Really if you can, build your credit with Banks, make your goal be reward cards in the future, like Capital One graduating and paying you 1.5% on every purchase, Discover 1-5% cash back also. Store cards are for the most part, low lines of credit, not good at credit increases.
Even for people who open their first revolver with a store card vs a bank card, affects the Lexis Nexis reports for auto insurance, but that is a whole other story. Just that same that consumer finance loan (ie, Main Street Finance Company)vs. loan through banks also has a bit of an impact on your credit.
Are these your Vantage scores or Fico? With the number of baddies you have, I would expect your Fico to be in better shape. Are their any lates or other derogs not listed?
As far as the student loan hurting, it's hurting now. since it's in deferment, the interest is adding to the balance and increasing your utilization each month. If you can afford to start making payments on it, you should start paying on it to bring that balance down and building positive payment history. If this is a federal loan, then check out the different payment options you may have on the student loan site. Its got to be paid at some point anyway, may as well save you some interest dollars.
You do need to add some more open positive tradelines to offset the chargeoffs. Then see what you can do about getting the chargeoffs settled with possibly a PFD or at least paid so they stop dinging you with updates each month.
I have found that Credit Unions are the best SL to get and it helps you build a Banking relationship as well as rebuild your credit. Good luck with your journey.
Update to my short progress:
Talked to NFCU and setup two settlement lumpsums. And talked to AFNI. After 30 days AFNI requests the account be deleted off the report. I also applied for the Discover it card and got approved just have to do my deposit. Which card should I use to carry the balance? I like my CapOne card so far but I don’t really get any rewards. Their online interface are easy to use. Are there other cards besides the OpenSky that is good? Can I get another CapOne secured? Thanks guys!
You generally want 1 to report a balance, not carry a balance, as you will be paying interest. You can alternate between Cap 1 and Discover, just make sure you use both each month. I've had no purchase and zero balance on a Cap 1 once, and they didn't report a pay history for that month. The key is to use wisely, low utilization, whichever one reports (optimal less than 8.9% of it's credit line), PIF after statement, and repeat.
How is the share secured loan coming along? If you have zero installments, this will give you a good bump in credit mix. Best to use the ones on topic here, that will lend a small amount (say $500), but put it on a 5 year term, that will accept a large payment (about $450) without applying to principal and shooting your due date 4 years into the future by paying it under 8.9 % also.
Is your Cap One not giving the 1.5% cashback? If not you can with a good history of about 7-9 months will graduate to unsecured and try for product change to the cash back.
Can you explain this please because I am not sure about the direction you are going with this?
How is the share secured loan coming along? If you have zero installments, this will give you a good bump in credit mix. Best to use the ones on topic here, that will lend a small amount (say $500), but put it on a 5 year term, that will accept a large payment (about $450) without applying to principal and shooting your due date 4 years into the future by paying it under 8.9 %
NFCU Auto Loan, $6,840 paid on time in full in 2015
NFCU Auto Loan, $12,014, paid on time in full October 2017
NFCU Credit card (Charge off) $1,135, 2016 charge off date
NFCU Personal loan $300 paid in full on time
NFCU Personal Loan $500 paid in full on time
Did you ask Navy about going forward with them if you do pay them off? It would be great to save that relationship. Their secured card and SSL would be good to rebuild.