FIXING MY CREDIT

[Mr.TxHustla]

i have to credit cards that i owe since like 2003...

both under 2k...should i try and settle with them or let more time pass.Ive gotten all kinds of advice...let it burn out,settle..dispute it and see if they take it off if they dont respond or something like that..

One person told me they will never come off as long as a new collection agency picks up the tab..can i get some info on this..

and also how big of a jump will this help my credit score..these are the only 2 things i have on my credit report..

[Hatemy7]

well if you settle its still not going to help it out much, you should pay the balance in full, it would show as you were late paying but the balance is paid, i used to be a collections manager

[Brooklyn]

Don't let it burn, when you least expect it...it will bite you in the ass.

Some financial institutions have strict underwriting procedures and decline your ass with the quickness if you had a charge off from 7yrs ago, lol. No Joke.

I would contact the collection agencies and work with them. Trust me, alot of poeple are not aware that they are will to work with you to get the debt paid.

After thats been paid, I would jump on a secured credit card to reestablish your credit or to get it going again.

[RaCinStylez]

If those collections have been on your credit for more than 3-4yrs its no point in paying them off as they are not going to help your credit any. You are just going to have to wait the 7 years before its removed from your credit file.

[Gunz4Sale]

See if they will accept a pay for delete

[Gunz4Sale]

I have like 20 sample credit and collections and credit burearu letters. Ive used them and have had success with them.

[devilmaycry]

Wow, this is a good subforum. I too have the same problem, I messed up my credit when I was 18. It should be less than 2k, but its not just credit cards, it cable company, and various things. Does consolidation help?

[Narcissistic]

in a lot of cases you need collateral for consolidation. like a car you get a loan on and pay off all your debt with said loan. then pay the loan.

[Kohinoor]

did you just not pay them?

[devilmaycry]

did you just not pay them?

Yes :( I admit I was young and stupid.

[SUSPENCE]

i had a credit card my senior year in high school through Capital One with a limit of $500 and maxed it out faster then i could pay it and i tried to just forget about it but then a year or two later it built up to like almost $900 so i finally called the collections and they settled for $475!! im still shocked it was that low but thats all they asked me to pay to settle so i did. but i think my credit is still screwed up from that lol dont let it burn...call and they will work with you.

[Mr.TxHustla]

well if you settle its still not going to help it out much, you should pay the balance in full, it would show as you were late paying but the balance is paid, i used to be a collections manager

paying late? those cards were closed in like 2003

If those collections have been on your credit for more than 3-4yrs its no point in paying them off as they are not going to help your credit any. You are just going to have to wait the 7 years before its removed from your credit file.

see thats what i was doing (waiting 7 years) but someone else said if another collections bought the debt that the 7 years starts over again.Is this true or what?

See if they will accept a pay for delete

pay for delete..whats that?

did you just not pay them?

i did pay them both..both for several months..then i hit a patch of bad luck and ended moving from place to place for awhile and everything fell apart..

[Mr.TxHustla]

i had a credit card my senior year in high school through Capital One with a limit of $500 and maxed it out faster then i could pay it and i tried to just forget about it but then a year or two later it built up to like almost $900 so i finally called the collections and they settled for $475!! im still shocked it was that low but thats all they asked me to pay to settle so i did. but i think my credit is still screwed up from that lol dont let it burn...call and they will work with you.

thats the same one i had!!! i was 18..they gave me 500 from capitol one...now im still getting letters talkin about settling for 1600!! thats fucking triple the actual cash i used..

[Gunz4Sale]

pay for delete is you pay them some amt u can negotiate and they delete the tradeline. Some companies do it, some dont

[lIl CiViC lIl]

thats the same one i had!!! i was 18..they gave me 500 from capitol one...now im still getting letters talkin about settling for 1600!! thats fucking triple the actual cash i used..
same here.. i just wated the 7 years :dunno: It should be off.. im wating on my report to come in as i type...

