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Me and my fiancee are wanting to purchase a new home next year and recently went to see a specialist to take a look at our credit scores. Mine is currently at a 588 which is absolutely terrible so I had a few questions on how this process works. I want to try to dispute everything to see how much I can get taken off and just to test the waters with the CBs. My first question is when I go to dispute, should I send letters to all three CBs at the same time?


I used to live in MO now I live in TX. On my credit report I have one item in collections that looks like its an old electricity bill back in MO. This will be the first one I try just to test it out. I can always pay for deletion if everything falls through on this one.


What is hurting me the worst looks like a few late payments on my student loans. Can I dispute those to the CB and what is the likelihood that there is no documentation that a payment was ever late, forcing them to remove it?

Also another thing hurting me is some sort of private loan called PEAKS from when I attended ITT Technical Institute 2008-2011(huge mistake). They originally contacted me back in 2011 saying I owed over 2k. I demanded to know who they were and what I owed they kept harassing me until I finally told them to send me an itemized receipt validating proof of what I owe so I could fax it over to my lawyer. They never bothered me again until this week.


They somehow manage to get my fiancee's cell phone number even though we don't own anything jointly and no documentation exists that I know of that has our phone numbers or names listed together. The ONLY scenario I can come up with is when she used my groupon account to order something for herself. When she spoke on the phone with one of the representatives she demanded to know how they received her number and that she is a woman, the kids response was "I doubt that" and hung up. So due to to the lack of disrespect and the fact that I believe this is the exact definition of predatory lending I have decided out of principal I want to fight these guys.


Anyone have any success on fighting student loans with these dispute letters? If so, what are some tactics you used?

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First, is your "specialist" a mortgage broker?  Did he pull your actual FICO Mortgage Scores?  If not, your actual scores may be different.


Second, student loans in general have little effect on FICO Mortgage Scores.  Everybody has them these days and as long as you're paying them as agreed, they do not hurt.  That ITT thing may be a problem...I'm not sure it would show as an actual student loan.


As far as "lack of respect" goes, that's par for the course.  Collection agencies earn their keep by bullying people into doing things they might not have to. the electric bill.  What other derogs are on your reports?

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The score I received is one I got from As for my Federal Student Loans what I did with those is signed up for the IBR option which allows me to basically pay whatever I want per month and after 25 years its forgiven. The problem with the Private Loans is it doesn't offer that same option and its very high interest.


As for the electric bill should I do a pay for deletion and should I try to submit a DV first?

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