stuck

Discussion in 'Credit Talk' started by phxbbw6ft1, Aug 26, 2002.

  1. phxbbw6ft1

    phxbbw6ft1 Well-Known Member

    I've done alot with my credit....lots of things are gone....I still have about 4 derogs on each report ( the same ones) They won't come off......Wells fargo even verified theirs. My total is less than $1500......should I Just pay? I want a house so bad. This has taken forever. I need more points. I'm not even in the 500's..... I can't even get a store card. They say I don't have a history of paying. I've never taken out a loan or bought a car. I really have now is a capital one card with a $300 limit that I've been in good standing with for about 4 months........Any suggestions???
     
  2. dogman

    dogman Well-Known Member

    Hi phx....
    IF you can, pay the $1500 off to the creditors - ONLY for a "PAID AS AGREED" designation - or drop it off your report altogether.

    When you contact the creditors, ASK them for help - because you screwed up in the past - and now you want to make it right.

    You could also get a secured card -
    www.aboc.com
    offers a great card.

    best - dogman
     
  3. scout

    scout Well-Known Member

    What do you have with Wells Fargo? A charge-off?

    I have one Charge-off with them (my only serious derog left) that I'm currently trying to negotiate. I sent them two letters already, offering to pay, etc. Haven't heard anything.

    Its pretty weird, I'm pursueing the CA in order to pay them and they won't contact me!
     
  4. phxbbw6ft1

    phxbbw6ft1 Well-Known Member

    I have two derogs ( two credit cards i got with first interstate bank....wells fargo bought them out 3 years after) I was 18......so this as about 7 years ago ( scheduled to fall off 10/2003)

    I disputed...round one they didnt even reply to me.....round two letters....they sent me a copy of the first interstate brochure i filled out to apply for the cards.....i was shocked. i had no idea they'd still have that.
     
  5. dogman

    dogman Well-Known Member

    A Copy of the original First Interstate application?
    AMAZING---

    I remember that bank - they had branches all over CAL - and some other states. I remember when their LA Headquarters building had a fire about 40 floors up.....


    aarfff - dogman
     
  6. phxbbw6ft1

    phxbbw6ft1 Well-Known Member

    yes, they sent me a copy of my original application...i was totally blown away, lol! I would have bet they wouldn't have ever kept that.



    any ideas?
     

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