[SUSPENCE]

oh god! 1600?!?! damn well the best thing is to probably call and see what they will settle for because if, which im sure it is, through the same collection then they are cool and they will even work on a payment plan with you or they discuss with you a date that you will be able to pay the full settlement. im sure it will be settled for quit a bit less then 1600

[syntheticGT]

1 - take your highest balance/interest card and pay it off as fast as you can.
2 - pay minimum on others till #1 is paid.
3 - take the money from paid card and dump it into #2 balance/interest card.
4 - wash/rinse/repeat

[Mr.TxHustla]

1 - take your highest balance/interest card and pay it off as fast as you can.
2 - pay minimum on others till #1 is paid.
3 - take the money from paid card and dump it into #2 balance/interest card.
4 - wash/rinse/repeat

these are old credit cards that expired years ago.

[syntheticGT]

these are old credit cards that expired years ago.

Are you not making payments on them at all?

:weirdo:

It shouldnt matter if they are expired...you should still be making payments on them.

[AmginE]

LOL when i saw the title i thought trill made this thread!

[Dirty3rd]

oh god! 1600?!?! damn well the best thing is to probably call and see what they will settle for because if, which im sure it is, through the same collection then they are cool and they will even work on a payment plan with you or they discuss with you a date that you will be able to pay the full settlement. im sure it will be settled for quit a bit less then 1600

does interest still build up or it stops at a certain point?

[Mr.TxHustla]

Are you not making payments on them at all?

:weirdo:

It shouldnt matter if they are expired...you should still be making payments on them.

wtf...i stopped paying on them years ago..i ended up on the street and couldnt do anything about it..so what do u think i should be doing now.

[syntheticGT]

wtf...i stopped paying on them years ago..i ended up on the street and couldnt do anything about it..so what do u think i should be doing now.

You need to start making payments on them at the very least. You cant just let them sit there for long periods of time.

[SUSPENCE]

does interest still build up or it stops at a certain point?

im not 100% sure but I think after its turned to collections it ceases and they just hit you with different fees after certain periods of time. i say that because i know the interest was high as hell yet after 2 years of ignoring it, it only climbed to $900. but like i said, im 100% sure on that

[Dirty3rd]

when you start a payment plan for old credit cards do they still charge interest or is that the set amount that you have to pay back?

[Dopavash]

How bout this:

No one will give me a credit card, not even capitol one. The only credit history I have is from a Best Buy card that I missed a few months one a year or two ago. How do I go about fixing my credit? I want to have a few cards for just in case purposes (I don't have a problem with spending) but no one will give me anything.

[SUSPENCE]

How bout this:

No one will give me a credit card, not even capitol one. The only credit history I have is from a Best Buy card that I missed a few months one a year or two ago. How do I go about fixing my credit? I want to have a few cards for just in case purposes (I don't have a problem with spending) but no one will give me anything.

thats my problem now...i cant get approved for shit! :(

[Strife]

I have some pretty bad credit myself, but to my knowledge its cleared off in 7 years, but if you make payments again its 7 years from your most recent payment, correct?

I have been able to get approved for things though. I've been approved for 4 cars, 3 credit cards, and like 4 installment accounts, nothing is sub prime either. They were all things my credit was good enough for. As far as approved for an apartment that still is to come, wonder if I should worry or if I will get approved at all.

[winc281]

Start trying to pay them....even if its just a little at a time. I think since its been such a long time your best bet would be to pay one off completely then do the other.

[Brooklyn]

How bout this:

No one will give me a credit card, not even capitol one. The only credit history I have is from a Best Buy card that I missed a few months one a year or two ago. How do I go about fixing my credit? I want to have a few cards for just in case purposes (I don't have a problem with spending) but no one will give me anything.

Apply for a secured creditcard.

How it works:

You give us $300, we'll send you a creditcard for $300.

You spend, pay back like any other cc..

It's $18 a year and yes the rate sucks. After a yes of doing good, you could try to get a regular cc.

Introductory Annual Percentage Rate (APR):

5.90% for the first 6 billing periods the account is open on purchases and balance transfers.

After 6 Months: Purchases Variable APR: Index Rate + 13.24%, minimum 17.99%.

