Finally got a milestone limit

[CreditInspired]

Huge congratulations @quamfy and welcome to MyFICO

It never fails—patience, hard work, and a focused goal always win the race.

Kudos to you and continued success on your journey.

[Anonymous]

Congratulations! 🎊😉

[Anonymous]

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@Anonymous wrote:

Thanks, and I would be happy to share the lawsuit details. 

The debt was from 4-5 years ago for about $1500 or so.  

Prior to the lawsuit I offered them a settlement of about half and they declined, so I figured I'd rather spend my money on my defense than paying these people who I didn't even originally owe. So, I paid a local bankruptcy attorney $500 to defend me and he came up with the following defense:

He used the arbitration clause in the agreement I had with the original creditor to force them to give up. Since arbitration costs about $2500 or so to start, it wouldn't have been worth it for them to pay $2500+ to potentially collect $1500. So, they declined the arbitration and the case was dismissed with prejudice. They can't try and collect on the debt, they can't sell the debt, and I can't sue them for anything related to the debt. Case closed! 

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Wow! Thats excellent! Once again welcome to the forums and as others have said there are loads to learn here and your continued hard work will open doors for better opportunities!!!

[NextUp2bat]

Hey n_la,

New to site. My credit is in great shape but I am trying to help my sister to rebuild her credit and I saw your impressive credentials. May I ask how you were able to increase your credit scores so rapidly?

[Anonymous]

@NextUp2bat - Thank you for your kind words. However, I hardly find my profile impressive! Quite the opposite, actually. 😂 Like so many people here, I am in the process of rebuilding from a very mismanaged past. Specifically, complete fiscal insanity of the past.

My early success can be contributed to absorbing a lot of information that is available right here on these threads, 24/7/365. Now, realistically, there is bad information here. There is also, a depth of knowledge, concepts, strategies, stories, and data points that are simply invaluable! I read, ask questions, compare data points, and apply what I need from each thread; and discard the rest.

I also try to play by the rules 😬😬 This is a Credit Card Approvals thread, so I am happy to PM you with some specifics about my rebuild that has worked for ME!

Thanks again and Happy Holidays!

[Anonymous]

Congrats on your approval and monster SL  !!!!

[Anonymous]

I wanted to give an update and add that I was also approved for a Platinum card from Desert Financial credit union here in AZ. 0% apr on balance transfers and purchases for 15 months, $18,700 limit!

They pulled Transunion, score was 767 with a few inq’s and a 4% utilization with $40k of available credit. Newest account is a few months old.

[CreditInspired]

Congrats @quamfy

Very nice SL.

[_NERD]

Wow great job! 

[Anonymous]

That’s amazing! You worked hard for this and now you’re reaping the rewards! Thanks for the inspiration!