Need some advice for repair

[esp13]

I need some advice as to how to handle these items on my CR. I have listed all the negatives by newest to oldest. I have estimated the original default date by the date Experian says it will be off my report. I need to know what is the best solution for each; (validation letter, settlement, low percentage settlement based on expired or soon to expire SOL), i don't know which if any I may have recieved the initial collection letter, so will a request for validation still work? I'm assuming that the last 4 items are old enough that lenders won't really consider them, but how will they affect my score. As of 11/1/2008 my score was 540 per Experian only. I am most interested in fixing the ones that will up my score the most. I am hoping to buy a home around March 2009. Will it help to write an explanation to the CRs as all the newest negatives span a 5 month period where I had financial difficulties (10/06 - 3/07)


1)Collection Acct:bounced check
Amount: $1058
Defaulted: 3/2007 21 months
Off of CR: 3/2014 5 years, 5 months
SOL: unsure if judgement? original check amount around $200

2) Closed CC tax refund advance on pre-paid CC
Amount: $459
Defaulted: 2/2007 20 months
Off of CR: 2/2014 5 years 4 months
SOL: 27 months remain

3)Collection Acct: Health club membership
Amount: $828
Defaulted: 2/2007 20 months
Off of CR: 2/2014 5 years 4 months
SOL: 27 months remain

4)Collection Acct: eviction judgement (California)
Amount: $1051
Defaulted: 11/2006 2 years
Off of CR: 11/2013 5 years
SOL: no expire on judgement?

5)Closed CC: Cap One
Amount: $808 (limit was 500, so 300 is interest/penalties)
Defaulted: 10/2006 2 years
Off of CR: 10/2013 5 years
SOL: 23 months remain

6)Collection Acct: phone bill
Amount: $313
Defaulted: 10/2006 2 years
Off of CR: 10/2013 5 years
SOL: 23 months remain

7)Charge off: auto repo
Amount: $6859
Defaulted: 10/2006 2 years
Off of CR: 10/2013 5 years
SOL: 23 months remain

8)Collection Acct: cable bill
Amount: $202
Defaulted: 11/2003 5 years
Off of CR: 11/2010 2 years
SOL: expired


9)Collection Acct: Traffic ticket AZ
Amount: $280.00
Defaulted: 10/2003 5 years
Off of CR: 10/2010 2 years
SOL: none for fines

10)Collection Acct: damages/past due rent after move-out
Amount: $572
Defaulted: 2/2003 5 years, 4months
Off of CR: 2/2010 20 months
SOL: 8 months remain (6y for AZ)

11)Collection Acct: cable bill
Amount: $268
Defaulted: 10/2002 6y, 1 month
Off of CR: 10/2009 11 months
SOL: expired

12)Collection Acct: Traffic ticket AZ
Amount: $524
Defaulted: 4/2002 6y, 6m
Off of CR: 4/2009 6 months
SOL: none for fines

Any and all help would be apreciated. meanwhile, I'll browse the forums for similar situations.

[scorch]

I take it that you pulled this information from all 3 credit reports and not just Experian is that right? Are any of these paid off?

If you'd like, you can put a personal statement on your credit reports explaining the situation you had with finances. That's probably what you meant, but I don't see how it could hurt.

[esp13]

These are off of Experian only. I subscribed to their credit monitoring for 15/month, but it looks like trucredit has all 3 reports and scores plus unlimited pulls for the same price. i might switch. I only listed unpaid collections/charge offs and I have had zero contact with any of these collectors. If I need to pay any of them off, I will... hopefully at a deep discount. I am getting ready to dispute addys (12) and names (5) today. Speaking of... should I keep my full name (as shown on my SS) or just a simple First Last listing on the CRs?

AND I did meant putting a statement on my CRs, but I think I'll wait to see how many I can get removed.

[scorch]

Sure, go ahead and dispute addys. One thing I would suggest is if you haven't paid any of these off, the best thing for your score would be to deal with the newer derogatory information first. Try the one-two punch method and try to deal with the OCs rather than the CAs.


Although it is wise to monitor you CRs by using an online service, you may not really need one. I have recently posted a thread regarding this matter. A few ways to obtain credit reports

Whenever you send a dispute to the CRAs, they are supposed to send you a free copy of your CRs with the results of each investigation.