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Regular Contributor
Posts: 230
Registered: ‎09-22-2012
0

CLOSED!!

Well, back in July I officially began creeping on this forum, and joined here in Sept with dismal credit scores (400s). Now, a mere 6 months later, we are living in our new house. We closed Monday morning. We ended up getting 3.75% interest, 240K loan, and our midscore was 630. I want to thank everyone here for their help in this process, and I want all the newcomers and those who are hoping to buy a home to know that it can be done. It takes a lot of work, and patience, but you can do it. Never give up! Thanks all! 


Starting Score: EQ 416 TU 498 EX 468 Lender Fico's July 2012
Current Score: EQ 548 (Myfico) TU 655 (Walmart) CK 672 EX?? CS 642
Goal Score: For now: 640s


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Regular Contributor
Posts: 224
Registered: ‎08-10-2012
0

Re: CLOSED!!

Wow, that is awesome!  Enjoy your home, you deserved it!




In The Garden Until 11/01/15 - Last App 11/03/13
Frequent Contributor
Posts: 367
Registered: ‎01-14-2012
0

Re: CLOSED!!

Congrats!

Valued Contributor
Posts: 3,406
Registered: ‎12-19-2012
0

Re: CLOSED!!

CONGRATS!!! Enjoy your new home!!! :smileyvery-happy:
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! :smileyhappy: Last App: 4/5/13 Gardening until July 2014
Valued Contributor
Posts: 1,146
Registered: ‎11-30-2012
0

Re: CLOSED!!

Wow that's fantastic! Congrats! How did you improve your scores so quickly?

Regular Contributor
Posts: 230
Registered: ‎09-22-2012
0

Re: CLOSED!!

I called the creditors relentlessly, and got GW deletions on a couple old lates. 

 

I wrote a lot of GW letters, and got some deletions. Not a single PFD worked for me.

 

I filed disputes on all inaccuracies, even ones with stupid things like wrong dates, etc. I filed and refiled several times. 

 

I also used the CFPB for a couple duplicate accounts that the disputes didn't resolve. 

 

I paid our credit card usage down from 100% to 30%. And I made sure everything was paid on time.

 

I used Credit Karma, MyFico, Credit Sesame, and Walmart FICO to track everything pretty much daily. I learned when accounts were updated, etc. and watched it all like a hawk. 

 

The major jumps happened early on, and the rest was slow and steady. Good luck! 


Starting Score: EQ 416 TU 498 EX 468 Lender Fico's July 2012
Current Score: EQ 548 (Myfico) TU 655 (Walmart) CK 672 EX?? CS 642
Goal Score: For now: 640s


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Valued Contributor
Posts: 3,302
Registered: ‎06-09-2010
0

Re: CLOSED!!

Congrats excellent job...

 

Keep up the good work even now....

Good Luck
May all your dreams and wishes become a reality!
Valued Member
Posts: 36
Registered: ‎01-23-2013
0

Re: CLOSED!!

CONGRATS!!! I have a couple of questions. I see your scores were low e when you first started. What other debt do you have like student loans or auto loans? Your story is so inspiring . We feel like we may have to wait a year or later but it sems as if we start working right away we can make moves much sooner. I am worried most about our debt to income with student loans end auto loans. We have a couple of lates on bill me later and cc, one charge off and a small tax lien. we also have high cc utilization but that can be paid down much quicker than student loans and auto loans. Thanks in advance and again CONGRATS!!

Super Contributor
Posts: 6,460
Registered: ‎07-03-2007
0

Re: CLOSED!!

congrats

you earned it!!

 

* While I try to visit the forum often, please feel free to contact me directly with a link to your post if I fail to answer a follow up question.

* Lending across the entire 'Great State of Texas' since 2004
New Member
Posts: 16
Registered: ‎12-03-2012
0

Re: CLOSED!!

HOORAY!

699 EQ
721 EXP
711 TU

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