Time to get my act together. Been lurking for a bit but figured it was time to come out of the shadows 
* All pulled 1-April - Fico Score8
Equifax – 620
TransUnion – 584
Experian – 595
Credit History – 7 years
Total Accounts – 28
Revolving Accounts – 7 (all but 2 closed)
8 negatives across accounts
2 HP inquiries - March & April of 2014
1 past collection – Upstate Collection Agency
PIF $406 in April 2014 a car loan was past due; sent to collection. Brought current immediately and has been on time since. Odd thing is is that this installment loan through the credit union is still active and has the one negative reporting of 30 day late for that March.
Installment Loans
Credit Union – [from collection above as well] Beginning auto loan for $16,657. 8.3k remaining. One negative mark from March 2014 (30 day) 5.340%
Navient – No beating around it, lots of loans that add up to ~35k. These are why my total account numbers is so high though
Open Revolving:
Amex CL 2k; have paid down to 1.3k as of April 2 highest APR currently; 27.24%
Open Oct 2012; 3 late payments (Oct & Nov 2013 – 30/60 day; March 2014 – 30 day)
Chase Freedom CL 3k; have paid down CB to 1.5k as of April 2 22.99%
Open Oct 2012; no negative marks
Closed Revolving:
Synchb / Lord & Taylor
PIF; has one neg payment which is reported differently on all 3 reports (all show different dates for late payment) from March 2013. Actually overpaid this card and was issued a refund in June 2013 for $100
Barclays
This is the worst one (?) – Account closed by grantor; was delinquent 120 days in March 2014. Currently owe $2088. Have been making consisent on-time payments since last March.
Wells Fargo
Currently owe $659 – Account closed by grantor; 3 late payments (March & April 2014 – 30/60days & Dec 2014 30 days). This account is one that I had honestly forgotten about and wasn’t receiving statements for / lost access to online banking when the account was closed. Been paying down with a half snow/ball avalanche approach between here and AMEX due to interest rate there and this being the lowest balance remaining.
Credit Union Visa – Under review; account was closed… then reopened. Being reported twice on all reports. Initially opened in 2007 and negative marks are from April/May 2010. 17.9% APR with 2.3k balance remaining
@meeg wrote:Time to get my act together. Been lurking for a bit but figured it was time to come out of the shadows
* All pulled 1-April - Fico Score8
Equifax – 620
TransUnion – 584
Experian – 595
Credit History – 7 years
Total Accounts – 28
Revolving Accounts – 7 (all but 2 closed)
8 negatives across accounts
2 HP inquiries - March & April of 2014
1 past collection – Upstate Collection Agency
PIF $406 in April 2014 a car loan was past due; sent to collection. Brought current immediately and has been on time since. Odd thing is is that this installment loan through the credit union is still active and has the one negative reporting of 30 day late for that March.
Send a GW to Upstate Collection Agency asking for it to be removed. Ridiculous that a collection would even be on there for a 30 day late. A 30 day late in itself is a minor derog, the collection is a major.
Installment Loans
Credit Union – [from collection above as well] Beginning auto loan for $16,657. 8.3k remaining. One negative mark from March 2014 (30 day) 5.340%
You can try for a GW for that late, but it is a minor derog and it loses its sting fast.
Navient – No beating around it, lots of loans that add up to ~35k. These are why my total account numbers is so high though
Open Revolving:
Amex CL 2k; have paid down to 1.3k as of April 2 highest APR currently; 27.24%
Open Oct 2012; 3 late payments (Oct & Nov 2013 – 30/60 day; March 2014 – 30 day)
Still minor derogs that will age appropriately, just keep paying it down and gardening this account.
Chase Freedom CL 3k; have paid down CB to 1.5k as of April 2 22.99%
Open Oct 2012; no negative marks
Keep paying it down, garden well.
Closed Revolving:
Synchb / Lord & Taylor
PIF; has one neg payment which is reported differently on all 3 reports (all show different dates for late payment) from March 2013. Actually overpaid this card and was issued a refund in June 2013 for $100
Minor derogs, send a GW a time or two.
Barclays
This is the worst one (?) – Account closed by grantor; was delinquent 120 days in March 2014. Currently owe $2088. Have been making consisent on-time payments since last March.
Major derog, keep paying it down. Then try the GW route. They aren't receptive to them, might have to ride this one out.
Wells Fargo
Currently owe $659 – Account closed by grantor; 3 late payments (March & April 2014 – 30/60days & Dec 2014 30 days). This account is one that I had honestly forgotten about and wasn’t receiving statements for / lost access to online banking when the account was closed. Been paying down with a half snow/ball avalanche approach between here and AMEX due to interest rate there and this being the lowest balance remaining.
Minor derogs. Just keep paying it off, then try a GW or two.
Credit Union Visa – Under review; account was closed… then reopened. Being reported twice on all reports. Initially opened in 2007 and negative marks are from April/May 2010. 17.9% APR with 2.3k balance remaining
Same as above.
Most of yours are minor and will fade quickly. Once you get your scores up a bit and let these age, you will need to thicken your file a bit with new accounts. But that is still a little ways off.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
meeg,
I would find a new CU. It is shocking that a CU would send you to a CA when only 30 days late!
Starting Score: 472
@meeg wrote:I just pulled up Barclay for all 3 reports (which were pulled last week) and they report as the following
Experian
Status: Closed.
Credit Limit/Original Amount: 3300
TransU
Credit Limit: Credit limit of $2,000 from 10/2012 to 03/2013; $3,300 from 04/2013 to 10/2013; $3,300 from 12/2013 to 12/2013; $3,300 from 03/2014 to 03/2015
Date Closed: 11/14/2014
Equifax
Credit Limit: $ 3,300
Date Closed: 11/2014
Definitely confused by this now, thank-you for your patience in bearing with me. I wholeheartedly agree that my UTI% is dragging me down. After the April 1 report was pulled, I paid the Amex and Chase cards down to the amount in my initial posting. Why would TransU post as CL if the account is closed and include the dates like that?
Its just the way its done, they dont remove that factual info just because the account is closed to further use,
