Well things have been going pretty well, just wanted to bring you all up to speed.
First my cousins, uncles, and aunts; that I never met , all returned home yesterday safely. It was really nice to meet everyone. We're all friends on Facebook , so that's really nice.
Next, dad gave me $50 so I transferred the extra money to my challenge/ house fund account. I'm really seeing a difference with this account
Ugh! I had to swing by my mom's to talk with my sister, who lives with my mom, and she (mom) still isn't talking to me because of an incorrect address on a box I shipped. Smh and I really don't care.
On a different note, today was payday, I couldn't do my 10% EF, 5% IRA and 3% CC but I was able to add $40 to the EF; paid $20 on the CC debt and deposited $20 to my IRA account. How I see it, something is better than nothing.
Lastly, three things that I'm thankful for:
• Roof over my head
• running water
• learning VLookup in excel
Viewing the 'Credit Repair' Category
Okay, I have about $900 I can either pay off 1CC that currently has an introductory rate of 0% until about August (I always pay extra on this CC anyway), or I can add this amount to my EF and be half way at reaching my $2000 saved for the year, or pay the $900 on CC 3 that has an interest rate of about 20% and the balance due is $1500. If I pay the $900 on CC3, I should be able to pay the remaining balance of $600 by the end of the month.
Oh geez I forgot, I have a BoA CC that earns cash back, right now the balance is $4600 I was thinking I could pay the $900 on that card and free up a little money that way anything charged on thus card I can earn cash while paying the minimum along with what was charged in full each month, that way I could earn some extra cash as well.
I'm taking any suggestions at this point.
Things appear to be looking up. I have moved a lot of things to the new place and will take more over tonight and this weekend.
I am still adding to my challenge and paying down CC1
I received a notice that my tax return will be deposited tomorrow so I'm paying off CC1 and will start on number 2, the remaining funds will be deposited to the EF account.
I used my ShopKick points for a $25 gift card and purchased an ironing board and shower mat. Since I saved $25, I'm adding it to the EF
Now I'm waiting on the $200 gift card from BCBS in order to pay my cell phone bill and Internet bill.
I called ING today because I have yet to receive my $114 refund for a check that was not cleared and was told it should have been deposited a few days ago. Now I'm waiting on a response.
In the end, the BF dad offered to buy a drive up store for him. Long story short, the store belongs to his uncle and is up for auction since the taxes were not paid. Also, the year before last my BF dad paid the taxes with an agreement that if he wasn't paid back the store was his. In the mean time my BF and friends cleaned the place out but the uncle never reopened it. I say go for it. It would be a great investment because the store is always busy when it was open.
That's it in a nutshell
Well I went to BestBuy with the BF last night, and he bought 2 CDs totaling almost $40. All I could say to myself is You can't be serious? Really? Just two or so days before you didn't have money to put gas in your car and you receive a few payments ( for jobs he had done) and you go and buy CDs, wow. Unbelievable! And to top it off, his family is having a get together and requested, by his aunt, that everyone gives $25, of course I was perplexed, she couldn't be serious. $25 to attend a BBQ? $10 from each person would be more than enough to buy food and drinks. Needless to say I told him I was not going. In the end, the aunt asked him to buy a case of chicken, a little more than $50, and of course he did. He has a serious problem of not wanting people to think he is "broke" per se; however, moving forward I don't have a problem with it. If people think I am "broke" which by the way I am, that's perfectly fine with me, because they won't ask me to buy any thing.
I know when Monday or Tuesday rolls around and he has no gas money or lunch for work, he better not look my way because I am BROKE!
So the good news, I deposited the $150 my dad gave me into my challenge/EF account, keeping my end of year goal--$1000 saved by December 31( I started November 14th).
Also today I will tackle CC1 making a $120 payment vs. the minimum payment, brining the total down to about $520 the goal is to have this CC payed off by January 31st.
