quit claim deed/mortgage implications on rebuild of credit
If I can get out of a mortgage ( that is current ) with a co-borrower will this help or hurt my Fico? I am in the process of rebuilding my credit after I did a credit card payoff which dumped my score into the 500's from 780.( settled $80k for $16k ) I only have 2 credit card cards left with no balances and low credit limits, no car loans and this current mortgage. I want to rebuild my credit but will it be slower if I am not involved in a current mortgage?
Categories: General Credit Tags: car-loans, cards-left, Credit, credit-card, Current, fico, help-or-hurt, low-credit, not-involved, payoff-which, process, score, the-process
is an "assigned counsel" a good or bad idea?
I am just wondering because I am not sure if I am able to afford an attorney and am wondering if these "assigned counsels" will help or hurt my case.
Categories: Mortgage Tags: assigned-counsels, case, end, help-or-hurt, not-sure, will-help
Need advice
I'm going line by line through my CR looking at all the negative items. I have a collection that's paid off here's the info: INTERSTAE CREDIT COLLECT 711 COLISEUM PLAZA WINSTON SALEM , NC 27106-5300 (336) 777-3524 Balance: $0 Date Updated: 07/2008 Original Balance: $350 Original Creditor: PUBLIC WORKS COMMISSION Past Due: $0 Pay Status: > Payment After Charge Off/Collection< Account Type: Open Account Responsibility: Individual Account Date Closed: 06/2008 Date Paid: 06/2008 Loan Type: Collection Agency Attorney Remark: > Paid collection
Categories: General Credit Tags: account, account-type, agency-attorney, chances, creditor, goodwill-help, help-or-hurt, hurdle, line-through, negative, removed
Should I ask for a CLI?
For the 1st time in my life, I am in the 700 club thanks to all your advice. The things helping my score is that I have no inquiries, but the things hurting it is my utilization. I have a closed Bank of America card that I owe $2250 on.
Categories: General Credit Tags: 2500-limit, 700-club, Advice, america, bank of america, citi card, cli, hard-pull, help-or-hurt, Home Depot, inquiries, Life, never-been, oni, score, sears card, things, things-helping, things-hurting, time in my life, utilization
2 Accounts Listed – Advice?
Hi Gang, I'm sure someone will have some helpful insight into something like this. I've provided as much detail as should be helpful.