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Trying to build / rebuild my credit. Thoughts and opinions needed!

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Insomnia
Established Member

Trying to build / rebuild my credit. Thoughts and opinions needed!

I'm not quite sure how to start, but like a lot of us here, I was young and foolish and never thought credit would be such an important thing down the road.  Now that I'm older and trying to start fresh, I'd appreciate any and all input regarding my credit situation.  I've included a list of everything on my CR for you to review. 

 

 

Here are all of things on my Experian Report -

 

 

GECRB/JCP

 

Experian:

 

Condition:  Transferred

Balance: $0

Type: Charge Account

Pay Status: Collection / Chargeoff

Past Due: $0

High balance: $0

Terms: 

Limit: $150

Payment: $0

Opened: 01/01/2007

Reported: 12/17/2007

Responsibility: Undesignated

 

Equifax:

 

Condition:  Derogatory

Balance: $95

Type: Charge Account

Pay Status: Collection / Chargeoff

Past Due: $95

High balance: $95

Terms: Provided

Limit: $0

Payment: $0

Opened: 01/01/2007

Reported: 08/01/2007

Responsibility: Undesignated

 

JEFFCAPSYS / Washington Mutual

 

High Balance: $119

Date Opened: 11/11/2011

Date Reported: 6/14/2013

Balance: $119

Condition: 11/13/2011

Responsibility: Individual



 

 

OVERTON RUSS

 

Transunion:

High Balance: $1,007

Date Opened: 02/13/2009

Date Reported: 01/13/2011

Balance: $1,007

Condition: 11/13/2011

Responsibility: Individual

 

Experian:

High Balance: $1,007

Date Opened: 02/01/2009

Date Reported: 01/13/2011

Balance: $1,007

Condition: 01/01/2011

Responsibility: Individual

 

 

OVERTON RUSS

 

TransUnion:

 

High Balance: $1,534

Date Opened: 11/30/2007

Date Reported: 6/11/2009

Balance: $1,534

Condition: 06/11/2009

Responsibility: Individual

 

Experian:

 

High Balance: $1,534

Date Opened: 11/01/2007

Date Reported: 6/11/2009

Balance: $1,534

Condition: 06/01/2009

Responsibility: Individual

 

 

ALLIED COLLECTION

 

TransUnion:

 

High Balance: $134

Date Opened: 09/13/2007

Date Reported: 12/06/2007

Balance: $143

Condition: 12/06/2007

Responsibility: Individual

 

Experian:

 

High Balance: $134

Date Opened: 09/01/2007

Date Reported: 12/06/2007

Balance: $143

Condition: 12/01/2007

Responsibility: Individual

 

 

MED-REV REC

 

TransUnion:

 

High Balance: $50

Date Opened: 01/22/2007

Date Reported: 06/15/2007

Balance: $50

Condition: 06/15/2007

Responsibility: Individual

 

 

JEFFERSON CAPITAL SYST

 

Experian:

 

Condition:  Derogatory

Balance: $119

Type: Unknown - credit extension, review, or collection

Pay Status: Collection / Chargeoff

Past Due: $119

High balance: $119

Terms: 

Limit: $0

Payment: $0

Opened: 11/01/11

Reported: 06/14/2013

Responsibility: Undesignated

Message 1 of 2
1 REPLY 1
llecs
Moderator Emeritus

Re: Trying to build / rebuild my credit. Thoughts and opinions needed!

Welcome to the forums!

I'd suggest reading the following:

Common Abbreviations

Credit Scoring 101 - great for knowing what is in your credit score and to see how your score is impacted.

What Steps Do I Take - great for learning the repair process.

and Example letters - PFDs, GWs, DVs, etc.

 

If I had what you have, I'd do the following....

 

JCP - GW (looks paid to me, well sold. EQ probably hadn't updated based on the reported date).

 

Jefferson Cap - send a DV. If they verify and you agree, then send a PFD.

 

Overton x2 - When's the DOFD for both? This is a CA and the opened date always comes after the DOFD. Date opened is when this CA took things over or bought the debt. If approaching the 7-7.5 yrs, I'd probably let it be. Otherwise I'd send a DV. If they verify and you agree, then send a PFD. If they agree in writing, then pay it and they'll delete. Since they hold both debts, they may ask you to pay both debts if they were to agree to a PFD. If you ever mailed a cashier's check or MO, be sure to indicate which debt is being paid on the payment and of course make a copy.

 

Allied - could be short lived too. Send a DV. If they verify and you agree, then send a PFD.

 

Med-Rev - also old. Assuming you didn't want to wait, send a DV. If they verify and you agree, then send a PFD.

 

 

 

 

Message 2 of 2
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