Status and Capital One Reconsideration SUCCESS

jrubedjmp311 · ‎06-30-2017

So this whole rebuilding process is long and tiring.

However, I had recent success.

A Month ago, I had 6 charged off accounts, 2 in collections 1 for Verizon and 1 for resurgent as well as On Time student loans with NO CREDIT AVAILABLE.

A month later here is where I am:

Capital One: Paid In Full

Verizon: Removed from report

Credit One: Paid in Full and removed from report

Resurgent Capital: Removed from report

First Premier: Paid in Full (these guys wont remove for anything!)

Chase: Settled

Barclay: Still Owe

New Total Mastercard: $300 limit

New Capital One: $500

Student Loans: On Time

Auto Lease my wife signed with me on Time.

So I think that as long as I pay off the barclays and keep at my payments ill rise up soon. Do you agree?

Now to the Capital One....I was denied obviously for a new card since I just had a CO. I wrote the CEO and got a call to speak with an associate in applications. 4 hours later, I got a call they reconsidered and approved me for $500!!

Anyone have advice on what else I can do here? My score has not moved much at all but I feel like it will now.

Thanks for the replies.

gdale6 · ‎07-01-2017

@jrubedjmp311 wrote:
So this whole rebuilding process is long and tiring.

However, I had recent success.

A Month ago, I had 6 charged off accounts, 2 in collections 1 for Verizon and 1 for resurgent as well as On Time student loans with NO CREDIT AVAILABLE.

A month later here is where I am:

Capital One: Paid In Full
Verizon: Removed from report
Credit One: Paid in Full and removed from report
Resurgent Capital: Removed from report
First Premier: Paid in Full (these guys wont remove for anything!)
Chase: Settled
Chase: Settled
Barclay: Still Owe

New Total Mastercard: $300 limit
New Capital One: $500
Student Loans: On Time
Auto Lease my wife signed with me on Time.

So I think that as long as I pay off the barclays and keep at my payments ill rise up soon. Do you agree? Keep reported utilization low and overtime as the recent paid off COs age your Fico will rise.

Now to the Capital One....I was denied obviously for a new card since I just had a CO. I wrote the CEO and got a call to speak with an associate in applications. 4 hours later, I got a call they reconsidered and approved me for $500!!

Anyone have advice on what else I can do here? You can begin a GW letter campaign to see if you can get the paid COs off the report.

http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/GW-letter-Q-amp-A-Examples-and-GW-Success-Sto...

My score has not moved much at all but I feel like it will now.

Thanks for the replies.

Anonymous · ‎07-01-2017

@jrubedjmp311 wrote:
So this whole rebuilding process is long and tiring.

However, I had recent success.

A Month ago, I had 6 charged off accounts, 2 in collections 1 for Verizon and 1 for resurgent as well as On Time student loans with NO CREDIT AVAILABLE.

A month later here is where I am:

Capital One: Paid In Full
Verizon: Removed from report
Credit One: Paid in Full and removed from report
Resurgent Capital: Removed from report
First Premier: Paid in Full (these guys wont remove for anything!)
Chase: Settled
Chase: Settled
Barclay: Still Owe

New Total Mastercard: $300 limit
New Capital One: $500
Student Loans: On Time
Auto Lease my wife signed with me on Time.

So I think that as long as I pay off the barclays and keep at my payments ill rise up soon. Do you agree?

Now to the Capital One....I was denied obviously for a new card since I just had a CO. I wrote the CEO and got a call to speak with an associate in applications. 4 hours later, I got a call they reconsidered and approved me for $500!!

Anyone have advice on what else I can do here? My score has not moved much at all but I feel like it will now.

Thanks for the replies.

what exactly did u say in your letter for your recon ? i've been trying to recon and have no such luck . ive paid my charge off in full and still no luck. can u pm me.