Improving your Credit and Credit Score

[Andros the magician]

Oh yea another question.

What are some things you can do to improve your existing credit. Things besides working on removing negative stuff.

 

[Kaffeine]

Props

 

[jagu]

Oh yea another question.

What are some things you can do to improve your existing credit. Things besides working on removing negative stuff.

Using your credit cards and paying it on time.

Don't max out the credit limit and don't cancel your oldest cards.

 

[tapdatass]

BUMP i need help guys im confused......

do i spend 30% and pay it down to 10% each month

or

spend 30% and pay it off each month

 

[A to Dah K]

I was just looking into tips to improve my credit, since I'm considering house hunting. Anyone know if there is any fact to what I just quoted? Not saying mailboxpimp doesn't know what he's talking about but it somewhat doesn't make sense. Submitting a validation along with a dispute online should have the same result as a letter. Is there a reason why a letter would be better? What logical reason would it be to not type up a letter in black ink or to use colored paper? Can't they just read and respond?

Maybe I'm missing something.

write the companies disputing all debts first,state that you are disputing all validity of any debt owed to them by you and you would like a copy of the original judgment,if they cant provide such information.
then write the credit companies with copies of all the
TYPE THE LETTER,DON'T HAND WRITE IT.

 

[A to Dah K]

BUMP i need help guys im confused......

do i spend 30% and pay it down to 10% each month

or

spend 30% and pay it off each month

having a 0 balance is no good

 

[youngholla]

write the companies disputing all debts first,state that you are disputing all validity of any debt owed to them by you and you would like a copy of the original judgment,if they cant provide such information.
then write the credit companies with copies of all the
TYPE THE LETTER,DON'T HAND WRITE IT.

Thanks for this....I disputed stuff online with my Transunion report and with a week I got a response, most of them were deleted, infact almost all. Next stop Experian & Equifax.

Anymore tips?

 

[RepostKing]

subbed

 

[A to Dah K]

Thanks for this....I disputed stuff online with my Transunion report and with a week I got a response, most of them were deleted, infact almost all. Next stop Experian & Equifax.

Anymore tips?

write the collection companies that are still on your report that you are requesting proof of the debt so you have a hard copy as proof.

make sure you date it,and if you don't get a response in 30 days send the 3 reporting agencies copies of the letters stating that the company has not responded to you with in 30 days and you would like these negative items taken off your credit report.
make sure you print out the report for the specific agency,include the account # and agency in your letter,highlight it on the print out of the report also.
these collection agencies are BULLSHIT! more than likely they have no proof of the original judgment and are just trying to bully you into paying. if you EVER come across a situation where a collection agency is attempting to collect from you don't even let it go far,dispute the debt RIGHT AWAY! before they even get it on your credit report. odds are you will never hear from them again.

i had a situation where i was threatened with a law suit and all,i told them cocksuckers go fuck themselves.
check it out . http://www.bgol.us/board/showthread.php?t=461900&highlight=credit

 

[BDR]

ONe of the best threads ever.

 

[youngholla]

write the collection companies that are still on your report that you are requesting proof of the debt so you have a hard copy as proof.

make sure you date it,and if you don't get a response in 30 days send the 3 reporting agencies copies of the letters stating that the company has not responded to you with in 30 days and you would like these negative items taken off your credit report.
make sure you print out the report for the specific agency,include the account # and agency in your letter,highlight it on the print out of the report also.
these collection agencies are BULLSHIT! more than likely they have no proof of the original judgment and are just trying to bully you into paying. if you EVER come across a situation where a collection agency is attempting to collect from you don't even let it go far,dispute the debt RIGHT AWAY! before they even get it on your credit report. odds are you will never hear from them again.

i had a situation where i was threatened with a law suit and all,i told them cocksuckers go fuck themselves.
check it out . http://www.bgol.us/board/showthread.php?t=461900&highlight=credit

thanks.