[winc281]

How bout this:

No one will give me a credit card, not even capitol one. The only credit history I have is from a Best Buy card that I missed a few months one a year or two ago. How do I go about fixing my credit? I want to have a few cards for just in case purposes (I don't have a problem with spending) but no one will give me anything.

Go to BofA and get a secured credit card. You open a savings acct or whatever that you can't withdrawal money from. Whatever you have in your acct is your limit on your card.

[Brooklyn]

BofA charges $29 for the secured card.

[winc281]

d/k I just know the offer secure cards..just offered as a suggestion to get him started

[Sweet_RSX]

see thats what i was doing (waiting 7 years) but someone else said if another collections bought the debt that the 7 years starts over again.Is this true or what?

I've asked myself the same question. I had my credit cleaned up a couple of years ago and alot of the debts that I had were taken off my credit. Although they were debts from YEARS ago!!! (more than 7 years) I had to run my credit a few months ago and noticed alot of the old debts that were off my credit are back.

[Dopavash]

Apply for a secured creditcard.

How it works:

You give us $300, we'll send you a creditcard for $300.

You spend, pay back like any other cc..

It's $18 a year and yes the rate sucks. After a yes of doing good, you could try to get a regular cc.

Introductory Annual Percentage Rate (APR):

5.90% for the first 6 billing periods the account is open on purchases and balance transfers.

After 6 Months: Purchases Variable APR: Index Rate + 13.24%, minimum 17.99%.

I'm guessing that's meant to be a year.

What bank do you work at? The entire reason I want a card is just to build credit so when I go to get a new car I can without problem. If I buy and pay off every month I don't accrue any interest right? I'm such a noob to all this.

[winc281]

correct you dont accrue any interest if you pay your balance in full each month...Ive heard though that its better for your credit if you do keep a balance on your card just not a high one and you make on time payments each month

[Dopavash]

correct you dont accrue any interest if you pay your balance in full each month...Ive heard though that its better for your credit if you do keep a balance on your card just not a high one and you make on time payments each month

I've heard quite the opposite from many different people.

[winc281]

about the revolving balance?? Ive heard a lot of different opinions on that too but more on keeping at least a small balance

[crunK]

I'm guessing that's meant to be a year.

What bank do you work at? The entire reason I want a card is just to build credit so when I go to get a new car I can without problem. If I buy and pay off every month I don't accrue any interest right? I'm such a noob to all this.

When you get into the habit of paying your credit cards off and establishing good credit try and apply for a American Express credit card, my god it's the best credit card you can get, no interest rate, you pay it off that month whatever you spend, and best of all no spending limit and so many protection plans on the card. Amex really helps build your credit fast! :bowdown:

[Kohinoor]

American Express credit card, my god it's the best credit card you can get, no interest rate, you pay it off that month whatever you spend, and best of all no spending limit and so many protection plans on the card. Amex really helps build your credit fast! :bowdown:


:really?:

[Dopavash]

When you get into the habit of paying your credit cards off and establishing good credit try and apply for a American Express credit card, my god it's the best credit card you can get, no interest rate, you pay it off that month whatever you spend, and best of all no spending limit and so many protection plans on the card. Amex really helps build your credit fast! :bowdown:

I've only had a problem with not paying a credit card once and it was for like two months. So really I've never had that problem, mainly cause NO ONE WILL GIVE ME ANY FUCKING ROPE TO HANG MYSELF WITH. :mad:

[knightjustice]

lawl. take mine. its only -500.

course its in my name...

[Slim ThuG]

well if you settle its still not going to help it out much, you should pay the balance in full, it would show as you were late paying but the balance is paid,

[PIYF]

Even applying for credit can hurt it. And if you were young and didn't pay off a credit card or loan. You can be a stand up person and try to pay it off. Just get a free credit report and all the numbers for all your accounts on it will be on there at the end of it so you can call and ask how to pay it off.

