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Established Member
yoman1126
Posts: 41
Registered: ‎03-15-2012
0

I need a 13 point score increase ASAP any suggestions???

I just got home from seeing my lender.. scores are as follow.  EQ 614 EX 627 TU 637... I have about 2 weeks or so to get that mid score to 640...right now my CC UT is at 34% will lowering it to 9 possibly give me the bump i need? does anyone have any other suggestions??

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FrugalRican
Posts: 2,876
Registered: ‎02-02-2012
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Re: I need a 13 point score increase ASAP any suggestions???

Need a little more information.

 

How many CC's do you have?

Do you have any baddies?

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

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Established Member
yoman1126
Posts: 41
Registered: ‎03-15-2012
0

Re: I need a 13 point score increase ASAP any suggestions???

I have one CC orchard bak 300 CL bal is 101.. i have one baddie cap one CO from 2010 paid in settlement that ive tried to gw and they wont budge

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FrugalRican
Posts: 2,876
Registered: ‎02-02-2012
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Re: I need a 13 point score increase ASAP any suggestions???

If only that baddie could go away....

 

Just show a $10 balance on that CC. Anything between 1 and 9% is optimal, but not sure if that is going to give you a boost big enough.

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Established Member
yoman1126
Posts: 41
Registered: ‎03-15-2012
0

Re: I need a 13 point score increase ASAP any suggestions???

ok i will do that..is there anyway to get orchard bak to report to the cra early??? they never report until the 15th of the month or so.

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bridgetkaryn
Posts: 429
Registered: ‎05-07-2008
0

Re: I need a 13 point score increase ASAP any suggestions???

You can have your lender do a rapid rescore... Pay down your CC balance to 0 or $2.00, have the lender do a rapid rescore...

 

Also, do send a few GW letters to Cap1. I had success with them removing a CO from 2006/7-ish... Do a search and find the emails to the exec's at Cap1, that usually gets a quick response...

 

Also, do you need above 640 for a rate or do you need it for your mortgage in general? Most lenders only require a 620...

Starting Score: 06/2010- EQ 464
01/2012-EQ 512
April Score: EQ 679 4/12TU- 677 EX- 699 (FAKO)
Current Score: 05/2012-EQ 691 4/12TU- 706 EX- 720(FAKO)
Goal Score: 700 by 05/2012- MADE IT!!!!


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Established Member
yoman1126
Posts: 41
Registered: ‎03-15-2012
0

Re: I need a 13 point score increase ASAP any suggestions???

I am already approved for fha but i really wanted to do a usda loan so we could put no money down.. we want to put hardwood floors in the new house


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