Whooo hooo – THANK YOU ALL – Celebrating small victories

Nov 082010
 

I am officially in the 600 club – 612 as a matter of fact!  AND I could NOT have done it without all of your advice and support!

 

I still have some more baddies to go but it feels good that I am 8 points away from being able to qualify for a mortgage (even though I would like a score in the 700s to get a better rate)! 

 

I cannot express how great I feel!

Old Collections

Mar 182010
 

I am attempting to get a home loan and I am only 23 points away from being approved.  I only have a couple of old collections on my record but the last time I paid off several old collections it caused my score to go down almost 100 points and it took almost a year to get 1/2 the points back.  My lender recommened paying the collections only if the collector agreed to delete them once they were paid but the collector indicated they are not allowed to remove things from your credit record.  I do not mind paying these off if it will help my score but I can not risk my score dropping when I am so close.  Also are there any tips to get my score up just a little?

I’m excited about a recent score increase

Mar 132010
 

February, 2010  EX-485  TU-488

March, 2010  EX-510  TU-536

 

My goal is 620 or above

 

My score increased just by bringing a past due account up to date. I can’t wait to see if I will get an increase in my score with me recently paying one CC from 98% utl to 10%utl. I also paid another CC down to $0 and another from being over the limit to 45%utl. Was also able to get a PFD for a car loan charge-off.

 

Any idea on if I will see a score increase????

Â