topic Re: Help Getting Started in Rebuilding Your Credit

Help Getting Started

schjones1978 — Sat, 03 Jan 2015 02:05:16 GMT

Hi,

I'm new to the site and it is a bit overwhelming. What I would like to do is restore my credit after being irresponsible and identity theft. I have tried to dispute the I'd theft with no success. Now I see that there is a better way to do it. What I done so far to start the restore process is:

1. USAA Secured Card $300

2. Cap One Secured $200

3. Chase Army MR Proprietary Card $250; opened 8/2006 but I haven't used it.

I'm starting with EQ 495 TU 513 EX 495. What can I do to improve?

Cheers,

Re: Help Getting Started

gdale6 — Sat, 03 Jan 2015 02:23:10 GMT

@schjones1978 wrote:
Hi,

I'm new to the site and it is a bit overwhelming. What I would like to do is restore my credit after being irresponsible and identity theft. I have tried to dispute the I'd theft with no success. Now I see that there is a better way to do it. What I done so far to start the restore process is:

1. USAA Secured Card $300
2. Cap One Secured $200
3. Chase Army MR Proprietary Card $250; opened 8/2006 but I haven't used it.

I'm starting with EQ 495 TU 513 EX 495. What can I do to improve?

Cheers,

Ill send you here for the ID Theft procedures, http://ficoforums.myfico.com/t5/General-Credit-Topics/Victim-of-Identity-Theft-What-To-Do-to-Protect-Yourself/td-p/2059499

use them and all the accounts that are not yours can be removed, if any CRA gives you guff after you go throught the steps then a complaint directly to the CFPB will get some results. Looks like you have 3 bankcards which is the minimum one needs to get better Fico scores. You might consider 1 store card that will help in the credit mix but it is not necessary right now, I would be putting in all the time getting the ID Theft accounts resolved first then go after any negatives that are legit while using the revolvers you have now.l

Re: Help Getting Started

schjones1978 — Sat, 03 Jan 2015 03:18:55 GMT

Thanks! What is CFPB?

Re: Help Getting Started

gdale6 — Sat, 03 Jan 2015 03:19:53 GMT

@schjones1978 wrote:
Thanks! What is CFPB?

the federal Consumer Financial Protection Bureau that was created by the Dodd-Frank bill in 2010.

Re: Help Getting Started

schjones1978 — Sat, 03 Jan 2015 03:23:00 GMT

Do you have any recommendations on store cards? Especially with my scores being so low?