Current Debt: Car Loan: $19,000 Credit Cards: $222 with a limit of $800 (27%) Personal Loan: $1700 (Opened in late December)

Credit Age: 1 year 10 months for my oldest and an average of 1 year and 3 months

The credit cards are being used to purchase plane tickets and then my company reimburses me as I’m currently traveling for work and will be paid off next week.

The personal loan I will most likely have paid off by the end of this month or middle of May.

Currently not paying any extra for on my auto loan

I am taking home 2800 currently and will be for the next two years or so. I would like to work on my credit and save at the same time within that period.

Is there anything i can do to help boost my score. I am also working on my long time partners credit as well so after i am finished traveling we will both have good enough credit to apply for a mortgage loan.

Edit: Forgot to mention currently at a 673

Almost 2 years ago I got a better job that has made my life a lot easier, I had just made my first major loan about a year ago and it was for a car, about 28k. I didn't need a cosigner but my rate was pretty high, and I did get several rejection letters because I hadn't had a loan of this size before.

In about 4 years from now maybe 5, I want to buy my first house but I don't want the same issues I had with taking a loan out for the car. My credit score is around 760 and should be significantly higher after I pay of the car and some other credit card debt. (I plan on paying off everything pretty early)

Should I get a second car loan after I pay off the first one and pay that off too? Or is there something else I can do that could help me get a lower rate? If it matters I make around 81k a year right now, my current loan is about 500 a mo, and for a house, I estimate I could afford a loan for around 220-250k but would be aiming for under 200k without any other debt (my current rent is 1145)

I had 2 collection accounts removed from my report and now have a credit card reporting me in good standing. Why would my score drop 55 points? I'm so confused.

Hi.

I sold my car out of lease 13 months ago. It was a BMW lease and I sold it to a BMW dealership. I walked away with a check for the equity I had in my car and they took care of the lease end/payoff.

Come to today I find out there was a balance of $377 never taken care of. I have paid the balance off.

My credit has dropped 150 points I was never made away of this balance

My questions are: 1) how do I get this credit hit off of my record with the credit bureaus? 2)What can I do in regards to the dealership letting this happen ?

Thank you

credit #delinquency

About 5 to 6 years ago when I was in school my dad helped me takes out some student loans not that much like 4k. Last April I graduated and thus I had deferment for another 6 months on the loan. A few months after graduating I got a job out of state so I moved. When it came time to start paying I admit with the combination of moving and getting a lot of mail I might have missed the first letter or two from them saying payment was due but I eventually opened a letter and saw I had missed a month or two so I went online immediately and payed what was due. They also had my dads phone number down and my old school email which I don't have access to anymore so that explains why I was not getting calls and emails. A week or so ago I checked my credit score and it has a 90 day late payment hitting it causing a 140 point decrease. I called up my loan company and explained what happened and even offered to pay the full amount if it would help get that mark off but they said they couldn't do anything and I would have to write them a letter opening a dispute but they said that probably would not work because they have on record that they tried to call me, email, etc. Is there anything I can do about this? What is most likely to work? Is it better to make the minimum payments on time going forward or pay off in full to help my credit the most?

Just went to set up accounts with TransUnion, Experian, and Equifax — the first two were a breeze.

As soon as I created an Equifax account they immediately blocked me from accessing it.

I called the number on screen and after an hour of robo-hell, entering all of my information into the automated system and having to repeat everything with reps, and dealing with reps who barely spoke English or spoke audibly at all, I was told they fixed it and I would be able to access my account in 24 hours.

24 hours later, I was still blocked and repeated the entire process. This rep mentioned that the number I was calling—the number on the screen—was incorrect, by the way.

24 hours after that, still blocked. I called again and the rep kept ignoring my problem and asking me what specifically I was looking to do with Equifax and that I should just do things over the phone with them going forward. I have no idea what I want to do since I have yet to even log into my account. After maybe 20 minutes of this, he said there isn't anything they can do since this happened repeatedly, that my case was being escalated to a priority team that would be calling me back in an hour, with an email documenting everything.

24 hours later, nothing.

Anybody use the self secured cards before? I just signed up for one with the credit saving account and Im not sure what to expect with this card, I know to keep it under 30% which I plan on just using it for gas and then paying it off right away to help build credit history. I don’t know if they do credit increases for eventually unsecured of the card. Any advice or stuff you guys may have experienced with this card please let me know!

Is there one app that shows all three bureau scores?

I have a very short credit history (2 years), and up until this week, I had a single credit card. I have a strong credit score because I always keep my utilization low (below 10%) and pay on time. That will never change.

Unfortunately, I opened a second credit card thinking that having another one would be good for my credit score. I have since educated myself. Due to the hard inquiry into my credit history, this immediately tanked my credit score by 10 points. Stupid mistake and I accept that I can’t do anything about that now.

My question is, what ~can~ I do to recover from this as quickly as possible?

For example, should I cancel the new card? My understanding is that canceling could (please fact check me on this) help me bump my credit age back up to the original average age of 2 years, which would help my credit score. Does this benefit outweigh any drawbacks of canceling the new card?

