Where to go from here?

[Anonymous]

Hello all.

After working very diligently on the credit scores for six months, and paying off everything over the last year, this is where my wife and I sit.


.....August Sep Oct Nov December
Wife Equifax 525 529 n/a 574 n/a
Wife TransUnion n/a 550 n/a n/a n/a
Wife Experian n/a n/a n/a n/a 589
TBR Equifax 576 n/a 645 631 n/a
TBR TransUnion n/a n/a 647 n/a n/a
TBR Experian n/a n/a 679 n/a 689


This is the results of removing everything I could from the reports. All collection accounts have been paid and removed (they were mostly medical).

We now are left with three credit card lines on my wife’s that are trouble, and two CC lines on my report that are causing troubles. I have talked to CapitalOne, and they are unwilling to do anything with these accounts. They say they do not remove information unless it’s inaccurate. On two of the accounts they say 'Settled for less than full balance'. I have offered to pay the difference to remove, they will not remove, only change the comments.

So, my question is, where from here? I have opened one credit card for me, and very recently one for her. I have taken a small loan (8k) to pay debt, and that is all that is getting added to the reports at this point. What should I be doing now to move them up? Just wait? Keep trying letters to CapitalOne? I think that’s fruitless from what I have read on this site.

Any suggestions welcome.

TBR

Edit
Sorry for all the edits, but as good as this forum software is, it does little HTML coding.

Message Edited by TBR- on 12-09-2007 09:08 AM

Message Edited by TBR- on 12-09-2007 09:08 AM

[Anonymous]

You can request DV and dispute with CRA's to try and catch them in a violation for some leverage

[Anonymous]

They are accurate. The accounts are closed. The only thing I think I can do with the CCs at this point is to wait.

I guess my question is more about what to do to improve now beyond removing items. I am adding good history to the report with the two new CCs and the loan. What else should I do? I don't want to open too many accounts. Should I add more accounts?

TBR

[Anonymous]

Continue paying on time.  Charge 10% of your credit limits each month and allow them to report before paying.  Shows responsible credit usage.   Credit limit increases on your current accounts would help.   New lines of credit would lower the average age of your accounts.  If your current accounts are a year old or so you may benefit from opening more accounts as it would not effect the age of your accounts too much.  But if they are old long standing accounts, new accounts would lower score.  I like my Hooters card.  Customer service is great, and they have been willing to lower APR's and increase CL

Message Edited by jerdrake on 12-09-2007 10:29 AM