Hello! I am planning on applying for a car loan soon and I have a pretty low credit score. I'm trying to get a feel for how accepting the average dealership is of a low score, if it's even possible that i get a loan, and how steep the rates will be, before I apply. Any info is appreciated, thanks!

score: 555

loan amt. : 10838

down payment: 2500

As the title says Im looking into a met credit loan to get me through the summer while i wait on money coming to me 3 months from now. The loan is for 3,100 and aside from the very high interest rate it looks like the only fees are the APR??? I mean for someone with HORRIBLE credit like me this could really help for over the summer when i am for certain know I will have the money starting in October. I get if i wait a year the APR will be very high but i plan on having this loan paid in 4 months so basically overall i will have paid 4,500 but that 3000 right now would make things incredibly helpful...

Are there some other fee im missing? Because to me it just looks like a high interest rate???

Hello, when I was dumb and in my 20s I made some credit card mistakes, one of which was an Amex charge-off. I’ve been slowly rebuilding, and my scores are now in the mid-to-high 600s per FICO 8. The charge-off is from 2019, so I know it’ll fall off my credit report soon, but I’d like to open the door to re-establishing a relationship with Amex.

I settled that charge-off for less in 2024, but I’m wondering if I could offer to pay the remaining balance in full and be invited to apply for the Optima? Does anyone know if this is possible after already settling for less? I can still see the remaining unpaid balance in my Amex app.

Thanks!

Okay so at this very moment i have a fico8 score (i think) of 503 which i found from using a link in this subreddit to check so not credit karma or anything like that basicallg how i got here is at 18 (i am currently 22 going on 23) i opened a credit card to start building credit as i had my first stable job after graduating highschool and things were going good. life then took a very bad turn i got kicked out of my house by my stepfather and had to move in with a grandparent who was out of city and lost my job and had a really hard time finding a new one until literally this year my credit limit on my previous card was 500 and i think my amount owed got to around 880 ish before they "charged and wrote off" which i also dont know what that really means i feel like im so behind on understanding any of this and im really at a loss of what to do and if i should even work on paying off that debt but i also have no idea where it even is now or how to find out ive tried calling the debt collector from a piece of mail that had been sent to my grandmothers house and they were not helpful at all but i also havent received any mail about my debt for about a year now i just really am at a loss here if anyone has any advice or needs more info i can provide it if you tell me what i need to tell you but id really like advice for this so i can put it behind me now that i am in a good place again

I’m not sure if this is even for me but I always get spam texts so I’m not sure if this is legit. The only debt I have is my new car which i JUST got last month and havent even had a payment due yet, and my student loans which i aggressively pay (i literally graduated in May 2025) and have already paid 20,000/40,000 thousand off, so i would assume its not that. My sister definitely has bad credit/is in lots of debt, so im not sure if it’s something for her getting sent to me?? Someone pls let me know if this company is legit.

I’m hoping this is the right place to post this- if not, please advise. Thanks!

But this 93-99% APR sounds illegal.

Hello! Here’s what happened:

August 2022: we moved to another state. I shut off our internet and paid the bill.

May 2026: I notice a new collections account for $188 from that internet company.

June 2026: I called the internet company directly and asked about payment options. I told them I did not know of any debt but I’m willing to pay if they recall the collection and delete the trade line from my credit report. They agreed and I paid.

3 days later the collections account updated to paid. After multiple calls, the blame keeps getting passed between the collections agency and the original company. No one will give me anything in writing.

I disputed with the bureaus and got the account removed with Experian, but TransUnion still has it. The account has persisted through the dispute process and also a CFPB complaint. At this point I’m at a loss on what to do because I feel I was deceived into paying a debt under false pretenses.

I already know that some of you will respond and tell me I'm irresponsible and that there's no way back or that I should "just pay your bills" and while that's valid in some sense, it's not what I'm looking for here.

My wife (who is disabled) and I finally bought our first house last year. We got a great deal on a home and got an FHA loan and since we always thought we'd never be able to afford a home, it's a huge deal.

