topic Re: Maybe someone can point me right direction in Rebuilding Your Credit

Maybe someone can point me right direction

xkaosx — Wed, 14 May 2008 00:16:15 GMT

So my current score is 513.

I have a mixture of old credit card charge offs, car repo, tax lien, student loans.

Only positive thing I have on my account is a car loan that has been paid off.

Total is about $14,000

Everything is in closed charge off or collections status

Im new to this so dont know what else I can provide or if i can just post the complete report.

People have said I just have to suck it up and ride it out and paying it wouldnt change anything.

Most accounts aer over 4-5 years old

Anyone have any suggestions on what I can do to start repairing?

Re: Maybe someone can point me right direction

Anonymous — Wed, 14 May 2008 00:29:25 GMT

Are you already being garnished for the tax lie????

What is the SOL in your state????

Can you list the accounts...as they appear on your reports...for further help????

Re: Maybe someone can point me right direction

Anonymous — Wed, 14 May 2008 02:33:28 GMT

What is your SOL?

http://www.bankrate.com/brm/news/cc/20040116b2.asp?caret=8

If not past SOL they can file a lawsuit........Public records are different then CO.

This thread is for newbiew and is full of info. it also has all the abbrevs that we use.

Some more reading SOL v CRTP

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&thread.id=17466

Ask as many questions as you need!!

Message Edited by HappyDays on 05-13-2008 07:33 PM

Re: Maybe someone can point me right direction

xkaosx — Wed, 14 May 2008 16:57:56 GMT

This is all the accounts-

I am in California I think thats what you are referring for SOL?

The USA Funds are Sallie Mae student loans

Company Account number Date opened Balance Status Paid Late?

Gemb/Tweet Not Reported 11/2001 $6,402 Bad debt/collection Details

Sears/Cbsd Not Reported 11/2001 $0 Pays account as agreed Details

Sallie Mae XXXXXXXXXXXXXXXX1022 11/2001 $8,483 Bad debt/collection Details

Usa Funds XXXXXXX3563 Not on Record $4,430 120+ days past due Details

Usa Funds XXXXXX5139 Not on Record $4,230 120+ days past due Details

Usa Funds XXXXXXX3563 Not on Record $3,988 120+ days past due Details

Wellsfargo XXXXXXXXXXXX0001 6/2000 $0 120+ days past due Details

Pinnacle Not Reported Not on Record $3,843 120+ days past due Details

Creditone Not Reported Not on Record $2,621 120+ days past due Details

Firstfutcu Not Reported 1/2002 $1,080 Bad debt/collection Details

Company name is unknown Not Reported 7/2001 $0 Bad debt/collection Details

Am Gen Fin XXXXXXXXXXXX3287 2/2002 $0 Bad debt/collection Details

Lobel Fin XX7482 7/2003 $0 Pays account as agreed No Details

Re: Maybe someone can point me right direction

xkaosx — Wed, 14 May 2008 16:59:33 GMT

Here are the Public Records- The first was a payday advance loan that I could never repay and the second is the Tax Lien for $1100- Sorry about the format

The legal item filed on Nov 1 2001 should remain forever?

Legal Item filed on Nov 01, 2001 Court of law [?] Not Reported Case number [?] 180VC01510 Date filed [?] Nov 01, 2001 Status [?] Not Reported Status date [?] Not Reported Date reported [?] Not Reported Date complete [?] Not Reported Date verified [?] Not Reported Date paid [?] Not Reported Amount [?] $827 Liability [?] Not Reported Asset [?] Not Reported Exempt [?] Not Reported Plaintiff [?] Not Reported Defendant [?] Not Reported Account holder [?] Not Reported Type of business [?] Not Reported Description [?] Not Reported

Tax Lien filed on Aug 01, 2007 Court of law [?] Not Reported Case number [?] 180VS00067 Date filed [?] Aug 01, 2007 Status [?] Not Reported Status date [?] Not Reported Date reported [?] Not Reported Date complete [?] Not Reported Date verified [?] Not Reported Date paid [?] Not Reported Amount [?] $1,101 Liability [?] Not Reported Asset [?] Not Reported Exempt [?] Not Reported Plaintiff [?] Not Reported Defendant [?] Not Reported Account holder [?] Not Reported Type of business [?] Not Reported Description [?] Not Reported

Re: Maybe someone can point me right direction

xkaosx — Wed, 14 May 2008 17:10:43 GMT

Here are the "collection accounts- I think they are different from above?