I know I have said this before but I am glad to be back blogging about my finances. This blog keeps me accountable, I'm more embarrass to say I spent foolishly to strangers than I am friends, not to say we're not friends.
I feel as though, those of us on this blog is somewhat a sort of family without faces
Thanks to all of you who read my blogs, who are honest about things that you see that I am blind too, your thoughts and opinions mean a lot to me
Feeling great, I feel like I'm making progress. Yesterday I paid an extra $100 on CC number 2 and today an extra $14 on CC number 3. Friday is payday so CC 2 with a balance of $500 will be paid in full I'm so excited. Then school is out and I should be reimbursed for my tuition in which CC 3 will be paid off with those funds. I'm also almost at my goal of $1000 for the EF.
I have not been keeping track of my budget like I am suppose to, therefore going well over my dining out budget and other things. In addition, I bought a pair of yellow shoes yesterday for $21, which was more of a want than a need. Any how, I have decided to stop adding to the challenge until I pay down the cc. I am planning on paying $1000 once my EF hits $2000. The reason for the high CC, my emergency dental care and my laptop crashed so I needed a new one.
On a different note, I contacted the bank who financed my last vechile (which was totaled) the gap insurance was to pay the difference and did not, thisd I know. Any how when I called they said that there was not a balance due on the account and did not know why it was being reported 120+ days late because the account was paid in full. So the rep placed a request to have it corrected. In addition, a doctor bill that is showing as non payment on my credit report was paid so I sent in a copy of my cancelled check and the bill from the doctor's office to have that cleared up, now it is a matter of finding the other one. I am trying to clear up everythig before I apply for the loan and send in my paper work for the grant on the new house, that way there are no problems
Hope I am making the right decision. I was listening to Dave Ramsey last night when he told a caller it was ok to hold off from contributing to their IRA temporality in order to save for a house. So I decided to hold off until the end of the year and use the $100 that I was contributing to pay down my car. I really want my car balance as low as possible by the end of the year. I figure I am already paying an extra $100 how about making it $200. I just hope I made the right decision
Any how, I received a copy of my cancelled check so I am sending it to Equifax trying to clean up my credit; I am also filling out the loan papers through the credit union to refinance my car at a lower rate
Well today was payday from my partime job, $26 dollars went towards the cc, $63 went towards maintenance for my car and $39 went towards my challenge leaving me with a $100 in my personal accout to last me for two weeks
New challenge total $7228.71
Just checked my credit score and all but 1 went up
657 new--664 Transunion
639 new--647 Experian
622 new--622 Equifax
I am not complaining just a little dissapointed, just have to pay off the cc again and a few MD bills
I also upped my challenge today by adding my weekly $25 to $6761.73
I reaaly want to reach $7000 before the end of the year, but we will see
I have not checked my credit scores in a while since they haven't change at all even though for over a year I have paid my bills on time and paid down or off CCs there are a couple of doctor bills that I have to take care of and an old cell phone bill that my ex did not pay (long story) but I was surprised this month when I saw a slight increase see below, take it from me it is soo easy to screw up your credit but hard as H&&^^ to fix so learn from me and be responsible. Hopefully by next year when I am ready to buy a homethings would have changed
TransUnion Experian Equifax
651 630 611
Now I have been debt free for about 4 months, grant it I have 1 to 2 doctor bills that needs to be paid but my credit score is not going up at all, and i do not under stand why, if I use my card as soon as I get home I pay it off so there is no balance. I pay all other bills on time but when ever I check my scores they are in the low 600s and I am actually closing an account next month because there is an annual fee attached to it
Ok I thought today was ending on a good note but since I have been home and decided to go through my mail and emails it has been terrible. First the $25.00 for the interst now I check my credit score (I pay for this service every month) and my 710 score just dropped, why because I closed the account that was charging
