r/CRedit • u/ConsciousMortgage639 • 9h ago
Success WOW - This was super fast
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112
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I can’t believe it tbh they replied back in less than a week
r/CRedit • u/soonersoldier33 • Jul 16 '25
MOD Megathread - r/CRedit FAQs
51
Upvotes
Hello r/CRedit,
I'm u/soonersoldier33, a long-time and frequent contributor to the sub and several other credit related subs, and recently, I've been given the opportunity to become a mod here at r/Credit. Many of you have probably seen my comments in various threads offering facts, opinions, and advice in the various threads posted on the sub. After destroying my own credit in 2019 (maxed credit cards, charge offs, collections, the works), I began my rebuild in 2021, and I had the great fortune to find this sub. Several of the frequent contributors here at that time provided me invaluable information and guidance to help me through my rebuild, and during that process, I discovered I was/am fascinated by all things 'credit', most specifically the 'secret' and so often misunderstood credit scoring system that is such a major factor in our financial lives. Since 2021, I have become a total FICO metrics junkie, and I have spent countless hours researching and learning about credit scoring, collaborating with others to compile data points and learn from their knowledge and experience, and just glean every morsel of knowledge and information out there in an effort to bring some transparency to the 'black box' that is the FICO scoring system, along with many other aspects of 'credit' separate from just FICO scoring.
I am creating this r/Credit FAQ - Megathread to serve as a central hub to link posts that will cover...well...the most frequently asked questions or most frequently posted topics from our sub. Eventually, I will migrate much of the information in these posts to update the sub's Wiki, but I want to be able to get these in a highly visible location first, where the relevant posts can quickly be referenced and linked as these topics appear in posts to the sub. A little different than the Credit Myth series that fellow contributor u/BrutalBodyShots created to attempt to dispel common, credit-related myths and misconceptions, this megathread will present detailed information that will attempt to simply answer FAQs and/or address our most frequently posted topics. My goal with these posts is to provide factual information about these topics, and anything I include in these posts that is merely opinion will clearly be denoted as such.
I'm going to tackle the most basic ones first...credit reports and scores, FICO scoring, a breakdown of utilization scoring, charge offs and collections, medical collections, etc., but if you have suggestions for topics you'd like to see covered, please list them in the comments to give me ideas. I look forward to providing some content that will be useful to both our sub 'regulars' and to those first discovering our sub. It's going to take a little time to effectively grow this thread to cover many of the 'FAQs', so bear with me, and both positive feedback and constructive criticism are always welcome. I hope this thread grows into a helpful addition to our sub. Til next time...
~ Sooner
"It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so." ~ Mark Twain (maybe)
Credit Basics
- Welcome to r/CRedit! - Start Here and Read This! (No, really...Read This!)
- Credit Reports and Credit Scores
- Fill out our template in your post!
FICO Scoring
- FICO Scoring - Basics
- FICO Scoring - Payment History
- FICO Scoring - Amount of Debt (Amounts Owed)
- FICO Scoring - Length of Credit History
- FICO Scoring - New Credit
- FICO Scoring - Credit Mix
FAQs
Other Useful Information
- Collection agencies that pay for delete (and others that may)
- Canadian Credit FAQ - For our friends 'north of the border', courtesy of u/ElectronicClassic250
- Is Debt Settlement Safe? - From our friends at NFCC, u/nfcc1951
r/CRedit • u/Funklemire • Jun 18 '25
General Credit Myth mega-thread
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Upvotes
Like many other sub regulars, I've found u/BrutalBodyShots' Credit Myth series informative and also helpful in explaining these myths to others. A while ago I started compiling them in order to make it a lot easier to link to them in my comments.
I figure I might as well share the list I made, because more than once I've told people to search through his post history if they want to read them all. Also notice at the end I included several other threads of his that I've found useful, especially the one that contains that utilization flow chart. I can't tell you how much typing that's saved me since he made it.
I'll try to keep this list updated as more Credit Myth threads come out, but even if I fall behind this is a great place to start. And if anyone finds any mistakes or messed-up links, please let me know.
u/BrutalBodyShots on the Credit Myth series:
"I started the Credit Myth series in 2024 after continuously running into the same credit-related misconceptions on these subs. Having fallen prey to almost all of them myself, I completely understand how most believe what are in fact credit myths. It took me years to overcome many of them, so hopefully through the Credit Myth series that process can be significantly shortened for others.
