I am, I guess an old newbie, joined years ago.Fixed credit ,messed up credit and now back to boost my score by 30+ points...Here is the issue Fico, TU:584 EXP: 592 EQU: 614. I need to have 2 scores above 600 to qualify for an FHA loan in about 3 months. I had my score up to 661,612,606. I paid off almost all debt, I owe 3% of my income, 97% available for debt service. I rehabed a student loan that NEVER showed on any of my credit reports. CA Ed said they would rehab and I have been making payments since Aug 2010.They then report it on all bureaus in the November, they did under 4 DIFFERENT trade lines.They all show collection with NO repayment even though I have paid for the last 6 months.They also sent me a letter Dec 7th showing $ amount and my payments as one account. I have tried to validate and THEY say it comes up verified. I have stated to the CRA that this is not being reported correctly and is causing me harm..... Any ideas? I used Lexington LAw for 6 months and had 0 sucess with these items..
Welcome back. How many different CAs have handled this student loan debt in the past? Are all 4 negative entries coming from the same CA? If so, I would work directly with them to make sure it's being reported correctly to the CRAs.
They posted to ALL 3 bureaus..AFTER I had started a payment plan for 3 months.They said it will report for another 6 months and be removed as I am doing a loan REHAB.I had one with DEPT of Ed that did come off as it was rehabed so I guess I will have to see...
Yes, it should all come off as long as you stay current through the Rehab. Come back and keep us posted though...it would be interesting to hear how long it takes them to update your reports and remove all the negative listings. Good luck!
