Several years ago my ex ran up a ton of debt in my name - after we split I tried to take him to court but lost- so I have four charged off accounts and a collection on my credit report. One of the charged off accounts was a $15K car loan. Oldest CO is 2022, most recent 2024.
My other factors are:
1 credit card ($0 balance)
3 student loans ($5K total balance)
Time since last new account: 5yrs
Average age of accounts: 12yrs
My understanding is that even if I paid my ex’s charged off debt, the negative items will still impact my credit - bc I have so few accounts of my own my on-time payment is only 50%. And with my score so low Im not even sure that I could get another credit card, or increase my current limit.
I make decent money ($250K+) and get monthly SL repayment through my job (which is why I haven’t just paid it off completely) and own a house outright (no mortgage).
In the next couple of years I’d like to start a family - but I feel like I’m in credit hell with no way out. Does anyone have advice on how to fix this?