With over 60 of these threads to date, most of the 'big ones' have been debunked at this point. The series isn't yet complete however, and perhaps never will be since over time additional myths seem to surface. If anyone has any ideas for future topics that aren't already covered, always feel free to reach out and let me know.
Special thanks to u/Funklemire for creating this thread and offering to maintain the master list, as well as to u/soonersoldier33 for seeing value in it enough to keep it front and center on r/CRedit."
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Credit Myth #1 - You only have one credit score.
Credit Myth #2 - Some credit scores are fake or inaccurate.
Credit Myth #3 - Paying down debt slowly over time builds credit.
Credit Myth #4 - Credit scores can change for no reason.
Credit Myth #5 - Credit monitoring services can tell you why your score changed.
Credit Myth #6 - Making multiple payments per month builds credit.
Credit Myth #7 - Number or percentage of on-time payments impacts your score.
Credit Myth #8 - When you close an account you lose its credit history.
Credit Myth #9 - Average Age of Accounts (AAoA) only considers open accounts.
Credit Myth #10 - Closing a credit card hurts your credit.
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Credit Myth #11 - Closing a loan will tank your credit.
Credit Myth #12 - You are approved or denied credit because of your credit score.
Credit Myth #13 - Any credit score above 750 is just bragging rights.
Credit Myth #14 - You shouldn't use more than 30% of your credit limit(s).
Credit Myth #15 - Credit limits are a Fico scoring factor.
Credit Myth #16 - Hard inquiries "age" and become less impactful slowly over time.
Credit Myth #18 - Revolving Utilization makes up 30% of your Fico score.
Credit Myth #19 - Goodwill requests don't work.
Credit Myth #20 - Checking your own credit can hurt your score.
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Credit Myth #21 - Remarks/comments on your credit report can impact a credit score.
Credit Myth #22 - You can have a credit score of 0.
Credit Myth #23 - The best approach to credit repair is "dispute everything!"
Credit Myth #24 - Credit bureaus only provide factual information.
Credit Myth #25 - Fico scores and credit knowledge are directly related.
Credit Myth #26 - Those in the [credit] business only give good advice.
Credit Myth #27 - The amount you spend is a Fico scoring factor.
Credit Myth #28 - Credit scoring simulators are always accurate.
Credit Myth #29 - Approval odds for credit cards online are accurate.
Credit Myth #30 - Income and/or DTI are Fico scoring factors.
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Credit Myth #31 - Credit Repair Companies can do things you can't do yourself.
Credit Myth #32 - Higher utilization always means higher risk.
Credit Myth #33 - A creditor must tell you the reason they denied you credit.
Credit Myth #34 - Removing a negative item from your reports will result in a score gain.
Credit Myth #35 - Your Fico score will drop if you pay off a credit card.
Credit Myth #36 - The more accounts you have, the better your Credit Mix.
Credit Myth #37 - Low utilization improves CLI chances.
Credit Myth #38 - Paying off loans or cards faster builds credit.
Credit Myth #39 - Credit cycling will get you shut down.
Credit Myth #40 - If you open a new card, your score will recover in 3-6 months.
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Credit Myth #41 - If you pay off a collection your score will increase.
Credit Myth #43 - Credit scores are a debt score!
Credit Myth #44 - Personal loans or in-store financing will help / can't hurt your credit.
Credit Myth #45 - There are certain times during the month you shouldn't use your credit card.
Credit Myth #46 - Lenders "see" more with a hard inquiry (HP) than a soft inquiry (SP).
Credit Myth #47 - A hard inquiry is worth a few points.
Credit Myth #48 - Experian, TransUnion and Equifax are credit scores.
Credit Myth #49 - The best way to rebuild credit is to open new accounts.
Credit Myth #50 - "Experian Boost" can help improve your credit.
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Credit Myth #51 - A Credit Lock is better than a Credit Freeze.
Credit Myth #52 - "Pay in full" means to pay your current balance to $0.
Credit Myth #53 - You shouldn't open any accounts in the 12 months leading up to a mortgage.
