i have taken almost two years and i have repaired the majority on my credit. i settled 4 of the 5 accounts that were chargeoffs and paid them. i have one more account that is being paid off with a collection agency now. my fico last year was 564 now it is 568. what was the point of paying the things if my score is not going to change? all of these account are over 4 years old with no late payments in the last 3-4 years. please adivse. also, what are my chances of getting a mortgage with $8k down in august. i live in nj.
You didn't repair anything. All you did was reward them for screwing your credit. You made the same mistake I've seen manny many folks make. You thought or assumed you could pay things and they would go away. That will not work. You can't just buy your out of negitave items on your reports .
*****NEW MEMBER MUST READS*****2-29-2004 What is Validation What is Validation http://consumers.creditnet.com/stra....php?s=&threadid=42188&highlight= validation *** Victims of Credit Reporting *** http://members.aol.com/victcrdrpt/Score.html RULE of 72 http://consumers.creditnet.com/stra...=&threadid=39313&highlight=rule+AND+of+AND+72 Must SEE--------------------------- http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&postid=350770#post350770 http://consumers.creditnet.com/stra...rd/showthread.php?s=&postid=352826#post352826 """""""""""""""""""""""""""""""""" FixYourOwnCredit! http://consumers.creditnet.com/stra...848&highlight=fix+AND+your+AND+own+AND+credit """"""""""""""""""""""""""""""""""""""""""" '''''''''' `````````` '''''''''' Sample letters http://consumers.creditnet.com/straighttalk/board/forumdisplay.php?s=&forumid=25 Why Chats site http://community-2.webtv.net/Y-chat/WhyChatsCredit/ S.O.L. SITE http://community-2.webtv.net/YCHANGE/STORAGE/page16.html ><- <>- ><- <> ~~~ ><- <>- ><- <> ><- <>- ><- <> ~ ~ ~ ><- <>- ><- <>
I have nothing open now. I had a verizon account which justs show "paid". So I guess that is good. But I have be unable to rebuild my credit because I keep getting denied.
That, more than anything else is holding you back. You haven't established your renewed ability to be a good credit risk. You may have to attempt to open a secured card to get you on track...Search here, as there are several good ones that won't report secured. Also, I have heard Chevron has a "credit rebuilder" type card, search around here on that too. Good luck!