But if it's something real old say like 5 yrs. And you can't or don't want to pay it off. (According to the FCR Act Section 605 a debt can remain on a credit report for 7 years and 180 days after the delinquency that caused the account to go bad.) and wants that time has past then write or go to one of the 3 major credit reporting agencies and tell them to remove it. Just go to one of them because if they change it they have to report there findings to the other 2 agencies.

The only thing that won't be removed is good credit history.


You should always get your credit report once a year atleast. I ran mine and I have my brothers credit history on mine too.

[PIYF]

I've only had a problem with not paying a credit card once and it was for like two months. So really I've never had that problem, mainly cause NO ONE WILL GIVE ME ANY FUCKING ROPE TO HANG MYSELF WITH. :mad:


Do you have a job? When I was 18 I couldn't stop getting credit cards.

[Dopavash]

Do you have a job? When I was 18 I couldn't stop getting credit cards.

I've had a job since 3 days after I was 16. I make decent money, and, since I got my DBA, People send me credit card offers daily. Problem is, none of them are pre-approved and no one will approve me for one. I haven't applied for many, just one or two, but like I said, even Capitol one won't give me shit.

[holman_00]

I've had a job since 3 days after I was 16. I make decent money, and, since I got my DBA, People send me credit card offers daily. Problem is, none of them are pre-approved and no one will approve me for one. I haven't applied for many, just one or two, but like I said, even Capitol one won't give me shit.

that sucks

[Vick_]

can someone please post that free credit report link that you get once a year?

[Gunz4Sale]

www.annualcreditreport.com

[Vick_]

Most negative credit information must be removed from your credit bureau files after 7 years. Exceptions to this include bankruptcy, which can continue to appear on credit reports for up to 10 years. Inquiries remain for 2 years and paid off accounts without negative information remain for up to 10 years. Removal of old credit information can either raise or lower your scores depending on whether the information was negative or positive.

[Gunz4Sale]

Yall should really try getting shit deleted instead of paying at 1st. A lot of times you can get a collection agency or credit bureau to delete shit based on procedural errors. If they break any facet of the law thats grounds for a deletion. In the case with collection agencies most times they dont have any thing with a signature on it from you, if you send them a validation letter and they don't have any info on you guess what? They gotta delete it and send it back to the original creditor. If you want to pay it go ahead but there are other means to deal with negative credit items.

[Din]

http://www.helpmycreditnow.com/welcome.htm

[CrzyS4]

Never let it burn out. These affect your credit history for 5-7 years. It's better if you pay monthly. Once you have collection under your ass, it cause a havoc to your credit.

Like I said, US rely on your credit. Unless you're a super ballar, you don't give a shit about credit.

[Mr.TxHustla]

well if you settle its still not going to help it out much, you should pay the balance in full, it would show as you were late paying but the balance is paid, i used to be a collections manager

If those collections have been on your credit for more than 3-4yrs its no point in paying them off as they are not going to help your credit any. You are just going to have to wait the 7 years before its removed from your credit file.

See if they will accept a pay for delete



Yall should really try getting shit deleted instead of paying at 1st. A lot of times you can get a collection agency or credit bureau to delete shit based on procedural errors. If they break any facet of the law thats grounds for a deletion. In the case with collection agencies most times they dont have any thing with a signature on it from you, if you send them a validation letter and they don't have any info on you guess what? They gotta delete it and send it back to the original creditor. If you want to pay it go ahead but there are other means to deal with negative credit items.


So im still getting all kinds of answers...is there no credit guru in here that can explain the options and what it will do!!

[syntheticGT]

Bottom line:
There is a major delinquency and open balance that you are not paying on sitting on your credit report. No matter what you do its going to take 5-7 years to come off.

You need to get it gone. Whether you pay in full or settle with them. You need to get it paid for one way or another.

[Gunz4Sale]

So im still getting all kinds of answers...is there no credit guru in here that can explain the options and what it will do!!

I'm just of the opinion that paying an old debt is the last option, I'd rather get them on an FCRA violation then pony up dough. But it depends on what your situation is and how soon you're trying to get this taken care of etc.

