I am so angry that I can cry now! I ordered my free reports from all three yesterday. I chose my credit scores from EX (593/990-f grade) and Trans (602/990-d class) to pay. I'm flat, that my scores are so low because I was 7 negative items (all from cc companies) have. The large accounts (car, student loans, rent) are all (never too late to pay / agreed) perfect. My questions are:
rn
rn1). On personal opinion: I have noticed that there are many variations of the spelling of my name, some with my middle name. How have u listed all the names? Do you have first fully the middle of last . or first, middle initial, last? I noticed that an ex-boyfriend EX (wrong spelling) and his address listed as the spouse? Could this affect my low score?
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rn2). The 7 negative points are pretty bad (calculated from and / or collections). I thought about contacting them, pay them, but I do not see how this would benefit me at this point. Any tips?
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rn3). I noticed there are a number of inquiries on my report . somehow I can get rid of this?
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rn4). I want to buy a house before the end of this year, but I know the credit score will be a hurdle. Any helpful advice on how to achieve this objective would be welcome.
rn
rnVielen Thanks in advance for any info that is provided.
Best Answer: Nobody really knows how FICO stores are precisely calculated. Your scores are high enough to shop around. When you apply tell them your credit is in the 650's but don't let them pull it unless that is the lender you are going to use.
Reply:Bad news…I decided to order my real fico score from myfico.com. I couldn't take the suspense of not knowing my real scores, so I caved. I paid like 4$ for the quarterly monitoring service. Well to my surprise my score (TU) was a whopping 535…my fako was a 602
. I'm going to hold off on buying anymore scores for about 3 months. At least this lets me know where i really stand. The funny thing about it is that i'm feeling more empowered to get this thing to 620 and than over 700. I still want to get my house but I'm giving myself 1 yr to do this so I can get the over 700 APR. My questions are:
1). Secure Credit Cards- Do I get this now? Or wait till I see what comes back from my disputes. I really don't want one but will get it. What's a good starting balance? All my credit cards are worthless as of now. In fact one of the dings on my report was "None of your bank credit card accounts show a credit amount".
2). Can someone help me with this:
Balance:
$0
Date Updated:
05/2008
High Balance:
$478
Credit Limit:
$0
Past Due:
$0
Pay Status:
>Charged Off as Bad Debt<
Account Type:
Revolving Account
Responsibility:
Individual Account
Date Opened:
10/2006
Date Closed:
09/2007
Date Paid:
04/2007
Loan Type: Credit Card
Remark:
Purchased by another lender
Estimated date that this item will be removed: 03/2014
$0
Date Updated:
12/2007
High Balance:
$1,006
Credit Limit:
$0
Past Due:
$0
Pay Status:
>Charged Off as Bad Debt<
Account Type:
Revolving Account
Responsibility:
Individual Account
Date Opened:
11/2006
Date Closed:
09/2007
Date Paid:
04/2007
Loan Type: Credit Card
Remark:
Purchased by another lender
Estimated date that this item will be removed: 03/2014
(I'm confused by the zero balances. Both are from HBSC and i'm pretty sure I paid them off thats why they listed date paid. I think what happened was I paid it without negotiating a PFD (now I know better). My other charge off's have a balance listed. What's my best course of action to get this TL removed? )
TIA! (Thanks in Advance)
Reply:Thank u for the TX database link. I'm so on it!
++ Just one more Q?
1). FICO vs FAKO – WTH?? Why would the gov allow them to sell this fake mess to people. I paid 14$ for both expecting to get my FICO score. I think they advertised that u would be purchasing a FICO score. So where can I get a real FICO ?
Omg knowledge truly is power! Yesterday I was feeling down in the dumps but today now that I have gained some info, I feel so much better. Thanks a million!
LOL yes FICO vs FAKO – it's a PITA that's for sure.
CRAs are FOR-PROFIT businesses. Always remember that.
Reply:Thank u for the TX database link. I'm so on it!
++ Just one more Q?
1). FICO vs FAKO – WTH?? Why would the gov allow them to sell this fake mess to people. I paid 14$ for both expecting to get my FICO score. I think they advertised that u would be purchasing a FICO score. So where can I get a real FICO ?
Omg knowledge truly is power! Yesterday I was feeling down in the dumps but today now that I have gained some info, I feel so much better. Thanks a million!
Reply:A couple of additional resources for you since you are from Texas.
The Texas Financial code regulates debt collection in Texas and is far more restrictive than FDCPA.
http://tlo2.tlc.state.tx.us/statutes/docs/FI/content/htm/fi.005.00.000392.00.htm
TSOS Debt collector search. Collectors collecting in Texas are required to be bonded; you can check the database at the following link. The search is a little finicky so for example you want to search for Dirtbag and Assoc, in the principle line enter it as Dirt%.
http://direct.sos.state.tx.us/debtcollectors/DCSearch.asp
Reply:…to add to all the above:
yoru "scores" you bought? ignore them. That's right. IGNORE them! You bought the scores that the CRAs sell you, not the "real" FICO scores. FICO runs 350-850. Your score max is 950- FAKO. It's basically a proprietary scroe used ONLY by the CRA you bought the score through.
