Discouraged.

[niecey89]

I feel your pain and I have my share of migraines. But reading the forums here has uplifted me on the days I am down and think that i can not do it. It will get better. Pace yourself and plan it all out. That is what I have done. My goal is try to pay off the each small bill off. One per month until all i have is the big balance cards (2) and Sallie Mae to pay off. It is a struggle especially being a single mom of one, but I focus on making it happen.

[thotgal320]

Treski I was there before as well.  Last year I decide to fix things on my CR and after 6 months my score went up 100 points.  Then by the seventh month things started to change CO were being added, collections and all I could think was all this for nothing.  I sent out all kinds of letters and then I finally gave up.  I got discouraged score in the mid 500.  Here I am months later ready to start all over again and all I do is think to myself if I didn't let these few months go by without doing anything because I got discouraged imagine where I would be now.  With the help with these wonderful forums and words of wisdom from people like Timothy, HappDays, llecs and many others you can't go wrong.  Hang in there and go get em.

[treski]

Thanks for all of the support.  I saw a little bit of improvement after I originally posted this ... one OC deleted my two 30-day lates and actually started reporting to Experian (all good history), which they have never done before.  Modest bump in score, but it would never have happened if I didn't take some action.

I'm pretty hopeless about Capital one and Discover.  I had horrible lates with both of them and they eventually became charged-off and paid off.  I just want the acccounts to be gone, but it looks like I'll have little luck.

Ugh.

[Anonymous]

It's only natural to be discouraged but try not to let this whole FICO thing get the best of you. We've all made mistakes and we're trying to learn from them and overcome them. It can be done. It just takes time and common sense management of your credit.

Remember that credit repair is a very longterm process. But it's not impossible to turn things around if you avoid making any fresh errors along the way that compound your problems. Be patient. Be focused on the goals you have in mind. And avoid the common mistakes other posters have warned us all about. By the way, this forum is a national treasure trove of good advice. I visit it regularly for insights and hot tips.

Accept the fact that you'll need at least 7 years to achieve a totally clean slate. But once it is cleaned of your past blemishes, you're in a whole new ballgame. In fact, the brunt of of the damage will start to fade in as little as one to two years--again, this is possible only if you don't give up and revert to bad habits.  Hey, you can do this, my friend.  

It seemed like forever waiting for my FICO score to crack the magic 700 barrier. It bounced up and down by 5 points for months. Always coming tantalizingly close to 699--only to fall back again.

Once I passed the 18 month mark on my eldest credit line, things started snowballing. I'd get unexpected FICO bumps sometimes twice a month. In just 6 months' time I picked up 48 points. 

So, be tough. Be serenely patient. And never, ever, fall back on those bad habits and before you know it, in a year or two, you'll be inspiring others on these boards with your very own success story. 

Regards

Cato  

 What's up with Equifax? No hardpull inquiriy of mine has ever escaped them: nonetheless,

Fico 748--and climbing. 

Message Edited by cato on 09-22-2008 07:40 AM

Message Edited by cato on 09-22-2008 07:43 AM

Message Edited by cato on 09-22-2008 07:48 AM