Credit Myth #54 - Carrying a small balance builds credit.
Credit Myth #55 - A credit account can be closed for no reason.
Credit Myth #56 - VantageScore is a good predictor of a FICO score.
Credit Myth #57 - It's illegal for lender to change a negative reporting.
Credit Myth #58 - Outside lenders have no idea how much you pay toward your accounts monthly.
Credit Myth #59 - You should never close your oldest credit card.
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Credit Myth #61 - Age of accounts metrics go by number of calendar days.
Credit Myth #62 - There are days during the month that you shouldn't use a credit card.
Credit Myth #63 - A product change means a new account.
Credit Myth #64 - Credit scores are a scam!
Credit Myth #65 - If your score drops following a loan closure, it'll bounce back quickly.
Credit Myth #66 - FICO scoring is a "black box" and no one really knows how it works.
Credit Myth #67 - There's never any downside to keeping an old unused credit card open.
Credit Myth #68 - The best place to get your credit reports are from the credit bureau's websites.
Credit Myth #69 - Credit "ratings" provided by a CMS matter.
Credit Myth #70 - Authorized user accounts are a great way to build credit.
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Credit Myth #71 - The dollar amount associated with a late payment impacts FICO scoring.
Credit Myth #72 - Keeping utilization low is good advice for budgeting purposes.
Credit Myth #73 - ChatGPT/AI only gives good credit advice.
Credit Myth #74 - Closing young accounts improves Average Age of Accounts (AAoA).
Credit Myth #75 - You need to satisfy diversity of Credit Mix first in order to obtain real loans.
Credit Myth #76 - A purchase or payment made can immediately impact a credit score.
Credit Myth #77 - FICO negative reason codes and lender denial reasons are the same thing.
Credit Myth #78 - An elevated "highest balance" on a credit card is always a bad look.
Credit Myth #79 - You should only freeze your credit if you encounter an issue with your reports.
Credit Myth #80 - DTI and revolving utilization are the same thing.
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Credit Myth #82 - Unsecured credit cards build credit better/faster than secured cards.
Credit Myth #83 - The best place to get your credit scores are from the credit bureau's web sites.
Credit Myth #84 - Credit cards are for emergencies.
Credit Myth #85 - Whether an account is closed by consumer or credit grantor matters.
Credit Myth #86 - Being denied credit hurts your score.
Credit Myth #87 - Your due date comes before the statement closes.
Credit Myth #88 - All credit scores with a "max" of 850 can be achieved.
Credit Myth #89 - You can only get your credit reports from annualcreditreport.com once per year.
Credit Myth #90 - With auto pay, you can "set it and forget it."
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Credit Myth #91 - FICO scores are for consumers.
Credit Myth #92 - The utilization myth no longer applies because trended data is now used.
Credit Myth #93 - You need to watch out for the "All Zero" penalty.
Credit Myth #94 - You need a lot of accounts in order to achieve perfect credit.
Credit Myth #95 - "Credit builder" apps are a great way to build credit.
Credit Myth #97 - FICO scores are always lower than VantageScores.
Credit Myth #98 - As a co-signer, you have less responsibility than the person you co-signed for.
Credit Myth #99 - It costs money to monitor your credit.
Credit Myth #100 - For an account to remain "paid as agreed" you need to make payments.
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Credit Myth #101 - Different FICO scores are always similar.
Credit Myth #102 - Higher interest rate credit cards are worse than lower interest rate cards.
Credit Myth #103 - You need all "exceptional" ratings to achieve a perfect 850.
Credit Myth #104 - Reporting a balance is the same thing as carrying a balance.
Other helpful threads:
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Goodwill Saturation Technique (GST)
Goodwill Letters - Using the "CART" approach.
Credit Karma 101: The good and the bad.
Credit Karma targeted email manipulation #1: On-time payments.
Credit Karma targeted email manipulation #2: Confirm your cards.
Credit Karma targeted email manipulation #3: Closed account.
Credit Karma targeted email manipulation #4: Approval odds.
Credit Karma targeted email manipulation #5: Come back!
Credit Karma targeted email manipulation #6: You paid off your balance.
