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matlock99

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Everything posted by matlock99

  1. Why would they have posted as late as July if I was settled up in March, though? Thanks.
  2. Hi there. I also posted this in the Student Loans forum, but it struck me that this issue isn't really specific to Student Loans, so I was hoping some credit report experts could give me some advice. I had five negative ISAC TLs and five negative Nelnet TLs related to some defaulted student loans that I paid ISAC for in March 2006. After two goodwill letters, ISAC eventually deleted the TLs. I've written one goodwill letter to Nelnet, and they refuse to delete. It's my understanding that Nelnet rarely, if ever, deletes. However, I don't think they've reported the situation with my loans accurately. Here's how they stand: TU: Five chargeoffs, last reported June '06 (paid collection) EX: Five chargeoffs, last reported July '06 (account seriously past due) EQ: Five 120 day late payments, last reported May '07 (paid collection) The EX entries are listed as Closed (Paid), and the TU and EQ entries are listed as Derogatory. This is through TrueCredit. Again, my obligation to these debts was completely taken care of in March '06 through ISAC. They'd assigned the loans back by this point. Assuming that a goodwill to delete is not going to get me anywhere, what's my best course of action in getting my TLs dated back to March '06 at the latest? Also, should I be grateful that EQ shows late payments and not chargeoffs, or should I ask them to correct? Thanks very much in advance for your help.
  3. Hello there. I was hoping someone could offer me some direction on five Nelnet TLs that are currently on my credit reports. I had five negative ISAC TLs and five negative Nelnet TLs related to some defaulted student loans that I paid ISAC for in March 2006. After two goodwill letters, ISAC eventually deleted the TLs (I think I got someone on a good day, plus, their counselor had given me some bad information on rehabilitation v. settlement). I've written one goodwill letter to Nelnet, and they refuse to delete. I've read up on this board and it looks like you're basically out of luck in trying to get Nelnet to delete anything. However, I don't think they've reported the situation with my loans accurately. Here's how they stand: TU: Five chargeoffs, last reported June '06 (paid collection) EX: Five chargeoffs, last reported July '06 (account seriously past due) EQ: Five 120 day late payments, last reported May '07 (paid collection) The EX entries are listed as Closed (Paid), and the TU and EQ entries are listed as Derogatory. This is through TrueCredit. Again, my obligation to these debts was completely taken care of in March '06 through ISAC. They'd assigned the loans back by this point. Assuming that a goodwill to delete is not going to get me anywhere, what's my best course of action in getting my TLs dated back to March '06 at the latest? Also, should I be grateful that EQ shows late payments and not chargeoffs, or should I ask them to correct? Thanks very much in advance for your help.
  4. Hello again! The question that will never die I have been sitting on this issue for a while, but am compelled to clear it up again. I found a new site where I got information on both judgments. One was paid off via wage garnishments last year, although I never got any type of payoff notice or anything. The second hasn't been paid on at all, and I haven't heard a thing on. It turns out that Cohen & Slamowitz was the lawyer on both. Even though the judgments were a year apart in '03 and '04, I now see a disposition date next to both cases - three days apart last April. My questions: - What does disposition date mean in a civil judgment? - How do I ensure that the money that was paid on the first judgment due to wage garnishment is actually reflected in the court records? And not get the file re-aged, since it's due to fall off next year? - I would like to clear up the second settlement, but I'm afraid I'll screw it up. I don't want the account to re-age, and I don't want to be powerless if they come to me wanting me to pay twice the original amount. Thoughts? Thank you!
