What to do?

[afijunkie]

I would like to get my scores above 700 within the next year or so..Hopefully. My scores are: TransUnion: 656 Equifax: 650 Experian: 656 Accounts: Amex Delta Gold - CL 2000 - opened in Jan 08 Capital MC - CL 750 - opened Jan 08 Dell - CL 1500 Discover Plat (AU) - CL 4700 Nordstroms - CL 1000 balance 740, opened in Jun 08 Car Loan - 9700 pay off amount I have 1 collection from 2003 ($174). I also have an unpaid CO from 2004($1665). I want to pay off the CO, but i am not sure where to go from there.

[fused]

Hi and Welcome! Your questions are more in line with rebuilding/repair than CCs, so I'm going to move your thread to the Rebuilding Your Credit forum.

[Anonymous]

afijunkie wrote:
I would like to get my scores above 700 within the next year or so..Hopefully. My scores are: TransUnion: 656 Equifax: 650 Experian: 656

Accounts:

Amex Delta Gold - CL 2000 - opened in Jan 08

Capital MC - CL 750 - opened Jan 08

Dell - CL 1500

Discover Plat (AU) - CL 4700

Nordstroms - CL 1000 balance 740, opened in Jun 08

Are these all open, in good standing, no negative marks, accounts? Most were opened this year, once they reach their 1st bday, I think you'll get a few points.

You only list a balance on 1, is that the only one with a balance? You want less than half of your accounts to report a balance and your overall util below 9%, but at least 1%.

Car Loan - 9700 pay off amount

Anything negative?

I have 1 collection from 2003 ($174).

What is the DOFD, DOLA, and SOL? You can find SOL here-

http://www.bankrate.com/brm/news/cc/20040116b2.asp

Who is reporting the collection, the CA or OC? What type of debt is it(credit card, medical, etc)?

Depending on the above answers as to how to proceed with this.

I also have an unpaid CO from 2004($1665). I want to pay off the CO, but i am not sure where to go from there.

Who is reporting the CO? What is DOFD, DOLA, and SOL? What type of debt?

[afijunkie]

Yes sidewinder all the accounts are open with no bad marks on the accounts. The Cap1 account recently got a CL increase from 500 to 750.
The nordstroms account is the only one carrying a balance, but the CO i have from 2003 is 1665, so that affects my utility.
I have no negative pts from the car loan, i have paid on time every time.

The collection is from Comcast, the DOLA is August 2003, i believe the SOL is 4 years in CA. Also a CA is reporting the collection not the OC.

The CO is an old CC debt and the DOLA is May 2005.