I have been diligently working to repair my credit for the past 5 years. My FAKO's are TU 646 EX 621 and EQ 651. My FICO's are TU 647 EX 640 and EQ 586. I have brought them all up from low 500's. I only have a collection from a cell phone bill on reporting on all 3, a paid collection for cable reporting on all 3, a collection for broadband reporting on two (experian and equifax) a repo only reporting on Equifax which the account was opened in 10/02 and the last collection reporting only on EX which says it was opened in 10/3 and don't know what it is. All these collections are older than 3 years. I have not been late on any payments on accounts that I currently have open which are:
1 - car installment - a year old in July
3 - credit cards with balances of - $93 on a limit of $350 (3 years old) $200 on a limit of $500 (2 years old) and $678 on a limit of $5000 (3 months old).
I have had alot of things removed, deleted or have fallen off my report my report over the past 5 years including a foreclosure.
I was hoping to be in the 700's by June so I can apply for a mortgage. Can anyone give me an idea as to why they don't seem to go up? Is there anything I can do to increase it aside from everything I have already done.
1 You have a collection on your credit report.
2 You have a recent collection on your credit report. 4 months old (disputed and it was deleted)
3 You've recently been looking for credit. (3 months ago last credit card obtained)
4 You've made heavy use of your available revolving credit.
1 You have a collection and a serious delinquency on your credit report.
2 You have a short credit history. (Not all old closed credit cards that report on the other two report on EQ)
3 You have a recent collection on your credit report. (disputed and it was deleted)
4 You recently missed a payment. (This is in correct I haven't missed a payment in over 3 years)
The Experian score is from freecreditreport.com. The last time I was able to get it here it was a 640.