  5. Hi there - would like some advice on how to handle secured cards now that I have unsecured ones. I opened an Orchard Bank secured ($1250) in February 07. That June, I was approved for an unsecured HSBC Discover card ($2500). I opened a Bank of America secured ($1200) in November. Oddly, it was only a few weeks later that I was approved for an unsecured Bank of America card ($3500). In that time, I've also been approved for a Citi Hilton card ($4000) and assorted smaller cards (Hooters, Target, Old Navy, iTunes Visa). Also, I'm currently an AU on cards with $24,000 of open credit, so the debt-to-credit hit from closing shouldn't hurt me so much until that stops counting (and hopefully, I'll have higher limits by then). My question: I know that closing cards is usually not a good idea, but I could use the $2450 (combined) from the secured cards to pay down the $1750 outstanding (combined) on them and put the rest toward other debt. Plus, the BofA is reporting as a secured, which I can't imagine is ideal. And I'm kind of confused as to why they'd give me a secured and an unsecured at the same time. Any advice here? Thanks!
  6. So I sent a letter saying that I wanted to talk about paying off the judgment and didn't get a response, but instead got a letter from a marshall about a wage garnishment...what do I do at this point? It's more than I wanted to pay ($1,800 total when the judgment was about $600 less), but I also don't want this getting to my employer. I'm supposed to send the money to the marshall. Will they then file the right papers to clear up? Thanks.
  7. A few months ago, I hunted high and low for one that I qualified for, and somehow, I came up empty (I live in Northern New Jersey/New York City area). Any good online recommendations?
  8. Hi all -- was wondering if anyone had a recommendation for the best place to secure a personal loan. I have about $12,000 scattered around many different cards that I'd like to pay off at once to help my FICOs and simplify the process for me. My TUs and EXs are in the low-to-mid 600s, and my EQ is trash. I can comfortably handle a 36-to-48-month repayment schedule on my income; am wondering if there are lenders who will take income verification into account as much as FICOs. My TU and EX baddies at this point are all student loan related from a long time ago (one judgment from 2003 on EX). Thanks!
  9. Beyond the time and effort, does it make strategic sense to delete? It's an old account with no lates, but I don't know how much the high balance being over the credit limit hurts me.
  10. Hi there -- question -- there's an account listed on my credit report that was open from 1996 - 2001. I'm not familiar with it and am listed as an authorized user. The credit limit was $8,100, and the high balance was $9,624. The account was closed at the consumer's request. It just struck me that even though it's a nice older account with no late pays, it might be in my best interest to have it deleted since the high balance is so far over the credit limit. Thoughts?
  11. Anyone familiar with them? Trying to find contact info and darn if Google is coming up dry! This is for a debt that goes back to 2004. Thanks!
  12. This got me wondering -- any sense of how much an installment loan helps you in real terms? I'm two months into a $24k car loan with scores in the high 500s - low 600s, mainly from a handful of chargeoffs and one judgment per report. Very curious to see how adding to my mix of credit will really boost my score.
  13. This is great! Thank you. Final question (hopefully) - and just to clarify - I definitely want to talk to the attorney and NOT the CA, correct? I just got an e-mail for the CAs, and was trying to save myself a (currently impossible without taking a day off of work) trip down to the courthouse, but if that's a bad idea, I'll make it work. Thanks so much!
  14. I've been an account holder with them for about six months, and my scores are below. Good luck! TU: 660 -- six payment after chargeoff/collections, five open credit cards (two AU), one car loan, zero public records EQ: 598 -- ten 120+ days past due, five open credit cards (two AU), one car loan, one judgment (2004 -- status: appealed) EX: 668 -- one account legally paid in full for less than full balance, five OK/was collections, five open credit cards (two AU), one car loan, one judgment (2003)
  15. This is great advice - thanks very much. A few questions: 1. Does the attorney for the plaintiff have any way of finding out how much money I make during this process to determine how much I can actually pay? 2. Is the best way to make contact with the attorney CMRRR? 3. The files I pull at the courthouse will have the attorney info, correct? (Right now, just the CA names are listed on the report) Since this happened years ago, if the attorney is no longer with the company, what do I do? 4. A satisfaction is a letter they send me telling me that the judgment is satisfied, correct? and finally... 5. Does the judgment fall off seven years from the date of the judgment or seven years from the date of satisfaction? The judgments are in NY and I live in NJ. Thanks!
