Suggestions/Advice

[Anonymous]

I am only going to focus on the things within my means to fix/change.

I have several credit inquires on all three Reports. Reality is short of a miracle I know they don't go away.

Privacy Guard and CreditKarma are my two monitoring site. The scores on each are very close.

Current scores are as follows
Experian - 593
Equifax - 608
TransUnion - 609

Lets work our way top to bottom

Experian:

Revolving - 4 Accouts Last Reported Balances $2,628

Applied Bank (Balance $85) Credit Limit $500

Capital One (Balance $78) Credit Limit $500

Credit One (Balance $108) Credit Limit $600

Fingerhut (Balance $1,038) Credit Limit $2,300

Installment - 2 Accounts $16,509 (Motorcycle and Truck) 1 Paid as agreed account

Regency Finance ($175.00 Per Month Payment) "Account opened 3-1-2015" (Balance $6,517)

Wells Fargo ($286.00 Per Month Payment) "Account opened 11-1-2013

CNAC ($350 Per Month Payment) "Closed paid as agreed on 11-1-2013

Inquiries 7

Collections Accounts:

Keybridge (Medical $84) (Paid $84 on 5-21-2015) "Opened 3/1/2012"

Fair Collections & Out (Judgement $3,201) (Not paid) "Opened 7-1-2011"

Enhanced Recovery (T-Mobil $200) (Settlement for $113 on 5-20-2015) "Opened 12-1-2013"

Credit Management(WOW $1,417) (Returning equipement on 5-27-2015 paying $150.00 remaining balance)

Afni Inc (ATT $61) (Paid $61 on 5-20-2015)

MRS BPO LLC (Medical $65.00) (Paid $65.00 on 5-20-2015) Opened 11-1-2014

Equifax:

Revolving - 3 Accouts Last Reported Balances $2,288

Capital One (Balance $78) Credit Limit $500

Credit One (Balance $108) Credit Limit $600

Fingerhut (Balance $1,038) Credit Limit $2,300

Installment - 2 Active Accounts $16,509 (Motorcycle and Truck) 1 Paid as agreed account

Regency Finance ($175.00 Per Month Payment) "Account opened 3-1-2015" (Balance $6,517)

Wells Fargo ($286.00 Per Month Payment) "Account opened 11-1-2013

CNAC ($350 Per Month Payment) "Closed paid as agreed on 11-1-2013

Inquiries 11

Collections Accounts:

Keybridge (Medical $84) (Paid $84 on 5-21-2015) "Opened 3/1/2012"

Fair Collections & Out (Judgement $3,201) (Not paid) "Opened 7-1-2011"

Enhanced Recovery (T-Mobil $200) (Settlement for $113 on 5-20-2015) "Opened 12-1-2013"

Credit Management(WOW $1,417) (Returning equipement on 5-27-2015 paying $150.00 remaining balance)

Afni Inc (ATT $61) (Paid $61 on 5-20-2015)

TransUnion:

Revolving - 4 Accouts Last Reported Balances $2,628

Applied Bank (Balance $85) Credit Limit $500

Capital One (Balance $78) Credit Limit $500

Credit One (Balance $108) Credit Limit $600

Fingerhut (Balance $1,038) Credit Limit $2,300

Installment - 2 Accounts $16,509 (Motorcycle and Truck) 1 Paid as agreed account

Regency Finance ($175.00 Per Month Payment) "Account opened 3-1-2015" (Balance $6,517)

Wells Fargo ($286.00 Per Month Payment) "Account opened 11-1-2013

CNAC ($350 Per Month Payment) "Closed paid as agreed on 11-1-2013

Inquiries 7

Collections Accounts:

Fair Collections & Out (Judgement $3,201) (Not paid) "Opened 7-1-2011"

Enhanced Recovery (T-Mobil $200) (Settlement for $113 on 5-20-2015) "Opened 12-1-2013"

Credit Management(WOW $1,417) (Returning equipement on 5-27-2015 paying $150.00 remaining balance)

Now that is some major details. So where is my question out. With the major push I am making how soon before I see

a major bump in my score. I ask because based just on my CreditKarma/Privacy Guard scores I need about a 80-100 point

jump sooner rather than later. With all that I've lined up to pay etc I will have one collection account left until I pay in next month.

I am trying really hard to turn the corner on my credit score and improve my financial position.

[Anonymous]

Welcome to the forum!

- You said you need 80-100 points. Are you planning to app for something in the near future. If so, what and when.

- When you paid the collections, did you arrange a PFD? I hope you did. 

- Pay off the 3 small balances immediately and don't use those cards again unless is for something smal and you PIF before statement cuts

- Next tackle the Fingerhut which you have at almost 50% UTIL and that's bad

- After paying off Fingerhut, only let one revolving account report less than 7% and the rest should report at 0. Do not allow all revolvers report 0. This is in case you're looking for maximum scoring possible.

[Anonymous]

I did PFD all except one. It was the first one that I set up and prior to getting on this forum. I will be tacking the larger judgement next month. I am unsure if I can negotiate a PFD and a lower pay off. I've received a 40% settlement offer in the mail from them but that wasn't with a PFD request either. Does anyone have any experience with this?

[Anonymous]

Now going back to the original question asked about applying for something in the future. I am purchasing an insurance agency with an effective buy date of 1-1-16. I've got a few hoops to jump to get it. I will be formerly interviewing and applying for financing end of August/first of September. Hence why I am busting my butt now to make quick head way. After applying/interviewing I am unsure when underwritting will manually review and either approve or deny me for the loan.

