topic Re: I'm Back! Need some Advice! Rebuild time! in Rebuilding Your Credit

I'm Back! Need some Advice! Rebuild time! 6/19 UPDATE! 2nd UPDATE 7/6/15

izzesparks — Tue, 07 Jul 2015 02:37:36 GMT

@izzesparks wrote:
Hi everyone! Long time no see! Just need some advice on what else I should be doing. I have been a part of this forum for many years now and I have taken and heeded so much advice that my head is about to explode and now I just want to make sure I am not forgetting anything. I tried to keep it short

Last time I was on I hadn’t reached the 600 club yet. But I am here now in the 600 club! Still the low 600’s but its progress. Unfortunately slow progress because a lot has happened since I was last on here. I am now officially divorced. I finally have permanent steady income, no temp services anymore phew. I have had to reevaluate my budget and cut a lot of things out. No cable, no home phone, monitor my electric bill like a hawk and learn to like the darkness, cold in the winter and the heat in the summer. I have an older smart phone, had to do without the latest gadgets and gizmos, which truly hurts my heart because I am an electronic fiend. No tablets here, no high tech laptops. Instead of buying a new car and making payments I bought a really good used gas-efficient car cash, paid in full. But since it’s still a newer car I am paying for full coverage insurance, my only splurge.

I have spent this time away from this forum truly taking heed to the lessons I learned on here and reflecting on my situation. I have paid nearly everything off! It took some time but I only have 2 creditors left ‘that I know of’ to pay.One of the creditors has not reported to the bureaus yet but I want to take care of them before they do. Most of the ones I paid have already fallen off because of SOL. I was getting to the point I had the problem where I didn’t just have bad credit, I had NO credit. I hadn’t opened any new accounts until this year. Just today I opened a $500 Secured Personal loan and a few months ago I opened a $300 Secured Credit Card at my credit union. I also applied for a Quicksilver CapOne card and was approved for $300. I just started school this year and there is now a financial aid loan of $1750 that is reporting on my credit report as deferred right now. I tried to prequal for some more but was denied by all of them. So far only quicksilver would approve me.

My plans are to move out of state next May and get an apartment for 6 months while I get the lay of the land and then purchase my FIRST home!! Hopefully everything has aged by then and I have had some CLI’s.
My situation in a nutshell (Transunion was only report pulled) USED CREDITCHECKTOTAL TO PULL ALL 3 FICO REPORTS

The good:
UPDATES BELOW FROM 7/6/15
SDFCU Visa Secured $300 – reporting paid on time every time
Quicksilver Unsecured $300 – not reporting yet
Secured Personal Loan $500- not reporting yet
Utility- reporting paid on time every time
NEW CARDS ADDED-
Cap One Platinum MC Unsecured-not reporting yet
Victoria Secret-not reporting yet
Marisota-not reporting yet
Sent a Goodwill email for the Portfolio account listed below 6/1/15, now must wait patiently. UPDATE!! 7/6/15 SENT 3 GOODWILL LETTERS NO RESPONSE.

The bad:
DEBT RECOVERY SOLUTIONS- I PAID IN FULL ON 5/27/15 Haven't found a good email contact to send a GW letter, but the search continues....
Original Creditor
11 VERIZON MARYLAND INC
Status-Open
Opened Date-Mar 06, 2014
Balance -$146

Collection Agency-FCO
Original Creditor HERITAGE WOODS
Status -Open
Opened Date -Jan 21, 2011
Responsibility – Joint (THIS IS IN BOTH MY NAME AND MY EX-HUSBAND, AND HE SAYS HE WILL HELP PAY, BUT HE IS NOT GREAT AT FOLLOW THRU)
Balance- $1,912 (They have agreed to settle for less than owed for $978) STARTED PAYMENTS, ASKED SEVERAL TIMES FOR A PFD, EVEN ASKED A SUPERVISOR AND THE RESPONSE WAS A BIG FAT NO, SO I AM GOING TO GO THE GOODWILL ROUTE.

Collection Agency
PORTFOLIO Recovery (I ALREADY PAID A SETTLEMENT FOR LESS THAN OWED, ON 5/27/15)
Original Creditor HSBC BANK SENT GW LETTER, NO RESPONSE
Status -Open
Opened Date-Apr 15, 2013
Balance -$518

Collection Agency
RECEIVABLE SOLUTION (PAID IN FULL ON 5/27/15) THEY HAVE AGREED TO DELETE YAY!
Original Creditor MED1 AMERICAN CURRENT CARE
Status Open
Opened Date Jul 25, 2013
Balance $101

Collection Agency
UNITED CONSUMERS (PAID IN FULL ON 5/27/15) THEY HAVE ALREADY DELETED FROM ALL 3 CRA'S YAY!
Original Creditor MED1 EMERGENCY PHYSIC
Status Open
Opened Date Oct 06, 2011
Balance -$109

