Hi , so I started out with a 421 in December 2014 , I had a foreclosure , no credit cards , horrible spending habits , collections etc. My foreclosure fell off my report and I went to 453 . I applied for a credit one unsecured card , high interest and annual fees but all I could get at the time (300 credit limit). Charged gas every month , maybe 50 and paid it right off .In March got a cl increase to 500. My credit went to a 479. Appied for a Capital one card w/ 300 cl. Got it , charged very little every month paid it off , in June got a credit increse to 700. Also got offered a platinum mastercard w/500 cl from Credit One . I also had my husband add me to his Capital One credit card w/ 1000 cl. As of July 15 my score is 556. Not ideal but every week I check with Credit Karma and my score is going up . It takes time but you have to be disciplined . My name added as a user on hubbys card and my new credit card has now shown up yet on my credit so Im hoping for a decent jump when it does . As far as old collections , I paid off a 1700 Fingerhut bill and it had no effect on my credit whatsoever , I really wish I hadnt paid it , it says paid but still shows as derogatory. Tommorow I am going to my bank and getting a 500 secured card . As you can see I started this quest in December 2014 when I decided it was time to take responsibility and do something and its been 8 months and my credit score has jumped about 135 points .
The credit union is probably taking all your debt into consideration, not just the mortgage. And with a personal loan, new mortgage, credit cards, car loan and student loan, it sounds like you have quite a few bills you’re handling. It’s understandable you want to get your interest rates down, though, and it’s good you’re trying to be proactive about the process. Just because one lender turned you down doesn’t mean they all will. But you do want to be careful about applying for loans with multiple lenders as the inquiries can impact your scores. You might want to try one of the other options mentioned in the article before you give up. If you get turned down by multiple lenders, though, then you may want to at least talk with a credit counselor to see if they have suggestions.
However, each model weights the information differently. This means that a FICO® Score cannot be compared directly to a VantageScore® or an Equifax Risk Score. For example, a VantageScore® does not count paid items in collections against you. However, a FICO® Score counts all collections items against you, even if you’ve paid them. Additionally, the VantageScore® counts outstanding debt against you, but the FICO® Score only considers how much credit card debt you have relative to your available credit.

This deal is easy to find – Chase is one of the biggest banks and makes this credit card deal well known. Save with a 0% Intro APR on Balance Transfers for 15 months and Intro $0 on transfers made within 60 days of account opening. After that: Either $5 or 5%, whichever is greater. You also get a 0% Intro APR on Purchases for 15 months on purchases and balance transfers, and $0 annual fee. After the intro period, the APR is currently 16.74% - 25.49% Variable. Plus, see monthly updates to your free FICO® Score and the reasons behind your score for free.’

•    I then added her to 3 of my credit cards as an authorized user. I choose the oldest with high credit limits.(I did not give her the cards to use-only added her as an authorized user for my own protection) BEFORE being added as an authorized user be SURE you know the credit history and habits of the owner of the account. If there is a late payment on their account this will be reflected on YOUR credit history!
Become familiar with the information contained in each of your credit reports. They'll all look very similar, even if you've ordered them from different bureaus. Each credit report contains your personal identifying information, detailed history for each of your accounts, any items that have been listed in public record like a bankruptcy, and the inquiries that have been made to your credit report.
When weighing whether borrowing from your workplace retirement plan makes sense, keep in mind that if you leave your job—voluntarily or not—you typically must repay a loan within 60 days. If you don't get it paid off in time, the loan morphs into a withdrawal, and that can end up costing you plenty. If you are under 55 you will owe a 10% early withdrawal penalty, and a withdrawal from a traditional 401(k) account will also be taxed at your ordinary income tax rate.
All this program takes is the ability to mail a certified letter to the credit reporting agencies.  The ebook has step-by-step instructions on what to do, how to do it, and when to it.  Everything is included in this kit.  You will have the mailing addresses for the CRA’s and dispute letter templates ready to go along with an example dispute to show you how it’s done!
First Republic Eagle Gold. The interest rates are great, but this option is not for everyone. Fixed rates range from 1.95% – 4.45% APR. You need to visit a branch and open a checking account (which has a $3,500 minimum balance to avoid fees). Branches are located in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland (Oregon), Boston, Palm Beach (Florida), Greenwich or New York City. Loans must be $60,000 – $300,000. First Republic wants to recruit their future high net worth clients with this product.
We saw probably the most amazing show on the planet at the Robot Restuarant (I won't spoil it for you.), ate at vending machine restuarants, slept in 5 star hotels and in cool tiny manga cafes.  We got kimonos for pajamas, song karaoke where we made a couple of Japanese friends, shopped at the 100 yen shop, rode the most fun metro system around and saw the Tokyo Tower.  We had the most amazing time of our lives for free!
Public Records – Negative information from public records can include bankruptcies, civil judgments or foreclosures. Bankruptcies can be on the report for seven to 10 years, but all other public records must be removed after seven years. If the public record on your report is older than is allowed, dispute the information with the credit bureau and send documentation to prove that the debt is too old and should no longer be on the report.
No one can legally remove accurate and timely negative information from a credit report. You can ask for an investigation —at no charge to you — of information in your file that you dispute as inaccurate or incomplete. Some people hire a company to investigate for them, but anything a credit repair company can do legally, you can do for yourself at little or no cost. By law:
Taking out a home equity loan could also require you to pay closing costs that can add up to hundreds or thousands of dollars, according to the CFPB. If the property declines in value, you could also run the risk of falling underwater on it. With that said, a home equity loan or a home equity line of credit could serve as an optimal way to pay off debt. As with any major financial decision, being well-informed will help you make the best choice for your unique situation.
It’s been only a year since I opened my first card last September, and I already have a solid FICO score – 720, the last time I checked.  That’s not a perfect score by any means, but it lands me safely in the “good” credit range, meaning I probably won’t have trouble getting approved for new credit in the future. I still have work to do if I want to get into the “very good” credit category, which starts at 740, according to MyFICO, but for a credit card newbie I’m not disappointed in my progress so far. 
Satisfying such obligations won’t remove the records from your credit reports, however. They’ll stay there for seven to 10 years, no matter what. But their status will change to show that you no longer owe money. What’s more, the newest credit scores – including VantageScore 3.0, VantageScore 4.0 and FICO Score 9 – stop considering collections accounts once they’ve been paid.
If something sounds too good to be true – everyone knows the rest of that expression, and it could not be more fitting than in the credit repair industry. The word “fast” should never be in the same sentence with quality credit restoration and expecting the unlikely should only be reserved for marketing products during Super Bowl commercials. In a world where the spirit of a dog appears to sell beer during halftime, it is not surprising that people are misled. Logic would indicate that if it took several months or even years to damage the credit files, they would not magically restore themselves in a matter of minutes. It would be the same concept of expecting brand new lungs or a sparkling fresh liver immediately after the last puff or sip.
When you find yourself with damaged credit, it’s important to catch your breath and begin laying the foundation for a brighter financial future. Testing your financial literacy and educating yourself are part of that. But the centerpiece of this effort should be your emergency fund. With money saved for a rainy day, you’ll be far less likely to miss payments and damage your credit if met by hefty emergency expenses.

