- Posts: 1
- Joined: Thu Sep 27, 2012 11:21 pm
- Location: CA
Up until march 2012, my credit was excellent. Fico ranged from high 700s to low 800s. Long credit history. Several auto finance and all paid.
Lost job beginning of year and began falling behind on payments. Have/had the following cards with limits:
Amex Costco: $5500
Bofa world points: $11000
Cap 1 rewards: $2500
Since then, Amex closed account, bofa closed account, and BMW just closed account. None are in chargeoff, but getting there. Pretty much snowball effect.
My car lease is up in January, and I plan on buying a used car.
Any advice on what to do to rebuild? I made a payment arrangement with Amex and now they're happy. Want to do the same with bofa and BMW to stop credit from going further south.
Thanks in advance.