Other (Public Records, Judgements, Tax Liens, Child Support, Bankruptcy):
Full-time Employment Salary:
MONTHLY DEBT PAYMENTS
...are those scores Fico mortgage scores or the Fico 8 scores you normally see here? ...see the sticky at the top of the forum if you don't understand the question.
Those were my FICO 8 scores. I did some research here, and here are my more appropriate scores:
EQ 04: 616
TU 04: 595
EX 98: 595
Other Relevant Updates:
Our agent has suggested that a USDA RD loan may be an even better fit for us, as most of the home around here qualify, so I would like that option considered as well.
Thanks for the feedback; I really appreciate it.
I say you did some pretty good damage control. The bad stuff on your CR is gonna be there awhile but they are closed, so nothing is out there lurking. The good news on that is damage is done and won't get any worse, and as time slips by the hurt less and less.
Keep working with the LO, he knows more than us, if he thinks he can get ya house, I'd let him do his thing. My only advice is see what you can do to get your scrores into the mid 600s, with the right coaching that might not take long. In my case I was told opene 2 more CCs and PCed another. My score has gone up 40+ points across all 3 in 6 months. YMMV. Run the different scenarios on the simulator.
Keep us posted.
My CreditKarma scores took a dump this week - not sure why as the only changes were improvements (i.e. removed collection). My MyFICO scores improved though (further evidence that CK is essentially worthless). New scores are:
EQ 04: 627 (+11)
TU 04: 595 (+/- 0)
EX 98: 604 (+9)
I anticipate greater increases once CapitalOne reports my increased limit. That should push my utilization to under the 30% sweet-spot. Still waiting on a response from the bank regarding the erroneous 30-day-late they reported in July 2013. I faxed them copies of my payment confirmations from that month, as well as the month prior. Not sure a removal will provide a significant boost at this point though; it's almost 2 years old. My Bank of America charge-off is still there as well, and reporting the full balance. I don't anticipate a score change once it's updated, but the $0 balance will certainly help to smooth that rough edge.
EDIT: Backstory on the 30-day-late, as I realize I hadn't shared that previously. My now closed earlier auto loan reflects "No Missed Payments" on TransUnion, however it shows a single 30-day-late payment in July of 2013 on both Equifax and Experian - two weeks before I paid the account off in-full in August 2013. I have my payment confirmations from June and July of 2013. June's payment was 2 days late due to website maintenance (I have their email stating the dates of maintanance, and faxed that to them as well). I could not have paid it earlier as my payday and due date coincided that month, so instead I made my payment on the next available date. Still, I was never 31+ days late on that account, no matter how you do the math.
Scores have yet to move, and I am DYING with anticipation. I can't wait to see the change once CapitalOne reports my new limit, and my <18% utilization.
As an aside, I'm also having some trouble keeping up with my scores here on MyFICO. I'll create my monitoring account, pay the monthly, and sure enough 3-4 days later my sub gets cancelled and refunded "due to an enrollment issue with TransUnion". If I want updated scores, and a new report, I have to buy a sub all over again, and then wait for it to be cancelled on me. I've called MyFICO for help, and they recommended I call TransUnion directly. TransUnion tells me nothing is the matter, and to resub.
Getting awfully tiring. Anyone ever experience this?
New mortgage scores are:
EQ 04: 627 (+/-0)
TU 04: 618 (+23!)
EX 98: 604 (+/-0)
you are on it!!! congrats on the score increase!!!
...don't give up on the Ally ...if you have the docs supporting your case AND kept the delivery receipts from when you sent them to Ally, then you have all thats necessary to file a complaint directly with the FCRA under the federal statutes ...I forget the statute acronyms but they are readily available in the Repairing Your Credit forum ...when my last neg came off my scores jumped 70 points on that alone ...well worth staying the course ...you are right, they are wrong, stick with it.