If I can get out of a mortgage ( that is current ) with a co-borrower will this help or hurt my Fico? (quit claim deed and refinance)
I am in the process of rebuilding my credit after I did a credit card payoff which dumped my score into the 500's from 780. ( settled $80k for $16k )
I only have 2 credit card cards left with no balances and low credit limits, no car loans and this current mortgage. I want to rebuild my credit but will it be slower if I am not involved in a current mortgage?
