I have been working on my credit since August. Getting it from about a 600 to now (last time was pulled by lender) to a 638. I have gotten incorrect information off my credit reports for the most part. I have a few im still fighting with. But now that my tax return will be available within the next month or so I will finally have the funds to pay off (or down) my CC with a balance of 800 (CL is 2,000) and my installment loan, which I owe 600 on. I will be attempting to get a Construction loan from out local bank and they said so long as my credit score is within 640 and 670 I will get a 4% intrest rate, which isnt amazing right now. But its definately do-able. I also have a very old (2007) Medical bill I am debating whether to pay off or not. Is this a good plan that should get me into a favorable range to get an OK percentage rate? Or had anyone themselves gone through a construction loan process? Any help would be greatly appreciated! Thanks
Pay down your util, and if possible PFD the medical bill. You should be good to go.
Never said you weren't crazy, just that you're headed in the right direction. LOL
Hahaha, for the record though dealing with this kind of stuff made me this way!