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rlp
New Member
rlp
Posts: 1
Registered: ‎02-08-2013
0

raising my score

I just found out my fico score is 635, versus my credit scores which vary from 686 to 725 which I was pleased with seeing go up. Now knowing that my fico score is what everyone looks at to purchase cars, homes, cc's, etc. I am bummed out!!! I have no CC debt, and the only installment loans I have are student loans. I have 3 of them. What can I do to raise my score. The only derogatory issue(s) I may have are my medical bills. I have alot of medical problems that I am trying to get taken care of, and being disabled, I sometimes have problems paying the bills.

 

What do I need to do to get my score up above 700????

Moderator
guiness56
Posts: 22,408
Registered: ‎01-17-2008
0

Re: raising my score

[ Edited ]
Regular Contributor
bobebob
Posts: 244
Registered: ‎08-14-2011
0

Re: raising my score


rlp wrote:

I just found out my fico score is 635, versus my credit scores which vary from 686 to 725 which I was pleased with seeing go up. Now knowing that my fico score is what everyone looks at to purchase cars, homes, cc's, etc. I am bummed out!!! I have no CC debt, and the only installment loans I have are student loans. I have 3 of them. What can I do to raise my score. The only derogatory issue(s) I may have are my medical bills. I have alot of medical problems that I am trying to get taken care of, and being disabled, I sometimes have problems paying the bills.

 

What do I need to do to get my score up above 700????


You should understand that the whole credit scoring thing is designed as a way for creditors to monitor risk. It's not personal, it's just business.

 

Any derogatory issues such as medical bills still count as debts you have not paid.

 

A proven history of bad debts will give you a low credit score.  Best you can do is to pay off the debts and re-build your credit history.

bobebob || June: My FICO SW EQ(Upgraded Version) = 821 ||June: Walmart TU Fico=834Goal = FICO's>800 || In my wallet: CostcoAmEx(20k), DCU Visa Platinum (10k), BoA Visa Signature (17.1k), Walmart Discover (7.5k), AmEx Corporate (5k). All PIF every month.

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