[Dopavash]

So im still getting all kinds of answers...is there no credit guru in here that can explain the options and what it will do!!

Best option: Spend all your money on Lottery Tickets. WRD.

[Prissy]

I had the same problem before with things sitting on my credit report so I ran my report and disputed everything that I felt should have been deleted.

Almost all of the companies wrote off my debt and 90% are now removed from my report. My credit jumped up high enough for me to get a car loan approved.

When applying for credit, think wisely. When I was shopping for my car, almost every place I went to ran my credit and my score dropped 30-50 points.

If you owe them under 2k, try and pay it off. My bf had an old school loan that he owed and he put off so long that it bit him in the ass; the government garnished his tax return. Now that he's paying off on it, $100/month, after 6 months of paying he's back on good terms with them and they took it off his credit report.

There are ways for you to work with all these collection agencies after your money. My best advice is if you are struggling financially to try and do it one debt at a time.

[SouthernSentra]

good thread folks.

[the days expire]

Yall should really try getting shit deleted instead of paying at 1st. A lot of times you can get a collection agency or credit bureau to delete shit based on procedural errors. If they break any facet of the law thats grounds for a deletion. In the case with collection agencies most times they dont have any thing with a signature on it from you, if you send them a validation letter and they don't have any info on you guess what? They gotta delete it and send it back to the original creditor. If you want to pay it go ahead but there are other means to deal with negative credit items.

I need to do this with the ONE BAD thing on my credit from fucking Time Warner. I cancelled my account like 3 years ago, paid off the balance, returned the boxes, everything. I got them to fax me a copy of my bill stating that I paid off my balance in FULL and the account was CANCELLED.

They kept calling saying I needed to pay off, get this, at first it was $50 something bucks, then $100, then down to like $20, then they went up to $300 something dollars. I was like, are you kidding me? Then they send me a letter saying I owe them $0.00. Like a dumbass, I ignored all of it and was like, I paid that shit.

Now, recently, they've gone to collections and have been sending me bills. AGAIN. This time for obscene amounts. Almost $1000.

Where do I send my paperwork that states that I paid them off in FULL and I don't owe them shit??

[Prissy]

You should call the collections agency and dispute it with them first. They should also have an address in the letters that say if you feel this debt is a mistake please contact us at or write the credit bureaus and attach the copies of supporting documents showing you do not owe Time Warner anything.

[djsony]

Here's my two cents (personal experience):

This will probably answer your questions. Okay...i was delinquent on 10k in credit cards....long personal story as to why but whatever...shit happens. Now...this was back in 1999-2000. Well, in 2004-05 i decided...okay time to start fixing shit. Well, as i found out...shit gets taken off your report 7 years later. I heard about the companies buying your debt back and forth and that restarts your shit. To be honest, I chose this route. TO NOT DO ANYTHING. This is why...i figured..2 more years and i'd have an answer if that was the case regardless. Now, i DID decide to help my credit at the same time. I bought a car. Noone would give me a loan BUT....i had good regulars (bartender) who basically found me a loan for a car and so that's what i did. Now, i got my ass handed to me in the loan ($10,000 at 18%) but i didn't care....i made the payments for two years....square and voila....good credit. My credit jumped 155 points in two years....from a 505 to 645-675 depending on reporting agency. I'm pretty proud of that myself.

Okay, to answer your question as far as bad stuff on my credit report. It disappeared. 7 years went by and it's gone. Huge boulder off my shoulders. I will say this though....i did'nt like myself too much b/c i hhonestly did wanna pay off that shit....but enough is enough. Move on with life if you can....and basically at 5 years...u pay it off or settle....u start a whole new 7 years with that scratch (its a scratch on ur shit already and it won't get better so may as well realize that). My choice....see if it's gone....and it was.

So there goes. I just got approved for a credit card with 4000 on it late last year...so i'm on the right track. You can too...just gonna take a while, but see what you can do about building ur credit back up as well. Secured for sure or some sort of loan (vehicle most likely).

good luck

[ninjapleazee]

now a days companies check credit and driving records before hiring.