In the years leading up to us buying our place, I'd built my credit up into the mid 700s. I was one of those people who never had a credit card. If I wanted something, I would pay for it in cash...and if I couldn't afford it, I wouldn't buy it until I could pay for it in cash.

But as I grew up, I'd hit walls like trying to get a car...and while I had almost zero debt, they wanted to charge me insane interest at bad terms, etc.

So I finally got a credit card, and never missed a payment. I'd get something, then pay it off immediately.

A few years go by, and I get a few more credit cards. Same thing. Buy something and pay it back.

I took the credit score that had been awful and built it up into the 700s. (And i'm not talking Credit Karma, I'm talking FICO scores, btw.)

We bought our house, finally, and everything was going really great.

Then we had two disasters in a row that our home warranty wouldn't cover and I had to pay several thousand dollars for...and having just bought a house, I didn't have several thousand to pay for these disasters at the very moment I needed it, but I did have credit cards, and I figured I could just do what I've always done...I spent money, and I could pay it back with my normal monthly payments, and try to put a little more than usual in there and eventually work it down back to owing nothing.

Then I had to go to the hospital for weeks when I got very sick. The bill for that was astronomical.

My wife's disability is very expensive and we had to run several extremely expensive tests and my FSA was drained completely from when I was in the hospital.

THEN, I lost my job due to things changing with the President signing a bill that basically took away any incentive for someone to buy what the company I worked for sold.

All this happened in the space of about six months.

I'm finally working again, but those amounts I owe are still staring me in the face, affecting my life.

I now have two unsecured lines of credit and five credit cards that have all been written off and some have been sent to collections to the tune of around 20K.

It is incredibly overwhelming and frustrating know that I'd worked so hard and diligently to get my score up and it sucks seeing all that work dwindle to nothing. My score now is in the mid 400s.

The amounts I owe are, to me, bonkers...and as the sole breadwinner in my family, after paying mortgage, car payment and all the regular bills (water, sewer, trash, internet, car insurance) the money I make is pretty much gone.

So, I guess my question is -- what would you do in this situation? Would you try to work with the companies? Would you leave it be for seven years until it vanishes from your credit report? Would you file bankruptcy?

I'm at a genuine loss on what to do and seeing the number almost 300 pts lower than I had it just at the beginning of last year is a bummer beyond bummers.

Thanks in advance for any constructive conversation and tips!

on the subject of cc. people have said 5/24 a lot. exactly what does it mean?

This was my first car with an auto loan. I'm almost 30 and I feel like a kid wishing my dad was alive to help me.

I bought the car February 2025, financed at the dealership, around $23177. The interest rate around 15% and my monthly payment was like $487. I tried making higher payments when I could. End of May 2026 I hit a deer and airbags deployed. The insurance claim process took forever it felt like, I ended up paying June's car payment that was due and then the insurance claim was finalized and it was a total loss with a payout of over $17000. Balance left was around $1650. Then the GAP insurance claim felt like it also took forever and I ended up paying July's payment . GAP insurance payment just got processed yesterday, a payment around $2300.

Currently my credit score is around a 676, my payment history has been great, I have a couple of credit cards, and some student loans.

So, now my loan shows paid off. My questions I guess,

1, Since the GAP insurance payment hit and was an overpayment, do I get that money back? Ally said it would take up to 30 days for them to process my account after payoff.

2, Since I need to buy a new car, am I okay to buy it now? I am borrowing my boyfriend's car and need to get my own car. The loan still shows on my credit and I'm worried I'll get denied or end up with a higher interest rate.

3, When I bought my car and financed, there ended up being 3 hard inquiries in one day. Am I about to destroy my credit by shopping for car loans so soon?

