Hi, Skilover--I see you found the paragraph button--bet you're on Firefox! Lithium is working on getting the Firefox version to be more user-friendly. And be forewarned--if you ever go back and edit a post, you'll have to click the button again, or it will be a huge blob again.
Thanks--There WERE breaks when I wrote it, I don't know what happened! My frustration is there actually appears I can do nothing at all, but wait, have NO lates, and slowly pay down balances. Running the model, paying them down to zero, 10%, etc, did nothing at all meaningful. I have read the site, I see not much more to do, other than the possibility of Good will letters. What is CMRRR? Kindly,
Navy Fed: Do I need to be or have been in the Navy? My only connection to them is my father used to be a civilian consultant to them, but that may have been somewhat classified. I was never in any military.
I tried a bunch of supposed "BK" friendly credit cards listed in one thread on this site, and they ALL blew me off, including a "Christian Credit Union" and various others. Believe it or not my best luck has been with WAMU, but I bank there.
I appreciate your help. What a MESS.
Does anyone think the SIZE of the BK matters? Mine was quite spectacular, lots of accounts, lots of money.
OH, yes, I use FIREFOX, and finally realized you have to manually check a box to convert "carriage returns" to line breaks.
AND, regarding the FICO model, I think in my case it just isn't working well. Maybe there were so many accounts in the BK that it will just take forever to outweigh that mess with good accounts, I don't know. I ran the model over and over, and doing NOTHING for 12 months other than pay down $100/mo does more than paying off all my accounts immediately. That makes NO sense. It seems clear, assuming the model is good, that I can do nothing but wait at this point.
My total card balances aren't that much in the grand scheme of things. I used to have huge balances, not only absolute but as a ratio, and had scores well over 700. Now, with a 50% useage, and a total balance of $4,000 I am being killed, with one score at 558. But, paying it off doesn't help, either, it just gives FICO an excuse to complain, but it may not matter to pay it all off. I play to pay it off as fast as I can, just to see. However, depending on when I pay vs when they report, it may be impossible to use the cards and show no balances. I need to use the cards for business.
Message Edited by SkiloverLA on 10-13-2007 10:21 AM