What are the DOFD on the collection accounts?
**Update** I applied for the NFCU secured card in a branch on 1/10/19. I funded with $500 and paid for expedited shipping ($12). Received the card 1/11/19 by FedEX. Full process literally took less than 24 hours from application to card in hand.
It won't be long before you can be approved for an unsecured NFCU card. They will pull TU and after a few months of use (pay in full) on the nRewards, your internal NFCU score will get you an approval for a GoRewards, Platinum etc. They use a TU pull for new cards but their internal score may matter more. Their internal score incorporates your NFCU history and offsets low credit scores, CA's, CO's etc.
Thank you so much. How do I find out my internal score with Navy?
You may get a letter about your secured approval. But that number won't matter much. After say three months of paying in full on your nRewards though, your internal score will support an unsecured card. You will then certainly get a letter stating your internal score. I was approved for an $8k flagship with a 586 TU and 291 Internal NFCU score. My Wife was just approved for a $15K AMEX with a 580 TU and a 313 Internal score. NFCU utilization matters and then starting limits are determined by DTI (debt to income) and Income it seems. The NFCU internal score is secret and there is now way to know it ahead of time as far as I know. What matters is knowing it exists and do things that will boost it like paying your nRewards on time and in full. The NFCU internal score is a huge deal especially for rebuilders like us.
Just keep paying on time. My overall point is that, at this point, your next CC can likely be an unsecured NFCU card. No need to bottom fish because if you play your cards right, NFCU will reward you. Then protect that relationship as there is nothing like NFCU.
Collections on 3 CRs:
PRA (Cap 1)- $942 ; Date Updated: 12-27-18
Portfolio Recovery has a somewhat new policy. if a consumer pays a debt in full or settles on a delinquent debt, Portfolio Recovery will remove the delinquent account from the three major credit bureaus within 30 days of receipt of payment. www.portfoliorecovery.com
Deletions for reported PRA accounts apply to both accounts paid in full or settled in full. So if a consumer can't pay the full amount, they can call in and request to settle for a lesser amount. Good luck!
Couple of recommendations regarding your credit repair journey: