We are hoping to buy a house in about 3-4 months. My wife's credit is great, but my credit is poor. From 2010-2012, I turned my head and ignored bills. Immature and stupid. I get it now. Anyway, we spoke to our loan officer today. She informed us of the qualifications for the type of loans we are hoping to get approved for. I really need my credit score to increase to atleast a 640. Current scores range from 605-623.I know there may be a few errors on my report and I am hoping someone will have insight on how to improve/remove or just let me know if there is anyhting at all I could do to improve my scores kind of soon.
Facts:
-10 year credit history
-7 credit cards as authorized users (with UTI at 22%) all in good standing
-4 cards in my name with low limits all in good standing
-1 personal loan in good standing
-5 year history of auto loan with no missed payments
-Baddies include (this is where I need help):
1.) Charge off from Capital One. It is reporting twice on my credit report. One is for several months such as Jan-August and the second is reporting September-December. Can they do that? It looks as if I have two seperate charge offs from Capital One. I attempted to dispute, dt duplicate reporting but it did nothing but state I disputed it. It's also reporting through Portfolio Recovery as current in July 2015. The original debt is from 2012. It is unpaid. Should I pay it? Again, this is on my credit report in three different ways from the original creditor (Capital One) to the Portfolio Recovery reporting as open and unpaid.
2.) Several (3) medical reporting as "paid" but after placed with collections. They range from 2010-2012.
3.) Smith Rouchon Collection Agency reporting an old student loan. I only owe $215 on it. They just draft $30 a month out of my bank account monthly.
4.) Charge off from being an authorized user on a chase card in 2010. Can i remove this since I was an authorized user?
You have no idea how much we would appreciate your help! I told my wife about this board and how much you guys have brought me to the light!! Thanks in advance.
