CreditJunky

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About CreditJunky

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core_pfieldgroups_99

  • Occupation
    Civil Engineer
  1. Once a private student loan has been referred to a collection agency, can the Original Creditor reverse this action? I defaulted on a private loan through the Univ of California and recently received a letter from the collection agency requesting payment...some company named Wyndham Professionals. My first reaction is to DV, but I'm sure they have my promissary note. I intend to pay the loan, but not to the collection agency. What shoud I do? Any advice would be greatly appreciated as I start my path to fixing my credit...
  2. Once a private student loan has been referred to a collection agency, can the Original Creditor reverse this action? I defaulted on a private loan through the Univ of California and recently received a letter from the collection agency requesting payment...some company named Wyndham Professionals. My first reaction is to DV, but I'm sure they have my promissary note. I intend to pay the loan, but not to the collection agency. What shoud I do? Any advice would be greatly appreciated as I start my path to fixing my credit...
  3. WOW. THose rates are not too bad. I was thinking upper 10's. The $900 car payment is fine with me as I am a young Engineer, have no other bills, and am looking into an '06 Corvette. Dare to dream 24 yrs old....always played it safe in college, now I am looking to have a little fun!! Most credit unions tell me 680+ will get me 5.9%. Anything below that will be about one or two more points. Below 620, and forget about it.
  4. What kind of rate would one normally see with 670 scores, no charge-offs, no BK, no collections, all accounts current, no lates for about a year, 60 month auto loan for about $45,000. No other payments except the car and about $250/month student loans. Income is ~$4750/month gross, not including overtime. Someone has to at least give me an idea????
  5. Will the lates affect a credit decision, even if I have decent scores like 670 to 680?
  6. What kind of rate can I get with these scores? I have an extremely low Debt to Income ratio and have FICO's and FAKO's in the 670's. I am looking for a $45k loan(60-72 months) and earn about $4,600/month gross. The only thing that is keeping my scores a bit low are some late pays about a year ago......the worst one being 120 days late exactly a year and one month ago, since then I have paid over $15,000 dollars worth of credit card debt, and am now only about $1500 in the hole(revolving). What kind of rate can I expect? And will the lates affect the credit decision.? All accounts are in good standing and current. TU 665 EXP 670 EQ 672
  7. condo.........450K+(this is in the Alhambra, CA area) We can probably afford about $2800/month. $1400 from me and $1400 from my bro. That leaves my D/I ratio right around 31%. Not counting my two previously stated student loans. I am an Engineer at the entry level, and expect my income to double within 5 yrs, and that is a very conservative outlook, considering the trend and need in SoCal.
  8. I am wanting to buy a new home in L.A., California. I have no clue how much I could potentially borrow. I make ~54K / YR. My middle score is 642. And the only debts I have are two students loans. One that I pay monthly ($209) and another paid quarterly ($174). I have about $50,000 for a down payment. I also have my brother that is a homeowner, that wants to buy a second home and help me out at the same time(potentially more down). His income is approx. $100,000/YR. His middle score is in the high 700's. What is the most we could qualify for and what kind of rates are we looking at (30 YR fixed)?
  9. Does anyone on here have an upper management contact for Chase credit cards. I tried Planet Feedback. I want to pay-off an account that was shown as being 30, 60, 90 and 120 days late (recently) in a row......I didn't pay the card for 4 months....it was NOT charged-off but sent to internal collections...it is now being shown on my credit report as 30, 60, 90, and 120 days late and has a remark of "Current/ was 150 days past due date". I owe Chase $1,800 dollars and am ready to pay for delete as this is my last account with derogatory information. This account was closed by Credit Grantor. Any suggestions from the Credit Afficianados out there????
  10. score booster.........any word on your new FICO's and what kind of changes you saw?
  11. Jeep.....I will do this. What kind of fees am I looking at when following through with an intent to sue. I just want to know what I am looking at when doing this. I will send it if it is not too expensive. Is there anyother way to go about this? Also......how close are FAKO scores to what a real lender uses or FICO. My FICO scores are still in the low 500's to high 400's. Yet my FAKO's are all high 500's like 590ish.
  12. yeah that is great....let me know....congrats. I disputed a 120 days late with Retail Services after I paid it off and they went ahead and updated as Paid as Agreed/Never Late. boosted my FICOscore about 38 points
  13. How many points are typically added to a score when designated as an authorized user on an account that has been in good standing for well over 15 years.