Regular Contributor
Posts: 144
Registered: ‎06-28-2012
Re: Our Credit Rebuilding Journey-Please help!!!!
[ Edited ]

I do not know what our scores are but they are much better!! The green stuff is all the new stuff and changes!!! This forum has helped me soooo much and I cannot thank you all enough! Smiley LOL


My debts:

I originally had 5 collections, 2 chargeoff's and 1 auto loan with lates  


Therefore I have 5 negatives left on my credit report: (2 CA's, 2 CO's, 1 auto loan with lates)


Creditor Name: AFNI
Original Creditor Name: AMP D MOBILE
Amount: 1044 set to fall off 6/2014


Creditor Name: MIDLAND FUND
Original Creditor Name: CAPITAL ONE BANK USA N A
Amount: 1515 set to fall off 5/2015


2 charge offs Credit card accounts from HSBC(2004)set to fall off 7/2014 and CAP1(2003) set to fall off 5/2015 various 30,60,90,120 lates in 2007-before that good history


I had a car loan 6/2005-6/2010 with (9) 30 days late (3)2010 (5)2009 (1)2008 all positive before


Positive Accounts:

I have one current auto installment loan current/never late as of 6/2011- refied to a lower rate still current Smiley Happy


Jcpenny(2001)   0/1000  Never Late

CreditOneBank (2009) 0/750 Never Late

Best Buy MC (2011)   0/500 Never Late

Macys (2006) 2200/2700 Never Late----0% for 12 months on furniture...will be paid off Jan 2013


Newly added

Capital1 (2012) 0/1000 Never Late

Lane Bryant (2012) 0/500 Never Late

Walmart (2012) 0/1000


 Total utlization ~30% not great but will be below 9% in January




SO here is the plan for me:

-Pay for delete Midland and AFNI---Still working on this

-Pay down CC to 9%- raise all credit limits with soft pulls

-Goodwill chargeoffs and auto loans---taking a break from this for a while since it's not working!!!





Now for my hubbies:


He originally had 8 negative/collection acts:


and as of 12/15/12 He will only have a HSBC chargoff!!! I got the rest off with some PFD and DV's!!!Smiley Happy


I've added him to 3 of my oldest cards

Walmart (2012)   0/400 Never Late




SO here is the plan for hubby:

Get utilzation under 9% which will make his score go up!

Starting Scores:
Lender Pull 7/10/2012 EQ 585 EX 617 TU 551
8/2012 MyFico EX 598 01/2013 EX 608 2/2013 EX 620 Smiley Surprised)
9/12/2012 624 (Fico Discover)
02/7/2013 660 (Fico Wally)
At least I'm heading in the right direction!!!

Goal Score:740+, home loan and Get rid of subprime cards!!!