Reply
Frequent Contributor
Posts: 416
Registered: ‎08-09-2009
0

Boosting options--PLEASE HELP

My scores are below, I want a home loan in may, I have paid off all collections although unfortunately I was unable to get them removed from my report. I have diversified my credit accts, I have 6 cc, a line of credit, 2 auto loans, student loan, all current, no lates in almost 2 years, util up and down between 9-30%, depending on the month, I have been experimenting with this to get the optimal score..... I'm at a loss, I need a big boost bad in the next few months. I am gardening as they say here, no more credit apps until I get a pull for mortgage. Any suggestions would be greatly appreciated and considered!!
Thanks!


Starting Score: 460
Current Score: EQ 672, TU 691 EX 663,
Discover IT 1200, Freedom 9500, Slate 4800, Amazon CC 4000, Marriott rewards 7000, AMEX Green NPSL, Walmart 3000, barclays rewards 2950, US AIR 4000, MAC 3000, Lowes 3200, Care Credit 5000, AMEX green, Walmart MC 1200
Epic Contributor
Posts: 22,406
Registered: ‎01-17-2008
0

Re: Boosting options--PLEASE HELP

The only thing I can say is find someone else to send GW letters to have the collections removed.

Community Leader
Senior Contributor
Posts: 26,763
Registered: ‎02-07-2013
0

Re: Boosting options--PLEASE HELP


907grown wrote:
My scores are below, I want a home loan in may, I have paid off all collections although unfortunately I was unable to get them removed from my report. I have diversified my credit accts, I have 6 cc, a line of credit, 2 auto loans, student loan, all current, no lates in almost 2 years, util up and down between 9-30%, depending on the month, I have been experimenting with this to get the optimal score..... I'm at a loss, I need a big boost bad in the next few months. I am gardening as they say here, no more credit apps until I get a pull for mortgage. Any suggestions would be greatly appreciated and considered!!
Thanks!

Question why 9-30% UTL  when the general rule is 1-9% UTL?

 

This alone may get you a score boost if you can bring UTL down and find the sweet spot that works for you within those parameters of 1-9%



+ Chase Ink =

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.