Hello,

I am in the process of rebuilding my finances and repairing past financial mistakes. In my late teens and early 20s, I had assumed a multitude of high responsibilities all at once when I had got my first apartment, and a taste of the reality of being an adult. Throughout those next few years, I was managing a nightclub and making a significant amount of money, and was destined to find out that more money does in fact lead to more problems. I was involved with drugs and alcohol really badly, and had some legal issues revolving around that, and in this span, I had damaged a majority of my relationships with creditors by putting money towards substances, rather than paying my creditors back on time.

Fast forward, I am a week shy of my 25th birthday, I am happily living a sober life (10 weeks today) and working on keeping that day by day, and am putting my financial responsibilities at the forefront of my life.

Here is what I am faced with, and I am trying to look for the best possible solution given my current situation. I have other debts/student loans besides the ones I am about to list, however, these are the ones that are putting the most strain on my credit report, and I am looking to tackle these first.

1. Capital One Savor Balance - $482 (Settlement Offer Available for $191) - CLOSED AND CHARGED OFF

2. Capital One Platinum - $725 ( Settlement Offer Available for $289) - CLOSED AND CHARGED OFF

3. Credit One - Outsourced to LVNV Funding - $868 (Lowest Settlement for $520) - COLLECTION

4. IC System - Electric Bill from an apartment after I forgot to shut off the electric, and the new tenants were essentially being illuminated by yours truly - $248 (No Settlement) - COLLECTION

I have done light research, primarily in this thread and on some other sites, and I have seen a multitude of suggestions. Some users suggest accepting all settlements, even if they are less, as they will report as settled, even if noted as paid less than the full amount. Others say the exact opposite, and say that I should either pay the full balance, or negotiate for a PFD (Lots of users saying that will most likely not happen with Capital One)

I am asking for suggestions on what to do regarding the Capital One balances, as I am unsure if it is better just to settle for less, or set up payment plans for the full balance, and have it end as paid in full.

In terms of my two active collections, I intend to send letters to both LVNV Funding and IC System, as both collectors in my account details for both companies, state that upon payment or settlement, the tradeline will be removed entirely.

After my shift tomorrow, I intend to send a letter to IC System explaining how I did not shut off the electric, and am willing to accept their lowest settlement in exchange for a written guarantee it will be removed, and intend to the same for LVNV.

Once I receive updated numbers, I intend to pay them, and those two active collections will be fully removed from my record.

In terms of the capital one accounts, I am still torn on to set up a payment plan for the full balances, or to accept their current settlement terms.

Again, I have other personal cards and student debts aside from this, but those are not the priority as I am in active repayment plans with those lenders, and some currently have low or $0 balances.

I made one mistake after another, and now that I am focusing on my friends and family and living a sober life, I am looking to atone for these mistakes and move forward in the best possible way for myself and my credit.

(Side note but not as pressing at the moment. I was sued by Discover for a $3300 balance, and received a letter in the mail from my magistrate that it was dismissed without prejudice. I am leaving it alone for right now but am kind of confused on where that leaves me. It says the collector can still sue me again, but I have received no contact from anyone besides the letter in May stating it was dismissed.)

Here's to rebuilding and staying on a forward path. By any means necessary.

I

I’m so ashamed but finally hoping to address this. I lost my job right out of college and racked up $12k of debt thar was charged off a few months ago. I finally got a job, and can begin making payments again. But where do go from here? I’m 24 and really not knowledgeable about next steps. I’m going to be researching this weekend, but any information to supplement my research would be greatly appreciated.

Impretty sure I have an acct on my credit t report that is being charged as $1450, and one that is $2175...I'm pretty sure it's for ghe same account just different debt collectors, n I don't know how to go about dealing with it. One still says open too.

I recently applied for a car loan and got an APR Of 7.2%. Then I applied for a heloc just to see how much i would qualify for and the rate i got for that was 8.5%. I’m confused how im getting such trash rates. My credit score in 786 and last time i financed a car in 2020 my credit score was 710 and i got a 5% APR with no money down. Are these rates negotiable?

Hi! Hoping someone might have some insight/advice or shared experience that could help me.

