FICO

Date: Fri, 06/10/2005 - 15:06

Submitted by anonymous
on Fri, 06/10/2005 - 15:06

Posts: 202330 Credits: [Donate]

Total Replies: 2

My credit score is 632 and I want to buy a mobile home so I had a report pulled and I have been working on it to get it fixed. I have disputed several items and in the last month I went from 629 to 632 on my score. I am afraid I am not going to be able to get my home without using my land and I don't want to do that. I really want this trailer... Please tell me how you can help me.

Hi MarilynWelcome to the forums. Your credit score will be t

Hi Marilyn

Welcome to the forums. Your credit score will be taken into consideration when you are looking to purchase a new home.

Your three digit credit score will determine the rate of interest that you will pay for the money you borrow from the bank. A credit score of 720 - 740 will never let anything go away from you.

Following factors actually hurt your credit score. Please check if you have fixed all of them.
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Any possible errors in your credit report.

Any accounts that don't belong to you.

Some late payments that were actually paid on time.

Debts paid in full but are shown as outstanding.

Any old debts that should not be reported any longer (Negatives are supposed to be deleted after 7 years except bankruptcies which can stay for 10 years)

After you have repaired the following errors, please get all your credit card dues paid as soon as possible for a faster route to a better score. It usually gives an increase of 20 points if not less.

However, when you are on your way to increase your credit score, never close any unused accounts. Closing any unused accounts will never help you; on the contrary, it might hurt you. If you close it without paying your debt, it changes your utilization ratio. Actually, it is your total amount of debt which is divided by your total credit available to you.

I am sure that you have made all arrangements to make your credit report look boosted up.

If you are concerned about your outstanding debts to be paid, debt consolidation will do the required adding positivism to your credit report.

After all your debts are paid through the debt consolidation program, your credit report will have a worthy score.

We hope to hear from you enrolling in the debt consolidation program for positive results.

Regards
Roxette

lrhall41

Submitted by roxette on Fri, 06/10/2005 - 15:52

( Posts: 4009 | Credits: )

mobile home

Hello Marilyn,
Welcome to the forums.

Marilyn, under the current circumstances, I would suggest, that you might consider enrolling yourself with a debt consolidation company.

Since, you do not wish to pledge your land, you may think about taking a debt consolidation loan. I am sure you will be befitted by this option.

Hope this information helps you.

Feel free to come back to the forums, if you have any further queries.

Regards,
Peter

lrhall41

Submitted by peter on Sat, 06/11/2005 - 03:38

( Posts: 285 | Credits: )