Hello everyone. I've spent the day browsing the forums and I finally decided to post. I know there is no one size fits all solution to credit repair. I'm hoping to find the fit for me. I declared Ch. 7 BK in 2010. It actually boosted my score from the low 500's to the low 600's. However I haven't been able to get past about 640.
Right now I'm down to about 588 (per credit karma.) In the past month I decided to get a new car and I went from Carmax to a traditional dealership to see if I could get a better rate. I ended up turning down offers from both because the rates were higher than I wanted. Turns out I had some tax liens hit my report back in January and my car payment reported late for 3 months right after I was discharged from bankruptcy. I am in the process of having the liens removed because I don't think they are valid and I called capital one but they weren't helpful. I made a late payment last July when my adopted mom passed. Although I made the full payment, there was a late payment fee (which I didn't know about) that was unpaid until I made one of my quarterly extra payments.
With all that I kind of went a little crazy and did a lot of credit card applications. I got a $400 Walmart approval but mostly denials. SO now I have a lot of inquiries (like 20-30 total). Credit scores around 600. 2 Capital one credit cards for $750 each and one Orchard Bank Card (soon to be Capital One) for $300. I also have a Kay card for $1500. My credit utilization is generally under 30% but right now it's about 50%. I'm about to pay all my cards off. I also have about $70K in student loans which I've recently started paying.
I've seen something about having "arrived" when you have $5K+ in credit. Is this all on one card? Are there any credit cards (not secured) that I can/should apply for or a personal loan? My goal is to have around an 800 credit score but for now I'll be happy just making it to 700. Can anyone give me some helpful advice?
CHillS
