I disputed several accounts on transunion. They were a judgement and two included in bankruptcy accounts. The judgement was removed one of the bankruptcy accounts changed from being unrated to the status of 3/2003 payment after charge off/collection. The account is still listed as a chapter 7 bankruptcy. I also had two new cc accounts added to my report. Not to mention I had several inquiries removed from my report but they were more than 6 months old. I tried to improve my horrible score of 477 (tu score) and my score decreased to being (386). What is bringing my score down. How do I bring my scores up. I want to by a house in March and my repairs are seeming to hurt more than to help. Pleeeeeeeeeeease help me!
Congratulations, I think. That has to be a CNET all time low. I know that may be out of line, so please accept my apologies if you took that the wrong way. As far as your scores being that low, surely you have a lot of other info on your CR. Can you shed some light on your overall picture?
Same boat here. I had a unpaid C/O by sears from 1997 removed by equifax last week (used there online dispute form). Score on equifax was a 582 before removal and now it is 551. My Trans score is a 539 and Experian is a 685 and I am scared to dispute anything on those reports due to what happened with equifax..Need home by March as well. I do not have any late pays in the last 3 years but I am also at 72% of usage on my credit cards. So next month I will pay them off and according to the simulator on equifax my score would be anywhere from 631 to 697 so that is my plan of action. From what I have learned that sometimes removing an old tradeline hurts more than it helps because the age of your accounts has now decreased. Good luck with your situation and if you have any balances on credit cards just pay them off or down to 10% of your total limits ..Not a bankruptcy guru so I am sorry if none of this helps at all
LOL I get your point no offense taken. O.K. here's the deal. On my report I have a bankruptcy which was discharged in 06/03 (I know that has a great effect) There's a CAP 1 account with 120 days past due (but that was there when my score was at a low 477) although I do know that has a major part in my score, there is a collection record that is listed as bankruptcy/account closed by consumer the status as of 11/2002: Unrated. Another Collection record is listed as Chapter 7 bankruptcy and status as of 03/2003: Payment after charge off/collection from being listed as (unrated) Last but not least for adverse information, there is a student loan listed as closed due to transfer. Status as of 10/2001: Paid or paying as agreed, In prior 47 months from date closed 3 times 90+ days late and maximum delinquency of 90+ days occured in 03/1998. I must also mention that the credit cards that are now appearing are very very very low limits. They are both for the amount of $300 one card has a balance of $297 and the other card has a balance of $36. hope this sheds more light on the situation. Please help if you can! Thank you!
Yeah your right, that's my poa but my scores are in the high 300s to the low 400s and I am beginning to worry about have a middle score of 620 by March. That's only 4 months away from now. I won't even begin with experian. They are just completely stubborn. Experian just refuses to reinvestigate anything that I send them and my score with them is barely at 500. The only credit bureau I had any improvements with is Equifax which has a 576 fako score. I at least have some hope with equifax as to bringing my score up. My main problem with transunion is that I have 22 inquiries within the past 6 months and I can't get them removed. Removing the inquiries along with the poa you suggested, I should have better scores in no time. Transunion just refuses to remove any of my inquiries without a deletion letter from the company that pulled it.
I was just wondering if you pull your tranunion report before all of your accounts were reporting the bankruptcy discharged. That could be the major difference in your score versus having those items removed.
It could, and often does hurt a little in the short term, but for the long run you'll be better off. For instance, Citibank won't accept you if you've had any 90 day lates or chargeoffs in the last 3 years. Even with my scores where they are and a previous history with them, they won't approve a card for me right now. Scores aren't always the whole equation. So if there are any negatives, it's best in the long run to get them off, even if it does hurt a little short term.
Thanks for the info. I have been waiting for the last 3 years just patiently dealing with the likes of Cross Country Bank. 2 providian accts and 3 Household accts as well as 1 cap. In the last 2 years I consolidated the 3 household cards into 1 acct. And I have been paying them religously hoping some day I would actually be able to exchange these banks for the likes of Citibank, Chase and MBNA. And you know what. I am starting to get more offers from these banks in the mail. Citi sent me a pre approved loan for $3500 last month which I did not accept due to the fact that I am now married and need desperatly to buy a home. But I I was pleasantly surprised that after not pulling my credit bureau for 1 full year and just paying on time how my scores have increased and I believe the only reason why I am not at 650 on all of my bureaus is probably due to the balances on my credit cards. Suprisingly enough thru the help of planet feeddback Orchard gave me a fixed rate at 9.99 % last year and Cap 1 at 12.99. I will probably continue to do business with them even after I terminate relations wth the others.. Still cannot wait of the Citi AA invite
