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About Donnyten

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    Durham NC
  1. Yes I did. score started off in the mid 500s. i settled all of my debts and requested collectors to take the stuff off my report, also challenged everything on my report afterwards to help expedite the process. when this happened my score dropped to 4. 4??? i thought was so weird, but was because i no longer had anything on my report, no established credit and was basically like i was starting new again. first thing i did was get two secured credit cards, one through my bank ( bank of america), and one through capital one. the bank of america card has a 300 dollar limit and the capital on
  2. thank you, i appreciate it. So, an update.. i paid off the entire balance and to my surprise, my score jumped significantly from 657 to 672 according to transunion. But i also received an email from experian stating my fico score is at 715? Which one is more accurate? My capitol one limit was also increased from 200 bucks to 500 bucks Also, this made me think a little.. would a quick way to improve credit score , would be to use up a little less than half your limit ( such as what happened last time) , have the bank report to the bureau, score drops.. th
  3. thanks for the responses. if i pay all of my balance off before the due date instead of the minimum, would my score increase by a few extra points instead of the usual 4 points per month?
  4. Hello. Been working on my credit thanks to this lovely form.. Was recently at 667, until I got an email that stated credit score had dropped by 10 points. I login to transunion to check my credit score ( as they reported it had dropped) and it has indeed dropped by 10 points. I have two secured cards a bank of america with a zero balance, and a capital one card with an 87 dollar balance, 200 dollar limit. Could the credit utilization have something to do with the significant drop in score? it is almost a little depressing but i'm trying not to let it stress me out.
  5. Wait a minute. A collection was taken off my transunion report and now transunion reports my score is 4. Wtf?
  6. Good to know. Good news also, those two collections that were paid off have been removed from all three bureaus. Score increased by 30 points. Score is still extremely low in the mid 500s but its a start. I also applied for another cap one secured card 1 week ago. I guess from here on out i'll need to be patient.
  7. awesome This may have been answered in one form or another, but would it be advantageous/ disadvantageous to me if I were to apply for another secured card? does it look better to have multiple streams of credit open or does it not really matter? At this point I've paid off all of my debts so I guess all thats needed is time and wise spending. I dont plan on using that card for anything if I can manage unless its a dire emergency, whatever to build my credit at this point.... whatever can help accelerate the process as well as far as my score is concerned
  8. Thanks for the replies again. Though it wouldn't have made a difference to my score or history ( im assuming) I went on ahead and contacted Chase and Cap 1, both which did not have any open accounts on file ( not new news), they referred me to the collection agencies that had my data. Both agencies said the accounts fell off/ were no longer open and that I did not have any debts. So I guess that's that.... with that said, this may be a silly question but, restarting of SOL does not apply since I dont have accounts with the agencies correct?>
  9. Thanks. I paid the major collection on my report, the other one was just a $50 charge so I took care of that as well. I paid a visit to Bank of America and got a secured credit card that I can use to build my credit with. They no longer had the 99/300 option available to me. With that said I had a question about utilization. The guy I spoke with told me the amount and cost of the purchases is irrelevant as long as you are paying in full and on time. That will help build a positive credit score over time. I'd like more opinions on this if possible. do I make small consecutive purchas
  10. I wish i would have known beforehand: re:paying a collection, that I needed to get in writing an agreement to remove the debt from my history. I say this because I felt the urge to settle one of two major debts on my report today, for half the amount owed, when I asked the rep if it would be taken off my report, she said " I think so, yes". SMH. In retrospect that was not good enough and I hope I didn't waste my time and money settling that debt if it will just stay on my report. I also felt the urge to attempt to settle with Chase bank, and capitol one, two cards I screwed myself
  11. Thanks for all the help. Re: name change- only the name was changed but not the SSN. I managed to get a copy of my credit report for free and see two collections listed. Needless to say I need to pay them off and plan to negotiate with the two for something I can afford. So, when the two are paid off how long will it take for them to be taken off my report, or shown to have a zero balance/ paid off ? and will this even improve my score or keep it stagnant until I start building credit? I now bank with bank of america so I'll see if they can offer a secured credit card. Question abo
  12. Hello people. I'm looking to improve my credit. I'm 31 years of age and made a few bad choices when I turned 18. I was approved for a capital one and chase Bank credit card, both went unpaid and ended up in collections. I was younger and had a different name but was changed years ago. As of today there are two items on my credit report. however I cannot see the past collections from those credit cards on my report. I'm not sure why they are not listed and whether or not they still affect me. Could anyone provide insight as to what's going on with that? Could it have been due