1 year in....what now?

[jrubedjmp311]

Hello!

1 year ago my scores across the board were in the 520's

I had:
Student loans (current)
Capital one (charge off) 900
First premier (charge off) 750
Credit one (charge off) 300
Chase (charge off) 3500
Chase (charge off) 4500
Verizon (collections)
Barclays (chargeoff) 2400


Here is where is an today. Never missed 1 payment

Scores across the board 640-660.
OPEN
Student loans (current never late)
Citi Bank Cc (authorized user) 16k limit
Total Visa $19 balance of 350
Capital One Platinum $0 balance of 750
Capital One Quicksilver $122 balance of 3000
Target credit card $7 balance of 300
Honda Financial Lease

CLOSED
Barclays $0 settled
Chase $0 settled
Chase $0 settled
First premier $0 settled


WHERE DO I GO FROM HERE? Capital one and credit one deleted. No luck elsewhere.

Thanks!

[dynamicvb]

I would say just keep doing what you are doing. Let your accounts continue to age. What does the CRA say about credit mix? I'm not sure if a lease counts as an installment loan, but I know the student loan is one, so my guess is your mix is okay. If you keep everything current in another year some of those baddies will start to fall off. otherwise, it just seems like you need time. Others may have a different take.

[Anonymous]

Just a hint on your Target card - update your financials periodically from the drop down menu, even if you re-enter the same income. They do fairly regular CLIs and that’ll help you get them. I’ve had mine for 4 years I think, with 5 CLIs that took me from an initial $300 limit to my current $2100 limit.

[RobertEG]

The post lists several charge-offs.

Once a charge-off is reported, it continues to be shown in the payment history scoring as a major derog until it reaches its credit report exclusion date of 7 to 7 1/2 years from DOFD.  

That remains true even if the debt is later paid.

That also applies to a collection.  Paying does not remove it from scoring.

Are the numerous charged-off accounts and the collection still in your credit report (are they the "closed" accounts, for example), or were they voluntarily deleted by the creditors or debt collector?

[CGeorge]

The charge offs are killing you. And Chase and Barclay have FOREVER memories. I wouldn't even attempt anything with them for at least 10 years, seriously

I believe that you are just going to have wait this one - fervently "gardening".

Best of luck to you!

(One year of on time payments is just not, I am afraid, to kill the charge offs...)

[jrubedjmp311]

Thanks everyone!

The chargeoffs kill me! 5 years until they fall off. If anyone has success with getting them removed please pm me. I've had no success!