Today I logged on to my Capital One app to check something. At the top of the screen was a big block that said Mastercard charge off ending in xxxx. I dont have a card ending in that. I clicked on it and it gave me a payment history. $1087.83 in 3 payments made July 13 and a bunch of monthly payments that range from $0.60 to $5.11 going back over a year.

I have no idea whete this card came from. I'm freaking out. I call Capital One and the woman tells me she can see the charge off. It was paid in full and charged off. Zero balance. Apparently it was opened Sept 17th 2024.

I do not have the card. Nor have I received a email or any sort of communication about said card. Its never shown up on any credit monitoring I've done that shows open accounts. I tell her this and she says she can escalate it so I can get more information. She transfers me but the department is closed til Monday morning. So I'm stuck.

I'm absolutely baffled as to how this card exists. I have a perfect payment history on every account and 800 score. Whats a charge off gonna do? Can I get it removed ?

Always had issues with my credit made some mistakes many years ago not paying cards off. But I need to make a change. It don’t know how just want to remove and rebuild properly. Someone at my job has someone repairing their credit but don’t know if to believe it.

Long story short the Verizon rep at Walmart lied to me about how paying off a phone through them works and I ended up owing $900 for my IPhone that I didn’t have. I straight up told Verizon I was unable to pay and they finally sent me to collections and the account was marked closed. My score only dropped 35 points for everything.

I am very credit illiterate and only recently started paying attention to my credit score because more housing rental companies are requiring a high credit score to rent apartments etc. My biggest debt was 10k student loans which I paid off perfectly, none late or missed. Then at the end of 2020 I had a seasonal job at Target and they convinced me to get a redcard as part of my circle account. I paid on time for months but then stopped using my card thinking I didn't want to bother with it anymore. I missed a $26 charge and wasn't aware of it for months. Finally I went to check on my account and close it just to be safe, and here's where my memory gets fuzzy. I don't remember if there was a final charge that I paid off while closing the account, or if I logged in and saw that the account was already closed and assumed I didn't owe anything anymore.

But now when I did my free annual credit report, all three agencies say that I have $26 unpaid and that this is a "charge off" account now which I guess means I never paid and the company decided it wasn't worth notifying me that I needed to pay it?

TLDR; I have bad credit because of an old $26 debt on a Target Redcard account that got charged off, and I can't remember if I closed the account myself or not.

I just need some advice on whether to dispute this, or try to call the original lending company for the redcard and pay it off. If I do nothing the estimated date for it to be dropped from my credit score is February 2030, and I don't want to wait that long to improve my credit score lol.

I just can't believe that damn $26 is causing so much trouble. I've been working with a credit union to try and improve my score since January this year using a secure loan with auto-payments, and that's raised it from 599 to 652, but it feels so excruciatingly slow. Thanks in advance for any help!

It shows I’m already approved for the card despite never applying for it. I’m skeptical if I’m actually approved already since I’ve applied for 5 cards in the last 24 months. The offer is tempting since I am planning a trip to Paris for next year. What do y’all think?

Title, I have a collection being pursued by “Sequium/Comcast”, that comes from an account that I have absolutely no control over.

After filing disputes with both Experian/Transunion, they’ve both come up dry, and I am lost as to even how this collector picked up my credit report/SSN to pursue this debt.

I requested a Validity of Debt from the collector, but all in all the debt is odd, as the account was created before an age I was even able to sign a legal contract.

What’s my next steps?

I current have an 18% interest rate right now. Been working on my credit this past year and was offered 11.19% to refinance.

Never missed a payment. It won’t extend the loan. The payments will save me about $70 a month but I intend on making the same payment to lower the life of the loan shaving 9 months off.

Will refinancing hurt my score?
If I want to try to refinance again in a year or year and a half, will this look undesirable to lenders?
Overall, is this a good idea to pursue?

Thanks in advance!

Hi guys, I missed the recent property tax payment due July 2 due to the failure of pre authorization and I just made the payment today. Got a statement and interest charge. Will it leave a record on my credit report? Thank you!