Please help

[Anonymous]

Hi. Recently I disputed something that was fraudrelent and I realized that my FICO score dropped down 682 to 669. I am 24 and the oldest credit card is 6 years old. Now it's time for me to purchase a new car and I'm so worried about my high APR in Auto Loans. 

1. How do I remove all the disputes in the past?

2. How to boost up the score and how long?

3. What is an ideal score for puchasing a car?

Thank you for reading.

[Duke84]

1) You will need to send GW letters to the bureaus to see if they can remove the disputes or change the language.

2) You can maximize on your utilization by having multiple cards reporting $0 balances and one card reporting less than 10%. Do this as long as possible before applying for the new loan.

3) My girlfriend got her '14 Corolla with scores high into the 700s. She ended up getting a 3.99% rate.

[Anonymous]

Thanks for your reply but what is a GW letter?

[Duke84]

A GW letter is a "Good Will" letter. I haven't written one yet, but to sum it up, you explain to the creditor what the situation is/was in hopes that they will perform some type of action that will be beneficial to you, mainly removal of negative information. You have to be truthful in such a letter but, from my understanding, you can't mention anything about trying to improve your FICO scores.

There are whole threads dedicated to GWs. You should look them up and see what's there and see if any can or will help you in the future.