@Anonymous wrote:
Well good luck. Doesn't sound too bad. Just be careful with the paying if they aren't deleting!!
Yeah this can be 'tricky' it can be a catch-22
Pay and the paid item re-ages causing the drop you experience
Don't pay and have it hanging over your head
It's again a balancing act based on several things
How old is the debt
What is your state SOL ( not the federal SOL for 'reporting') but can they actually SUE for 'real'
Here in Ca. it's only 4 year where that's 'real' threat vs a violation of law even threathening something that
a debt collector knows legally they can't do...whereas in other states, one may actually have that option.
Ppl talk about PFD as if it's 'that' simple or SOP but YMWV no doubt
(And in all fairness a PFD is kinda 'cheating' acurate reporting because if a TRUE action happened..it happened
sort of like a defendant 'paying' to erase a valid conviction. When you ran a 'background' check, on your daughter's
new b/f had he gotten a PFD the record of him dotting eyes of two girls in the past would be DELETED...
Nobody 'cares' about the TRUTH lenders get about our record, we only want GOOD things to show up but it's the same
thought pattern
@Anonymous wrote:
I'm a bit of a lurker and because of all the late nights I spent reading these forums, my credit has improved tremendously in just one month. I went from a 584 to a 682. So thanks for all the advice!! Credit as become my obsession lol. I even started the process to become a MLO because of all of this haha. I've been looking into getting a finance degree anyways.
I have a cap 1 plat.(2150), QS1 (500), freedom (500), CSP (5,000) and target (300). I really want a CU CC and start building a relationship with them. I am hoping for a mortgage next year and maybe an auto loan this summer.
For some reason I can not get the QS1 pc to the QS and I really want to combine those two cards. Because I really don't use cap 1. But, I am hesitant to close it since the plat is my oldest (4 years). I know I really want to join discover and amex as well. My utilization was high 81%. And I've completely paid it down expect for a 159 balance reporting on the freedom.
I guess my question is, should I bother apping for NASA or Penfed once my balance is reported? Especially knowing I'll probably get an auto loan soon. Should I app for discover or amex as well. Or am I doing more damage by opening up new cards? I was hoping to age them all together and then garden for the mortage. What would you guys do about cap 1? I honestly rarely use the cards. But, the QS1 is only a month old as well as the two chase cards and target.
I wouldn't have let the balance on the freedom report that had I known when the statement would cut. I make multiple payments but it hadn't posted yet when it cut. Grrrrr. Thanks in advance ladies and gents. Happy friday! Woot woot!!!!
Personally I think you need to calm down at this point and let everything age.
And don't be in a rush to get a mortgage and auto loan.
You don't want to be head over heels in debt.
