This is going to be challenging to pull off in 6 months.
You are really going to want 12 months of "clean" payment history w/ no lates.
Start be disputing the CA's "Not mine"
Send GW letter to the Auto loan- If ever in this situation again CALL THEM - they are more understanding before there is a problem than after the fact.
Goto you local CR and open an account (or your existing bank) and get a secured card. BofA has a 99/500 (you have to be offered it after being denied a regular one)
Keep records of your Rent payments- make sure they are on time.
Keep records for you utilities (phone, cell, cable, power, electric)and pay them on time.
Save 3-5% for a downpayment.
This will get you into a position to do a FHA loan.
@Anonymous wrote:
I need to rebuild my credit asap. I am hoping to buy a house within the next 6 months. I have had 3 charge off in the last 5 years total of 2000k now in collections. However, I did just pay them in full, but was unaware of pfd's. I have an auto loan with 3 late payments from changing jobs in the last 6 months. I financed 20k and have paid 8000k. My scores are 563, 547, and 498. I have just opened a First Premire card with initial 350 credit line. I have no other debt or credit lines. Besides the usual pay on time routine, what can I, and should I do to raise my scores and see an immediate increase? I need any advice you can think of. My charge off were from Cap1 and HSBC. Should I apply for another card or sit tight. Please help.
