topic Re: Rebuilding and working on my report in Rebuilding Your Credit

Rebuilding and working on my report

MikeB4 — Sat, 21 Sep 2024 03:16:55 GMT

So a week ago I got approved again for a Cap 1 Quicksilver still waiting on the card but my plan for the time being is to use it only to pay for my streaming sub, I don't think anything is wrong with that?

Now for the report I have a few things like something from portfolo recovery it's not that high of amount but I'd would like to see it paid.. the three larger things are Discover CO which I'm not sure if it's showing on some of the reports and a repo in which I co-signed for someone but it's 7 years so I think it's fallen off as I don't see it being on any off the credit reports anymore.

I understand that Discover doesn't forget but what about the others? Do I have to wait to get something in the mail to pay them off?

Re: Rebuilding and working on my report

FireMedic1 — Sat, 21 Sep 2024 07:01:56 GMT

Portfolio will delete the collections off your report after you settle or pay in full. Get that done with. Go to their website. Disco you can settle or PIF. Once thats done. If its a CO. It will quit updating each month and fall off after 7yrs. Getting back in will take time.

Re: Rebuilding and working on my report

MikeB4 — Sat, 21 Sep 2024 12:01:01 GMT

I just logged in I just see the Cap 1 charge off and Synchrony Bank and those are the only two items showing they have for payment plans for that given the age of the two of them paying the two of them off just stops it from reporting? How would that effect my score?

Re: Rebuilding and working on my report

MissLiz — Sat, 21 Sep 2024 12:17:01 GMT

@MikeB4 wrote:
I just logged in I just see the Cap 1 charge off and Synchrony Bank and those are the only two items showing they have for payment plans for that given the age of the two of them paying the two of them off just stops it from reporting? How would that effect my score?

You didn't mention how old they are? Do you know the DOFD of your charge offs?

Re: Rebuilding and working on my report

MikeB4 — Sat, 21 Sep 2024 12:39:46 GMT

I just pulled my TU report the cap 1 date is showing a fall off of 1/2025 the Syncbank isn't showning on the TU report but I have stuff that's showing as paid but still showing under adverse info.

Re: Rebuilding and working on my report

myscoresucks2 — Sat, 21 Sep 2024 17:02:04 GMT

Hi, that account, cap one and any others that have a fall off date before the end of March 2025 are eligible for early exclusion. Reason for dispute is account to old to remain on report. Just check that box and submit dispute. Go to transunion dispute site to submit. A lot of times it will be deleted instantly within a couple of min. Do not submit any account that is more than 6 mo out it will slow down the process!

Re: Rebuilding and working on my report

MikeB4 — Sat, 21 Sep 2024 18:02:59 GMT

I just need to go on TU and pick dispute? I don't see anything talking about late payments just only it's not mine or it's inaccurate

Re: Rebuilding and working on my report

myscoresucks2 — Sat, 21 Sep 2024 18:18:29 GMT

Re: Rebuilding and working on my report

myscoresucks2 — Sat, 21 Sep 2024 18:22:02 GMT

So click the account is inaccurate,then account is to old to be on account. Then follow prompts to submit. I would only delete accounts that are 6 months from natural deletion, I have never had any account with just lates removed, some on this site may have had a different experience.

Re: Rebuilding and working on my report

MikeB4 — Sat, 21 Sep 2024 19:26:41 GMT

Ok did just that I'll see what happens seems like it will update in October at the least.

Re: Rebuilding and working on my report

FireMedic1 — Thu, 26 Sep 2024 07:13:08 GMT

@MikeB4 wrote:
I just logged in I just see the Cap 1 charge off and Synchrony Bank and those are the only two items showing they have for payment plans for that given the age of the two of them paying the two of them off just stops it from reporting? How would that effect my score?

Main thing it will quit updating each month as a CO. Other thing it will no longer count against your overall aggregte util percentage.