There is no magic ratio that is “good” but generally if your balances on any of your cards start creeping above 20 – 25% of your available credit, you may see an impact on your scores. Have you checked your credit scores to see how this factor is impacting your credit? Here’s how to check and monitor your credit score for free. As for the new account, it may have an impact on your score but usually for most people that levels out once the bills are paid on time for a few months. If it will save you a good chunk of money it may be worth it!

Advertiser Disclosure: The credit card offers that appear on the website are from credit card companies which myFICO receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not include all credit card companies or all available credit card offers.

In more cases than not, debt consolidation loans don't make sense. They're certainly attractive: the lure of being able to pay off all of your credit cards is a strong one, especially in exchange for a single monthly payment to your bank or credit union at a lower interest rate. It's definitely a tantalizing opportunity, but it's not perfect. Remember, debt consolidation loans are financial products, which means financial institutions wouldn't offer them to you if they didn't make money from them. Here are a few tips to make sure you're not falling into a trap:

If you need money fast, a home equity loan might be a good option. A home equity loan can provide you with a lump sum of money in a matter of weeks; the borrowed amount can then be paid off on a monthly basis for a fixed rate. It can be especially helpful to use this type of loan to help consolidate your current debt. A home equity loan can combine debt from various lenders, such as different credit card companies, and place it into one convenient payment.

All this program takes is the ability to mail a certified letter to the credit reporting agencies.  The ebook has step-by-step instructions on what to do, how to do it, and when to it.  Everything is included in this kit.  You will have the mailing addresses for the CRA’s and dispute letter templates ready to go along with an example dispute to show you how it’s done!
The two primary forms of bankruptcy that consumers choose to file are Chapter 7 and Chapter 13. Chapter 7 allows a filer to liquidate nonexempt assets to pay off creditors and discharge their remaining debts. Chapter 13, called a wage earner’s plan, gives filers with regular income the opportunity to create a short repayment plan to pay off their debts.
The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.
In general, older consumers have higher credit scores than younger generations. Credit scoring models consider consumers with longer credit histories less risky than those with short credit histories. The Silent Generation and boomers enjoy higher credit scores due to long credit histories. However, these generations show better credit behavior, too. Their revolving credit utilization rates are lower than younger generations. They are less likely to have a severely delinquent credit item on their credit report.
Thrivent: Partnered with Thrivent Federal Credit Union, Thrivent Student Loan Resources offers variable rates starting at 4.13% APR and fixed rates starting at 3.99% APR. It is important to note that in order to qualify for refinancing through Thrivent, you must be a member of the Thrivent Federal Credit Union. If not already a member, borrowers can apply for membership during the student refinance application process.

A financial institution such as a credit union, which typically issues credit builder loans, deposits a small amount of money into a secured savings account for the applicant. The borrower then pays the money back in small monthly installments — with interest — over a set period of time. At the end of the loan’s term, which typically ranges from six to 24 months, the borrower receives the total amount of the credit builder loan in a lump sum, plus any interest earned if the lender offers interest.
The earlier you find out about a credit report or identity theft issue, the easier it is to solve. To ensure that you find out about issues in the future, consider signing up for a credit monitoring service. Some companies, like CreditKarma, offer free credit monitoring. Other companies offer daily three-bureau monitoring and resolution services. You can learn more about these options here.
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