Hello,
I am new here. I am interested in knowing what is a GW letter and where can I find it?
I see that letter maybe of some use in my credit situation. I am looking to rebuild. I only have two open accts. One small card 500 limit and student loan 2650. I have 6 accts in collection two are sched to be removed and the other 4 need to be paid off. The creditors are declining my offer for payoff for deletion.
Starting Score: 486
After (finally) making a commitment to better my credit ways, I'm joining the December thread of the challenge to set me up to participate for real next year. I started my credit journey with my score in the 400s a few years ago, and as recently as September was still in the 550s. Since then I had a couple of charge offs (credit cards opened when I was 19 and didn't realize what responsible account maintenance was) and collections (ditto) age off of my reports. I also established new cards (even with high annual fees and high APRs) to have new better credit management. I now have a normal Capital One card that keeps getting CLIs without requests by me, and have a Victoria's Secret store card. Today I applied for an auto lease, my first without as the only borrower. Fingers crossed that my hard work to date is good enough to get me there!
Starting Score: 552 (EQ 9/2013) 800