i was discharged oct 29 2001, whats the next step?? i just ordered a credit report to see. i want to clean it up. any advice?????
My advice is that when you get your reports, post again with the specifics and we can then give good advice. In the meantime, if you don't have any creditcards, you might want to consider applying for a Capitalone card or a secured card to get you started with some good, positive credit.
The General method would be to... 1. Order all three reports. 1a. Read Creditnet daily 2. Dispute all accounts not listed as "Incorrect". "I don't have an account that I owe $???.?? with anybank." The should delete or come back as included in bankruptcy. Don't settle for anything else. 2a. Read Creditnet daily 3. Build a savings and emergency fund with all the extra $$. 3a. Read Creditnet daily 4. Get a couple of Secured cards with limits 1K plus. 4a. Read Creditnet daily 5. Wait for the offers to pour in. 5a. Read Creditnet daily 6. Try periodically to dispute things that may come off. 7. Did I mention to Read Creditnet daily. The beauty of reading here is you can see what you would be qualified for based on other's experience.
I have been reading and reading. so much information on this site. i had no clue. i can't wait to get my credit report that i mailed for. now i need to know what the 500, 600, 700, 800 clubs are all about.
500 club no-so great, too many "BADDIES" but it's EXCELLENT compared to 300 club... 600-700 club very few "BADDIES" or NONE...pay on time for the most part...DEBT TO CREDIT LIMIT RATIO NOT TOO HIGH... 800-850 UNOBTAINABLE??? https://www.econsumer.equifax.com/webapp/ConsumerProducts/pgConsumerProducts? $12.95 for instant F.I.C.O. score and report...
What do i do here??? "Privacy and Opt Out Notices. We understand your desire to know how YOUR information will be used AND in our Privacy and Opt Out Notices we describe how we, the Suppliers will collect, use and maintain your information. By clicking below you may exercise your right to instruct us not to provide your non-public personal information to non-affiliated third parties, except as permitted by law." do i check the box??? I choose to opt out.
FICO® Score Analysis February 24, 2002 Credit score: 546 Source of score: Equifax (BEACON®) Reason codes: 38 20 34 13 there is some accounts that i included in my bk 7 that read, Installment CHARGE-OFF. if fact there is afew of them like that.
At this point don't OPT out. It's stops you from receiving offers. You want offers, especially the ones that preselect. Alot of people choose to OPT out to stop the offers and the telemarketers. We BK7er's need them.
I NEVER WOULD OPT-OUT...I WANT TO "OPT-IN" FOR MORE...all I get is the $72.00 GOLD card (up to $3,250) from CAPITAL ONE!!! I can't even get AMEX PLATINUM CASH BACK CARD "PRE-APPROVED"...DENIED It was even "INCOME EXEMPT"...