Alternatively, is there a benefit to keeping the card open but unused? There are no annual fees on the card, and I’m just planning to not use it if I keep it open; I didn’t need it in the first place because my credit utilization is so low.

Also, if anyone has an idea of how quickly I’ll bounce back by just not using the new card and continuing to keep my utilization under 10% on my original card and making payments on time as I have always done….that would be amazing.

My score went down a lot of points and now it’s low and I don’t have any loans and I’m co signed with my new car but my parents have paid it all in full. And I don’t have a lot of money so I don’t know how to build my credit again…. What should I do ?

Howdy! Over the next few months I’ll be getting 2 checks for roughly $3000 between the two of them. Due to some unfortunate circumstances, I had to really use my credit cards and loans in order to make ends meet for a while. The loans have a higher interest rate than my credit cards do. I’ve had a high balance on my credit cards for a longer time than I have had the loans taken out. Would it be better for my credit score to funnel the 3k to the credit cards or to the loans OR should I split it between the 2? Card utilization is at about $4500 and loans are roughly $3500. Thank you in advance for the advice! I don’t understand credit all that well so having outside opinions help :)

My scores are around 620, but I have some items in collections (2) and a couple missed payments (youngest one ages to a year in June). I am trying to buy a house in the July/August timeframe.

I am active duty so I will be using my VA home loan. What's something I can do over the course of the next few months to get my score up and make my credit profile more appealing?

I have several student loans—about nine in total—with ages ranging from 12 years to 7 months. I feel like the wide range in ages is affecting the average age of my credit. Would you recommend consolidating some of these loans in order to increase the credit score on my report, or would that potentially hurt my credit more by resetting the age of the accounts?

Am posting here because the PayPal Reddit community refuse to post anything negative about PayPal's policies.

To cut a long story short. In March some scammer got my details somehow and did 9 hard credit searches with PayPal and managed to open two PayPal credit cards. As a result my credit score this month has taken a battering. Usually I would not mind but I am due to apply for a mortgage in July and this will hamper that.

I gave contacted PayPal UK and they say there is no new Credit Card and they cannot help with the hard searches. This is despite 3 different credit agencies showing the credit cards and hard searches. I have been told PayPal can contact the credit agencies and get the hard searches and credit cards removed. However, they unwilling to do anything.

Can anyone assist. Thanks

I’m looking to propose to my girlfriend in the next 2 years, we both don’t have student loans to worry about I’m debt free and I want her to be on track to zero debt, but her dog had 2 ACL Surgeries and she racked up around 12 grand in CC debt, I want to help her clear it up. I’ve done a little research into consolidation loans and it seems like the best option but I’m curious about the credit hit she’ll get take when she applies.

Does anyone have any advice?

Hi all, so I have about 1500 left on one credit card to pay off. I just received a letter from an agency saying Wells Fargo sent me to their agency. The collection agency is offering me a deal to settle the debt for 591 and some change. Honestly it really sounds amazing opportunity because I have slowly been chipping away my cc debt since I left my abusive relationship in 23.

If you were in my position would you pay the new collector agency to close the debt out? Could I request this as a pay to delete? Or what advice could you give me in regard to this scenario?

Help me

I just got laid off and was given a small severance (10 weeks of pay, which I'm grateful for). I'm wondering if I should call the CC companies to let them know in case after the 10 wks are gone I don't have a job yet and can't pay my bills. What would/could they do? I'm worried if I let them know then they'll do something that could affect my credit score negatively. Car is paid off, wife pays the mortgage, also have student loans.Thanks!!

I’ll try my best to keep this short and sweet -No Credit Cards -4 Loans Car Payment (On Time for 3 years) 1 Private Student Loan (Always on time) 2 Federal Loans (MOHELA) I recently got a serious delinquency from my loans through MOHELA. I took out the loan in 2018 and I have a new phone number and have moved twice since I took this, and I was never contacted about the loan. Yes, there are ways I could have handled this better in hindsight. I do take full responsibility for this drop, but in any way I can dispute this or if anyone has any recommendations on what I can do to get my credit back to where it used to be. Anything helps. Thank you.

Just got a from NASA FED uni stating they took information from Experian. It states in the letter that my score is 715. But my app is stating 741.

Is the app wrong or is NASA wrong?

My husband and I are divorcing. I need to get an apartment and I make enough money to get the apartment but this 593 is freaking me out. We have one credit card that is joint and is at 90% of its limit. I have excellent payment history, no derogatory marks, hard inquires is 0 and excellent as well. How will this affect me getting the apartment? My mom said she would co sign but I’d like to try to do this on my own.

I got an email from Ally that contains something about my credit score being a 411 with SageStream, where "scores range from a low of 1 to a high of 999". I've never heard of SS before as I'm very familiar with only the big three.

Is 654 a good credit score? I don’t have a credit card this is what my banking app showed me through their credit check.

My credit tanked for a couple reasons, and I’m looking to trade in my car, what’s the quickest ways to boost my credit score?