[Anonymous]

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@Anonymous wrote:

Now going back to the original question asked about applying for something in the future. I am purchasing an insurance agency with an effective buy date of 1-1-16. I've got a few hoops to jump to get it. I will be formerly interviewing and applying for financing end of August/first of September. Hence why I am busting my butt now to make quick head way. After applying/interviewing I am unsure when underwritting will manually review and either approve or deny me for the loan.

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The surest way to get some quick points is to pay down your UTI. Pay off all of the small balances ASAP, and get FH to under 30% and you should see some decent point gains. You'll see more gains when you get FH under 10%

[Anonymous]

Wow has officially been paid and will also be deleted from my report within 7 days. All the other accounts have been pfd except 2 ( one paid but not pfd and the other is the 3200 judgement) card balances are all paid off as suggested. Now we wait 30 days and see where my score lands at.

[Anonymous]

Updated Scores TODAY
Experian - 593  up to 603
Equifax - 608 up to 610
TransUnion - 609 up to 638

Lets work our way top to bottom

Experian:

Revolving - 4 Accouts Last Reported Balances $2,628

Applied Bank (Balance $85 However reporting $290 Still) Credit Limit $500

Capital One (Balance $90) Credit Limit $600

Credit One (Balance $108 However reporting $588) Credit Limit $600

Fingerhut (Balance $1,038) Credit Limit $2,300

Installment - 2 Accounts $16,509 (Motorcycle and Truck) 1 Paid as agreed account

Regency Finance ($175.00 Per Month Payment) "Account opened 3-1-2015" (Balance $6,517)

Wells Fargo ($286.00 Per Month Payment) "Account opened 11-1-2013

CNAC ($350 Per Month Payment) "Closed paid as agreed on 11-1-2013

Inquiries 7

Collections Accounts:

Keybridge (Medical $84) (Paid $84 on 5-21-2015) "Opened 3/1/2012"   (Waiting on deletion)

Fair Collections & Out (Judgement $3,201) (Not paid) "Opened 7-1-2011"  (UNPAID)

Enhanced Recovery (T-Mobil $200) (Settlement for $113 on 5-20-2015) "Opened 12-1-2013"  (Waiting on deletion) 

Credit Management(WOW $1,417) (Returning equipement on 5-27-2015 paying $150.00 remaining balance) (Waiting on deletion) 

Afni Inc (ATT $61) (Paid $61 on 5-20-2015)   (Waiting on deletion) 

MRS BPO LLC (Medical $65.00) (Paid $65.00 on 5-20-2015) Opened 11-1-2014  (Waiting on deletion) 

Equifax:

Capital One (Balance $90) Credit Limit $600

Credit One (Balance $108 However reporting $588) Credit Limit $600

Fingerhut (Balance $1,038) Credit Limit $2,300

Installment - 2 Active Accounts $16,509 (Motorcycle and Truck) 1 Paid as agreed account

Regency Finance ($175.00 Per Month Payment) "Account opened 3-1-2015" (Balance $6,517)

Wells Fargo ($286.00 Per Month Payment) "Account opened 11-1-2013

CNAC ($350 Per Month Payment) "Closed paid as agreed on 11-1-2013

Inquiries 11

Collections Accounts:

Keybridge (Medical $84) (Paid $84 on 5-21-2015) "Opened 3/1/2012"  (Waiting on deletion) 

Fair Collections & Out (Judgement $3,201) (Not paid) "Opened 7-1-2011"   (UNPAID) 

Enhanced Recovery (T-Mobil $200) (Settlement for $113 on 5-20-2015) "Opened 12-1-2013"   (Waiting on deletion) 

Credit Management(WOW $1,417) (Returning equipement on 5-27-2015 paying $150.00 remaining balance)    (Waiting on deletion) 

Afni Inc (ATT $61) (Paid $61 on 5-20-2015)     (Waiting on deletion) 

TransUnion:

Applied Bank (Balance $85 However reporting $290 Still) Credit Limit $500

Capital One (Balance $90) Credit Limit $600

Credit One (Balance $108 However reporting $588) Credit Limit $600

Fingerhut (Balance $1,038) Credit Limit $2,300

Installment - 2 Accounts $16,509 (Motorcycle and Truck) 1 Paid as agreed account

Regency Finance ($175.00 Per Month Payment) "Account opened 3-1-2015" (Balance $6,517)

Wells Fargo ($286.00 Per Month Payment) "Account opened 11-1-2013

CNAC ($350 Per Month Payment) "Closed paid as agreed on 11-1-2013

Inquiries 7

Collections Accounts:

Fair Collections & Out (Judgement $3,201) (Not paid) "Opened 7-1-2011"     (UNPAID)

Enhanced Recovery (T-Mobil $200) (Settlement for $113 on 5-20-2015) "Opened 12-1-2013"    (Waiting on deletion) 

Credit Management(WOW $1,417) (Returning equipement on 5-27-2015 paying $150.00 remaining balance)     (Waiting on deletion) 

Now that is some major details. So what is my question. With the major push I am making how soon before I see

a major bump in my score. I ask because based just on my CreditKarma/Privacy Guard scores I need about a 50-70 point

jump sooner rather than later. With all that I've lined up to pay etc I will have one collection account left until I pay in next month.

I am trying really hard to turn the corner on my credit score and improve my financial position.

[Anonymous]

How did you arrange a PFD with MRS BPO? Can you PM strategy?