Some Advice on Fixing my Report
I'm trying really hard to get my report up to speed. I just got out of default rehab with my student loans so that will look good. I am about 6 months in to debt management program, but unfortunately all but one of my 5 accounts on there are collection accounts. So how does the reporting work with those people? Does anyone have any advice on how to go about removing those kinds of negatives?
Also, I have one account that seemingly is confusing me...it's my 1 credit card account appearing on there. I opened the account in February of 2000 and first went delinquent later that year. However, the space (on Equifax) where it says Date of First Delinquency is blank. It also says there was a payment in October of 2005. The account charged off for a balance of 1541. The balance now says 872, with a CL of 500. I am not sure when this will drop off because on my TransUnion report it actually lists when things will drop off your report and it says October of this year for this account. I'm not exactly sure what happens.
My other big hindering factors is that I have no credit other than my student loan. As you can tell from above my score at this point is extremely low, so I''m not sure how I can go about getting some positive credit to offset things. Ideally I'd like a card that I would pay only my cable bill with and then pay off that card each month (since cable companies don't report)
Anyway I know that's a lot but I'm just having a hard time finding a starting point. Any advice is highly appreciated. I've read a lot of things and ways to get things deleted but I'm not sure how true any of it is.