Need some help with credit rebuild if possible

[Anonymous]

Thank you for your insight sarge12 I will also take your tips into account for my rebuild 

[Anonymous]

Would getting my discover account to PAiD restart my 7 year window of it being on my report?  It's been on there for 2 years as closed. 
 
second question 

so with a charged off account with a balance reporting $0 there isn't a way to get it removed with let's say a PFD unless a CA buys the account? I'm a little confused because it seems like 1 bad account can hurt you twice so it makes it tough on who to get in contact with to talk business 

As far as dealing with a CA what would be the best way to contact them to start negotiating PFD? Is there a possibility for instance with LNVN or trident asset managent on me getting the bill reduced, the card limit was only $300 and it's in collection for $740

Lastly is there any PFD letter template you'd recommend?

thanks in advance  

[Anonymous]

NFCU AU that was maxed out over 17k was removed today and my score shot up to a 573 from a 548. Just waiting on my accounts i paid down to zero to hit and will give an update 

[Anonymous]

Dropping by with an update on my current balances and credit scores. I expect some more changes by end of the month.

Any reason for such a big disparity in the scores. Id love to get that experian score up. TU had a 106 point jump since 4/1

TU 655 Showing 18% UTI

EX 589 Showing 16% UTI

EQ 599 Showing 49% UTI

Mission Lane / $750/ $0 

Cap1/$300/$0 

Fingerhut/$1000/$0

GreenDot Secured / $1100/$584

Self Lender Secured / $650 / $0

Citi Secured /$1000/$13

Cred1 /$450/$37

Self Lender Loan $539 *Made first payment yesterday 

Charged Off

CB Indigo High Balance $618 TU/ $618 EXP / $300 EQ *CL$300 Bal Owed $0

Cap1 HB $954TU/ $0EXP /$954EQ * CL$750 BO $954

Discover It HB $972TU/$0EXP/$272EQ *CL$500 BO $272 

TBOM/Milestone HB $740TU/$0EXP/$300EQ *CL$300 BO $0

Collection

Trident Asst $740 /Original CreditorTBOMMilestone * settled for $592 waiting on deletion from CR

LVNV $915 /Orignal Creditor Cap1

[sarge12]

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@Anonymous wrote:

Dropping by with an update on my current balances and credit scores. I expect some more changes by end of the month.

Any reason for such a big disparity in the scores. Id love to get that experian score up. TU had a 106 point jump since 4/1

TU 655 Showing 18% UTI

EX 589 Showing 16% UTI

EQ 599 Showing 49% UTI

Mission Lane / $750/ $0 

Cap1/$300/$0 

Fingerhut/$1000/$0

GreenDot Secured / $1100/$584

Self Lender Secured / $650 / $0

Citi Secured /$1000/$13

Cred1 /$450/$37

Self Lender Loan $539 *Made first payment yesterday 

Charged Off

CB Indigo High Balance $618 TU/ $618 EXP / $300 EQ *CL$300 Bal Owed $0

Cap1 HB $954TU/ $0EXP /$954EQ * CL$750 BO $954

Discover It HB $972TU/$0EXP/$272EQ *CL$500 BO $272 

TBOM/Milestone HB $740TU/$0EXP/$300EQ *CL$300 BO $0

Collection

Trident Asst $740 /Original CreditorTBOMMilestone * settled for $592 waiting on deletion from CR

LVNV $915 /Orignal Creditor Cap1

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Disparity between the scores of the 3 CRA's is very normal for scores with dirty files. It is caused often by the fact that lenders don't always report to all 3 of them. It does not effect clean files as much, because having no baddies will make all of them high. If you had one baddie, and that lender only reports to 1 CRA, it will result in only that CRA having low scores. Most report to all 3, but there are some who don't. I think I read that HSBC does not report to TU due to a major fallout between them and TU in the past. The lenders are not required to report to any, and that makes their card attractive as a hidden tradeline that even having a very high utilization on will not drop the score. Many members on this board love lenders that do not report, but usually that does not last. If you have 80% utilization on a hidden tradeline, if they start reporting it can result in major point drops.