ACS/JP MORGAN (PAID IN FULL ON 2/25/15) Tried several times for a goodwill, no response
Original Creditor- Wells Fargo education services
Status- closed
open date- 04/2004
balance- $3000

ACS/JP MORGAN (PAID IN FULL ON 2/25/15) Tried several times for a goodwill, no response
Original Creditor- Wells Fargo education services
Status- closed
open date- 04/2004
balance- $800

ECMC (TRANSFERRED TO ACS/JP MORGAN) Tried several times for a goodwill, no response
Original Creditor- Wells Fargo education services
Status- closed
open date- 04/2004
balance- $800

ECMC (TRANSFERRED TO ACS/JP MORGAN) Tried several times for a goodwill, no response
Original Creditor- Wells Fargo education services
Status- closed
open date- 04/2004
balance- $3000

A new account was added to my credit report
Trident asset - original creditor - Lowe's home improvement
I disputed the account since I do not remember ever shopping there, claims I wrote a bad check. I don't even have a checkbook, never have.

A new creditor sending letters to me now (boy they sure are coming out of the woodworks, not that I have started paying everyone off) NOT reporting to CRA's yet, going to try to take care of this next week before it does.
Sooooooooooo what should I do know????!!!! Thanks in advance for any advice given!

Re: I'm Back! Need some Advice! Rebuild time!

Anonymous — Tue, 02 Jun 2015 05:00:30 GMT

Congrats. I commend you for taking the required steps to get your credit house in order. I must say it's really nice to read a post like yours, compared to a few, like the one where an OP was 5 month's out of BK and asking how he could get financed for the top tier, King Ranch, 55K, F150. Which might be just fine, but doesn't seem like someone who learned anything from their past mistakes. I wish you the best !!!

Re: I'm Back! Need some Advice! Rebuild time!

Anonymous — Tue, 02 Jun 2015 05:09:29 GMT

Looks like you're right on target. Kudos for doing such a fantatic job! Your best times are just around the corner. Yes, it is very nice to hear someone getting their ducks in a row & not trying to go out & jump back into a mess. Wish you well.

Re: I'm Back! Need some Advice! Rebuild time!

izzesparks — Tue, 02 Jun 2015 12:22:40 GMT

@Anonymous wrote:
Congrats. I commend you for taking the required steps to get your credit house in order. I must say it's really nice to read a post like yours, compared to a few, like the one where an OP was 5 month's out of BK and asking how he could get financed for the top tier, King Ranch, 55K, F150. Which might be just fine, but doesn't seem like someone who learned anything from their past mistakes. I wish you the best !!!

LMBO!! You are hilarious, thank you!!

Re: I'm Back! Need some Advice! Rebuild time!

izzesparks — Tue, 02 Jun 2015 12:23:45 GMT

@Anonymous wrote:
Looks like you're right on target. Kudos for doing such a fantatic job! Your best times are just around the corner. Yes, it is very nice to hear someone getting their ducks in a row & not trying to go out & jump back into a mess. Wish you well.

Thanks a bunch!

Re: I'm Back! Need some Advice! Rebuild time!

gdale6 — Tue, 02 Jun 2015 14:00:42 GMT

If you didnt get PFDs for those CAs that you paid then once they are updated to paid status you begin a GW letter campaign to the office of the CEO asking for removal of the TL. I would be sending the letters via US Mail email is impersonal. You want to have 3 bankcards and 1 store card at minimum, the store card can wait till later. Good luck in your credit journey

http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/GW-letter-Q-amp-A-Examples-and-GW-Success-Stories/td-p/1573680

Re: I'm Back! Need some Advice! Rebuild time!

Anonymous — Tue, 02 Jun 2015 16:03:36 GMT

Apply for a second Cap One card. Go for the Platinum, and in six months upgrade it to the QS.

Re: I'm Back! Need some Advice! Rebuild time!

izzesparks — Tue, 16 Jun 2015 05:32:56 GMT

@gdale6 wrote:
If you didnt get PFDs for those CAs that you paid then once they are updated to paid status you begin a GW letter campaign to the office of the CEO asking for removal of the TL. I would be sending the letters via US Mail email is impersonal. You want to have 3 bankcards and 1 store card at minimum, the store card can wait till later. Good luck in your credit journey

http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/GW-letter-Q-amp-A-Examples-and-GW-Success-Stories/td-p/1573680

Thanks for the advice! I will continue to update!

Re: I'm Back! Need some Advice! Rebuild time!

izzesparks — Tue, 16 Jun 2015 05:33:56 GMT

@Anonymous wrote:
Apply for a second Cap One card. Go for the Platinum, and in six months upgrade it to the QS.

