Looking for a miracle!!!!

[ragensk8r]

I have been a part of this forum for years however I have sadly been busy with a divorce. I am hoping that there is some way to bounce out of this and be able to purchase a home in the future. I know that more information is needed to get a better picture which I will provide later tonight I was just curious if anyone has seen someone go from the low 500's to anywhere in the 600's in a year or less?  

Thanks in advance for any and all advice..

UPDATED INFO

I've supplied some information in hopes to provide a better understanding on my situation. I am hoping for a miracle and having my dream of owning a home become a reality for my kids.  If there is any additional information needed please mention so and I'll gladly update the post with what I can provide. I just need a roadmap to good credit. Thank you all for the time and advice. Have a blessed day.

Here is what is reporting on Experian

3 Auto Accounts

1 Student Loan

1 Collection

CNAC/OH128 - Joint account

Balance $12,636

Good Standing 

First reporting Aug 2020

No Lates

WV National Guard FCU (WVNGFCU)

Balance $25,631

Good Standing

First reporting May 2018

9 Lates reported. 8 (30) 1 (60)

2018 - July, Aug, Sep, Nov, Dec.

2019 - Jan, Sep, Oct, Nov (60)

WV National Guard FCU (WVNGFCU)

Balance $15,576

Good Standing

FIrst Reporting Apr 2019

No Lates

1 Student Loan

US Dept of ED/GLELSI

Balance $37,887

Good Standing

FIrst Reporting Sep 2014

No Lates

Currently Deffered 

1 Collection

Quality Asset Recovery

Balance $750

First reported Nov 2019

TransUnion Same as Experian but also includes the following

American First FInance

Balance $3,040

Good Standing

First Reported July 2020

No Lates

CBNA/Best Buy

CC 

Balance $1,768

Limit $1,200

First Reporting Jun 2018

Closed Jan 2020

Remarks - Charged off as bad debt, Canceled by credit grantor

3 Hard Inquries

July 2020, July 2020, Aug 2020

The same is reporting on Equifax.

[RSX]

definitely have seen scores increase that much in 1 year

[Anonymous]

That can absolutely happen. It depends on the nature of your derogs and who owns them. 

[quikj9]

Yep. I've gone from 517 in January of this year to a current 634. It can be done. I wish you the best with your rebuild. 

[blindambition]

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@Anonymous wrote:

That can absolutely happen. It depends on the nature of your derogs and who owns them. 

---

+1

It will depend on what, and how it's reporting, but very doable.

Things aren't always going to look so bleak. Fight the fight and you will see the progress. Each morning is a new start. All the best to you!

[OmarGB9]

Just take a look at my signature. 5 months ago my scores were more or less exactly 100 points higher than my April 2019 scores.

[Anonymous]

It's possible. Keep believing with faith, determination and preservance as your guidance.

https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Update-with-Good-News-I-exceeded-the-100-poi...

[ragensk8r]

Updated!

[RSX]

ok - i would start with this one

1 Collection

Quality Asset Recovery

Balance $750

First reported Nov 2019

call - ask for a PFD (or look on their site to see if they offer it)

ask for a settlement amount - pay it regardless if it is PFD or not

getting this one to $0 balance will definitely help you

second - call about the BestBuy one - see if you can get a settlement there - pay if off

you have 3 new accounts with their associated Inq  - so let them age and work on getting these 2 baddies addressed

[Mayn]

   What @RSX said is a great place to start and should get you a decent boost I would think.