Collection on debt to: Sprint Pcs

The collection agency "606yc13027" was hired to collect a debt of $100 originally owed to "Sprint Pcs" on account number "XXX5642".

Collection agency 606yc13027 Original balance $100 Current balance $100 Status Unpaid Date assigned Dec 01, 2005 Date reported Apr 01, 2008 Date last active Sep 01, 2003 Date paid Not Reported Date closed Not Reported Original lender Sprint Pcs Account number XXX5642 Type of account Not Reported Account holder Individual Type of credit Not Reported Payment status Not Reported Largest past balance Not Reported Amount past due Not Reported Account descriptions Not Reported

Collection on debt to: Not Reported

The collection agency "181yc00000" was hired to collect a debt of $1,094 originally owed to "Not Reported" on account number "XX4680".

Collection agency 181yc00000 Original balance $1,094 Current balance $1,729 Status Unpaid Date assigned Jun 01, 2002 Date reported Apr 01, 2008 Date last active Mar 01, 2002 Date paid Not Reported Date closed Not Reported Original lender Not Reported Account number XX4680 Type of account Not Reported Account holder Individual Type of credit Not Reported Payment status Not Reported Largest past balance Not Reported Amount past due Not Reported Account descriptions Not Reported

Collection on debt to: Not Reported

The collection agency "181yc00000" was hired to collect a debt of $98 originally owed to "Not Reported" on account number "XXXXXXXXXXXX3823".

Collection agency 181yc00000 Original balance $98 Current balance $0 Status Paid Date assigned Sep 01, 2005 Date reported Mar 01, 2008 Date last active Jan 01, 2005 Date paid Not Reported Date closed Not Reported Original lender Not Reported Account number XXXXXXXXXXXX3823 Type of account Not Reported Account holder Individual Type of credit Not Reported Payment status Not Reported Largest past balance Not Reported Amount past due Not Reported Account descriptions Not Reported

Collection on debt to: Time Warner Cab

Re: Maybe someone can point me right direction

xkaosx — Wed, 14 May 2008 17:11:09 GMT

The collection agency "682yc04711" was hired to collect a debt of $515 originally owed to "Time Warner Cab" on account number "XXXXX0796".

Collection agency 682yc04711 Original balance $515 Current balance $502 Status Account Disputed Date assigned Nov 01, 2002 Date reported Jun 01, 2007 Date last active Aug 01, 2002 Date paid Not Reported Date closed Not Reported Original lender Time Warner Cab Account number XXXXX0796 Type of account Not Reported Account holder Individual Type of credit Not Reported Payment status Not Reported Largest past balance Not Reported Amount past due Not Reported Account descriptions Not Reported

Collection on debt to: San Diego Gas E

The collection agency "181yc03311" was hired to collect a debt of $750 originally owed to "San Diego Gas E" on account number "XXXXXX3460".

Collection agency 181yc03311 Original balance $750 Current balance $735 Status Unpaid Date assigned Mar 01, 2003 Date reported May 01, 2007 Date last active Nov 01, 2002 Date paid Not Reported Date closed Not Reported Original lender San Diego Gas E Account number XXXXXX3460 Type of account Not Reported Account holder Individual Type of credit Not Reported Payment status Not Reported Largest past balance Not Reported Amount past due Not Reported Account descriptions Not Reported

Collection on debt to: Pc Club

The collection agency "606yc13027" was hired to collect a debt of $215 originally owed to "Pc Club" on account number "XXX9471".

Collection agency 606yc13027 Original balance $215 Current balance $240 Status Unpaid Date assigned May 01, 2002 Date reported May 01, 2007 Date last active May 01, 2002 Date paid Not Reported Date closed Not Reported Original lender Pc Club Account number XXX9471 Type of account Not Reported Account holder Individual Type of credit Not Reported Payment status Not Reported Largest past balance Not Reported Amount past due Not Reported Account descriptions Not Reported

Re: Maybe someone can point me right direction

xkaosx — Wed, 14 May 2008 17:11:46 GMT

Collection on debt to: First Future Cr

The collection agency "181yc01398" was hired to collect a debt of $1,081 originally owed to "First Future Cr" on account number "XX9982".

Collection agency 181yc01398 Original balance $1,081 Current balance $1,081 Status Unpaid Date assigned Jan 01, 2003 Date reported Dec 01, 2003 Date last active Jan 01, 2002 Date paid Not Reported Date closed Not Reported Original lender First Future Cr Account number XX9982 Type of account Not Reported Account holder Individual Type of credit Not Reported Payment status Not Reported Largest past balance Not Reported Amount past due Not Reported Account descriptions Not Reported

Collection on debt to: First Future Cr

The collection agency "181yc01398" was hired to collect a debt of $5,389 originally owed to "First Future Cr" on account number "XX9981".

