Mission: Credit Rebuild. Destination: Garden.

Question

Starting a thread so I can track everything I'm doing and have done to get these collections taken care of. FAKO Scores and the baddies as of 2/8/13:Experian: 485 - 8 collections, 2 CO.TransUnion: 503 - 6 collections, 2 CO.Equifax: 590 - 0 collections, 2 CO, 1 collection reporting as "factoring company" and reporting 120+days late. Collections: Sonnenschein - 2 collections $500 each / **not mine** / only on Experian -- Disputed with Experian. Deleted!NCO - 5 collections: $212, $212, $1,062, $637, $1,000 / Tollway Violations - PAID TOLLWAY / TU & Experian -- Disputed with TU & Experian. Deleted!Midland Credit Management: $1,616 / T-Mobile bill / Experian & TU -- Sent PFD (in full) CMRR 3/5/13. It's been 10 days since I've sent the PFD, no reponse as of 3/14. 4/12/13: PAID!!!!  Now the GW process for removal begins.Charge-Off's CFNA: $790 balance. CO June 2011. CA Alliance One collection on behalf of CFNA but not reporting. Offered settlement $490.  3/6/13 -- Paid settlement of $490, contacted CFNA and they are reporting the account as CO paid in full. **will send GW in hopes of deletion**1st Financial Bank: $5,657 balance / $3,487 past due / $4,900 limit / CO 2011-- this will be the last debt I will attack since it is my largest and they haven't contacted me in a while. I don't want to wake a sleeping dragon.I believe they still own the debt as no CA has contacted me or reported it. Update (3/26/13): 1FBUSA reported derogetory information on my CR so I gave them a call to set up a payment plan. I'm on a 6 month payment plan for $125/month. In 6 months, I receive a letter, reevaluate my financial situation and set up a new payment plan hopefully paying more monthly. Slowly but surely it'll get paid down.   

Answer 1

Accounts with no lates: Best Buy (Capital One now):Limit: $1,305 / Balance: $381 (as of 2/28/13)  / Age: 5 yearsVictoria's Secret (Comenity Bank): Limit $350 / Age: New account Accounts with late payments: Ally (car loan installment) Starting loan amount: $16,594 / Balance: $5,937 (as of 2/28/13) / Age: 9/2008 - 4 years  / Lates: 11 / Last late: 2/2012Capital One: Limit: $500 Balance: $4 (as of 2/28/13) Age: 5 years / Lates: 1 / Last late: 2/2012Orchard Bank (Capital One now): Limit: $300 / Balance: $0 (as of 2/28/13) Age: 12/2009 - 3 year / Lates: 3 (two 30 days, 1 60 day) / Last late: 1/2012 Accounts closed by credit grantor: GMAC: (car loan installment) Balance: $7,756 / Payment Status: Paid as agreed / Close due to paying car off.GECRB/American Eagle: Limit: $125 / Balance: $0 / Payment status: Paid as agreed / No late paymentsGECRB/Care Credit: Limit: $1,400 / Balance: $0 / Payment Status: Was past due 90 days / Closed due to being 90+ day late / Was open till PIF then closed.  ** Currently using 107% (yes... you read that right, I'm cringing just typing this) of my credit as of 2/8/13 before I paid off anything**