LOVE THIS SITE!
Identity theft got me YEARS ago! I hired a lawyer and everything was thrown out/taken care of took me 2 years of sending letters to get it all off my credit reports!
Last year I decided it was time to be a big boy and get a credit rating. I pulled my Transunion and find a judgment that was placed on their in 2008!! Called my lawyer and she did some digging and found out its a card from the identity theft. However I can't get rid of it!! Apparently they served me to appear in court in 2008 at an old address of mine in NY and I lived in TN so the judge made a default judgment in the amount of $17,000 something dollars. My lawyer told me that its now past the statue for me to fight this, I guess in NY its 4 years. So this shady collections company who said they served me even though I was 10 states away is knocking down my door and I even received a letter from the police demanding that I pay them 25% of my wages. My lawyer told me they cannot arrest me for it since it’s a civil matter. It is scheduled to drop off my credit May 2015. So a question here, they are just going to renew it aren’t they?
Well I didn’t let this stop me and have continued to try and build my credit for now.
I started on my own 1 year ago to rebuild my credit with 1 positive auto loan (with co-sign) . I added a Secured Capital One card with a $300 limit and received a Credit One Card with a $300 limit and stopped for 1 year. 2 months later I was approved for a small auto loan for $5400.
For the past year I have not missed one payment, I have kept my utilization under 50% and made several large payments a month to my 2 cards.
4 Months ago I added another Auto loan for $10,500 with a horrible interest rate to boot, all payments have been made on time.
My credit one card has received two clis and is now sitting at a $600 limit with no bal.
My Capital One I have increased with additional deposits to $700 currently a $226 bal ( will pay off next week)
Last month I stumbles across Credit Karma and found out I have a 652 credit score, 2 weeks later I found this sire and realized the difference between FICO and FAKO.
Since then I have been reading EVERYTHING I can as I have a goal to obtain a mortgage in the next year or 2.
I had "the itch" 2 weeks ago and Applied for 3 cards to see what would happen, BOA Rewards, Chase Slate and Walmart.
BOA (My bank) gave me the 7 - 10 day and the next day I while checking my bank accounts that a card was added with a $1,000 WOOHOO
Chase 7 - 10 day (no response yet)
Walmart Instant $300 (Used it for a cat carrier and paid it off)
SO I got a little over excited and gave a shot at Barclay and got a NO...
So from what I have read I’ll guess that the best thing for me is to garden and maybe work on my current limits before I get myself into trouble and go backwards?!?!
