Confused and needing guidance

[Anonymous]

Hello,

I am desperately trying to raise my credit score after years of neglect and stupidity time and time again. I have been reading over various threads for the last couple of months and have some questions as to how to move my score upwards and when or when not to take action.

What date do you go off of for know when a negative mark will be removed from your account, and is it 7 or 7.5yrs that it will be removed?

 -- I have 3 accounts all with a DLA of 02/01 - but the “status of" dates vary.  If they will come off in Feb., then I will just relax and anxiously wait to see how that will impact my score.

How do you get a judgment removed from CR? 

I have 11 accounts (only 3 accounts have balances), 6 collections, and 2 public records (both judgments have been satisfied) not to mention an embarrassing EQ score of 515.  I know that I have a lot of mending to do and am prepared to write the necessary PFDs and GW letters, but if I do and the requests are denied, does that change the date from which they are removed?

I did just get an unsecured CC w/ a whopping CL of $300 which I know will help build and have been through the dispute process with all 3 CRA's with no luck.

2 of my negative accounts that are reporting are the same companies that my judgments are from - can anything be done to remove at least one of those? Will it do anything for my score?

I just want to make sure I am doing everything I can to help raise my score. I know that time is needed to do serious mending, but my husband and I would like to buy a home hopefully next year and I would really like to be able to be on the mortgage.

Any advice would be greatly appreciated.

[iwantbettercredit]

It has been my experience that the dates vary according to the type of accounts they are.

For example a credit card account is 7 years and it starts from the date reported (Not the date Opened). As far as Judgements go they can stay on your report for up to 10 years or until they are satisfied. Recently my husband satisfied a judgement on his report, I send the credit bureau's a copy of the release of judgement that was provided to us after he took care of it. All 3 credit bureau's removed it within 30 days.

You can get your free yearly credit report at annual credit report.com and it will give your the dates the accounts will be removed. I have been told that if the removal dates are in the near future you should just leave them and let them fall off if you can, trying to settle these accounts can stir up trouble and extend removal dates.

[Anonymous]

Thank you!

[Anonymous]

Look at your CR  TU and EX go by DOFD...EQ  goes by DOLA.  The dates can be different by a few months.  Your CR will say...will remain on CR until  (date)

Newbie thread

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&thread.id=38534

I have 3 accounts all with a DLA of 02/01     If this is on EQ  it will drop in 2008....I would just let it drop!

I have 11 accounts (only 3 accounts have balances), 6 collections, and 2 public records (both judgments have been satisfied) not to mention an embarrassing EQ score of 515.  I know that I have a lot of mending to do and am prepared to write the necessary PFDs and GW letters, but if I do and the requests are denied, does that change the date from which they are removed?

The DOFD is set by the OC and can not be changed!!!  what can change is your SOL this usually goes by DOLA. Even if an account has been COd and you make any kind of payment it will reset the SOL  ONLY!

simple SOL

http://www.bankrate.com/brm/news/cc/20040116b2.asp?caret=8

CRTP v SOL

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&thread.id=17466

Someone else will need to help with getting the judgments off. I know it can be done (sometimes) but I have never done it.