I am working to rebuild my credit. In my signature line, you will see what current stats. About 75% of my inquires are going to drop off this year or be older that 1 year so it won’t count against my store. As for the negatives om my report, almost all of them are medical bills and over 3 years old. I do have 2 Capital One cards that are still reporting monthly that I haven’t made the payment but Experian is reporting they will drop off in late 2017. I believe that is hurting my score as the balance is double the credit limit. I believe when those drop off, I should see a positive increase on the score. I have 23 credit cards, 2 auto loans and 2 installment loans that are paid ontime monthly. I believe that is a lot of positive lines reporting monthly. My utilization is high. I pay my cards off in full every month but with all my business and persoanl expenses, it reports high balances. It is about 45% now.
Does anyone have any advice what I can do besides not apply for anything else and let the accoutns grow? I really do not want to pay off any of the collections. I rather just have them age off. I am working with Lexington Law ( I know people here hate them but they have worked for me over the years). When I started my rebuilding in 2014, I had 208 negitives across all 3 reports and now I have alot less.
Thank you everone.