Credit Karma targeted email manipulation #7: Metal cards.
r/CRedit • u/diazmark0899 • 6h ago
General Excited about adding this.
23
Upvotes
Ive been rebuilding my credit for the last 5 years or so. Finally had a charged off card from 2019 fall off my account a few months ago and shot my credit up 100+ points. I dont spend a TON at costco but both of my CapOne cards are MasterCard (which isnt accepted at Costco) so i had to use my debit card which i hated. This is also my highest limit but will primarily be used as a gas card (5% at costco, 4% other gas stations) and my Costco shopping card (2% on top of my 2% for being an executive member). Idk why but I’m just really happy about this haha
r/CRedit • u/Tfildaednu • 10h ago
Success SUCCESS: Got My Last Charge-Off Removed From All 3 Credit Bureaus Through Early Exclusion!
27
Upvotes
I wanted to share a victory with everyone who’s been working hard to rebuild their credit. Hopefully, my experience can help someone else.
Over the last few years, I’ve been actively rebuilding my credit, improving my payment history, managing debt, and cleaning up old negative accounts.
My last remaining derogatory credit-card account was an old Chase charge-off. According to my Experian credit report, the account was scheduled to remain on record until September 2026
Rather than wait, I decided to try getting it removed early from all three credit bureaus.
Here’s how it went:
TransUnion — SUCCESS! (20 MINUTES!)
Resolved 6/23/2026
TransUnion was by far the easiest.
I didn’t have to call or speak with anyone. I simply went online through CK(Credit Karma) website and submitted a dispute requesting removal of the old account.
To my surprise, within approximately 20 minutes, the account was gone!
No phone calls, no supervisors, no back-and-forth. Just an online submission and a successful removal.
Experian — SUCCESS! (PERSISTENCE REQUIRED)
Resolved date 8/28/2026
Experian was a different story.
My Experian credit report specifically stated “On record until September 2026.”
I called to request an early exclusion and was initially told to call back on August 26. Being a little impatient, I decided to try calling on August 25 anyway.
The first representative told me I had to wait until the 26th. The second representative submitted an early-exclusion request, but processed it as a dispute.
A few days later, I called again. Another representative explained that he would cancel the pending dispute and push through the early exclusion instead.
He told me the process would take approximately 24–72 hours and that I’d receive an email when completed.
Shortly afterward, I received confirmation:
“This item was removed from your credit report.”
VICTORY!
Equifax — SUCCESS!
Resolved date 10/12/2026
I’d heard Equifax could be the toughest, so I saved them for last.
On 8/30/2026, I made my initial call to Equifax to inquire about the scheduled removal date for my old Chase charge-off. The representative informed me that the account was scheduled to fall off on 12/28/2026.
I explained that I had been working diligently to rebuild my credit over the last several years and wanted to request an early exclusion as a courtesy, considering the account was approaching the end of its reporting period.
During that initial conversation, I was given a case number to reference regarding my request and to follow up in two to three weeks.
I followed up with another phone call(after waiting) and was told that it was “still pending”. Yesterday I called again; I was transferred to a supervisor and I again explained that I wasn’t disputing the accuracy of the account, but simply requesting consideration for an early exclusion. And just like that, the representative was able to accommodate my request, the account was removed from my Equifax credit report.
What made this particularly satisfying was that Equifax had given me a scheduled removal date of December 28, meaning I was able to get the account removed nearly four months early from my initial call.
THE RESULTS
My Equifax credit scores improved:
FICO 8: 696 → 717 (+21 points)
VantageScore: 618 → 645 (+27 points)
My Experian FICO is currently 712.
My TransUnion VantageScore is currently 634.
And here’s the interesting part: my overall credit utilization is still around 60%, meaning I have plenty of room for further improvement.
WHAT I LEARNED
- Every bureau handles these requests differently. What worked for TransUnion wasn’t necessarily the process Experian used.
- Check the expected removal date listed on your credit report before requesting an early exclusion. The dates and procedures may differ between bureaus.
- Be polite and persistent when speaking with representatives.
- If you’re told no, ask when the account becomes eligible and whether a supervisor can review it.
- Be clear about what you’re requesting. An early exclusion is different from claiming an account is inaccurate.
