Happy New Year Everyone!!!
I joined myFico in 2013, cleaned my credit in less than 6 months thanks to the folks on this forum; started with high 500s ended with low 700s. I maxed most of my cards, took out loans and other bad credit practices for the last 5 years...so I am back. Also, I purchased my reports after receiving several mortgage loan denials since I started applying 1/2/2019.
1. Lower Overall Utilization - Current 100% Goal 47%
2. Mortgage Score Improvement - Current EQ: 619 TU: 628 EX: 563 Goal 700+ across all board
3. Remove Collections - Current 2 CA Goal 0 CA
4. Improve AAoA - Current 6.8 years Goal 7.8 years
5. Home Purchase December 2019
So far, I paid off Amazon and Victorias Secret and started a GW letter campaign (CA and NFCU 30-day late)....one of the CA (NCM Management) deleted, the other two are with the same CA (National Credit Adjusters) and I haven't found the right person yet. NFCU refuses to delete the late; I will never give up.
We are in the same boat. I just sent out goodwill removal request letters today....one for a 30-day late on my Navy Federal cc and another for two paid collections with NCA (same CA reports both and no one on the forums has dealt with them). My mid mortgage score is 619....just one point away from qualifying for the worst mortgage terms. I ended up pushing my move back to pay down more of open cc debt and attempting to get the late and collections removed before apping for mortgage loans again.
Good news is, I started with 3 collections and I was able to get get 1 CA to remove....NCA doesn't seem like they are going to budge, so I am going to keep at it. I am thinking that if I alternate phone calls and letters I might be able to catch the right person at the right time. Also, I hear that the late should lose a little of its bite after the 6 month mark.
We can do this, it just takes lots of patience and attention to detail. Lots of good advice, great information, and inspiring stories on this forum. Best of luck to you and your hubby!!