Current scores:
EQ-595
TU-635
EX-641
Income $65,000 - Cost of house in my area $200,000
Installment loan- $300- yr old- never late
Revolving Credit- Solid payment history for past 1 1/4 year (went about 3 years with no credit cards)
Bads- Cahrgeoff from 2004- HSBC- 0 balance, TARGET 0 balance- the killer- CRAP1 -$2400- keeps updating as chargeoff everytime I dispute- Several late payments on previous car loan about 1 1/2 yrs ago.
No Collection accounts
I switched careers in 2004 and ran into serious financial difficulty resulting in the charge-offs. I got back into my carrer field in 2005 and have steadily improved by financial standing.
Current on time credit:
Auto loan 11,000 balance- nevr late- paying bi-weekly
CC- 3,000 CL 1/2 year old- balance 1,000
CC- 1,000 CL secured - balance $40 -9 months old- goes unsecured at yr mark
CC- 1,000 CL balance 0
CC- Kay 3,000 CL balance 0
Line of Credit ffrom Credit Union- $5,000 balance 0
I will have all the balances at 0 (except Auto loan) in two weeks.
What do you think my chances of USDA or FHA first time homebuyer is? Thanks
