Need Specific Advice On How to Improve CR and Score...PLEASE HELP!!!!!!!!!!!!!!!

[Anonymous]

Below I've posted my CR info...please provide as much detail as possible on how to proceed (ie. who should get a GW letter, whether I should get the multiple listings of student loans deleted or not. Is it hurting? Not making a difference? Helping Me? Should I try to GW the lates seeing as I've always tried to keep them deferrred).

I truly need help knowing what to do next...Cleaned credit up years ago, just finished paying down $12000+ of $14000 cc debt, NOW WHAT?

Basically I'd like to know if someone is willing to go through my info with a highlighter and say, "I suggest..."

DV this one

GW that one

Leave that one alone

HIPPA for this

DO NOT HIPPA for that

etc., etc.

I'll have to do multiple postings to get it all in so keep reading...

[Anonymous]

Collection Items

Collector FLORIDA POWER LIGHT COMPANY

Ownership Individual; Date Open 01-2008; Balance Date 03-2008; Balance Amount $123

Date of Status 03-2008; Status Account seriously past due 

Revolving Accounts

AMEX - Credit Car

Ownership Individual; Date Open 12-2006; Balance Date 08-2008; Balance Amount $482 (should say $0); High/Limit $500; Account Status Pays account as agreed This is an account in good standing

BANK OF AMERICA - Credit Card, Terms REV

Ownership Individual; Date Open 06-2007; Balance Date 08-2008; High/Limit $1000; Account Status Lost or stolen card Comments Closed

BK OF AMER - Credit Card

Ownership Authorized User; Date Open 03-2002; Balance Date 09-2008; High/Limit $500; Account Status Paid or paying as agreed; Comments Account closed by consumer

BK OF AMER - Credit Card

Ownership Individual; Date Open 06-2007; Balance Date 09-2008; High/Limit $1000; Account Status Pays account as agreed This is an account in good standing; Comments Account closed at Credit Grantor's Request

CAP ONE - Credit Card

Ownership Individual; Date Open 06-2007; Balance Date 08-2008; Balance Amount $5530 (should say $0); Monthly Pymnt $165; High/Limit $5500; Account Status Pays account as agreed; Prior Delinquency 12-2007; 30 Days Late 1 Time

CAP ONE - Credit Card, Terms REV

Ownership Individual; Date Open 06-2007; Balance Date 09-2008; Balance Amount $0; Monthly Pymnt $165; High/Limit $5500; Account Status Current account/was 30 days past due date; Prior Delinquency 12-2007; 30 Days Late 1 Time

CAP ONE - Credit Card, Terms REV

Ownership Authorized User; Date Open 10-2007; Balance Date 08-2008; Balance Amount $535(should say $0); Monthly Pymnt $16; High/Limit $500; Account Status Pays account as agreed This is an account in good standing; 

CHEVRON - Credit Card

Ownership Joint; Date Open 03-2007; Balance Date 04-2008; High/Limit $400; Account Status Pays account as agreed; Comments Closed - Purchased by another lender

FIRST PREMIE - REVOLVING

Ownership Individual; Date Open 10-2007; Balance Date 11-2007; High/Limit $325; Account Status Pays account as agreed; Comments Account closed at consumer's request

GEMB/CARE CREDIT - Revolving Charge Account

Ownership Individual; Date Open 06-2007; Balance Date 09-2008; Balance Amount $354 (should be $0); High/Limit $2000; Account Status Pays account as agreed; 

GEMB/CHEVRON - Revolving Charge Account

Ownership Authorized User; Date Open 03-2007; Balance Date 08-2008; Balance Amount $219 (should be $60) High/Limit $400; Account Status Pays account as agreed;

GEMB/JCP - REVOLVING

Ownership Individual; Date Open 10-1995; Balance Date 08-2008; High/Limit $494; Account Status Lost or Stolen; Comments Closed

GEMB/JCP - Revolving Charge Account

Ownership Individual; Date Open 10-1995; Balance Date 09-2003; High/Limit $343; Account Status Account transferred to another office Comments Closed

