03-18-2013 06:53 AM
Hi all. Any suggestions for a mortgage loan with a 619 fico score? My wife's score is middle score is 619 and min is 689. She has 8 paid medical collections on her credit report from a really stubborn CA. Everything else is fine except one high utilization that hasn't reported yet. Here is how it looks right now.
Cap 1 $50 $750 limit
Cap1 $50 $750 limit
Best Buy $63 $400 limit
Walmart $513 $700 limit Paid down to $63 dollars waiting to reflect on CR
Sallie mae 2 90+ day lates from a deferment paperwork mix-up(emailed customer advocate center last night)
8 paid medical collections.
I was wondering if a CLI on the cards will help the score.
Pulling my hair out here.
Thanks in advance for the suggestions.
03-18-2013 07:01 AM
Paid the CA. We didn't even know we had them until we pulled the report last year. That's when I found this wonderful forum. After reading the information here I was able to raise my score from low 600s to where they are now but my wife's have been plummeting.
03-18-2013 07:28 AM
You may just need time to let them age a bit more.
What you could do is call the hospital, explain that you are buying a house and the collections are hurting. Sometimes if you get a cool person they can contact the collector to have them deleted.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.