Hello All,
I'm reposting this again, since I cannot locate my original post. Also, if this is not on the right board, I apologize. Just looking for some helpful tips, etc.
I have been reading these forums for a little while now, but this is my first time posting. I just wanted to say, that I appreciate all the info from all the members on here, as well as any info pertaining to my post. There is a lot to take in and it is all fascinating/confusing/and anything in between… I have read a few posts on scoring guidelines, etc. and while I believe I understand the basics, I’ve been wrong before.
We are relocating to Louisville, KY, due to my wife's job. This, obviously, has drawn our attention to our credit scores/reports, especially our Mortgage ones. I am still not sure if I will be able to work after the move. Although, I have been working remote now since March. Anything is possible, but we are not planning on it. So, from my understanding, my scores/reports are not as valuable as my wife’s, correct? Her scores/reports need some work, as she has had some baddies. I can list both her and my scores, as well as current debt, and anything else.
Mine
As of 11/4/20
FICO 8 - EQ – 752 / TU – 768 / EX - 762
As of 9/5/2020
Mortgage Scores – EQ5 – 699 / TU4 – 708 / EX2 – 746
Middle Score – 708
Hers
As of 10/27/20
FICO 8 - EQ – 752 / TU – 768 / EX - 762
As of 9/18/20
Mortgage Scores – EQ5 – 639 / TU4 – 627 / EX2 – 626
Middle Score – 627
9/18/20 Data
Discover – $9026/ $9000 – 100%
BoA - $3064/ $8600 – 36% - 1 30 Day late from 08/2019
Gap - $788 / $1800 – 44% - 1 30 Day late from 07/2017 (Though EX shows for “Payment Status” Current account/was 30 days past due date two times. However, it only shows 1 date under Older Derogatory Events.)
4 items showing in collections for medical bills from 2019. (All reflect being paid)
Please note, that I have not pulled another FICO 3B report yet. We are scheduled to receive one in December and I may or may not pull before then. Just trying to clear up some things first. So since then, the following has happened and are currently reporting on “Alerts / Dashboard”.
Remove 3 of the collections. Working on the 4th, but MediCredit is being stubborn.
Paid all CC’s – Discover decreased balance by $8839. $187 remains
BoA decreased balance to $44. Paid remaining amount today
Gap - $788 remains… Paid remaining amount today
Added her as an AU for 2 of my cards. Cap 1 - $850/$7800 & Kohls - $175/$2000
Forgot to mention above, our installment loans…
Car - $8434.36 / $17,088 – 49% No Lates
Current mortgage - $185k / $189k. Just refinanced last year.
School Loans - $20,430 Current/ No lates
I have a truck payment, but she is not on that.
With all that, we do expect some change in her Mortgage scores. How much, not sure. We are planning on doing AllZeo with her and my CC’s. Especially the ones that she is an AU. Listed below are some items we intend on working on or I have questions with?
Removing the last collection. Showing paid but original balance was $1890. If this cannot be removed, how bad is that mark?
Reach out to BoA about 30D late payment. 1+ years old. Heard they are difficult in doing so.
Should we reach out to Gap about the 30D late from 2017? As mentioned above, EX has listed under Payment Status, 30 day late twice but only reflects 1 date.
How much of her student loans will be taken into account?
I apologize about the long post. Thank you for anyone who took the time to read and especially respond. Any input would be appreciated.
