Understanding FICO® Scoring

[noochski]

My FICO score is currently sitting at 665. Starting with the bad: I have two medical collections, one fom 2008(4000) and one from 2009(2500). I am an AU on a CC(1800 limit/450bal) and have two other cards(500/30 and 300/0). I have student loans that are currently reported as 3 loans totalling 9500.00 with payments deferred. So in summary I have 3 loans and two CC(AU on another) and will be paying on all religiously over the next 18 months. Actually I was going to consolidate the loans into two once I start making the payments with a plan of having my current 665 FICO being closer to 750 when the calendar hits 2014. Is this realistic?

[cassembler]

Check out the Credit Repair forums, especially for trying to deal with those collections. As long as those report, you'll find it tough to reach above 700 IMHO. (For reference, my last collection from 2005 just fell off and netted me over 80 points...)

Are you planning on applying for something that would require or benefit from such a score in 2014?

[noochski]

Planning on buying my first house