My Rebuilding Journey

howellco2 — Sat, 03 Mar 2018 18:09:07 GMT

As of Jan 1st 2017 my Credit looked like this

I had 6 collection accounts and about 19 Accounts in the negative

Tu score was 666

EQ score was 654

EX Score was unknown

Now i had payment plans set up with collection agencys

4 Midland Credit 1 Portfolio recovery 1 Calvery Collections

Was not too worried about credit

However on 2-06-18 I Applied to refinace my car with my credit union and was denined due to many collection accounts and a capitail one charge off that was reporting open with a payment due reporting 120 late

So i pulled my Free Equifax report and Transunion thats how i found out about the negative accounts

So here is what i did I took 5000.00 and placed in my savings account and borrowed the 5k with a shared secure load 24 month term payment is 220 a month and every payment i pay is released from savings hold cost of loan is about $150 worth it to me for the Credit history and loan repayment history with my credit union.

I used the 5K to pay off all the collection accounts I already had all my CCs payed off

4 of the midland accounts were handled by lawyers in my state I have paid them off as of now they are showing paid off in the midland account website but still showing open with Balance as of now midland says they will update some going to wait til April before i dispute

1 midland was too old to sue but i agreed to pay it in full if the removed it from credit file they accepted i paid they removed

1 Calvery was at lawyers in state also had a judgment but i paid it in full they dropped judment ( judgment was not on report) also the entire account has been removed form report

Had 3 old Capital one charge offs from 2011 to 2012 showing paid in full but were charge off I disputed they were removed

Had a Verizion Charge off from 12 years ago was showing paid but accout open i disputed it came off ( i think that may have been a mistake because my credit hstory was 12 years because of it now is 2 years)

Had 1 late payment on a credit card that was a mistake on their part i talked to customer service they said they found the issue and updated credit report to show no late payments

So 5 of the 19 accounts removed rest are under review still but as of 3-01-18

New scores

TU 680 ----

EQ 670 ----

The disputes close about mid March hope more comes off looking foward to my Apirl update Credit union said if i get my score up to 700 i could get a 4% intrest rate on car Refi

Re: My Rebuilding Journey

Anonymous — Sat, 03 Mar 2018 19:22:23 GMT

Congrats on your success!
I noticed you only listed 2 credit scores. Are the scores you provided FICO Scores? If not, you should get your 3 FICO Scores to see what your actual Fico numbers are. Good luck on your rebuild.

Re: My Rebuilding Journey

howellco2 — Sat, 03 Mar 2018 20:02:13 GMT

i plan to join here but waiting til next month once all my open disputes close so i get a more uptodate number

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