Valued Contributor
my-own-fico
Posts: 1,217
Registered: ‎01-05-2010
Re: Credit score correlations?

llecs wrote:

 

If they reported an old debt from 6 years ago, then that has less weight than a collection that happened last month.


 

But how does that, one might ask, align with a score of 558 and, I assume, no bad stuff in the last five years?

I would imagine another question is how you would improve your score to the point that a mortgage can be obtained.

Also, chances are that the couple, if not already, could benefit from exchanging credit reports before the wedding day.

Reported credit card debt EQ $0 TU $0 EX $0