Don't worry too much about those particular scores, as you will, in all likelihood, have VASTLY DIFFERENT FICO scores. Use your FAKO scores simply for trending, and even then, dont' rely too much on them, ok?
Reply:1) Dispute personal info online or in writing? Far as phone numbers and employment… get rid of those. Can anyone explain to me why?
If you have an old address or telephone # that matches one of the TL, it's easier for them to verify the information.
I agree, why make it any easier for them to find you,
2) Timeline- My 30 day dispute window with the CR started yesterday. Do I send verification letters to the OC, CA or both? At what point do I dispute with the CR?
First you want all old addresses and telephone numbers deleted – then you can follow up with your disputes..
:confused: no address on file, that matches"debt" oops gone oh No phone number match? oops gone
3). One of the collection accounts reads: This account is scheduled to continue on record until Aug 2009. I have no plans of disputing or contacting them or should I?
I'd let it fall off the report.,, Let it Fall, dont bother waking up what you dont want to fight
as to Inq, you see more than a creditor does, work on the "hard" pulls, the ones other see
Reply:1) Dispute personal info online or in writing? Far as phone numbers and employment… get rid of those. Can anyone explain to me why?
If you have an old address or telephone # that matches one of the TL, it's easier for them to verify the information.
2) Timeline- My 30 day dispute window with the CR started yesterday. Do I send verification letters to the OC, CA or both? At what point do I dispute with the CR?
First you want all old addresses and telephone numbers deleted – then you can follow up with your disputes.
3). One of the collection accounts reads: This account is scheduled to continue on record until Aug 2009. I have no plans of disputing or contacting them or should I?
I'd let it fall off the report.
Reply:Thanks guys for your responses. I revisited my CR to scrutinize them a little further after doing some research on here. It looks like I have some ammo to dispute them on particularly with my collection accounts (i.e. showing open vs closed,high balance (905) vs past due (1,309),etc. So for my own clarification, should I:
1) Dispute personal info online or in writing? Far as phone numbers and employment… get rid of those. Can anyone explain to me why?
2) Timeline- My 30 day dispute window with the CR started yesterday. Do I send verification letters to the OC, CA or both? At what point do I dispute with the CR?
3). One of the collection accounts reads: This account is scheduled to continue on record until Aug 2009. I have no plans of disputing or contacting them or should I?
It looks like there may be hope for me..3 of my inquiries are scheduled to drop off by nov..which will only leave four (which I am going to dispute). I must say that I am glad I found this forum after reading the success stories on here. I am determined to be in that category one day. Again thanks for your help.
Reply:I am so angry right now that I can scream! I ordered my free reports yesterday from all three. I decided to pay for my credit scores from EX (593/990-f grade) and Trans (602/990-d grade). I am floored that my scores are so low because I have 7 negative items (all from cc companies). The big accounts (auto, student loans, rental) are all perfect (never late/pay as agreed). My questions are:
1). On personal info: I noticed that there are many variations of the spelling of my name, some with my middle name. How do u all have your name listed? Do you have first, full middle, last…or first, middle initial, last? I noticed that EX listed an ex boyfriend (wrong spelling) and his address as a spouse?! Could this be affecting my low score?
2). The 7 negative items are pretty bad (charged off and/or collections). I thought about contacting them to pay them off but I don't see how that would benefit me at this point. Any advice?
3). I noticed there are also a number of inquiries on my report…any way i can get rid of those?
4). I would like to purchase a house before the end of this year but I know this credit score is going to be a hurdle. Any helpful advice towards achieving this goal would be appreciated.
Thanks in advance for any info that is provided.
1:only dispute names that are wrong its not wrong to list name middle and last in differnet variances,,joe d, doe, joe dee doe. joe.d doe Jr. ect
dispute "Ex boyfriend" as never been spouse, person is unknown to me
same for his address. I never lived at XXX address is unknown to me
anny address older than 3 years, same for phone numbers , employment( better yet all of the phone and employment)
2. depends on the accounts, need more information, how old ect.
3.goodluck, some work some dont, send a letter to the person requesting the info..say , I dont remeber giving you permission, please send me something saying if i did, or authorizing you to check my CR or remove from my CR within 30 days..please mail proof to me .. this is a 50/50 at best
4.keep your bills up to date pay down what you can, do not open any new accounts, things "younger " than 6 months could lower your score,
say your paying a bill NOT listed on your CR, get a letter from them saying your in good standing
Great if its been a year or more, like a electric bill, phone bill, internet provider,,stating the start of the account, longer the better, you can use this when getting a mortage " alternate Credit"
Reply:You can start by disputing all of the extra names and addresses. Or the wrong spelling. Just leave there what you use the most. Don't forget to get rid of your phone numbers too.
After you get the results back from that, you can go ahead and dispute the negative trade lines. See what you end up with.
There used to be a how to thing on this board…probably still is…where you contact the junk collector at the same time you dispute. I am sure someone else can tell you where to look for it.
You can also dispute the inquiries.
November 27th, 2011 
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