First off, I screwed up BAD! I know it was my fault, I over extended myself and then the charge offs happened. So far I have Amex charged off, Providian, and the rest late. Most of this happened back in 99 so I have been trying to fix this ever since. I still have yet to pay the balances of on these two charge off credit cards, and I was reading a post that says that I need to get a letter saying they will delete off my credit report once I pay them off. This was a very enlightening post and I think it is good advice. Here is my situation: 1 credit card with first national credit card 2500 dollar limit. Many times 30, 60, 90 days late and the balance is almost maxed out, but it has been current the last several months 1 credit card through plains that I have a 300 CL and I owe about 250 right now 1 revolving loan with MBNA with a limit of 3700, balance is around 2k but I am using a debt consolidation company with them, so they closed my account and I am paying the balance. I am currently at 6% but if I get rid of debt consolidation, my rate will go up to about 27% which ain't going to happen. In order to reopen my account, I have to get my credit pulled, so I don't know what to do here. I have student loans of 38k through Citi bank and I just consolidated so that my bill is about 216 a month for 20 years at 3% interest. I think this helps since it shows a high loan balance, but I am not sure. What should I do here? was consolidating a good idea? I signed up for direct debit which is lowering my interest rate .25 a percent. If I donâ??t miss any payments, they will lower my interest rate another .5 or 1 % as well (first 5 yrs or something) I have 7 incs on experian this year ->22 since 2/21/01 (HATE ASSET ACCEPTENCE!!) I have 6 incs on transunion this year -> 25 since 9/25/01 I have 28 incs on Equifax this year -> 28 going back to 04/02 (there were a bunch that werenâ??t â??hardâ? incs so maybe it is just 6 hard incs going back to 03/02 this one was confusing What do I need to do to fix this mess? I think I have explained the major issuesâ?¦ the other issues would be the 2 car loans I have; one I owe 6k on and the other is 14k (this one is 21.95% interest-> tried refinancing and the did not approve, with household and I have never been late in 1yr! the life of the loan!) So this is my crappy credit what do I do??? NEED SERIOUS HELP!! if you need any more info, feel free to email me your advice. My life sux until I get this squared away! Be sure to put creditnet in capitals in subject line so I don't delete. HELP! This was my original post... So far, I have had a few negatives removed. Still waiting on a judgement to come off of TU (came off of both others when stating not my account) TU is being a pain. How much should I expect my Fico to go up per month with no lates? Regarding the 2 charge offs. Should I just wait the 7 yrs for them to fall off? All advice welcomed.... Right now I am seriously considering BK. 1 year of crap instead of 7 years of pain. I know people that have higher scores than me after a yr 1/2 of BK then what I got, so why not?
