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mnl22

Rebuild my credit...

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First, thank you for taking the time to read my situation...

I got into some trouble with credit cards two years ago,when I was 20, and now I have gotten to the point where I want to repair my credit.

In total I have a 2300.00 dollars in debt combined from 5 credit cards according to my Credit Report I pulled up tonight..

They are valid debts, and in statue of limitations.

One was: a Profit and loss writeoff,

one was :Closed by credit granitor,

one was :Purchased by another lender,

one is :Closed by credit granitor

Last one is : Placed for collections.

The above accounts are what is listed as my Adversed accounts..

I currently have Six Satisfactory accounts.

So my question is, what is the next step? I want to get this going, and improve my credit score.

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Aside from that you can still lower the interest thereof since you are showing the interest to pay. Consult a legal lawyer for this and clear off your debts.

I have no money to pay a Lawyer. So should I then just make contact with the people I owe on my behalf then?

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I would try pay for delete. Write to the original creditor ,first...see what they say. I've had very good luck with this. Usually paying the full amount to the OC works well. Do one at a time....save up your money. Most that agreed to this gave me 4 weeks to send in the check. ( I usually sent it in the next day) For collection agencies...offer less than the fulll amount)

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Debt wise, that is not that much. I would get ahold of the original creditors and work something out. Keep in mind that the debt they writeoff will be like income to you on your taxes.

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Wait a minute!

If it got sold off, can I still negotiate with the OC?

I just sent off a PFD letter to the CA expecting to 623 the OC? Did I just screw up and waste $?

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Update- I have been organizing my debts, and today I receive a Notice that I am being taken to court by Chase, have a court date in Two Months , What do I do? I don't want a judgement on me, that will make it harder to get a job, I want to work this out, I have been trying. Thank you.

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Update- I have been organizing my debts, and today I receive a Notice that I am being taken to court by Chase, have a court date in Two Months , What do I do? I don't want a judgement on me, that will make it harder to get a job, I want to work this out, I have been trying. Thank you.

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I would contact Chase ASAP and see what you could do. I would still try for the PFD and best of luck to you!

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