[Mr.TxHustla]

Here's my two cents (personal experience):

This will probably answer your questions. Okay...i was delinquent on 10k in credit cards....long personal story as to why but whatever...shit happens. Now...this was back in 1999-2000. Well, in 2004-05 i decided...okay time to start fixing shit. Well, as i found out...shit gets taken off your report 7 years later. I heard about the companies buying your debt back and forth and that restarts your shit. To be honest, I chose this route. TO NOT DO ANYTHING. This is why...i figured..2 more years and i'd have an answer if that was the case regardless. Now, i DID decide to help my credit at the same time. I bought a car. Noone would give me a loan BUT....i had good regulars (bartender) who basically found me a loan for a car and so that's what i did. Now, i got my ass handed to me in the loan ($10,000 at 18%) but i didn't care....i made the payments for two years....square and voila....good credit. My credit jumped 155 points in two years....from a 505 to 645-675 depending on reporting agency. I'm pretty proud of that myself.

Okay, to answer your question as far as bad stuff on my credit report. It disappeared. 7 years went by and it's gone. Huge boulder off my shoulders. I will say this though....i did'nt like myself too much b/c i hhonestly did wanna pay off that shit....but enough is enough. Move on with life if you can....and basically at 5 years...u pay it off or settle....u start a whole new 7 years with that scratch (its a scratch on ur shit already and it won't get better so may as well realize that). My choice....see if it's gone....and it was.

So there goes. I just got approved for a credit card with 4000 on it late last year...so i'm on the right track. You can too...just gonna take a while, but see what you can do about building ur credit back up as well. Secured for sure or some sort of loan (vehicle most likely).

good luck

This is what im doing! im getting a new car and the loans arent coming in or too high interest..but the saleslady was like if another agency buys ur debt it restarts the 7 years...i need like 1 or 2 more years for it to reach 7 years...i think im gonna wait and see...i can still get a car with a low interest rate with a co signer and im not looking to buy a house for another 2 years anyway...so i guess we'll just see what happens..

[Euphoric]

http://www.lexingtonlaw.com/

^ they helped out a few friends of mine. You pay monthly and they dispute your negatives and get them removed. They got charge offs, liens and some late payment reports removed.

[Ponch]

Negatives fall of credit reports 7 years and 180 days from the date of default. Paying or the debt being sold does NOT restart the reporting period. If you have older items on your credit report, file a dispute with the credit bureau that the item is beyond the 7 year reporting period. Keep mind that some items that come from public records, like judgments and liens, stay for 10 years and some of these things can be renewed.

[Gunz4Sale]

I got 2 more deletions today, score jumped 40 pts in 6 weeks.

[EG6]

http://www.lexingtonlaw.com/

^ they helped out a few friends of mine. You pay monthly and they dispute your negatives and get them removed. They got charge offs, liens and some late payment reports removed.

they have 3 choice of payment which one did they pick?

[tuanieee]

so how do i check my actual score... i dont need to know the reports on what i have on credit... i would like the actual 3 digit score??? any help

[PIYF]

so how do i check my actual score... i dont need to know the reports on what i have on credit... i would like the actual 3 digit score??? any help

You should get a score with a free credit report.

[tuanieee]

i couldnt verify enough info on experian... the others i just got credit reports... but no score?

[Gunz4Sale]

With an annual credit report you DO NOT get your score. You have to PAY for it from each company. Sometimes they have a package like 19.99 for all 3 or something like that. Scores aren't even given to credit bureau employees that make them pay for them also.

[Gunz4Sale]

they have 3 choice of payment which one did they pick?

Lexington sux, I've used them in the past. If you have time do it yourself, but if you don't then they're ok I suppose. I've personally had more success doing it myself. 40 pt score boost in 6 weeks ain't bad and this is only working on it 1-2 hrs a week.

[crunK]

try not checking your credit score often, checking your credit score WILL hurt your credit.