GEMB/PAYPAL MC REVOLVING

Ownership Individual; Date Open 05-2007; Balance Date 08-2008; Balance Amount $1508 (should be $0) High/Limit $1500; Account Status Pays account as agreed

GEMBPPPLUS - Credit Card, Terms REV

Ownership Individual; Date Open 05-2007; Balance Date 09-2008; Balance Amount $0; High/Limit $200; Account Status Pays account as agreed

HSBC BANK - Credit Card

Ownership Authorized User; Date Open 10-2007; Balance Date 08-2008; Balance Amount $1752 (should be $0); High/Limit $1705; Account Status Pays account as agreed

HSBC BANK - Credit Card

Ownership Individual; Date Open 10-2007; Balance Date 08-2008; Balance Amount $303 (should be $0 they actually owe me $3); High/Limit $300; Account Status Pays account as agreed

HSBC BANK - Credit Card, Terms REV

Ownership Individual; Date Open 10-2007; Balance Date 08-2008; Balance Amount $284 (should be $0 they actually owe me $3); High/Limit $300; Account Status Pays account as agreed

HSBC BANK - Credit Card, Terms REV

Ownership Authorized User; Date Open 10-2007; Balance Date 08-2008; Balance Amount $1664 (should be $0); High/Limit $1705; Account Status Pays account as agreed

LANE BRYANT - Credit Card

Ownership Individual; Date Open 06-2007; Balance Date 08-2008; Balance Amount $193 (should be $0); High/Limit $200; Account Status Pays account as agreed

LANE BRYANT RETAIL/SOA - Credit Card, Terms REV

Ownership Individual; Date Open 06-2007; Balance Date 09-2008; Balance Amount $0; High/Limit $200; Account Status Pays account as agreed

THD/CBSD - Charge Account

Ownership Individual; Date Open 10-2006; Balance Date 08-2008; Balance Amount $1075 (should be $614); High/Limit $1300 (have since had CLD to $800); Account Status Pays account as agreed

THD/CBSD - Revolving Charge Account

Ownership Authorized User; Date Open 07-2006; Balance Date 08-2008; Balance Amount $1931 (should be $600); High/Limit $1900; Account Status Pays account as agreed

UPTONS - Charge Account

Ownership Individual; Date Open 01-1994; Balance Date 01-2001; Balance Amount $0; High Limit $100; Account Status Pays account as agreed/Account closed by credit grantor

[Anonymous]

Installment Accounts

1ST FRANKLIN - Secured by Household Goods & Collateral

Ownership Joint; Date Open 12-2007; Balance Date 08-2008; Balance Amount $1382; High/Limit $2073; Account Status Pays account as agreed

ACS/NELLIE MAE - Education Loan

Ownership Individual; Date Open 11-2001; Balance Date 05-2008; Balance Amount $17358; High/Limit $17358; Account Status Pays account as agreed; Current account/was delinquent 90 days past due date; Prior Delinquency 06-2007

Comments Student loan - payment deferred; 60 Days Late 1 Time; 90 Days Late 1 Time

ACS/NELLIE MAE - Education Loan

Ownership Individual; Date Open 11-2001; Balance Date 06-2006; Account Status Account transferred to another office; Comments Closed - Account closed due to transfer or refinance

ACS/NELLIE MAE - Education Loan

Ownership Individual; Date Open 11-2001; Balance Date 06-2006; Account Status Account transferred to another office; Comments Closed - Account closed due to transfer or refinance

ACS/SLMA/BLUEMONT FUND - Education Loan

Ownership Individual; Date Open 09-2004; Balance Date 06-2008; Balance Amount $17138; High/Limit $17138; Account Status Pays account as agreed; Current account/was delinquent 90 days past due date; Prior Delinquency 06-2007

Comments Student loan - payment deferred; 60 Days Late 1 Time; 90 Days Late 1 Time

