@Anonymous wrote:
@EddieK wrote:
@CH-7-Mission-Accomplished wrote:I would apply with DCU first. If they approve you at 1.99% (or 1.49% with direct deposit), stop there.
Slight change in rates with DCU now...2.24%, 1.74% with DD.
ahhh well, still a better rate than I would expect!
You won't get that rate...it requires a 675+ EQ04 score. I didn't want to mislead you, I just wanted to correct what their lowest rate is now. If you apply to DCU, I would wait until your two collections are updated showing closed, if not, you may be declined even for their tier 2 or tier 3 rates. But since their local to you, drop into one of their branches and see what they recommend.
@Anonymous wrote:
@EddieK wrote:
@Anonymous wrote:
@EddieK wrote:
@CH-7-Mission-Accomplished wrote:I would apply with DCU first. If they approve you at 1.99% (or 1.49% with direct deposit), stop there.
Slight change in rates with DCU now...2.24%, 1.74% with DD.
ahhh well, still a better rate than I would expect!
You won't get that rate...it requires a 675+ EQ04 score. I didn't want to mislead you, I just wanted to correct what their lowest rate is now. If you apply to DCU, I would wait until your two collections are updated showing closed, if not, you may be declined even for their tier 2 or tier 3 rates. But since their local to you, drop into one of their branches and see what they recommend.
Ahhh shoot. Got my hopes up for a second. How much should I expect my score to change once they show closed? With that said, what sort of interest rate should I expect given my current situation?
Thank you again!
No problem...it's hard to say. Are the open collections reporting monthly right now? If not, what's the date that they last reported? Your score can actually decrease if it hasn't updated in some time as when it does update, it could reflect as a more recent negative.
Oh yeah..
Equifax: 655
TransUnion: 643
Experian: 659
Enhanced Auto:
Equifax: 673 auto score 8 / 686 auto score 5
TransUnion: 656 " / 682 auto score 4
Experian: 658 " / 691 auto Score 2
Why would they give me my FICO Auto Score 5,4, & 2 if they're no longer using this score anymore? ... probably just to tease me, huh? .. 
Looks like I'll need to shop around and look for lenders that pull Equifax.
@Anonymous wrote:
@EddieK wrote:
@Anonymous wrote:
@EddieK wrote:
@Anonymous wrote:
@EddieK wrote:
@CH-7-Mission-Accomplished wrote:I would apply with DCU first. If they approve you at 1.99% (or 1.49% with direct deposit), stop there.
Slight change in rates with DCU now...2.24%, 1.74% with DD.
ahhh well, still a better rate than I would expect!
You won't get that rate...it requires a 675+ EQ04 score. I didn't want to mislead you, I just wanted to correct what their lowest rate is now. If you apply to DCU, I would wait until your two collections are updated showing closed, if not, you may be declined even for their tier 2 or tier 3 rates. But since their local to you, drop into one of their branches and see what they recommend.
Ahhh shoot. Got my hopes up for a second. How much should I expect my score to change once they show closed? With that said, what sort of interest rate should I expect given my current situation?
Thank you again!
No problem...it's hard to say. Are the open collections reporting monthly right now? If not, what's the date that they last reported? Your score can actually decrease if it hasn't updated in some time as when it does update, it could reflect as a more recent negative.
Well I just pulled my true Fico report this myFICO (before I was going off of Identity Guard). They were close but didn't get to see my enhanced #'s.
Under my collection section, I have 5 (assuming they're reporting monthly if they're on this latest report).
The first one is for Alliance one for $319. Under the Experian status for this, it says "Account seriously past due date/account assigned to attorney, collection agency, or credit grantor's public collection department" and under the TransUnion status it says : " Collection Account" - why would they differ in status. AND I paid this in full in the fall - so why is this still in collections?
2 / 5 collections were paid in full a couple weeks ago so I'm going to check again here soon to see if they've fallen off.
One of the last two is for a Capital One (Midland Funding). Only Experian is reporting this one. Equifax & TransUnion removed them recently, will Experian too soon? The status for this is "No condition/status" and the Description is : "Account In Dispute - Reported By Subscriber (Fcba)."
The last one is for Capital One. All are showing a $0 balance now. Equifax says the Status is Paid (account paid for less than full balance), TransUnion status is "Payment after charge off/collection" (settled - less than full balance), and Experian "Account legally paid in full for less than the full balance." Why would this still be in collections IF they have zero balances?
I apologize in advance for my ignorance here :/ Thank you all for your help, I really appreciate it!!
Although I'm not the most well versed in how to read negative items, I'd first order your free credit reports from each bureau from annualcreditreport(.com) That will show you DOLA. For the open collections that you haven't paid, I'd try to arrange a PFD. And for those already paid, start sending GW letters. Your post would get many more qualified answers in the rebuilding section where posters like gdale6 and RobertEG have tremendous insight and knowledge on the proper steps to take.