 

[Llano]

having a 0 balance is no good

I've heard people say that but I have to disagree especially if it pertains to credit card debt. I listen to Susie Orman and she says that paying off your credit card balance monthly will not affect your FICO score. I'm not leaving anything on my balance because I refuse to pay a dime of interest. I've been doing this for about 2 years now and my scores shot up almost a hundred points since. I'm currently in the low 700's and I get credit card offers in the mail daily.

 

[BrownTurd]

Good info

 

[greygoose]

I was just looking into tips to improve my credit, since I'm considering house hunting. Anyone know if there is any fact to what I just quoted? Not saying mailboxpimp doesn't know what he's talking about but it somewhat doesn't make sense. Submitting a validation along with a dispute online should have the same result as a letter. Is there a reason why a letter would be better? What logical reason would it be to not type up a letter in black ink or to use colored paper? Can't they just read and respond?

Maybe I'm missing something.

the reason you write with a hardcopy (mail) is that you get proof and copies of your submission. if there was ever a dispute about you sending validation if you do it online its hard to gather evidence and proof that you submitted validation. plus when it comes to court, the courts have not really caught up to technology and the use of emails, internet, etc.

with a paper/hard copy you have
1- the actual copy of your dispute
2- the date it was sent
3- the date it was received by them (assuming you send it certified, or delivery confirmation)
4- you can possibly include an affidavit of service by someone (a friend or family member can do it for you)

now that you have the above 4 items, they can NOT say they never received your dispute or validation request.

if you send it by email, or internet, they can say anything they want and its up to YOU to prove that they actually received your request through the internet (good luck with that)


with regard to red and colored pens and colored paper (and dont quote me on the following, but i hear), this has to do with them scanning it. there are some tricks you can use to stop them from scanning your letters into their system thereby forcing them to "deal" with it right away rather than letting it go through "automation."

another reason you use colored ink and paper is it helps curb alteration (i hear some of them alter your documents, etc). some of them write letters and scan your signature onto the new letter, etc. if its written or signed in red ink, its harder for them to copy and insert your signature on another document.

again, im not 100% sure on the use of colored ink, paper but that's what i gather from my time reading up on agencies



-greygoose

 

[Fort Liquordale]

Ayo DD is alot of this information still valid i wanted to pass it on to a buddy of mines coming out of a marriage that left him fucked basically ...

 

[Autobot8655]

Damn...are cats this far out of the loop on BGOL?

5 years from now a fucking credit score won't mean squat.

 

[jagu]

Damn...are cats this far out of the loop on BGOL?

5 years from now a fucking credit score won't mean squat.

While it means something for now, they might as well do something about it instead of waiting for 5 years like you

 

[theoriginalgreatone]

props!

 

[Autobot8655]

While it means something for now, they might as well do something about it instead of waiting for 5 years like you

Why not just leave the country instead of worrying about a credit score that won't mean jack shit when the financial collapse occurs?

That's all that I am saying.

It will be more important to have a passport and an international network than good credit.

Carry on...

 

[followup]

this thread is great everytime I read it

 

[BDR]

While it means something for now, they might as well do something about it instead of waiting for 5 years like you

He mad he can't even get a secured card

 

[jagu]

Why not just leave the country instead of worrying about a credit score that won't mean jack shit when the financial collapse occurs?

That's all that I am saying.

It will be more important to have a passport and an international network than good credit.

Carry on...

You first. I'll see you in Italy.

 

[jagu]

He mad he can't even get a secured card

They got his name on the "do not approve" list even for the Rush card.

 

[Autobot8655]

You first. I'll see you in Italy.

Italy?



Definitely not Italy. That is one step worse than the US.

Try a country with a debt to GDP ratio that is under 40%.

and I already made the move

 

[beg4mercy]

Why not just leave the country instead of worrying about a credit score that won't mean jack shit when the financial collapse occurs?

That's all that I am saying.

It will be more important to have a passport and an international network than good credit.

Carry on...

Leave the country? I bet years ago you were one of those dick heads talkin bout "You don't need credit when you have cash huh?" You sound stupid.

 

[DoDaDamnThing]

Thank You for this post....I really need info like this right now!

