General Credit Topics

[Lennall]

Hi everyone,

I am in desperate need, I am about to close on a home and am desperate for some help or answers or guidance any and all of the above, PLEASE!!!

Two months a go the lender pulled my credit score, 674 was my middle score he pulled.  Today, two months later the score dropped by 76 points.  Nothing has changed, I don't he new inquiries, nor was I late on anything.  THe only change was that I lost a credit card last month and requested a new one from HSBC. 

Please help, what can I do, I am going to loose the loan :-(  I am desperate.

[llecs]

If your then-mid score dropped by 76 pts to 598, that doesn't necessarily mean that your mid-score is now 598. What was lower of the three scores?

Your lender pulled a FICO of 674. Where did you pull your new score from? Did the same lender pull it or did you get it from another source?

[AndySoCal]

For a score drop that much at least one account that was current is now delinquent or has new delinquest information.

[mhardaway]

Hi,

I have ran into this same probelm yesterday. How did you get your scores back up to close on your home. I need HELP we are suppose to close in 3 weeks. On 3/5 my middle score was 651 and now has dropped to 575. Nothing change on my credit report since 3/5 until this date.

[MamboItaliano]

What did you pull that indicated your score is now 575? 

[Walt_K]

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mhardaway wrote:

Hi,

I have ran into this same probelm yesterday. How did you get your scores back up to close on your home. I need HELP we are suppose to close in 3 weeks. On 3/5 my middle score was 651 and now has dropped to 575. Nothing change on my credit report since 3/5 until this date.

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Look more closely.  Something must have changed.  Provided you are making a comparison between the same scoring models, that is.  Did you get the 575 from your lender, or did you check the score yourself through someplace?