Help me? Don't know anything anymore.

[jack62]

to mods > I've read the forum, stickys, etc
for about a week now, and just don't get some things. Hence this thread.

BK discharged 5/01/05.
Did not re-affirm home, but still paid for another year. Marriage fell apart, currently separated. To the point. I pulled all 3 CRA's and all 3 are very similar. 652,655,672.

I want to rebuild my credit for the right reasons, not the wrong. I found most things match exactly. Some things that do not. And one that is just wrong. (previous address only)
I don't know what to dispute, what to let it be, etc.... I need help sorting through it. I had at one time 21 open accounts. As you can imagine, I feel overwhelmed at the moment.

Just to give you one example of what's on the report: WFNNB/Service Merch PR. Opened 9/1/95. Status: Open/$0 Balance/ good standing.

Problem?: This is a Service Merchandise line of credit I used to buy a TV 12 yrs ago. Service merchandise filed for BK in 2002. They no longer exist. ????????? So how do I have an "open" account with them? Lol.

This is just one, among many weird things showing up. I'm begging for help. Would love for someone in the know to take a look at all 3 of my reports and guide me in where to go from here. After BK, Separation, losing my home to Foreclosure I just don't know where to turn.

Thank you for reading.

[thinkingbk]

Hope this helps!
When you seen any errors on the report ie account balances/Previous address you definatley want to dispute here are some reasons why:
1.some with the same names as you address might have showed up on the report. Or it may be some one has gain access to you personal information and tried to get credit in your name.
When it comes to old account that show a 0 balance that is a for you when your rebuilding your credit.
Remember credit scores are made up mostly by payment history, the type of balance you carry/ How long you credit has been open.
I hope this helps I work in an industry where I have to read credit reports on a daily basis.
May be there are other on this forum that can chime in with some advice for you

[B12]

The Service Merch acct is a good thing. Do not close it because it shows history.

Google "credit forums". There are many sites that address credit report issues and can probably be more helpful than this forum.
I have used them in the past.

[lrprn]

Here's some excellent online resources that cover how to clean up your credit reports -

http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre03.shtm

http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre21.shtm

http://www.allaboutcreditreports.com/CorrectYourCreditReports.cfm

http://www.choicetrust.com/xsl/faq/fcra/fcra_consumer.htm

Read through these and you'll have a good idea (along with some excellent form letters to use) how clean up your credit reports.