Logged in this morning to see a score alert. My TU jumped 65 points after having an unpaid medical collection deleted! Fingers crossed EX and EQ removes as well! TU was my lowest score and now is my highest. With that paid collection lingering, I was stagnant at 597 range. TU is now at 662! Happy dance!
**UPDATE: TU deleted the unpaid medical. Like I have mentioned in a below post, I am following the hipaa letter process. I am guessing this unpaid medical may reappear after they verify the debt. For now, I am still working through the letter program in hopes it is paid and permanently removed.
Adding that my TU has improved by 84pts since I first began rebuilding in 10/2017. EQ has improved by 17pts and EX by 30pts, with both of those still pending to see if they delete that paid medical. I also am addressing an unpaid medical, $200, for which I am currently addressing by using the Whychat hipaa letter process. (Google it if you have questions. Can’t be linked here.)
I wish, but no. I have a paid charge off with GM auto (not repo) and a little over 100 lates ranging from 30d-180d across several TLs (nearly all from student loan TLs).
We actually didn't even realize it was a charge off. We paid off the vehicle in 2015, knowing it was late but not knowing even what a charge off was back then. Back then, we just thought we were paying off the remainder of the vehicle as it was the last two payments due. So that account has been $0 bal since 2015 and hasn't updated since EQ 08/15, TU 03/15, EX 08/15. Have been sending GW letters to GM but no response from them, as expected based on search results on here and other people with little success with GM Financial.
I will say, ABCD, your advice has been most benefical for me thus far. I've been trying to follow your steps linked in your signature. I have begun work on hubby's CR too, as his is worse than mine. Also following your steps. Thank you for all of the advice you give out on the daily!
Agreed. That has been the biggest about-face for me with this whole journey. Not only realizing that "hey your scores suck." But that moment of clarity that I needed to ADULT and get my financial act together. We have had consistent 6 figure income for a few years now. I was just that bad at managing it and paying on time. We did have a slump a in 2014-2015 that took a hit on our credit, but back then we didn't monitor nor care. For years, we lived without credit too. For me, it was mostly fear of looking at my credit score. Fear of facing the monster mess that I was sure I had made. Credit Karma didn't help. Back then, I didn't know any better that those scores weren't my true Fico score. I logged in and saw 483 and got spooked. A few months later, pulled my annual credit report for the first time and started reading these forums like a sponge. I feel so much better addressing this stuff head on now and the realization of my relationship with creditors has been astounding. For the first time in years and years, we aren't living paycheck to paycheck. I will add that our paycheck to paycheck was typically because we would see an amount in the bank and just buy things for sake of spending instead of saving. HORRIBLE I know, but it is what it is.
I also agree on savings. We have been saving up for a house and have a chunk stashed away (roughly 27k last I looked but will be adding another 5k at least to that). We have a separate savings account that we are also working to grow for other expenses.