Collection agency 181yc01398 Original balance $5,389 Current balance $5,389 Status Unpaid Date assigned Jan 01, 2003 Date reported Dec 01, 2003 Date last active Jan 01, 2002 Date paid Not Reported Date closed Not Reported Original lender First Future Cr Account number XX9981 Type of account Not Reported Account holder Individual Type of credit Not Reported Payment status Not Reported Largest past balance Not Reported Amount past due Not Reported Account descriptions Not Reported

Collection on debt to: Cox Communicati

The collection agency "831yc01142" was hired to collect a debt of $35 originally owed to "Cox Communicati" on account number "XXXXXX0612".

Collection agency 831yc01142 Original balance $35 Current balance $35 Status Unpaid Date assigned Jun 01, 2004 Date reported Aug 01, 2004 Date last active Apr 01, 2004 Date paid Not Reported Date closed Not Reported Original lender Cox Communicati Account number XXXXXX0612 Type of account Not Reported Account holder Individual Type of credit Not Reported Payment status Not Reported Largest past balance Not Reported Amount past due Not Reported Account descriptions Not Reported

Re: Maybe someone can point me right direction

xkaosx — Wed, 14 May 2008 17:12:03 GMT

Collection on debt to: Best Buy

The collection agency "606yc13027" was hired to collect a debt of $219 originally owed to "Best Buy" on account number "XXX9024".

Collection agency 606yc13027 Original balance $219 Current balance $269 Status Unpaid Date assigned Jun 01, 2002 Date reported May 01, 2006 Date last active Jun 01, 2002 Date paid Not Reported Date closed Not Reported Original lender Best Buy Account number XXX9024 Type of account Not Reported Account holder Individual Type of credit Not Reported Payment status Not Reported Largest past balance Not Reported Amount past due Not Reported Account descriptions Not Reported

Re: Maybe someone can point me right direction

xkaosx — Wed, 14 May 2008 17:12:21 GMT

Sorry so messy didnt really know how else to put everything here.

Re: Maybe someone can point me right direction

Anonymous — Wed, 14 May 2008 17:16:17 GMT

You need to go to www.annualcreditreport.com...to get your full reports...I don't think myFICO reports are very accurate...in my experience...or sign up for Truecredit...

But, who is the Sprint collection with???

Re: Maybe someone can point me right direction

xkaosx — Wed, 14 May 2008 17:18:33 GMT

I dont even know who sprint is with- I had sprint for 8 years and didnt even know I had a collection with them.

The report is pretty accurate. Ive ordered a copy of all 3 reports befoer and they all pretty much say the same thing.

Re: Maybe someone can point me right direction

Anonymous — Wed, 14 May 2008 17:24:43 GMT

I'm saying so you can know the names of the companies that they are not showing...if you need to send PFD..GW...etc...

Do you have the money to try and PFD these accounts???

$41,000..thats a lot..but it can be done...

Re: Maybe someone can point me right direction

xkaosx — Wed, 14 May 2008 17:58:56 GMT

Its 14,000 actually. lol

Yes you are right. I guess I am just wondering is it even worth trying to pay these off now that they are in charge off and collection mode.

I will be in a situation soon to try to pay some or all of it off but honestly I dont want to try to pay something if its not going to fix anything.

Re: Maybe someone can point me right direction

Anonymous — Wed, 14 May 2008 18:07:32 GMT

Sorry..that's what I meant...just typed in the wrong number...you can definitely do something about the chargeoffs and collections..and it will help you score..you just posted A LOT of stuff...you don't need to post you good accounts..just the charegoffs and collections...

Start off with chargeoffs with the OC and CA reporting....make sure that the OC has a balance of $0 if it was assigned to collections...dispute incorrect balance ASAP...

Try to contact to OC's and see if they will accept payment in exchange for pulling the account from the CA...if they disagree...DV the CA's...if they verify..offer a PFD...

Take it one step at a time...but you need the full addresses of the companies..and you have posted the account as listed in myFICO...which is missing much needed info...

Re: Maybe someone can point me right direction

Anonymous — Wed, 14 May 2008 18:10:02 GMT

A lot of these account are from 2001...meaning a lot will fall off this year..it really doesn't make sense to pay if they will fall off soon...that's why we need to know the DOFD for the companies...