Hi Emma and welcome to myFICO. I moved your thread to the rebuilding board.
I know you are trying to get a mortgage but right now you need to repair/rebuild and then move forward.
Thanks for your understanding-MarineVietVet, myFICO moderator.
Hi all,
I just want to say thanks firstly for all the great advice offered here. I have been a lurker for a while and find this a great resource.
I "accidentally" found a great property while looking under the RV sections of Craigslist for an old RV to rehab. Long story short, I am going to buy the property and I pulled my CR last week and have several items that aren't right and, of thise that are, I need to try and have removed, etc. Most of the items are medical related from the birth of my some and a car accident several months ago. Of these medical bills, some are due to my HR person not adding my son so they are incorrect. Yesterday, I was able to contact two of the OCs as well as the corresponding collection companies and they are going to get the insurance updated to reduce the debt accordingly and I am paying my share (the remaining balance) in full right away. They have agreed to delete the accounts from my report. That would be 2 collections and two of the OC accounts. I will try to do that with the others as well but obviously some may be less cooperative.
One other glaring item is another medical collection that has 3 listings on my CR only the highest of which I think may be accurate. I assume the 2 that aren't correct will be easier to remove but but the final one may be harder. It's actually for something that I could argue I didn't approve but it's a gray area. I don't have the $1000 (the largest bill amount) right now but I'm wondering if I need to "find" the funds if I want both the orig debt and the coll account to be deleted. I assume I can't settle for less and get it deleted. Also, if they won't delete, I assume should leave them as is and not risk any updating sinve they are several years old.
When the 4 acconts I described first are deleted, I'm wondering if that will be enough to get my score up 100 points which is where I need to be. I am worried about doing anything that could risk a re-reporting such as a settlement unless I get a written PFD.
Other than these medical debts, I have a few credit cards that have never been late on and I recently paid them all down to about 10% Util hoping I will get a score jump for that as well. Nothing yet but it may take a couple of weeks. Can i call the cc companies and ask them to report now?
I plan on cleaning all of these up after the closing but my main concern right now is raising my score right away and not doing anything to risk any further nedative reporting.
Any advice?
