/1/2007

Charge Off

Transfered to another lender

 

Express Recovery

Collection Dept/Agency/Attorney

Bal $100.00

Past Due $100.00

Date opened 9/1/2010

Unpaid Medical

 

Express Recovery 

Collection Dept/Agency/Attorney 

Bal $201.00

Past Due $201.00

Date opened 9/1/2010

 

Express Recovery 

Collection Dept/Agency/Attorney

Bal $232.00

Past Due $232.00

Date opened 8/1/2009

 

Express Recovery 

Collection Dept/Agency/Attorney 

Bal $140.00

Past Due $140.00

Date opened 12/1/2008

 

GM Financial

Auto Loan

Bal $11895.00

Past Due $11895.00

Date opened 2.1.2006

Charged off

 

Les Schwab 

Charge Account

Bal $698.00

Past Due $698.00

Date opened 10/1/2009

 

Mountainland Collections

Collection Dept/Agency/Atty

Bal $37.00

Past Due $37.00

Date opened 10/1/2012

Unpaid Medical

 

Mountainland Collections

Collection Dept/Agency/Atty

Bal $39.00

Past Due $39.00

Date opened 9/1/2012

Unpaid Medical

 

Mountainland Collections

Collection Dept/Agency/Atty

Bal $203.00

Past Due $203.00

Date opened 5/1/2011

Unpaid Medical

 

Mountainland Collections

Collection Dept/Agency/Atty

Bal $44.00

Past Due $44.00

Date opened 9/1/2010

Unpaid Medical

 

Mountainland Collections

Collection Dept/Agency/Atty

Bal $67.00

Past Due $67.00

Date opened 9/1/2009

Unpaid Medical

 

 

 

 

 

 

 

 

 

 

Frequent Contributor
Posts: 274
Registered: ‎12-29-2010
0

Re: Starting again *** Help me figure out my game plan

Hey there, 

 

You've got a list collections.  From my little understanding, these are going to be big factors.  

 

I would suggest finding a couple examples of Pay for Delete letters to send to the Collection Agencies.  There are a lot of small balances and the more of those you can get rid of, the better.     See my comments in Bold.   

 

Express Recovery

Collection Dept/Agency/Attorney     PFD

Bal : $168.00

Past Due : $168.00

Date Opened : 8/1/2012

Unpaid Medical

 

Experss Recovery   

Collection Dept/Agency/Attorney     PFD

Bal: $94.00

Past Due : $94.00

Date Opened : 5/1/2009

 

LVNV Funding

Debt Purchase

Bal : $888.00

Past Due : $888.00

Date opened : 12/1/2011

 

Mountainland Collections

Collection Dept/Agency/Attorney

 

Bal : $814.00

Past Due : $814.00

Date opened : 5/1/2011

Unpaid Medical

 

 

NCO FIN/35

Collection Dept/Agency/Attorney

 

Bal $449.00

Past Due $449.00

Date opened 9/1/2012

Unpaid Medical

 

Action Collection SVC

Collection Dept/Agency/Attorney       

Bal $1165.00

Past Due $1165.00

 

Bonneville Billing        PFD

Returned Check

Bal $340.00

Bal Due $340.00

Date opened 9/1/2009

(Then on Equifax it says Unpaid Medical??)

 

Bonneville Billing       PFD

Returned Check

Bal $246.00

Past Due $246.00

Date opened 7/1/2008

 

Cap One

Credit card

Bal 0.00

Past Due 0.00

Date opened 5/1/2007

Charge Off

Transfered to another lender

 

Express Recovery

Collection Dept/Agency/Attorney        PFD

Bal $100.00

Past Due $100.00

Date opened 9/1/2010

Unpaid Medical

 

Express Recovery 

Collection Dept/Agency/Attorney      PFD

 

Bal $201.00

Past Due $201.00

Date opened 9/1/2010

 

Express Recovery 

Collection Dept/Agency/Attorney      PFD

Bal $232.00

Past Due $232.00

Date opened 8/1/2009

 

Express Recovery 

Collection Dept/Agency/Attorney     PFD

Bal $140.00

Past Due $140.00

Date opened 12/1/2008

 

GM Financial      This should drop off soon.  You should see a large increase when that happens.  

Auto Loan

Bal $11895.00

Past Due $11895.00      

Date opened 2.1.2006

Charged off

 

Les Schwab        Send a  PFD

Charge Account

Bal $698.00

Past Due $698.00

Date opened 10/1/2009

 

Mountainland Collections

Collection Dept/Agency/Atty      PFD

Bal $37.00

Past Due $37.00

Date opened 10/1/2012

Unpaid Medical

 

Mountainland Collections

Collection Dept/Agency/Atty        PFD

Bal $39.00

Past Due $39.00

Date opened 9/1/2012

Unpaid Medical

 

Mountainland Collections        PFD

Collection Dept/Agency/Atty

Bal $203.00

Past Due $203.00

Date opened 5/1/2011

Unpaid Medical

 

Mountainland Collections

Collection Dept/Agency/Atty       PFD

Bal $44.00

Past Due $44.00

Date opened 9/1/2010

Unpaid Medical

 

Mountainland Collections        PFD

Collection Dept/Agency/Atty

Bal $67.00

Past Due $67.00

Date opened 9/1/2009

Unpaid Medical


Starting MyFico Scores: EX ??? EQ 433 TU 464 on 1/25/13
Current MyFico Scores: EX 672 EQ 682 TU 677 on 1/7/15
Goal Score: 720


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Valued Member
Posts: 33
Registered: ‎10-10-2012
0

Re: Starting again *** Help me figure out my game plan

I was thinking those would be the best to start with. Thanks for responding!

 

New Member
Posts: 2
Registered: ‎02-16-2013
0

starting again

Looks like we both are in the same boat as far as repairing our credit, I am also taking the exact same route you are I am taking care of the small derogs and sending out PFD letters and also getting a secured credit card to add some positive to boost my score. I am also in need of advice about a judgement I have from a credit union and how I should handle that. Good luck and whatever info I get to help you (us) I will be more then happy to share. 

Moderator
Posts: 22,406
Registered: ‎01-17-2008
0

Re: starting again

[ Edited ]

Knowing your states SOL for debt would be a big plus.  If any of these are still within SOL and you offer a PFD and they decline, it could get you sued.  Even though the newer collections have a bigger impact on your score, they are probably within SOL.  I would start with some of the smaller ones that the SOL has expired on.

 

As for the auto loan, they are installment accounts and are not factored into revolving.  They have their own utilization and it counts very little toward your score.  Once the CO is gone, you may see an increase.

 

Any score increase is relevent to what else is on your CR.

 

 

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