@Anonymous wrote:
This forum is an absolute wealth of information and the members here have been truly amazing. I appreciate every single one of you. I'd like to keep my credit rebuilding journey in one thread so that others more experienced can give me advice and tips as I better myself and my credit. I'll list out my scores and everything in collections, CO's, active, etc. I'd love any and all input as I continue on my rebuild.
My goal: my apartment lease ends in May of next year, with a 3 month non-lease grace period (meaning I can stay and pay month to month till August if needed), and my goal is to fix my credit and buy my first starter home. I'm 36, I work a full-time job, I'm also in college working on a business degree, and I'm tired of living in a concrete jungle. I want a home with the yard my dog deserves.
I don't have a ton of money to throw at these, so I'm working overtime at work when possible (I work remotely, truck is broken down now, hoping to get better credit and finance something later in the year), however I am setting up 1-2 payment plans as a time, so I can make smaller payments towards them. Settling for smaller amounts when possible, such as Discover.
As of today on 7/9/21, I have the following:
FICO 8 Scores:
EX: 545 | EQ: 509 | TU: 555
Charge Off's:
- Discover: $483 (SETTLED FOR $190)
- Kohl’s: $614 (SETTLED FOR $350)
COLLECTIONS:
Creditor: Red Stick Emergency Group
- CA: Commonwealth Finance
- Balance: $1,882
- (REMOVED EARLY FROM EX AND TU, WAS SET TO AGE OFF ON 10/21. HOPING EQ FOLLOWS, THIS IS WHY EQ SCORE LIKELY LOWER)
Creditor: Capital One
- CA: Portfolio Recovery
- Balance: $1,384
Creditor: Synchrony Bank
- CA: Midland Funding
- Balance: $1,185
Creditor: Capital One
- CA: Portfolio Recovery
- Balance: $1,007
Creditor: Synchrony Bank
- CA: Midland Credit Management
- Balance: $876
Creditor: Comenity Bank
- CA: Midland Credit Management
- Balance: $582
Creditor: Loan By Phone
- CA: Debt Recovery Solutions
- Balance: $430
- (DISPUTED, REMOVED FROM ALL 3)
Creditor: Speedy Cash
- CA: Ad Astra Recovery
- Balance: $405
Creditor: Progressive Insurance
- CA: Caine and Weiner
- Balance: $191
- (DISPUTED INACCURATE AMOUNT, REMOVED FROM EX; TU AND EQ STILL UNDER DISPUTE)
Creditor: Local hospital bill
- CA: Transfinancial
- Balance: $241
- (6 MONTH REPAYMENT PLAN NOW IN EFFECT, AGREED TO PFD)
Creditor: Red Stick Emergency Group
- CA: Phoenix Financial
- Balance: $83
- (SETTLED PFD FOR $55 ON 7/3/21, WAITING ON DELETION; UPDATE--removed from EX on 7/9)
OPEN ACCOUNTS:
- Student loans: $38k; all in good standing
- Firestone: $1k, opened 4 years ago, never used it, lost the card long ago, yet just realized yesteday the account is still open and reporting as good standing each month. Company refuses to send replacement card (no idea why, I may try again) but I'll probably never use it anyways. So I'm letting to ride.
- First Premier: $300. Just opened on 7/8/21
Will edit and update as my journey continues!
@Anonymous do you mind sharing how you disputed with Debt Recovery Solutions for removal off your reports. Currently have a collections on my EQ from them. Was it removed because thw $430 from loan by phone was deemed to be invalid? Thanks.
