Hello Everyone !!! (Murph')

I have been checking site for a few days and it seems this moves pretty fast!! At first glance it seemed like dated info, but i guess not. Would have never thought I would need to research such a subject ,but i guess it's time.


Sorta new to the credit repair process (I AM) and as suggested i will tell my sad tale (short version) as of five years ago i was perfect credit as possible with having credit. At that point we (wife and I) decided to open a second biz ,mortgaged the ranch, and proceeded to believe we knew what we were doing.


Back to reality we went down in flames , filed bk7 as seemed like only option and then tried to save our home as it was secured for 2nd biz (which was sold ten cents on the dollar) bk filed in 4-00 and discharged in 10-00 so it is over three years gone, been able to save the house with high interest mortgage and then re-finance this year for lots of money in broker fees (I only trust the second broker) two charge cards that get paid off every month and the car lease that we kept (cards are new)



I never realized that you could challenge and cure credit scores, and I thought time would heal all wounds, I guess not. So as it goes we got the house down to 6 1/4% and used all the equity to repay secured first and second. Now that i am trying to get equipment for my small business I seem to be hitting brick walls with the lending institutions on anything commercial, If i wanted another car I could get it (premium) but still having problems.


Now after reading several sites I need/want to know where to start (all help appreciated) should i order books and read (If so who's) should I get my reports and do i need scores (or should i sign up for yearly monitoring from the get go) are all credit repair companies that bad I mean they do have cost to cover and this is my fault, or better to put my own efforts forth for my own concern, If ordering reports should i also takes care of the wife's, though she is a stay at home mom for awhile. I want to start with caution, then what is needed to do first. I will continue to read old post, but hoping none is dated.



Thanks for all that you do !!

Murph'

(I do Home Services, any questions about that fire away)

 

Thanks jaybee,
I have not recieved letters of turn down so I really don't know what companies they used. I don't know if i get free report or new report ,after i find out whats going on there, do i HAVE TO Keep purchasing new reports everytime i need to review stuff? Is there a better time to send the the validation letters, I mean like during the holidays??



Murph'

 

hmmmm..... that link didn't work. I should have stated the biz is me as I file as sole proprieter so that may be mute point. I guess i just need to subscribe to reports for a start, wonder if one is more thorough type than others, they seem to have the money coming from both directions now. As one post I read they want to keep scores down so more people will shop for rates and keep the cash flowing.


Murph'

(now my heds-a-spinnin')

 

ok thanks George and lbrown and IMM !!

I looked at all the links and absorbed what i could so far, wow!! these topics move fast and a variety of different subjects, I will research this some more and then pull my reports, do you have to pay everytime you look? seems like you may get free if as stated you were turned down, seems like the evidence may be for me to proove, probaly more calls dating back since spring, how long to start for disputing inq or old bk-charge offs, any magic time to where they lose the files.


Murph'

 

Re: Re: Re: Hello Everyone !!! (Murph')

thats ok,
I am a resident and citizen of PA state, i don't know what there rules are but i'll probaly buy into the monitoring service so that I can see results, (probaly feeding the beast) I dont want to get the rejection letters if they have chance of losing signed applications (authorize to pull credit) and if I want enq. taken off eventually!!


Thanks

 

ok I'm back,
I pulled credit for 1$ plus 10$ for scores:
eq .....559
exp,,,,611
tu,,,,,,613

seems like the only place not showing up is the bank that set me up for the fall, SBA loan with 2nd mtg. and very short term, thats a different story for later. here are some results that seem to be herting.


lots of inquiries from this year trying to get remortgage and truck purchased, seems they have up to 16 inq from two parties, can i do anything there?? I authorized like three of them, but they musta went nuts!!

I have a couple collections from 1999 for late charges with bell through collectech, what a pain these folks were.

I repo from chrysler in jan 2000 that was invol. after i caught up on the payments, they show a balance but were included in bk. hmmm!!

an installment loan that was paid last year for house is still showing lates from year 2001.

bank cards that record 150 days after bk, does not show bk but they were dismissed and show late after that, can those go away they say transferred.


discover card seems to not hold back, they closed the card at first signs of trouble in 1998 and had ligered till 2000 bk, until then i was making small payments, but if they go away it may better my score


a couple of my wifes cards showed up, but i do not feel i was co-appl, but just authorized user. that was bk as we did joint, but was not mine

on colection was company called I.C. systems unless it was att cell phone bill that is marked paid, I haven't a clue who this is.


one credit line showing 30-60-90 days late in 1999 that was bk, anyways to get rid of this. i traded the truck in and they were paid (sez so)

I had a sams club card that was bk with small balance, can this go away??


thats about the worse of the easy stuff, I am still very confused on step two, plus these reports do not have full account numbers with them (4588338xxxx) is what i am seeing, is this a ploy?/ any ways I want to be careful and thorough, should i buy books or just work it from this site?? thanks again !! truly grateful !!


Murph'

 

bumpity-bump

 

ok I read somewhere that it is ok to just use numbers with (xxxxx) at the end they will know anyways, i will get the phone and call for my reports I guess as per was turned down,


2nd step, (???) dispute the oldest as not mine, should i go after utilities first, or my wifes co from cc ??



Thanks (trying to be patient)

Murph'