Paid Delinquencies

[Covenant]

Hello Gang

This is my second post. I really love this forum. So here we go.

I have improved my credit over the years and paying off old delinquent  and collection accounts. Paid all of them off before I new what pay for deletion was.

I have a:

TU score of 688

EQ score of 658

GOAL is 750

I have 5 paid delinquencies on TU and 10 paid delinquencies on EQ in which 4 are due to drop off by September of this year. (That's how old these are)

I have 3 credit cards Household, Applied and Orchard Banks $500,$750 and $600 available balance with no balances on any card. I have auto pay so the cards are paid each month. I make $83,000 per year and rent a house $1150 per month. I have no car payments so all I pay is basic household bills. So here we go:

I want to purchase a home and new car in 2014. I am self employed with 57 employees and I am in DIRE NEED of a business line of credit.

How bad does the paid delinquencies hurt my chances of achieving any of this. I am afraid to have credit inquiries because it hurt your score when pulled. I am disputing several of the delinquencies on EQ because I think they're reporting twice (SST/CITGCORP and SST/Columbus)

Any input would help

[Covenant]

Purchased New Car  Chevy Tahoo Loan throu Wells Fargo Rate 6.2%

[annielorie]

go to business credit in this forum it shows you how to get business credit cards without a PG 

[annielorie]

also after your disputes are in start GW ng all those paid delinquent accounts. They are so old. Give it a try Good Luck.

[Covenant]

Thank You 

My Goal is to get a Line of Credit for $250,000  I have the equipment and business  vehicle equity

[credit3xhausted]

With youw WF rate on your auto loan, your business line/loan through wells fargo should be an option.  Have you talked to your WF business banker?

[Covenant]

Not yet  I just got the auto loan this week. I have a very good business model and i have 5 company vehicles and a warehouse full of equipment thats all paid for. I have spent the last 4 years building business with no loans . but i am at the point where i need the line of credit.