I have a quicksilver already, but I will try to apply for a second cap card this week, thanks for the advice!

Re: I'm Back! Need some Advice! Rebuild time!

Anonymous — Tue, 16 Jun 2015 11:15:14 GMT

Please let us know how you make out with Cap One. Try the prequal webpage and see if anything comes up. It's surprising sometimes how these lender's work. I have a Wells Fargo 2K secured VISA I opened in February. I was hoping to get them to graduate as my scores have gone up significantly since than. I was told "it's too soon. You'll have to wait at least 12 month's." So I than appd for a Wells Fargo Propel Amex and was approved with 2500. CL. So you never know.

Re: I'm Back! Need some Advice! Rebuild time!

izzesparks — Fri, 19 Jun 2015 13:59:34 GMT

UPDATE! Small Victory! I disputed United consumers on my transunion report and VOILA! They have removed their account from all three credit bureaus, YAY! One down, many more to go lol!

Re: I'm Back! Need some Advice! Rebuild time!

izzesparks — Fri, 19 Jun 2015 15:14:03 GMT

WooHooooooo! Another quick update, only 5 minutes ago I found this link on credit karma http://www.creditonecards.com/pre-qualification.php?C1BSourceID=C1B1 that lets you prequalify for a credit card! Which I have tried many many many times only to recieve the message sorry we couldn't prequalify you at this time but here are some SECURED cards you may like which sucks! I decided to try one more time at this link and was totally surprised to get preapproval for a platinum card yay! Mind you, this card is probably the worst card to get and I will probably never ever use it, just need it to help with my utilization scores. The fees are high, the rates are high, the balance is low........but oh well I am still doing the happy dance!!!

Re: I'm Back! Need some Advice! Rebuild time!

thomasjm99 — Fri, 19 Jun 2015 15:21:54 GMT

@izzesparks wrote:
WooHooooooo! Another quick update, only 5 minutes ago I found this link on credit karma http://www.creditonecards.com/pre-qualification.php?C1BSourceID=C1B1 that lets you prequalify for a credit card! Which I have tried many many many times only to recieve the message sorry we couldn't prequalify you at this time but here are some SECURED cards you may like which sucks! I decided to try one more time at this link and was totally surprised to get preapproval for a platinum card yay! Mind you, this card is probably the worst card to get and I will probably never ever use it, just need it to help with my utilization scores. The fees are high, the rates are high, the balance is low........but oh well I am still doing the happy dance!!!

You may want to try to Cap One pre qualify site as well then... I got approved for a QS1 and Platinum through them with scores in 580-590 range.

Re: I'm Back! Need some Advice! Rebuild time!

izzesparks — Fri, 19 Jun 2015 15:43:56 GMT

@thomasjm99 wrote:
@izzesparks wrote:
WooHooooooo! Another quick update, only 5 minutes ago I found this link on credit karma http://www.creditonecards.com/pre-qualification.php?C1BSourceID=C1B1 that lets you prequalify for a credit card! Which I have tried many many many times only to recieve the message sorry we couldn't prequalify you at this time but here are some SECURED cards you may like which sucks! I decided to try one more time at this link and was totally surprised to get preapproval for a platinum card yay! Mind you, this card is probably the worst card to get and I will probably never ever use it, just need it to help with my utilization scores. The fees are high, the rates are high, the balance is low........but oh well I am still doing the happy dance!!!
You may want to try to Cap One pre qualify site as well then... I got approved for a QS1 and Platinum through them with scores in 580-590 range.

Thanks!! I just tried to Cap One pre-qualify site and got the same tired oh message offering me a secured card. I already have a QS card. My scores are in the low 600 right now.

Re: I'm Back! Need some Advice! Rebuild time!

izzesparks — Tue, 07 Jul 2015 02:40:34 GMT

Does anyone have any contact info for any of the creditors in my post? Yes, I have tried google, searching forums here and elsewhere.

Re: I'm Back! Need some Advice! Rebuild time! 6/19 UPDATE! 2nd UPDATE 7/6/15

Anonymous — Tue, 07 Jul 2015 03:26:50 GMT

@izzesparks wrote:
@izzesparks wrote:

A new account was added to my credit report
Trident asset - original creditor - Lowe's home improvement
I disputed the account since I do not remember ever shopping there, claims I wrote a bad check. I don't even have a checkbook, never have.

A new creditor sending letters to me now (boy they sure are coming out of the woodworks, not that I have started paying everyone off) NOT reporting to CRA's yet, going to try to take care of this next week before it does.
Sooooooooooo what should I do know????!!!! Thanks in advance for any advice given!

Use the ID Theft Provision (FCRA 605B) to remove items that you know are not yours.