Judgement

[Anonymous]

My credit score is 544-561. I'm paying off a judgment for less than next month, the other judgement drops off in November of this year. My collection drops off this month as well as I've settled another one, and this company will not delete. Will my credit score increase after this to buy a home. 1 c/c with a $300 limit that's current. What else can I do to raise my score.

[Anonymous]

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@Anonymous wrote:
My credit score is 544-561. I'm paying off a judgment for less than next month, the other judgement drops off in November of this year. My collection drops off this month as well as I've settled another one, and this company will not delete. Will my credit score increase after this to buy a home. 1 c/c with a $300 limit that's current. What else can I do to raise my score.

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You won't see a significant score increase until your very last baddie falls off. I would suggest trying to get any derogatory accounts deleted.

[Anonymous]

Thanks for the advice. My goal is to purchase a home in 2018. But I've had quite a few bumps in the road.

[Anonymous]

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@Anonymous wrote:
Thanks for the advice. My goal is to purchase a home in 2018. But I've had quite a few bumps in the road.

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Read these forums and you will learn everything you need to clean up your reports.

[Anonymous]

I have a judgement that's updated to satisfied, two collections deleted, and my cc balance to $0 as of 2/27. How long will it take for this to update on my c report and bring my score from a high 500?

[Anonymous]

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@Anonymous wrote:
I have a judgement that's updated to satisfied, two collections deleted, and my cc balance to $0 as of 2/27. How long will it take for this to update on my c report and bring my score from a high 500?

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We need a bit more information about your reports to know how these will impact your score.

CA have up to 6 months to update your accounts, the cc balance will update when your next statement is cut, usually EX will reflect the update within a few days, then the other two lag behind a bit. 

Judgements are pulled from public information, not reported directly, so once that information is in the public database, it will show satisfied. You could attempt to get it vacated so that it no longer appears in those searches at all, but ymmv.

[Anonymous]

The only other thing I have is student loan debt that's current, and a Furniture Payment that's reporting 30 days late as of 9/16. So there's nothing else on my c report. I'm trying to see how to pull my score up. I only have 1c/c. No judgements or collections on EQ, TU- I've disputed the judgement. So how can I work on it

[Anonymous]

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@Anonymous wrote:
The only other thing I have is student loan debt that's current, and a Furniture Payment that's reporting 30 days late as of 9/16. So there's nothing else on my c report. I'm trying to see how to pull my score up. I only have 1c/c. No judgements or collections on EQ, TU- I've disputed the judgement. So how can I work on it

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Disputing the judgement won't necessarily get rid of it. It has to be vacated so it doesn't show up in public record anymore. If it's still in your record, it won't go away.

Is the furniture caught up now? Can you ask for a good will adjustment of the late remark?

I would suggest you get 2 secured credit cards. Cap1 if the card you have isn't with them, or is with them and is 6 months old, and possibly Discover.

On time payment history is what is going to improve your score, and that will take time and patience.

[Anonymous]

Yes my furniture account has been closed but current before I closed it. Another question is this: My bank offers a secured loan for rebuilding credit so should I do that as well as apply for a second secured c/c? And yes COne is who my current c/c is with. Also my last inquiry is 9 mos old, and the late furniture payment is 9 mos old.

[Anonymous]

@Anonymous.

Your student loans meets the requirement for an installment loan, so no you would not need to get the secured loan, but the secured cards would be a good idea.   For FICO scoring purposes, it is good  to have 3 positive cc tradelines reporting where 1 card has UTI less than 10% and the others at zero.