My/our mistakes were the direct result of youthful ignorance. Our parents wouldn't have dreamed about overextending themselves with credit, but they also didn't TALK about money in general, as a generation in fact. So we were on our own to figure it out. And we screwed it up...royally.
And now we pay...and write GW letters.
And while I understand a LO not wanting to get legally involved, he told me I would have to pay off any outstanding items before they would consider it. How difficult would it have been to say that I might want to consider negotiating to have it removed....or even tell me to read up on it.
I am willing to bet alot of them dont even know that.
After I started this forum my realtor called me and I was discussing this stuff, he had no idea you could get things removed. I could almost hear the mental wheels grinding thinking of all the people he could get in houses with this information.
Yeah..... its just not general practice because for every one person that knows what to do for credit situations, there are 10000 more that have no idea.
To be fair, if you work for a mortgage company you shouldn't want to tell people about a PFD. You should want the credit report to be as accurate as possible so you can appropriately gauge the risk. If you tell people about PFD, then you'll be giving lower interest rates to people who F'd up in the past but were able to hide it from you.
I don't think those realtors were purposely not helping you. As others here have said, the realtors very likely just didn't know of all the options you have. They (hopefully) know about the housing market, mortage rates, etc, but really don't have any reason to know details about how to increase your credit score. All they know is get your credit score up to get a lower rate.