I started the rebuilding process coming up on six weeks ago. After reading countless hours on here I did the following:
Disputed negatives on report (some have come off already, and waiting on others )
Paid revolving credit line down to 19% util
Convinced Honda to delete most recent late (oldest is now 8 months ago)
Had wife add me to perfectly paid Discover acct that is 5 years old
Opened Cap One secured card and will PIF
Found on my report that Trans and Exp were showing open auto that was paid off 6 months ago leaving me with 3 open autos on both reports. Credit union updating and should be correct on a couple of weeks.
My scores have come up aprox 60 points in the 6 weeks since I started, however I need another 50 or so to qualify for a home loan. Anyone have any other ideas on how to get the extra bump that I have not as of yet. I should get something from that auto reporting correctly, and with other baddies coming off, but I'm running into a time crunch on this home loan. Any advice would be greatly appreciated.