I got a question.
If TU and EX are reporting my Comenity/Eddie Bauer credit limit inaccurately, and I have proof that the credit limit is off by about 50%, according to multiple statements that I managed to retrieve through my email due to having paperless statements that show otherwise , is that grounds to dispute the account? This has always been reported wrongfully like this but I never paid any mind to it, but while reading this forum I have been learning to watch out for inaccuracies in my reports.
TU and EX are showing $350 credit limit, with a balance of $580 at the time of CO. My e-statements show that my CL is $650.
The account is currently gone from EQ btw, after disputing it, but idk if it will come back.
Any help would be appreciated.
Comenity tends to balance chase so they probably brought down your limit before the charge off. They did it to me with my overstock car causing it to look like I went over the limit.
A little update.
So on top of Midland Funding telling me they will remove my paid collection off my report after May 1st, when I called them to ask them for a goodwill removal, and will take 45-60 days to reflect on my reports. I now received more good news in the same month, this time from Credit One after I sent them a goodwill email, they will be removing my closed (paid) derog account that has a 120 days delinquent and wasn't due to drop off until 2023. They attached a letter to the email saying they will remove the tradeline from all 3 bureaus and it will take 60-90 days to take effect (better than waiting until 2023).
In the last 1.5 months i've removed:
SyncB/Amazon - not more than 90 days late derog account (Deleted)
Cap1 - charge off (Deleted)
Credit One - 120 days delinquent (pending)
Midland Funding - collection (pending)
I'm not sure how many points my scores will go up after these two drop off, since I still have 3 paid charged off accounts + 1 more 120 days late derog on my report, but removing any derog's is a step in the right direction.
I had 2 Cap1 charge offs, both paid, both dropping in 2024. Now I have one to go.
All of my negatives are supposed to drop off between 2023-2024.
Hello. This is my first post, i'm a new member. It took 4 beers for me to make this post, because I didn't know how to start it. But the beers told me to just start it. So here it is.
I've read myFico forums for a long time (3-4 years, occasionally), but never joined until now, i'm in late 20s, live by myself, i'm a civil servant. I now have the $39.99/month subscription to track my credit monthly, because i'm so serious about this fixing my credit stuff, and I couldn't afford this until now.
I want to use this thread to document my rise to good credit (hopefully). It is currently 557 (EQ), 572 (TU), and 575 (EX) according to myFICO. It is 580 (EX), and 582 (TU) according to CK.
I have had charge offs in the past, all PIF except one with Capital One with a current balance of $999.90. I also have student loans from Sallie Mae/Navient all in good standing, and another Discover IT Student card with an $87 dollar balance, closed (no available credit line) but its stauts is "pays as agreed". I paid that down from $900 something every month starting from September (when I got my civil service job).
I have called Cap1 at least 3 times asking for a PFD, I was rejected every time, including the first time, the month right after it was CO'ed (CO'ed August 2017). "We must report accurately" is what I got. I even wrote a letter pouring my heart out, explaining my situation, what got me to the charge off, what happened, what I did to change my financial situation..the letter went unanswered. Not their fault, it's all on me. I'm not owed a PFD, but i'm still salty I didn't get it though. I will finally pay the $999.90 to Cap1 in the coming months. That's where i'm not sure though, to pay it all in one shot, or to pay some of it monthly? The faster I pay the balance, the faster I can start rebuilding? Or slower monthly payments is better?
I hope I can raise my score. I somewhat know what to do, thanks to reading myFICO forums for the past couple of years. But if anyone here has anything they want to say, go ahead. I will use this thread and keep everyone updated in case there's someone in similar position as me. I enjoyed reading success threads here, they are motivational, and I want to hopefully pass the motivation along by allowing everyone to watch me come up from the 500s score.
LOL!! That was super funny...dont ever be ashamed or embarrassed to post! But I get it! I lurked for a whole year incognito before I joined in 2013! I was too embarrassed to post, but did it, and never looked back! July will be 6 years that Ive been on these forums, regularly...if not daily We all have been there, and my scores post BK were low 400's!! Trust me...you can rebuild with all the wealth of knowledge from our members and it look like you're doing a fine job after reading your thread so far