  16. Hi there - I have two judgments against me - one for $1,200 from 2003, and one for $3,200 from 2004. I've been successful in getting at least one off of every credit report, but I'm now in the market to buy a house, so I want to take care of these outright so that it doesn't affect that purchase. Does anyone have any advice on the best way to get these showing as paid without being raked over the financial coals? What's my first step after getting the information for the CAs that won the judgments at the courthouse? Do I send them a certified letter telling them that I'm ready to pay the judgment and see what they come back with in terms of an amount? (I know interest has accumulated) And does contacting the CAs and paying this off put me in any jeopardy of others coming after me for money for other things? I was reckless in my youth and had several delinquencies that I'm sure fell off my credit report just before I checked it for the first time in March of 07. I know that I'm going to pay some type of interest on what's accumulated, but I'd rather not pay through the nose. Would appreciate any advice you can give me. Thanks!
  17. Results of my credit spree below. Thanks for all your help! DENIED JC Penny -- Pulled TU Nordstrom -- Pulled EQ Loews -- Pulled TU Macy's -- pulled EX Pottery Barn -- pulled EX MacMall Preferred Card -- Pulled EQ MacMall Bill Me Later -- Pulled EQ APPROVED Target RedCard -- $200 -- Pulled EQ Old Navy -- $200 -- Pulled TU Hooters Card -- $500 -- Pulled EQ Juniper iTunes Visa -- $1,000 -- Pulled TU Cap 1 No Hassle Visa -- $1,000 -- Pulled EX Bank of America -- $3,500 (!!!) -- Pulled TU Hilton HHonors Citi Gold -- $4,000 (!!!!!) -- Pulled EX MY SCORES TU: 660 -- six payment after chargeoff/collections, five open credit cards (two AU), one car loan, zero public records EQ: 598 -- ten 120+ days past due, five open credit cards (two AU), one car loan, one judgment (2004 -- status: appealed) EX: 668 -- one account legally paid in full for less than full balance, five OK/was collections, five open credit cards (two AU), one car loan, one judgment (2003)
  18. Happy New Year, all! Want to thank everyone here for help me make incredible strides on fixing my credit - and future - this year. I feel very fortunate to have found this forum! Now to the credit question - I'm a Bank of America customer, and when I inquired what credit cards might be available to me in early November, I was told I could only get the secured card, so I did so to the tune of $1,500. Then, just a couple weeks ago, I got a pre-qualify offer from BofA in the mail, not mentioning my existing secured card. I applied online and got the "need more processing" message, so I figured I didn't get it. Lo and behold, today a get a card with a $3,500 unsecured limit in the mail!!!!!?!???!?!??!? It's a Christmas miracle! So my question is this - I'm just about maxed on the secured card. I know that most people advise to never close a TL, but seeing as it's only been open for two months, and my utilization on that thing is about 95% which I could wipe out if I just closed the card and put the money I secured it with toward it - should I close the secured card? Thanks!
  19. Yeah, at my last company (which was another huge corporation), they issued corporate AmExes, but the employee was responsible for everything (billing statements went to home addresses, on your credit report, etc). I was declined -- but then again, I applied several years ago. I have a feeling my new company does the same thing, since my colleagues get billing statements sent to their home addresses. Thanks!
  20. I just got approved for the Juniper iTunes card for a purchase limit of $990 as well (although Macy's and Target needed additional processing time, which I'm assuming is a big fat no). Now that I FINALLY can keep my finances organized (Quicken Bill Pay is a godsend for a scatterbrain like me), I'm really looking forward to seeing what these will do for my score down the road! Thanks for the advice.
  21. Great advice! Thanks! (in the time since my last post, I was approved for Cap 1 No Hassle Points for $1k and Old Navy for $200)
  22. And it's not like my credit is great now, btw I was just in the mid-500s for all and had two judgments on every report
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