topic Re: Hi Everyone!! in General Credit Topics

Hi Everyone!!

cortez2122 — Fri, 03 Oct 2008 21:46:59 GMT

My name is Ben and I am new to the FICO forums!! I have seen many success stories and it motivated me to get all my credit troubles behind me. I just spent 3K on past due collections I am hoping to be in the 600 range all across the board in January. Any support will be appreciated. Thanks everyone!!

TU: 565 EQ: 531 EX: 521

Re: Hi Everyone!!

llecs — Sat, 04 Oct 2008 02:18:15 GMT

@cortez2122 wrote:
My name is Ben and I am new to the FICO forums!! I have seen many success stories and it motivated me to get all my credit troubles behind me. I just spent 3K on past due collections I am hoping to be in the 600 range all across the board in January. Any support will be appreciated. Thanks everyone!!

TU: 565 EQ: 531 EX: 521

If you paid an OC, and if these are CCs, then there might be some gains. If these were CAs, then you won't likely see an increase in scores. But on the flip-side, $3k in debt paydown is nothing to sneeze at. Congrats.

Re: Hi Everyone!!

cortez2122 — Sat, 04 Oct 2008 13:28:32 GMT

Thanks for the reply! I was talking to the CA over the phone and he said my score should jump in a few. However, I know everyone on this board knows their stuff. That is a bummer he sure got my hopes up!

Re: Hi Everyone!!

llecs — Sat, 04 Oct 2008 14:06:22 GMT

@cortez2122 wrote:
Thanks for the reply! I was talking to the CA over the phone and he said my score should jump in a few. However, I know everyone on this board knows their stuff. That is a bummer he sure got my hopes up!

Never ever talk to a CA. Never call a CA. And never trust a CA. Their word is never their bond. They will say anything to get you to pay.

However, if paid or settled, you could send a GW to ask them to remove it.

Re: Hi Everyone!!

cortez2122 — Sun, 05 Oct 2008 03:03:42 GMT

I think I may. Of the 4800 I was in debt it says 2200 is revolving credit. I paid most of the 2200 off. Do you think this may help my credit score? Thank you again llecs!!

Re: Hi Everyone!!

Anonymous — Sun, 05 Oct 2008 03:15:00 GMT

@cortez2122 wrote:
Thanks for the reply! I was talking to the CA over the phone and he said my score should jump in a few. However, I know everyone on this board knows their stuff. That is a bummer he sure got my hopes up!

The only "jump" you'll see is in decreased utilization (how much credit available versus how much being used). Otherwise, FICO sees a collection as a collection, paid or unpaid.

Were any of these medical bills??

If you want the best advice on repairing and rebuilding your credit, sneak on over to the "Rebuilding Your Credit" forum and start posting questions and your "baddies!!"

The people in the RYC forum are AMAZING!! And you'll see Ilecs there -- and yep, he's one of the BIGGEST reasons WHY it's so amazing!!!

Re: Hi Everyone!!

cortez2122 — Sun, 05 Oct 2008 14:00:18 GMT

I sure will!! This gets me down... but oh well it still feels good to get rid of some debt. Thank you very much Wonderin. This is an amazing forum with quality people helping total strangers!

Re: Hi Everyone!!

cortez2122 — Sun, 05 Oct 2008 14:01:45 GMT

Sorry to answer your question... no they were not medical bills however I was in the military and was deployed oversees so this hurt some as far as getting the bills.

Re: Hi Everyone!!

Anonymous — Sun, 05 Oct 2008 15:26:06 GMT

@cortez2122 wrote:
Sorry to answer your question... no they were not medical bills however I was in the military and was deployed oversees so this hurt some as far as getting the bills.

GW these negatives - pull the soldier card for sympathy!!

Thanks for your service!

Re: Hi Everyone!!

cortez2122 — Sun, 05 Oct 2008 21:01:51 GMT

Hey Schnapple! I think I will GW the negatives! Do you know what revolving credit is? I have 2200 in that area. I did however pay about 3000 dollars of debt down from 4800. So I think I can get my scores raised.....or at least I am hoping. I may try the military card just not to the point where I am trying to abuse it lol. Service to the country was well worth it because of people like you all! I love this forum.... some amazing people willing to help total strangers. Thanks for the help Schnapple!!

Re: Hi Everyone!!

Anonymous — Sun, 05 Oct 2008 22:04:25 GMT

I don;t think there is much of a way for someone who actually was deployed to overplay the service card. In your shoes, I would not hesitate to GW lates that occurred due to being deployed overseas and I would not feel bad about it in the least bit. It is really a shame that toe government hasn't figured out a way to help you guys out of these situations anyway. I have talked to a bunch ox current and/or ex servicemen/women that had horrible credit stuff due to deployments, trouble getting bills, and trouble with expenses and stuff due to the deployments. In any cases these led to people loosing their home, etc due to extended deployments and strain on the finances. Anyways, GW away without any guilt...

Also, no one should ver feel guilty GWing as you are asking a favor, not trying to lie to get it removed. You are jsut saying hey, I messed up and here is why. Can you be nice and make it a little easier on me if I can pay you back (or already have)