- Approval isn’t guaranteed, and another person’s experience may be different.
THE BIGGEST WIN?
This was my LAST negative credit-card tradeline. After years of rebuilding, it’s finally gone from all three bureaus.
Now my focus is on lowering utilization, eliminating high-interest debt, and continuing to build a stronger financial future.
I’m sharing this because I know how discouraging rebuilding credit can be, especially when you’ve been putting in the work for years but still have old mistakes following you.
Sometimes patience pays off. Sometimes persistence pays off. In my case, it took both.
Consistency compounds. Keep going!
r/CRedit • u/Legitimate_Key4161 • 20h ago
Collections & Charge Offs Is this the best deal of a lifetime?
134
Upvotes
Do y’all think they will remove it from my credit after I pay them?
r/CRedit • u/Odd-Tangerine-257 • 9h ago
Rebuild What else can i do to fix my score ?
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4
Upvotes
i've been aggressively paying off debt all year. I gave up my apartment and moved into my work truck and have been working everyday for the last 5 months. Before that i worked everyday for 3 months straight. So for the past year i've took off twice. both times were 4 days. all my credit cards are paid off. same with the "other" loan & i've paid most of my student loans i only owe 6k now & plan to pay that off by december . i do have a repo it isn't showing up on here but im on a payment plan with ally bank. will start at her aggressively paying that next year after im done with my final student loan.
r/CRedit • u/SortOk10921 • 2h ago
General Which of these three things (if any) led to my score decrease?
1
Upvotes
My Vantage Score (yes, I know, but until I get my monthly FICO update this is what I have to go off of) just dropped by 20 points (730 -> 710) after four months of consistent increases. I've checked the actual report to make sure there were no new accounts/fraud/missed payments anything like that. The only things I can think of are these:
- I was late on my electric bill by one day
- My utilization increased from 31% to 33% (perhaps moved me into a different bucket?)
- I got a 20% CLI, but my utilization didn't decrease (maybe lenders would be concerned that my spending increases with CLIs and that means I'm not responsible? This only impacts my debt-income ratio by 0.5%)
Any thoughts about it any of these could be the culprit, or maybe it's just random noise? Just want to try and be cognizant of anything that could cause this level of impact.
r/CRedit • u/AmazingProfessor1051 • 3h ago
General Please help me understand "Bucketing"
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Upvotes
I am fresh out of chapter 7 bankruptcy as of 2 months ago. Prior to my BK I had every major credit card and my score was excellent. Score started dropping when cards were balance chasing me. My payment history for last 20 years was perfect. Job loss led to the overuse of the cards then BK. My available credit across all cards was around $175k.
I recently got 2 Capital One cards (Savor and Quiksilver) both $4k limits. Am I to assume these are bucketed cards? I am not quite sure what this term means but seeing it after reading a few posts. My plan for rebuilding is the 2 cards and my non filing spouse (with excellent credit) will be adding me to their Citibank or Chase Card as an authorized user.
My questions:
-My gut says to stay away from the predatory cards. Or should I at least get one more card? It seems Capital One is really the only for somewhat non-predatory lender. My credit karma keeps sending me messages that I have outstanding odds for a new but none seem like a good idea.
-When can I expect to get approved for prime cards....Citibank, AmEx, Chase, BofA, US Bank, Wells Fargo? I burned them all unfortunately.
-I am expecting this to take a long time to dig my way out of my low score so not looking for a quick fix. I think it is low 620s right now, which is actually higher then when I filed. I just want to have a solid plan.
Appreciate any advice.
r/CRedit • u/MIKE_232 • 9h ago
Success Over 30 days late payment forgiveness success
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Upvotes
I just wanted to inform everyone that BOA removed my moms late payment that was over 30 days late. I emailed the ceo and clientcare and was just being polite. The situation happened after a payment was made to bring the account to zero and then for some reason the system removed autopayments and there was a small lingering interest charge that was ignored.
Her credit had dropped 90-70 pts but 3-4 days after the correction by BOA the credit agencies corrected it and now it’s back up. Thought it would take 30-60 days. Anyways if someone’s situation is similar, dont give up!
r/CRedit • u/raydio63 • 15h ago
Rebuild Paying off payday loans
4
Upvotes
Swamped with payday/tribal loans, I’m in a really good position now to pay them off. Several have gone to collections or debt collectors. Still within the 8 years to file bankruptcy. Vet if that helps. Together they’re about 20k spread over like 10 loans.