33%+ for interest. Now this collection agency send me a copy of any old bill because I ask them to verify the debt or remove it from my report. Well they sent me an old statement from the origianl creditor which will not cut it. They are to supply me with proof that they are licensed to operate in this state, sign documentation that I agreed to the terms of this debt and way too many other things for me type but I am back on it requesting a second request and if they do not respond with the correct information I am reporting them the BBB and FTC. Oh I forgot to mention it took me an half an hour to locate my internet card, which I paid $179 and do not have any insurance on it...gues what I will be purchasing tomorrow. I guess I will wait to post my new scores I am simply disgusted...seems like all my hard work is dowm the rain
I just checked my TransUnion credit score, ( I disputed a couple of charges)anyway my score went from 618 to 715...I could not believe it. I guess paying more than the minium and payind down debt really helps. I disputed a couple of other things wit Experian and Equifax so we'll see what happens
Finally got around to typing up my follow-up letter to two collection agencies who has not verified my debt and now must remove it from my credit file or I can sue...which I probably won't. But now I have to send out a ton of letters one to the CA, another to the state attorneys office (both FL and CA) then one to the FTC and another to the credit bureau, but at least it is done. Now this time next month my score should have jumped because there should be three things removed...what a long process
Boy it is a long process when it comes to clearing up ones credit. I have to send letters here and there wait 30 days then send another then if ot respond either proceed with legal actions of write another letter to the BBB and the state attorneys office. I have been so busy these last few month. Any way I checked my score and there really wasn't much change. But I have to start with the letters again
Well my credit scor changed slightly for this month. I am really working hard at this because next year I would like to purchase a home. Now the cc that I paid half on did not reflect this change I am sure this would have helped, either way here are the results
Here are my credit scors, I will not be able to get the update until the 5th so I am hoping things will change for the better, especillay since i have paid down some things
I am so disgusted with myself right now
Today was a really good day, I read some ones blog who was doing the "happy dance" well I am dancing today. I got my credit report from Experian who was to validate a debt, well they were unable to do so and it was deleted so I am dancing Now I am waiting to hear from Equifax and Transunion
Ok the two MD bills that appear on my credit was not verified by the collection agency by 8/20 It's good for me because now I can write to Equifax asking how was the information verified and inform them that it has been 30 days and the CA has not reponded to my rewuest, and since by law they have 30 days to respond otherwards remove this inquiry. Of course every thing was sent Certified Mail
Boy this is a long process. This blog is more like an reminder for myself, I sent out letters to Arrow Financial and Midland Credit Mgt (collection agencies) to verify/validate my accounts. They have 30 days from the date of receipt to respond otherwards the account must be removed from my credit report. So we'll see what happens...I still have not heard from the collection agency regading a hospital bill they have until the 22nd which is 11 days away
Cleaning up ones credit that is. I just got my credit report regarding the disputes I disputed with transunion and there was 5 items deleted that's why my score went up 10 points. Now I have to dispute 2 more itmes and hopefully those will be removed. Things are starting to look up
Just got an update from Transunion and my I notice there was a few changes on my CR. But like I said before this is a long process.Previously my scors with the big 3 were:610,595, & 543 and now it's 618,535 & 575 it's odd that two went up and one went down. But I know everything takes time. Any how one of my accounts I am disputing, Transuion found to be in violation of the FCA which is good for me but it was not removed. What do I do now? I guess I can write and ask for debt verification
My goal is to be debt free by 2007 and money in the bank. So I started with the debt validation process, first I disputed some things on my credit reports; Equifax was the first to respond. There are two MD bills, which I am sure I owe from the car accident I was in about 2 years ago. Anyway Equifax validated the debt, I have tried contacting this company since Monday...you are only able to leave message. So now I have decided to send them a validation letter, certified mail of course, in which they have 30 days to respond to my request, if not it gets deleted from my credit report. Can you believe I actually called them to pay the bill but they will not call back so hopefully they will not be able to validate and then it is gone. Next I sent out 12 letters all certified requesting that inquiries in which I did not authorize be removed, now that should boost my score