Accounts in dispute

[jwpezd]

Does anybody have any good ideas to get some of these removed sooner than later and boost my score quicker?

[maluba]

I'm right there with you. Actually, it sounds like you might be doing a bit better CR and score wise. I'm working on my husband's reports and they are something of a mess. COs, JDBs owing most of his debt and a nasty judgement. We want to start hosue hunting by this summer too because we'll have 2 toddlers by then and a barely 900 sq ft apt isn't going to cut it. So I feel your pain. That being said, I agree with the previous poster who said to be patient. I don't have any real advice on how to get your score higher, hopefully someone else does. But if it's better to wait, please do. You don't want to get caught in a situaion where you'll have sky high interest rates and end up incurring more debt, which might lead to a foreclosure. It's a hard pill to swallow (I'm trying to swallow it myself, in case things don't work out) but don't get frantic.

That being said, have you looked at the USDA (aka a Rural Development loan) or an FHA loan? They'll work with a 640 score, so that might be an easier goal to work towards.

[jwpezd]

We will be doing FHA with out a doubt. 640 was my goal. I'm in the low 600's now wit 66% util. I thought when I paid those off with one reporting 9% that would put me over. That was until I learned all this. Feeling rather defeated.

[maluba]

Be pragmatic, but don't ever get defeated. You can do this. It might take a bit longer than you might like, but it is possible Have you ever tried to GW those lates? I'm failry new to this process too, so I'm just throwing stuff out there. Can you pay down some CCs to get a lower util?

[ktl72455]

FHA with 560 score

If you don’t have a lot of time just read this part of the FHA loan guide.

• You’ll need a verifiable with tax returns source of income, a credit history with a mid credit score of 560 with C-Mortgage.com ( most other lenders require 640+), and a 3.5% -10% down payment plus closing costs.
• Closing costs can be added into the sales contract and paid by the seller. Ask for 6% accept no less than 3%
• We do offer FHA 580 credit score loans as well.
• Note with manual underwriting FHA loans are available for individuals with no credit history.
• Credit scores less than 580 can be improved quickly...removed link

[Burned2manybridgesB4]

The paid CO you could GW to cap, but they're known not to be receptive to being "helpful."

I fail to understand the "not paying" comment about the SL's in default. What does being a PT student have to do with contract obligations? Obviously you do have to pay, since it's being reported in default.

Anything listed as a charge off, or late 90days, or greater will hurt until they're gone (CRTP). If ever paid, the goodwill attempt may work.