Hi this is my first post My husband and I are going to try to buy a house this summer His credit score is 621 EQ. I need to clean up his report but not sure where to start and how to do it. It is just confusing me So anyone that can give me advise and point me in the right direction would be great I just don't want to make his score go down by doing the wrong thing Here are the bad things on his report ( I also made some notes of some things) The good things on his report ar a mortgage open 1987 closed 2002 it says paid/closed/never late and a car loan open may 2009 never late Sorry for it being so long Do you think we have a chance of getting a House?
#1 BAC HOME LOANS/COUNTRYWIDE
My Husband was a co-signer on this account-------------------------------------NOTE
Your Statement: Account closed at consumer's request
Status:
Paid,Closed
Date Opened:
06/2003
Last Reported Date:
05/2005
Account History:
90 days past due as of Apr 2005
60 days past due as of Mar 2005, Nov 2004 to Jan 2005
30 days past due as of Feb 2005, Oct 2004, Sep 2004, Jul 2004
#2 CAPITAL ONE
THIS CARD HAS NOT BEEN USES SINCE OCTOBER 2003-------------NOTE
Statues: Transferred,closed. $644 written off.
Creditor's Statement:
Purchased by another lender.
Date Opened:
03/2003
Date of Status:
04/2009
Last Reported Date:
04/2009
Credit Limit:
$200
High Balance:
$1,045
Account History:
Charge Off as of Mar 2009, Feb 2009, Jan 2009, Dec 2008, Nov 2008, Oct 2008, Sep 2008, Aug 2008, Jul 2008, Jun 2008, May 2008, Apr 2008, Mar 2008, Feb 2008, Jan 2008, Nov 2007, Oct 2007, Sep 2007, Aug 2007, Jul 2007, May 2007, Apr 2007, Mar 2007, Feb 2007, Jan 2007, Dec 2006, Nov 2006, Oct 2006, Sep 2006, Aug 2006, Jul 2006, Jun 2006, May 2006, Apr 2006, Mar 2006, Feb 2006, Dec 2005, Nov 2005, Oct 2005, Sep 2005, Aug 2005, Jul 2005, Jun 2005, May 2005, Jan 2005, Dec 2004, Apr 2004
180 days past due as of Apr 2004
150 days past due as of Mar 2004
120 days past due as of Feb 2004
90 days past due as of Jan 2004
60 days past due as of Dec 2003
30 days past due as of Nov 2003
Balance History:
03/2009 $1,045
02/2009 $1,038
01/2009 $1,031
12/2008 $1,024
11/2008 $1,017
10/2008 $1,010
09/2008 $1,003
08/2008 $996
07/2008 $989
06/2008 $982
05/2008 $975
04/2008 $968
03/2008 $962
Limit High Balance History:
Between Mar 2009 and Mar 2009, your credit limit/high balance was $1,045
Between Feb 2009 and Feb 2009, your credit limit/high balance was $1,038
Between Jan 2009 and Jan 2009, your credit limit/high balance was $1,031
Between Dec 2008 and Dec 2008, your credit limit/high balance was $1,024
Between Nov 2008 and Nov 2008, your credit limit/high balance was $1,017
Between Oct 2008 and Oct 2008, your credit limit/high balance was $1,010
Between Sep 2008 and Sep 2008, your credit limit/high balance was $1,003
Between Aug 2008 and Aug 2008, your credit limit/high balance was $996
Between Jul 2008 and Jul 2008, your credit limit/high balance was $989
Between Jun 2008 and Jun 2008, your credit limit/high balance was $982
Between May 2008 and May 2008, your credit limit/high balance was $975
Between Apr 2008 and Apr 2008, your credit limit/high balance was $968
Between Mar 2008 and Mar 2008, your credit limit/high balance was $96
THE ACCOUNT ABOVE AND BELOW I THINK ARE THE SAME---------NOTE
#3 PINNACLE CREDIT SERVICES
Status:
Collection account. $1,122 past due as of Feb 2010
Date Opened:
04/2009
Last Reported Date:
02/2010
Credit Limit:
$1,056
Recent Balance:
$1,122
Account History:
Collection as of Jun 2009 to Feb 2010
#4 COLLECTION COMPANY OF AMERICA
If this is the account I am thinking of it was open May 2000
and closed Sep. 2001--------------------------------------------------NOTE
Status:
Collection account. $509 past due as of May 2009
Original Creditor:
VERIZON NEW ENGLAND INC
Date Opened:
11/2008
Last Reported Date:
05/2009
Credit Limit:
$432
Recent Balance:
$509
#5 CRESCENT CREDIT UNION
Status:
Paid,Closed
Date Opened:
05/2002
Last Reported Date:
08/2007
Account History:
60 days past due as of Aug 2007, May 2005, Oct 2004
30 days past due as of Jul 2007, Aug 2006, Jun 2006, May 2006, Mar 2006, Feb 2006, Dec 2005, Sep 2005, Aug 2005, Apr 2005, Dec 2004, Sep 2004, Jul 2004, May 2004, Feb 2004, Nov 2003
#6 MERCANTILE ADJMNT BUR
Status:
Collection account. $396 past due as of Sep 2005
Original Creditor:
MASSACHUSETTS ELECTRIC/ NGRID
Date Opened:
07/2005
Last Reported Date:
09/2005
Credit Limit:
$396
This account and the one Below are the same and closed in Feb. 2003-----NOTE
#7 NATIONAL GRID SERVICE CO
Status:
Account charged off. $396 written off
Date Opened:
08/2001
Last Reported Date:
09/2009
Recent Balance:
$396
Account History:
Charge Off as of Sep 2009
#8 NOVASTAR FINANCIAL
This was forclosed all done in March of 2006 ( i actually got money from it so I did not owe the bank anything stuck in a 10.5 intrest rate ) The crediters statement does not make since does it matter?-----------------------------------------------NOTE
Status:
Foreclosed
Date Opened:
04/2005
Last Reported Date:
04/2006
Creditor's Statement:
Foreclosure proceedings started
Account History:
Foreclosure as of Apr 2006
Foreclosure proceedings started as of Apr 2006, Jan 2006, Dec 2005
120 days past due as of Jan 2006
90 days past due as of Dec 2005
60 days past due as of Nov 2005
30 days past due as of Oct 2005
#9 RJM ACQ LLC
This if is what I think it is from 2004---------------------------NOTE
Original Creditor:
CITIZENS BANK CHECKING ACCOUNT
Status:
Collection account. $363 past due as of Feb 2010
Date Opened:
08/2007
Last Reported Date:
02/2010
Account History:
Collection as of Dec 2009 to Feb 2010, Jul 2009 to Oct 2009, May 2009, Apr 2009, Feb 2009, Jan 2009, Nov 2008, Oct 2008, Aug 2008, Jun 2008, May 2008, Mar 2008, Feb 2008, Dec 2007
