I just want to run by my summary and see what you guys recommend I do. I hope this is ok... I will write notes on each account in CAPS after each. I realize this is a lot but I need to get these scores up.. Thanks SO MUCH for anyone that can help. Last couple years have been hectic with a couple moves (changes of addresses) starting a company, getting married etc etc. Credit Cards 1)Bank of America Limit-6,200 Balance- 5,900 Negatives 30 day late March 2007 30 day late July 2007 Bureaus- All 3 show the same info OBVIOUSLY I NEED TO PAY THIS DOWN AND POSSIBLY GET RID OF THE 30 DAY LATES.. 2) Capital One Limit 500 Balance 0 Negatives 30 day late April 2007 30-60-90 June-August TransUnion Experian Equifax - Past Due: $0 - High Balance: $608 $500 - Terms: - Limit: $500 - Payment: $0 - Opened: 08/19/1998 08/1998 - Reported: 07/05/2008 07/2008 - Responsibility: Individual Individual Late Payments (last 7 years): - - TransUnion Experian Equifax 30 days late: 2 1 60 days late: 1 1 90 days late: 1 1 NO EXPERIAN, GET RID OF THE 90 DAY LATE (CHANGE OF ADDRESS, AUTO PAY PROBLEM) DO I GET EXPERIAN TO REPORT THIS OR NOT? ALSO, NO LIMIT LISTED ON EQUIFAX 3) Orchard Bank Limit 400 Balance 0 No Lates TransUnion Experian Equifax - Past Due: $0 $0 - High Balance: $436 $436 $400 - Terms: - Limit: $400 $400 - Payment: $3 $3 $3 - Opened: 11/23/2003 11/2003 11/2003 - Reported: 07/01/2008 07/21/2008 07/2008 - Responsibility: Individual Individual Individual GOOD ACCOUNT NO LIMIT LISTED FROM EQUIFAX. 4) BP Amoco Limit- 325 Balance 0 Negatives 30 day late Sept 2006 30 day late Dec 2007 TransUnion Experian Equifax - Past Due: $0 $0 - High Balance: $382 $382 - Terms: - Limit: $325 $325 $325 - Payment: $2 $42 - Opened: 08/16/2005 08/2005 08/2005 - Reported: 07/01/2008 07/05/2008 07/2008 - Responsibility: Individual Individual Individual Late Payments (last 7 years): - - TransUnion Experian Equifax days late: 2 2 2 days late: 0 0 0 days late: 0 0 0 GET RID OF 30 DAY LATES... 3 credit cards that were closed in the past with no negs A)Auto Loan TransUnion Experian Equifax - Past Due: $0 - High Balance: $36935 $36935 - Terms: 72 months - Limit: - Payment: $661 $661 - Opened: 10/16/2006 10/2006 - Reported: 07/31/2008 07/2008 - Responsibility: Individual Individual - Late Payments (last 7 years): - - TransUnion Experian Equifax days late: 1 1 days late: 0 0 days late: 0 0 SHOULD I GET EXPERIAN TO REPORT THIS ACCOUNT?? 1 auto loan that was paid off in 2006 No negs MY SCORES ARE: TRANSUNION 662 EXPERIAN 631 EQUIFAX 636
Seems like you already know what to do...pay off the BoA account. The balance to limit ration is too high! You're too close to the credit limit. Pay at least half of it off. As for the lates you could try calling the creditors and ask if they could remove them.
Some creditors don't report to all three CRA's. Some people see that a baddie is only on one report, so they figure it must be a mistake. It's not, and the fact that it's only on one or two reports is not going to help you get rid of it.
Reporting is voluntary. Make sure your name is spelled correctly, and your address is up-to-date with all 3, and the same with the cards. Sometimes a mismatch will cause a card to not report.
