Same old story: I fell on hard times and really screwed up my credit. My sister was diagnosed with cancer and I moved in to help… She’s finally recovering but it really took a toll on my finances. I was in the middle of rebuilding and everything just fell apart.
i currently have the following accounts on my credit reports:
Cap1 Chargeoff – paid/settled $ 500
Cap1 Chargeoff – paid in full to Portfolio Recovery Associates $ 1125
Cap1 secured card – credit limit: $ 200, 25% utilized, current
Santander Consumer Auto Loan (I know they’re awful) – ~$ 13,000 left, current and in good standing
USAA secured Amex card – closed in good standing, it was a secured card and I ended up closing it to cash out the cd. $ 550
Wells Fargo CC Chargeoff – $ 133 unpaid
Portfolio Recovery Associates – closed collections, from Cap1 account above $ 1125
First Premier CC Chargeoff, ~$ 700 unpaid
Netloan (student loans) – ~$ 5500, current and in good standing
The Cap1 chargeoffs are about 3 years and 5 years respectively, the WF Chargeoff was 3 years ago and everything else is recent. My current credit scores according to CK and CS are at ~505.
I figure I should tackle that WF account with a PFD first, since it’s small. The chargeoffs are daunting, though. I saw that people dispute them via BBB and the Attorney General… How do you go about that? I looked at the BBB site and see that I can fill out a complaint but what kind of details do you include and do you need to reference specific legal jargon?