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Advice? I Need A Plan.


Anonymus
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I need advice. I need a plan. I would greatly appreciate your advice in any of my matters.

I currently have FACO’S of EX672:TU612:EQ652.

I have a car note with 18 months OK at 21% interest. There is about 10k left to payoff. I have a student loan that I have lowered the payments. The balance is 3k. This has been since 1998, some CRA’s report OK’s some report lates back in 2001-2002 but they all show the loan as a positive thing on my report since everything else is OK. I have a Negative TL that shows as a paid charge off as of 6/2002 which is OC. I have another negative TL which shows as a charge off Which I think is OC. I have a positive TL on a medical financing company for 5 months now for 1k.

Most of my inquiries are coming off soon. I wrote experian to get rid of the ones that will not be, other 2 CRA’s I just havn’t gotten around to yet.

I just got approved for 2 CC’s. My original plan was to bring these accounts to anywhere from 15% and 30% and keep them there. I would refinance my car loan with another bank as my current bank does not refinance.

I have already DV the paid Charge Off CMRRR, no response and then sent letters to the 2 CRA’s reporting this TL with a copy of the GC and the letter, asking them to remove the line. I know I cant DV and OC but what else is there to get rid of this. I paid this before I knew any better unfortunately.

We want to go for a house soon in 6 months. . Any advice would be great thanks.

P.S. My Credit Report was a lot worse a year ago, but thanks to this forum, its how it is now.

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I know I cant DV and OC but what else is there to get rid of this. I paid this before I knew any better unfortunately.

Although you cannot DV an OC, there is nothing stopping you from requesting information about your account.

Send them a certified letter requesting information about your account. Depending how disorganized they are, the responses that you might get may be in your favor.

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another option which was brought to my attention in another thread was to not save up money and put it towards the car loan. This way when I go for a loan I will have a lower debt and a higher score?

But what about an FHA loan, I would have to save at least 3%?

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