@hooper1 wrote:Hello everyone, today i am starting my credit rebuild project. Im hoping that you guys and gals will be willing to help me as I go through the long process. First I'd like to say that I have almost no idea where to begin or what to do. Im hoping all or at least one or two of you would be willing to be a mentor/counselor to me as I go through the process. So here are the details my current scores are EQ 467,TU 465, Exp 479. The rundown is as follows : CITI card closed they want 370$ and are offering a settlement they say it wiil go to collections agency on september 8.Total card closed and was sold to resurgent collection agency.Another Total card is closed and was sold to LTD financial collection agency.Reflex card closed and sold to CKS collection agency. First premier card closed but im currently paying 137$ a month to it.Second First premier card is currently not closed Im paying 120$ a month on that one ,its locked and not usable until i pay the other First premier card off.Cap one card closed. Verizon account sold to resurgent collection agency. this is everything on my credit report except for a loan i have with my credit union that was paid off.I guess my first question is where do I begin? I appreciate any and all advice and I look forward to working with all of you and watching these scores rise up!
I lined them up for easier reading. Need more info. Are any of these charge off's since you said they're closed. Do any of these accounts show a balance. If you can list them as Name of Creditor/Credit Line/Balance. This will help figure out a plan. Tackle Citi.
CITI card closed they want 370$ and are offering a settlement they say it wiil go to collections agency on september 8
Total card closed and was sold to resurgent collection agency.
Total card is closed and was sold to LTD financial collection agency.
Reflex card closed and sold to CKS collection agency
First premier card closed but im currently paying 137$ a month to it.
First premier card is currently not closed Im paying 120$ a month on that one ,its locked
Cap one card closed.
Verizon account sold to resurgent collection agency.
Right off the bat. If you can pay CIti. You dont want a CA added to your reports.
Are you sure the 1st Premier cards are completely closed? I had 2 cards with them a while ago. I was late on 2 payments so the send me a letter stating the cards were closed but after I spoke to the customer service agent I was told if I brought the accounts current they would reopen the accounts.
You should try calling customer service if it's not too late to see if you have the option to keep the accounts open
@hooper1 wrote:
Citi 200/307 marked as closed over 120 day late ,paying the 307 this week as suggested by yall NICE!!!!!!!!
Total card (cl) 300/ (bal) 0 charged off with resurgent CA Resurgent will PFD and remove the collection from your reports. NEXT!
Total card (cl) 300/ (bal)0 charged off with LTD CA
Reflex card (cl) 1000/ (bal) 0 charged off with CKS CA
First premier (cl) 800/ (bal) 1297 closed 1 60 day late paying 137$ monthly
First premier (cl) 900/ (bal) 1619 closed all 'ok's" on payment history paying 120$ month
Cap one (cl) 500/ (bal) 345 closed 120 day late
Verizon (bal) 1087 marked "c" for collections
Keep bringing the FP card balances down. Then go after Cap1 and pay them since you didnt post a CA for them yet. Bit by bit. You can do it. Then settle with the other CA's. I do not believe they PFD. Keep us updated!