Credit Despair, Help!

[Anonymous]

I have been browsing the threads for a few weeks now and the wealth of knowledge I've picked up has been awesome! I figured I'd post my derogatory credit items and see what type of advice you guys would have to offer. Thanks for all of your help and feedback. I copied and paste the accounts as it appeared on my credit.

micheal



Cbusasears Not Reported 6/2003 $0 Bad debt/collection This account has late payments in the past

Student/Education Loan Collg Fdn XXXXXXX0409 9/2003 $0 90 days past due This account has late payments in the past

Student/Education Loan Collg Fdn XXXXXXX0408 6/2003 $0 90 days past due This account has late payments in the past

Student/Education Loan Collg Fdn XXXXXXX0407 6/2003 $0 90 days past due This account has late payments in the past

Student/Education Loan Collg Fdn XXXXXXX0406 2/2003 $0 90 days past due This account has late payments in the past

Student/Education Loan Collg Fdn XXXXXXX0405 8/2002 $0 90 days past due This account has late payments in the past

Student/Education Loan Collg Fdn XXXXXXX0404 7/2002 $0 90 days past due This account has late payments in the past

Student/Education Loan Collg Fdn XXXXXXX0403 8/2001 $0 90 days past due This account has late payments in the past

Student/Education Loan Collg Fdn XXXXXXX0402 9/2000 $0 90 days past due This account has late payments in the past Other

Cap 1 Bank Not Reported 8/2000 $1,273 Bad debt/collection This account has late payments in the past

Other Company name is unknown Not Reported Not on Record $232 120+ days past due This account has late payments in the past

Other Frmrs Furn XXXXXXXXXXXXX8268 6/2006 $0 Pays account as agreed This account has late payments in the past

Other Hsbc Bank Not Reported 5/2000 $0 Bad debt/collection This account has late payments in the past

Vehicle Loan Nissan Not Reported 6/2003 $9,239 Bad debt/collection This account has late payments in the past (Drop off in 07/11)

Vehicle Loan BBT XXXXXXXXXXX1101 11/2000 $8,201 Bad debt/collection This account has late payments in the past(drop off 10/10)

Vehicle Loan Ahm XXXX4880 6/2003 $3,610 Pays account as agreed This account has late payments in the past

Message Edited by micmic1 on 03-19-2008 02:06 PM

[Anonymous]

If you break it up, you'll probably get more responses. If you're in Firefox, make sure to check the box automatically convert carriage returns to HTML line breaks.

[Anonymous]

thanks. i reread the post later to find one big paragraph. fixed it now! thanks again.

[Anonymous]

micmic1  welcome to the forums. Your post is very hard to read & many people will not be able to answer because of this. Break it up.....I see that you have many student loans    post those  with who they are with along with year of last payment.

This link has the abbrevs that we use and Frequently requested threads. They are full of info.

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

You need to know your SOL  so that you will not get sued

simple SOL

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

You are dealing with federal law (CRTP)  and state law (SOL)

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

I see some accounts that were CO back in 2000   they should drop from CR this year!

    Look at TU and EX  for   will remain on CR until  month/year

Start slow and do it right   yes it can be done!!!!!

Freq.request threads  will explain DOFD  DOLA and SOL    They all mean something

Dates are very important!!!!!!!

It gets easier as you go along I promise!!!

All forum members may ask as many questions as needed at all times!!!!!!

Remember you didn't get into this mess overnight & will not be correct fast.......we are all here because we screwed our own credit!!!!!

Cap 1 Bank Not Reported 8/2000 $1,273 Bad debt/collection    there should be a CA or many reporting on this........look at CR stating DOFD  or look for  will remain da da da

Post the other accounts    try & match CAs going with them  by name or amount owed

Example:

Cap1    CO  8/2000

Palisades (CA)    Cap1   This means that they are collecting or bought the cap1 account

Im having trouble following the rest  sorry     redo them.

Most letters are all on this site that you will need and people will tell you how & when to dispute.

We dispute with the CRAs      we send DVs to CAs(debt validations to collection agencies)

It is always wiser not to file a dispute with a CA until after the 30 days that they have to validate!

You do not dispute a OC  that gos with that CA either until after the DV

You will catch on fast

Just ask questions and read  read  read.

[Anonymous]

ok. thanks i do appreciate the help. and i will match up the collections with the accounts.

[fishbjc]

Hello and WELCOME!!!

You've come to the right and BEST forum.  There's nothing we love more than to see fico scores increase!!!!!!  And we help you with good advice and a bit of hand-holding.

My dh's scores have gone up 100 points since Nov., and mine about 45 on average!  Do dig in, do the reading and let's begin.

[Anonymous]

I do appreciate all of the help. I'm new to this so please be patient with me as I try to explain this correctly. ok here goes.

DOFD DOLA and SOL( 3 IN NC for written, and oral contracts and Open accounts (including credit cards) Promissory notes is 5 years.


Calvary(Collection Agency for ATT) I was still being charged for service when it had disconnected for months.
DATE ASSIGNED Mar 01, 2006
DOFD
DOLA Feb 01, 2004
SOL 3(right?)
Bal $108


083yc00000(No name listed here, not sure who this company is)
DATE ASSIGNED Apr 01, 2007
DOFD
DOLA Dec 01, 2006
SOL 3(right?)
Bal $33

083yc00000(No name listed here, not sure who this company is)
DATE ASSIGNED Aug 01, 2005
DOFD
DOLA Apr 01, 2005
SOL 3(right?)
Bal $103

MCI(No way, did I rack up $189 and service still continue)
DATE ASSIGNED Jan 01, 2005
DOFD
DOLA AUG 01, 2004
SOL 3(right?)
Bal $189

These are the collection accounts.

[ngerasimatos]

Just wondering, what are your current scores?

[rbrown973]

You can send a GW to Collection foundation and if your current they will be willing to change your current status and remove some of the lates.  I have had some success with them...