Your scores are low because of the COs!!!!!
1) One was with Citibank, they closed the account and handed it to collections. Collections does not show on my report, Citibank shows as Charge off and ACCOUNT CLOSED AT CREDIT GRANTOR'S REQUEST. I owed about over $2k. I made monthly payments to collections and paid off $2k as one huge payment. My payoff letter is in the mail right now.
It does not need to say collections!! CO is the wording and it is reporting correct.
All you can do is send GW letters. The payoff letters will not get it deleted!
Doesn't matter if collections are paid or unpaid FICO scores are the same!
2) Capital one, this shows as being late over 60 days in 03/07.
Cap1 is hard to deal with try GW letters
3) HSBC went to collections and shows as Collection, PURCHASED BY ANOTHER LENDER. This was purchased by LVNV, who I also paid $2k and paid off my whole account. I have my payoff letter to prove I owe 0.
Like the others it is a CO send GW to both OC and CA Thats all you can do.
) Chase account past 30 days late. I do NOT have a Chase account. This is in my brothers social security number and name. For some reason ONLY Experian( I HATE THIS COMPANY!) shows this on my report. For some reason his name and social ALSO appears on my report. WTF?
File a dispute with EX....*not mine* at the same time send Chase a letter telling them that the name and account is not yours.
) Diversified Adj, this also belongs to my brother. Sprint screwed up and have his account under my social but in his name. WTF? I have a Sprint account and it is up to date and never been late. I have opened this with Sprint Fraud dept and sending them an affidavit tomorrow. I never knew about this, till my credit report was pulled. They never notified me they were placing this on my report. Are they in violation of Fair and Accurate Credit Transaction Act of 2003 section 623(A)(7)?
No violation! File a dispute *not mine*
6) Americas Servicing, states foreclosure initiated since I was 90 days late in 08/06. I paid them and paid off the loan in full back in 06.
send a GW
7) Banco Popular I had a personal loan which was over 120 days late, they put paid chgoff PAID PROFIT AND LOSS on my report. I also paid this off with $2k.
This is also a CO GW letter
8) Wamu was 30 days late in 03/07.
GW letter
Lastly I have an account with Sallie Mae for 17k which is student loan and have never missed a payment in 3 years on it. So I made those lump sum payments, but my credit score has not gone up! Barely... It has been in the mid 530 to 560 range. How can I get the score up? Also I was sending dispute letters to all 3 CRs for all things that have been paid and not updated on my report. They only provide PO box, so I cannot send it certified. Unless someone here has their addresses? Also to all other ones, I was sending GW letters, hoping they remove it
By filing a dispute on the COs you have caused them to be updated. This keeps the baddies current in the eyes of FICO.
Just 1 CO being reported by an OC can keep your scores down by 30 - 60 points!
Always use the addys on your CR. PO BOXES are good to send to!
Message Edited by HappyDays on
05-11-2008 09:28 PM