ACS/SLMA/BLUEMONT FUND - Education Loan

 Ownership Individual; Date Open 09-2004; Balance Date 05-2008; Balance Amount $17138; High/Limit $17138; Account Status Account transferred to another office; Prior Delinquency 06-2007; Comments Account closed due to transfer or refinance; 60 Days Late 1 Time; 90 Days Late 1 Time

ACS/SLMA/BLUEMONT FUND - Education Loan

Ownership Individual; Date Open 09-2004; Balance Date 06-2006; Account Status Account transferred to another office

AFFILIATED FINANCIAL - Auto Loan

Ownership Individual; Date Open 07-2001; Balance Date 02-2007; Account Status Paid account/was a repossession; Prior Delinquency 01-2005; Comments Closed

NATIONAL AUTO CREDIT I - Auto Loan

Ownership Individual; Date Open 06-1997; Balance Date 07-2000; Account Status Account transferred to another office; Comments Closed - Transferred to another lender

US DEP ED - Student Loan

Ownership Individual; Date Open 11-1995; Balance Date 08-2008; Balance Amount $1313; High Limit $1313; Account Status Pays account as agreed, Prior Delinquency 09-2007; Comments Student loan deferred

WACH ED FIN - Student Loan

Ownership Individual; Date Open 11-2001; Balance Date 06-2006; Balance Amount $0; High Limit $3175; Account Status Pays account as agreed; Comments Account transferred or sold Closed - Account closed due to transfer

WACH/EDU NSTALLMENT

Ownership Individual; Date Open 09-2005; Balance Date 06-2006; Balance Amount $0; High/Limit $2398; Account Status Pays account as agreed; Comments Account transferred or sold

WACH/EDU INSTALLMENT

Ownership Individual; Date Open 09-2004; Balance Date 06-2006; Balance Amount $0; High/Limit $5500; Account Status Pays account as agreed; Comments Account transferred or sold

WACHOVIA EDUCATION FIN - Education Loan

Ownership Individual; Date Open 09-2003; Balance Date 06-2006; Balance Amount $0; High/Limit $3500; Account Status Pays account as agreed; Comments Account transferred to another office Closed - Account closed due to transfer or refinance

WACHOVIA EDUCATION FIN - Education Loan

 Ownership Individual; Date Open 09-2004; Balance Date 06-2006; Balance Amount $0; High/Limit $2578; Account Status Pays account as agreed; Comments Account transferred to another office Closed - Account closed due to transfer or refinance

WACHOVIA EDUCATION FIN - Education Loan

Ownership Individual; Date Open 09-2004; Balance Date 06-2006; Balance Amount $0; High/Limit $2578; Account Status Pays account as agreed; Comments Account transferred to another office Closed - Account closed due to transfer or refinance

WACHOVIA EDUCATION FIN - Education Loan

Ownership Individual; Date Open 09-2002; Balance Date 06-2006; Balance Amount $0; High/Limit $3284; Account Status Pays account as agreed; Comments Account transferred to another office Closed - Account closed due to transfer or refinance

WACHOVIA EDUCATION FIN - Education Loan

Ownership Individual; Date Open 06-2005; Balance Date 06-2006; Balance Amount $0; High/Limit $2422; Account Status Pays account as agreed; Comments Account transferred to another office Closed - Account closed due to transfer or refinance

WACHOVIA EDUCATION FIN - Education Loan

Ownership Individual; Date Open 09-2002; Balance Date 06-2006; Balance Amount $0; High/Limit $3702; Account Status Pays account as agreed; Comments Account transferred to another office Closed - Account closed due to transfer or refinance

WACHOVIA EDUCATION FIN - Education Loan

Ownership Individual; Date Open 09-2005; Balance Date 06-2006; Balance Amount $0; High/Limit $2750; Account Status Pays account as agreed; Comments Account transferred to another office Closed - Account closed due to transfer or refinance

WACHOVIA EDUCATION FIN - Education Loan

Ownership Individual; Date Open 09-2005; Balance Date 06-2006; Balance Amount $0; High/Limit $2398; Account Status Pays account as agreed; Comments Account transferred to another office Closed - Account closed due to transfer or refinance

WACHOVIA EDUCATION FIN - Education Loan

Ownership Individual; Date Open 06-2002; Balance Date 06-2006; Balance Amount $0; High/Limit $1870; Account Status Pays account as agreed; Comments Account transferred to another office Closed - Account closed due to transfer or refinance

[Anonymous]

Bump...need help please!

