trying to fix my mothers credit please help

Anonymous — Mon, 07 Sep 2015 01:54:07 GMT

so today i signed my mother up for Experian credit tracker pulled her score and report from experian

FICO 8 experian score 619, i know credit utilization is a huge factor for her, we are trying to re-finance away from SANTANDER on her auto loan

were should i start? apply for a few new cc to help utlization

dispute the bad??

FICO 8 EXPERIAN SCORE 619

OLDEST ACCOUNT 20 YEARS 9 MONTHS

AVRAGE AGE OF ACCOUNTS 6 YEARS

I know her credit utilization is at a very high 89%

and my mom when she had great credit had high credit limits paid them off then closed the cards which i know is a big NO-NO

THE BAD

collection $369 open date 05/2011

collection $412 open date 02/2013

collection JCP/SYNCB, no balance listed, open date 07/2001 last payment shows 01/2010

collection DICKS/SYNCB $347 balance, open 07/2009 last payment 07/2010 which is false information last actual payment was 12/2009

collection PENN CREDIT via Verizon, balance $1,189 date open 02/2013 delinquency date with verizon is 09/2010

collection HSBC/RS $893 balance open date 03/2007 last payment 08/2009 report says she made a payment 08/2011 which is false

collection HSBC/BESTBUY balance $1,671 opened 08/2008 last payment 08/2009 report says she made a payment 03/2010 which is false

collection CHARGE OFF FIRST TENNESSEE BANK balance $5,835 open date 06/2008 last payment 08/2008 shows only missed payments since 2013

Collection CAV PRO balance $412 open date 02/2013 she has no idea what this could be

THE GOOD

CAP1 CREDIT CARD $320/500 OPEN no late payments

CAP1 CREDIT CARD $360/500 OPEN late payments

GOODYS CREDIT CARD 0/$750 SAYS ITS OPEN BUT IS CLOSED no late payments

CREDIT ONE CREDIT CARD $306/400 OPEN no late payments

FTNBANK HOME EQ LOAN $14,179/15,000 OPEN 1 late pay 30 days

SANTANDER AUTO $16,941/18,100 OPEN no late pay

SETERUS HOME LOAN SOLD TO BY SUNTRUST $52,717/65,000 OPEN no late pays

SUN LOAN INSTALLMENT $260/570 OPEN no late pays

AMAZON CREDIT CARD $544/600 OPEN no late pays

DISCOUNT-TIRE CREDIT CARD $7/500 OPEN no late pays

WALMART CREDIT CARD $440/500 OPEN no late pays

BOA CREDIT CARD $3,500 PAID-Closed no missed payments

ALLY INSTALLMAENT $14,000 PAID-CLOSED no missed payments

FIA/CSNA CREDIT CARD $11,000 PAID-CLOSED no late payments

SUNTRUST HOME LOAN SOLD TO SETERUS no balance listed on report shows 1 30 day late pay

BELK CREDIT CARD $500 PAID-CLOSED no late pays

CARECREDIT CREDIT CARD $1,600 PAID-CLOSED no late pays

TARGET CREDIT CARD $10,000 PAID-CLOSED no late pays

SOUTH EAST CU CREDIT CARD $1,300 PAID CLOSED no late pays

CBNA CREDIT CARD $1,000 PAID-CLOSED no late payments

CBNA CREDIT CARD $4,500 PAID CLOSED no late payments

CHASE CREDIT CARD $500 PAID-CLOSED no late payments

Re: trying to fix my mothers credit please help

J91605 — Mon, 07 Sep 2015 02:11:14 GMT

I would start with UTI%. Probably the fastest way to get a bump in score. Once thoughs are paid down take the money left over from and start trying to PFD the collections. The collection she doesn't know send a DV letter to find out if the debt is hers. But definitely start with UTI.

Re: trying to fix my mothers credit please help

RandomSpirit — Mon, 07 Sep 2015 02:32:09 GMT

I would go to work on on getting that utility down as a first prioroity if it were me.

Re: trying to fix my mothers credit please help

J91605 — Mon, 07 Sep 2015 03:09:50 GMT

Also good looking out! It's awesome that your helping your mother.

topic Re: trying to fix my mothers credit please help in Rebuilding Your Credit

trying to fix my mothers credit please help

Re: trying to fix my mothers credit please help

Re: trying to fix my mothers credit please help

Re: trying to fix my mothers credit please help