Brought my score from 655 to 547
Was seeing if I should just pay everything and everyone off as is or could I write to them to pay to delete from my report if that’s a thing.
Not worried about getting 800 in my lifetime just want to survive and clean up my credit enough to buy a home. Any advice is helpful.
r/CRedit • u/tuna_smells_awful • 9h ago
Collections & Charge Offs Need help figuring this out.
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1
Upvotes
Alright so as you can see i have two collections one for 1211 and a 3nd for 3,073 (started off as 3,074)
I then got an update saying some of my collection had been paid off. They gave me a new total of 3,073 and said my cr would update in 19 days.
But im confused. Are they saying my 1211 was removed or is ir referring to my 2nd one since my 3,074 fell by a dollar?
Also, the one for 3,073 is from a loan in 2021. Will it fall off in 2028 or will it be 7 years from the date of collection?
General MMI Debt Reduction Plan
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Upvotes
I am considering a DRP through Money Management Intentional who seem to be members of NFCC. Does anyone have opinion on how good they are on these plans. I have seen what they are offering on DMP and it looks very promising but I would have to pay more than I can 😩
r/CRedit • u/Minute_Soup1957 • 13h ago
Rebuild Goodwill Adjustment
1
Upvotes
I sent the CEO of Amex an email , has anyone gotten any luck with this ? I also have another card with 3x late payment I’m hoping to get those adjustment as well.
r/CRedit • u/dbmtwooooo • 15h ago
Rebuild Which Debts To Prioritize
1
Upvotes
Hello!
I am working on trying to improve and rebuild my credit. I currently have two cards that got sent to collections and closed off (capital one quicksilver and chase freedom). Both of those have $1100 balance. I made the mistake of using a program that was supposed to help my credit but actually tanked it. I have two open credits (care credit and a discover it). Discover is at $900 care credit is $600 and they have a hardship assistance program I can utilize. I had never had a late payment prior to signing up for that program and my score was high 600s before the collections. According to the Experian app my score is 609 and credit karma says 585. I definitely learned from my mistakes and want to not make those same ones again.
I want to know which would improve my score more after payments either paying off the two collections first or focusing on the two open cards. have some extra money I can pay off two of them right away so I wanted to see which would help my score the most first if there would even be a difference.
r/CRedit • u/Medium_Ad1449 • 15h ago
General Help
1
Upvotes
So I’m trying to login into my family’s credit bureaus but I get blocked most of the time specially on Equifax and TransUnion whether it says that the account is suspended or it doesn’t simply allow me to login.
Do you guys have any tips on how to get around that?
ps. I live abroad currently, so could me not being in the US currently a problem?
I also tried using vpns
r/CRedit • u/TerriblyRich-Cow • 15h ago
General Would it better for my credit to just pay off the remaining principal?
1
Upvotes
EDIT: PAID
Or just continue to pay my monthly bill on time?
Which do you think will increase more points?
r/CRedit • u/creditwizard • 19h ago
Collections & Charge Offs Credit Attorney Tip: What To Include In Your Dispute Letter
reddit.com
2
Upvotes
Hello friends. Below are a few tips for what to include and attach in your dispute letters.
For those who haven't seen my comments or posts before, I'm a credit attorney. That means that I sue the credit agencies, creditors and collection agencies, when we find serious errors or misconduct, involving credit reports and debt collection.
We focus mainly on issues involving the Fair Credit Reporting Act (FCRA), which is the federal law that regulates the credit agencies. We also occasionally handle Fair Debt Collection Practices Act (FDCPA) issues, involving collection agencies.
As I have elsewhere on Reddit (https://www.reddit.com/r/CRedit/comments/1el647h/credit_attorney_tips_advice_for_disputing_with/), it's best if you dispute by certified mail, rather than online. The address for each credit agency is in that link.
What should you include in your dispute letters?
- Your full legal name. This one is obvious.
- Your date of birth. This helps the credit agency identify you.
- Your mailing address. Of course, this helps them know where to contact you, and to match you to your credit reports.
