So my scores are pretty good on the FICO 5,4,2: 748, 701, 585 The FICO 8 really concerns me as that is crazy low but sounds like most use the FICO 542 correct?
No other debt or loans
Have not bought a home in over 15 years (Would I qualify as new? My wife has never purchased)
but trying to bump as much as I can before working with mortgage company. My question is 2 that seem to really hurt it:
Car loan: It is all paid in full and no car loans right now yay!! I have negative marks in 2018 and 2017 that I assume are still hurting me, Obviously the only thing that solves that is time now. The last 30 days late occured 13 months ago now, then I had 15 mo - 30, 16 mo - 60, 17 mo - 30, 18 mo - 30, 19 mo - 60. These should not matter as much soon correct and the score should be going up based on this correct?
CC that was CO: It looks like I had a CO on and account that reported every month as OK up until Jan 2019. I called and they dont do pay for removal so only option is to pay it and have it show CO paid in full. Am I better leaving that alone or paying it? Will it make that big of a difference?
I am sorry I did know just thought it was weird reported as ok for months then boom collections. I am planning on paying them on the 15th and they stated it would be removed within 2 days as they call them directly for removal.
This would be impacting it heavily correct? My score?