Alright, so current situation sits as follows. I have one account with My local Credit Union, with them I have a mortgage ($77,000) a small auto loan ($4200) that I used for repairs, and a Best buy credit card ($300 Limit). As of right now EQ shows me at 626, and TU at 720 on each of their respective online sites. My EQ dropped a few points when I applied for the Discover card and got denied. I make about 44K a year. I have no collections, settlements, or other outstanding. My negatives on my report are three 30 day marks on a Auto loan closed in 2011 (Americredit). the Baddie is the student loan I fudged on and totally forgot about a year back or so and let go 90 days before I got a letter and paid it.
I have been good on my payments, and the only inquiry on my reports are the CU loan and my failed attempt at the Discover card. My goals. My car is no longer classifiable as reliable. I want to get a new car ~30K, and refinance the house, with the idea of taking about 15-20K on the house to put down on the car. My mortgage is what they call an ARM first five years at 4.5% after 5 years it goes variable. I'm about 2 years in.
The credit union says they start their Mortgages with cash pay outs at a 620 beacon score with 4.5 being the best possible rate, and the auto loan is obviously dependant on who I finance withthe Union saying theirs is 6.99% currently.
My biggest question I guess is ideas to up my score, as there is nothing left to dispute, I want my EQ at at least 650 and TU i haven't got a clue since their range is out of synch with EQ. An idea of time required with 100% positive payments to move my score if it's even an answerable question as well. Also any advice. I'm 31 but all this adult responsibility, and finances is still new to me. This is me getting my crap together and making goals before I grow old and broke!
