Help! Need advice please! 🙏🙏🙏

[Remedios]

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@shorrttyycm1 wrote:
Ty for the advice. The collections are with UI n Gas companies. As for not adding any more tradelines, how do i build my score?
Thanks

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By paying off debt, especially accounts that are still frequently updating and time.

As far as paying debt, try negotiating PFD when possible. Those that wont delete will at least stop updating after they are paid. 

I know this is not what you want to hear, but you have a lot going on there. More cards will not be able to drown it.

I would not focus on any more cards, instead work on those negatives. 

[shorrttyycm1]

O okay, i understand. I think i will start with tryin to rehab my student loans. Those are the highest 😬

[shorrttyycm1]

I am grateful for the advice, i knew it was pretty ugly report lol. Did it to myself so what can you do.
Okay, so i will start with trying to rehab the student loans and pay off my collection accounts. That's going to take awhile. My thought was that i would build positive at the same time. Most secured cards are min. 200-300. So i figured as i pay down debt i can also build positive. Two birds type thing. Is that realistic?

[simplegirl]

Since you have a lot going on I wouldn’t take the risk of adding more accounts besides with all those negatives positive accounts won’t make much of a difference at the moment. Focus on removing as many accounts as you can then you can add some positive trade lines after you’ve paid off most of your negative accounts.

[Remedios]

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@shorrttyycm1 wrote:
I am grateful for the advice, i knew it was pretty ugly report lol. Did it to myself so what can you do.
Okay, so i will start with trying to rehab the student loans and pay off my collection accounts. That's going to take awhile. My thought was that i would build positive at the same time. Most secured cards are min. 200-300. So i figured as i pay down debt i can also build positive. Two birds type thing. Is that realistic?

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You have enough cards for now. Do not add any more cards right now. 

[shorrttyycm1]

I only have one with a 300 limit
And my mortgage. Those r the only two open accounts i have.

[calyx]

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@shorrttyycm1 wrote:
I only have one with a 300 limit
And my mortgage. Those r the only two open accounts i have.

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You'll be ok.
In fact, I know two people with a single credit card and a mortgage who have scores in the 800s.

Work on your derogatories and positive financial habits - that's what's holding you back.

[gdale6]

Any collection or OC account updating monthly are the ones you start with, leave the others alone until these are taken care of.

[shorrttyycm1]

Got it! Thanks. Ill never see 800 but i would be happy in the 650's

[shorrttyycm1]

This os probably a dumb question but how do i tell who is updating monthly?