topic Re: Trying to Rebuild Credit to start a Family in Rebuilding Your Credit

Trying to Rebuild Credit to start a Family

Anonymous — Fri, 29 Apr 2011 22:08:23 GMT

Hello everyone, Im new to the site and am enjoying reading all the post and responses. I'm in the same situation as Mr. Wyatt. I started building my credit in 2004 and was doing really well until 2008. I lost my job and the collectors started calling but sept of last year I went back to work and finally have enough money to pay off all this debt. i guess my question is, how to go about paying it off so it could be removed from the credit report. The two i've paid off are still on there with a zero balance. Is there anyway to get them removed. Thanks

Re: Trying to Rebuild Credit to start a Family

-Cain- — Sat, 30 Apr 2011 04:23:54 GMT

If they are paid, write goodwill letters to whomever had the accounts.

Re: Trying to Rebuild Credit to start a Family

Anonymous — Sat, 30 Apr 2011 04:49:53 GMT

@Anonymous wrote:
Hello everyone, Im new to the site and am enjoying reading all the post and responses. I'm in the same situation as Mr. Wyatt. I started building my credit in 2004 and was doing really well until 2008. I lost my job and the collectors started calling but sept of last year I went back to work and finally have enough money to pay off all this debt. i guess my question is, how to go about paying it off so it could be removed from the credit report. The two i've paid off are still on there with a zero balance. Is there anyway to get them removed. Thanks

I would always send a DV letter to the CA reporting first. If they validate, send a PFD.

For the ones paid you will need to send GW letters.

Don't send the DV letters if you can't pay in full. They could end up suing you.

Re: Trying to Rebuild Credit to start a Family

Anonymous — Sat, 30 Apr 2011 14:37:52 GMT

What's all the abbreviations stand for? I'm new to all this and tying to figure everything out

Re: Trying to Rebuild Credit to start a Family

Anonymous — Sat, 30 Apr 2011 15:34:44 GMT

Not to be a smartass, but the link to common abbreviations is in his signature, right under where he used them.

Re: Trying to Rebuild Credit to start a Family

MarineVietVet — Sat, 30 Apr 2011 15:55:17 GMT

@Anonymous wrote:
What's all the abbreviations stand for? I'm new to all this and tying to figure everything out

All those can be very confusing. Here is a list of Abbreviations.

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".