- The last four digits of your Social Security Number. In the past, I used to suggest that you include your full SSN. I'd still suggest that if you have a case of a mixed credit file. However, for everyone else, the last four digits is enough.
- Any proof of the error you're disputing. For identity theft, that would be a police report and an FTC report. For an account that was paid but is listed as unpaid, that's proof of payment. The evidence varies, but attaching it is always a good idea.
- Attach a current copy of your photo ID. Avoid an expired ID. If it does not match your current address, that's fine.
- Proof of your address. Utility bills, apartment / house leases and mortgage statements are great. So are insurance bills. Cell phone and credit card bills work fine, though I do seem them rejected sometimes (a stall tactic).
As always, you'll want to allow for a bit over 30 days after they recieve the letters, to obtain a response. At that point, you can assess whether another dispute is needed, or if the error was fixed.
r/CRedit • u/Any_Middle7547 • 16h ago
General Chase VantageScore dropped 32 points while Experian FICO increased—should I worry?
1
Upvotes
My Chase Credit Journey score (VantageScore based on Experian data) dropped from 666 on October 6 to 634 on October 13. The “Recent changes” section lists:
- Account balances decreased
- Credit card balances decreased
- AMEX utilization decreased, although it’s still my card with the highest utilization
- Total available credit increased
These all seem positive, and my FICO score directly through Experian actually increased.
Does this section just list changes rather than explain the drop? Could the different scoring models explain this?
I also lost my driver’s license last month and have since replaced it, so I’m concerned about possible identity theft. Should I worry, and what should I check?
r/CRedit • u/JustAnotheruser947 • 16h ago
General who do i contact?
0
Upvotes
For context i did a pre qualification for a credit card because i was curious and the issuer was Mission lane. On the website it told me with bold letters WILL NOT IMPACT YOUR CREDIT, but they did impact my credit and on the submit button it says the same thing again, but then i still got a hard inquiry. I called them they closed my account but they won’t send me a letter saying they were not allowed to access my credit because they don’t do that and they won’t do anything about it. I called transunion and Experian said i still have to contact them. I’m completely lost and don’t know what to do
r/CRedit • u/Single-Ad-7049 • 1d ago
Success Goodwill letter success
41
Upvotes
One late payment from a few months ago and got back on track.
1st goodwill letter attempt I received a phone call with a denial stating “They report accurate information and they couldn’t change it” waited a few days and sent in another email and received another call where they collected some more information. Received a dispute case and resolved a few more days later. This is all within about a week. Any advice for jpmorgan chase?
r/CRedit • u/Ordinary-Boot-7887 • 17h ago
Rebuild Rebuilding credit score question
1
Upvotes
I had a fico credit score of 780 and added a new credit line and it dropped down to 728. Sucks but it is what it is. My current card holder length is nearly two years now. My discover still flags it as "poor" when looking at my credit factors. I just prefer having a high score if possible so I'd like to know how many years do I have own a credit card until the time of ownership benefits me?
r/CRedit • u/EnvironmentalAd4524 • 18h ago
Rebuild Is there a way to refinance student loan to get to low interest rate+ low monthly payment or is it impossible
1
Upvotes
Currently am with Sallie Mae and getting hammered by interest so am looking to refinance. I can find low interest rates but everything is about $500-900 a month.
Is there any way I can get both? Or it genuinely impossible.
r/CRedit • u/Mammoth-Tear3 • 18h ago
Data Point Second attempt goodwill letter to Capital One unsuccessful. Third attempt in progress.
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Adding my data point: first letter sent to Capital One on 9/27/26 asking for 9 late payments (I had a very hard year with job/unsafe housing situation and didn’t know anything about $) from 2024 removed. They called the next morning and denied it siting the typical accurate reporting line. I sent another letter with some tweaking on 10/09/26, got a call that evening for some information gathering and was given a case #. Second call from the same person today (10/13/26) and she denied my request. Just tweaked my letter again and sent it out again. I’ve sent it to multiple emails and hoping third time is the charm. I have high credit utilization as I am working part time while I finish school but have managed to build some savings and make every payment since on time. Hoping others have had success in similar cases and hoping this time it works for me!