i have a credit score of a 577 576 and a 567 i want to know how much my score will go up in six month?
im going to pay off 9 bad debt one a car and some medical and i have for open account which im never late 2 which are card card and i only have about 26% on them and im trying to buy i house in 6 month do you think my credit score raise so i can?
Public Comments
- Go to http://www.myfico.com/. This is the site for the FICO score, which is used by more banks and lenders. There is plenty of information there about your credit score and what affects it.
- With your credit score, you can buy a house now. The rate will be high. If you pay back the debts, the score will go up a little each month as the former delinquency gets older. It will go up, also, because your total debt will be a smaller percent of your total account limits. When considering the amount to lend you, the lender will consider your total indebtedness. It is here that you get the real benefit of paying off the debt.
- If the bad debts are in collection without a promise in writing from the collections agencies, or those you owe the money to that upon payment in full they will be removed from your credit rating, they will remain there for 7 years. If they do not agree paying them will not improve your credit score at all. In addition with today's market and the tightening of credit hope you are not looking for 100%. Your will need some down, and have closing costs already in the bank when you apply.
- Find very useful info and tips on getting and managing credit cards on http://creditcardmanager.credithelperhome.com