[Anonymous]

This is a lot to go through. You'll have to be patient while someone responds.

My first suggestion is to send a PFD for the collection item.

Most of your accounts I would do nothing. If the wrong balances have been reflecting for a few months, then you may want to dispute. If you only paid them off/down in the last 30-45 days, give them time to update first.

For those accounts that are closed/$0 balance, no lates, do nothing - they're helping you.

For those accounts with lates - send them GWs.

This is all I've got for now. Hopefully it will hold you over until someone else has time to go through each item.

Good luck!!

[Anonymous]

I agree.

GW the lates on the CCs ... and be patient when it comes to the updating on balances. CCs are notorious for immediately updating CRAs with the negatives, but being s-l-l-o-o-o-w on updating the positive. Trust me on this. :/

For the FL utility bill, have you actually called them and asked them if they'd pull it from collections?? If so, have you called more than once? Sometimes, you have to keep calling until you get a human who acts human. And NEVER be shy about going above the immediate CSR -- never be shy to escalate the call and ask to speak to a supervisor. CSRs usually just speak from a script -- and that won't help you (and it's not meant to, it's just meant to end the call ASAP so they can talk to the next person in line).

If that fails, PFD'em. Keep sending'em PFDs until they cave.

For the SLs, leave them ALONE. They're good accounts in good standing and contribute to your AAoA. No touchy-touchy. And yes, they are supposed to report that way -- and will for 10 years after the close/transferred date (since they ARE in good standing). Believe me, they help WAY more than they hurt.

Again, for the CCs, just let them update when they do. That's all you can do, really, about the balances. If you dispute'em (on the basis of the balances), you run the risk of negatives emerging out of the ether -- or something else going flippy.

When they DO update, you should see a nice increase in your scores. Since you were at a high util before you paid them off, you should see, what? 40 points increase?? Probably more, really.

I understand that you're frustrated -- especially since I'll bet that that high util was the main factor in your CLDs (I've read your other posts). But you HAVE paid them down and you HAVE reduced your util considerably. I'll bet that once the CRAs actually update, you'll have a good shot at calling the CLDers and asking for a recon.

If I've left anything out, holler!! I'm about to run out and chauffer my kiddos to their activities (my, my, doesn't THAT sound pretentious?!) but I'll be back soon to give a bit more in-depth look-see into your post. Til then, hold on! It'll all work out!!

[Anonymous]

Thank you so much Shnaple and Wonderin!!!!!!! I really appreciate the response and will try to call FPL...but if I call them does that not give me the chance for delete since it will be a verbal thing?

Also, we just paid the accts on 9/4 so yeah it has been less than 30-45 days. But what gets me is the ones that closed or did a CDL updated balances almost immediately so yes "s-l-o-o-o-w" is an understatement. But I'll be patient.

As for the student loans that have negative/lates, what should I do? I know you said you'll look through a bit deeper later so I'll wait to hear back from you Wonderin with more advice. Thanks in the meantime.

[Anonymous]

I wouldn't call. I would just send PFDs in writing until they agree.

[Anonymous]

That's what I thought Shnaple...thanks for the quick confirm!!! Now do I do the PFD with a cashier's check or is this the one where you wait to hear from them first before you pay. I don't want to end up fighting for a delete after the fact. I've seen the cashier's check horror stories!

[Anonymous]

I would wait for a letter back from them agreeing to the PFD before sending in money.

Has anyone sent in a check saying "only cash this check if you agree to the PFD"?

I've never done a PFD. I found this site after I paid for my collection.