 

[jagu]

Italy?



Definitely not Italy. That is one step worse than the US.

Try a country with a debt to GDP ratio that is under 40%.

and I already made the move

The country has no name? Oh let me guess, you're hiding it because you don't want niggas to come fuck it up for you uh?

 

[Salty Nuts]

Props

 

[Lick]

Great one Bruh!

 

[UncleStuntman]

Thanks for sharing!

 

[Bboynocturnal]

To all,

I have used these techniques and have improved my score by 100 pts in less than 1 year. I will share what I know and what I have used that has worked for me and others. I don't claim to be a guru of credit, but I hope this will assist people in developing a better credit score.

I'll also be updating this, as there is a bunch of info. You will need some time, dedication, and organization to make this work. This is no "fly-by-night" magic spell to fix everything. But, hopefully it will educate you and better prepare you to become a winner in the game of Credit.

Alright Son! Lets get busy on this credit shit.​

http://creditboards.com/forums/index.php - become a member so you can search it and find stuff. This is a invaluable site. Make sure to bookmark it or make it one of your favorites.

Ok. Now thats done, lets get started. This may seem like a lot, but really its not. Keep in mind, this is stuff you do over the next couple of months.

Good post homie!

 

[woodchuck]

The country has no name? Oh let me guess, you're hiding it because you don't want niggas to come fuck it up for you uh?

 

[Dawgnme]

Ups to the OP!

 

[mangobob79]

Good looking

 

[musicchick]

4) Prepare a listing of all negatives on each report, and gather details as best you can. Date it first went delinquent, date of last activity, etc. You will need these dates to figure the reporting period and if appropriate, when the legal SOL (Staue of Limitations) expires. The laws are different in every state, so find a source and read it ** IF this method doesn't help you out. **


5) Dispute all collections first. Wait till after you have changed your addresses on your credit reports (30 days from receipt). Then its time to attack the Collection Agencies. Write to the collection agency itself and request any documentation that they have that proves that you owe them any money or are obligated to pay them (AND MAKE SURE NOT TO SIGN THE LETTER). Ask them for any document you have signed with them stating that you owe them something or received any services from them. Request from them that they need to send you proof within 30 days of notice, or they shall report it to all the credit agencies that this item should be removed. If they do not, threaten to sue them. I have included a sample letter that worked for me. Most likely, they will not respond. Wait 30 days after you received confirmation they got it, and send a dispute letter to your credit agencies. It should come off nice and easy!




DoingDamage
666 Satan St.
Lawrenceville, GA 30044


January 22, 2008

BUREAU OF COLLECTION REC

7575 CORPORATE WAY
EDEN PRAIRIE, MN 55344

Account #: *******


To whom it may concern:

In a recent review of my credit report, I noticed that your company has placed an erroneous and derogatory entry, claiming that I owe you $13800.00. I have no account with you, nor have I ever. The account number referenced above is all the information that I have concerning this alleged debt. Since you saw fit to place this item on my credit report, you obviously have all the information you need in order to investigate and correct your error.

Under the Fair Debt Collections Practices Act (FDCPA), I have the right to request validation of the debt you say I owe you. I am requesting proof that I am indeed the party you are asking to pay this debt, and there is some contractual obligation which is binding on me to pay this debt. Please also be aware that a sworn affidavit from your compliance officer does not constitute a valid validation of this debt. Be advised that I am NOT requesting a "verification" that you have my mailing address, I am requesting a "validation;" that is, competent evidence that I have some contractual obligation to pay you.

Please also be advised that this letter is not only a formal dispute, but a request that you cease and desist any and all telephone collection. I require compliance with the terms and conditions of this letter within 30 days, or a complete withdrawal, in writing, of any claim.

In the event of noncompliance, I reserve the right to file charges and/or complaints with appropriate County, State & Federal authorities, the BBB and State Bar associations for violations of the FDCPA, FCRA, and Federal and State statutes on fraudulent extortion.

I also hereby reserve my right to take private civil action against you to recover damages.

Sincerely,



DoingDamage

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