:really?:

amex is amazing...lets say i bought something at a store and didn't like it after 30 days, i take it back to the store for a refund and they refuse to give me a refund, i call amex and tell them and they refund me the full amount. so many other protection plans, go to their website...it's greatttttttt.

[crunK]

you should try to call the credit card companies and work something out so you can pay them off like lower the interest rate or something, either that or just wait it out and have them give you a offer and lower the debt for you.

[PIYF]

try not checking your credit score often, checking your credit score WILL hurt your credit.






:wtf:

[Gunz4Sale]

try not checking your credit score often, checking your credit score WILL hurt your credit.



amex is amazing...lets say i bought something at a store and didn't like it after 30 days, i take it back to the store for a refund and they refuse to give me a refund, i call amex and tell them and they refund me the full amount. so many other protection plans, go to their website...it's greatttttttt.

It depends on how you're checking it, it can either be a soft pull or a hard pull.

[EG6]

Lexington sux, I've used them in the past. If you have time do it yourself, but if you don't then they're ok I suppose. I've personally had more success doing it myself. 40 pt score boost in 6 weeks ain't bad and this is only working on it 1-2 hrs a week.

how can you do it yourself?

[Gunz4Sale]

how can you do it yourself?

Disputes with the Credit Bureaus, and send validation letters to people who report negatively. The thing with credit is if you dispute validity of a debt with someone the burden of proof is on them. It can be a legit debt that you owe, but if they cant provide proof it comes off. Like i have this validation letter I use, it disputes the validity of the debt and has a form that requests like 15 different pieces of proof, in my experience with using it I usually A. Don't get a response(grounds for deletion) or B. They don't respond in full(potential grounds for deletion).

With sending letters to the burerus I try and get them on an FCRA violation, like if they report a balance wrong, or don't respond to dispute letters in time those are both grounds for deletes as well. If you want pm me an email address and Ill shoot u some sample letters that I use. I can't promise they'll work for you but if you stay at it you should see results. The key is DON'T TAKE NO FOR AN ANSWER and keep at it, it may take 3-4 months to start seeing deletions.

[cent]

I've got a question. What if you have a judgement on your credit report. For example: In 2001 I was sued for x amount of money. I paid the amount in full. It does show up that the debt has been paid, but that still hurts me when trying to get approved for credit. How long will that stay on my report? How much does it affect my credit? Is there anyway to get if off?

[Dirty3rd]

http://www.lexingtonlaw.com/

^ they helped out a few friends of mine. You pay monthly and they dispute your negatives and get them removed. They got charge offs, liens and some late payment reports removed.


i seen an ad at the mall about for this company which is free that will help remove disputes, late fees etc... also one of my friends told me about this one place that is free.. what is the difference between those and lexingtonlaw?

[axio]

Oh god, so much bad information.

Generally things are deleted from your credit history after 7 years. One of the ways it won't be deleted is if there is an investigation pending on it or you file a dispute. A lot of smaller collection agencies will file bogus pending investigations to "hold" debt in their favor (it is illegal, btw, to do that).

I would suggest getting either a short term loan or another credit card with a low intro apr and using both to pay down your newest card. Start tiering them and you'll rebuild your credit and pay them off also.

[RinasDaddy]

in for info

[Ari Gold]

Disputes with the Credit Bureaus, and send validation letters to people who report negatively. The thing with credit is if you dispute validity of a debt with someone the burden of proof is on them. It can be a legit debt that you owe, but if they cant provide proof it comes off. Like i have this validation letter I use, it disputes the validity of the debt and has a form that requests like 15 different pieces of proof, in my experience with using it I usually A. Don't get a response(grounds for deletion) or B. They don't respond in full(potential grounds for deletion).

With sending letters to the burerus I try and get them on an FCRA violation, like if they report a balance wrong, or don't respond to dispute letters in time those are both grounds for deletes as well. If you want pm me an email address and Ill shoot u some sample letters that I use. I can't promise they'll work for you but if you stay at it you should see results. The key is DON'T TAKE NO FOR AN ANSWER and keep at it, it may take 3-4 months to start seeing deletions.


PM SENT