Paid Off Entire Credit Card Debt, Will Credit Scores Continue To Increase?
I fortunately just was able to cash out some stock options that have matured and was able to pay off about $20k in credit card debt (most were maxed) and $25k in auto loan debt. I only have student loans and my mortgage remaining which have always been and are in good standing. I noticed that my score over the last month of paying everything off jumped up from 640 to 680. Today when I subscribed to Score Watch it was at 694. Should I expect a continued rise in my FICO score rising over the next couple of months if I keep having no credit card debt balance and continue paying my student loans and mortgage on time? I don't want to waste money on monitoring it if that was pretty much the only jump it is going to take. Thanks in advance for any advice.
Categories: General Credit Tags: cash-out-some, continued-rise, credit-card, debt-balance, fico, Mortgage, over-the-last, score, score-rising, score-watch, student, student-loans
Deed not recorded
Hi...in 2004 I purchased a condo and then refinanced in 2006. Due to the economy I began to default on the mortgage and HOA fees in July 2010. I still have not been officially foreclosed upon
Categories: Mortgage Tags: case, debt-collectors, Economy, from-the-bank, monies-paid, Mortgage, over-the-last, Ownership, Property, property-taxes, then-refinanced
Custody and Child Support…
My girlfriend is being brought into court regarding her 6-year old son by his father. Currently she has a restraining order against him that prohibits any contact. But that is old we are willing to drop that being that there is contact for visitation.
Categories: Mortgage Tags: actions-should, child, Court, custody-becuase, does-at-ours, father, hand-the-child, keep-the-child, makes-payments, over-the-last, restraining, the-restraining, TIME
Partnership or just a contract?
Another person and I want to work together to create and sell a new software program. He has the industry knowledge and I am the programmer. We are considering forming a partnership but I've been reading about that and I'm concerned about the fact that partners are personally liable for debts incurred by their partners
Categories: Mortgage Tags: already-brought, business, business license, corporate entity, forming a partnership, industry experts, industry knowledge, limited liability partnership, limited liability partnerships, minimal-capital, our-percentages, over-the-last, partnership, Person, program, programmer, scoundrel, software program, zero capital
Score Drop / Unknown Account
Hi, I noticed that my TU score had dropped 14 points (Equifax stayed the same) over the last 30-days, so I started comparing this month versus last month. The only thing that was different was that my account balances versus available credit ratio was a bit higher for this most current report. However, we're talking about something in the range of 7% to 8% at the absolute maximum, could that really be the cause? Everything else is the same, nothing new for pulls or baddies.
Categories: General Credit Tags: absolute, account, account-type, appear-on-last, balance-versus, chase-bank, credit-card, Industry, over-the-last, reporting, stayed-the-same, the-information
Do credit scores update themselves once purchased?
Since we are waiting to close on a home, I have bought my credit score several times over the last month while waiting for my score to be corrected from a mistake that Capital One made. It was supposed to have been fixed yesterday, but I bought my scores again and they were unchanged. Do I need to keep buying my score, or will they update themselves? Just looking to save a few bucks...but I can keep buying it if it will get us into a home sooner.
Categories: General Credit Tags: Credit, credit-score, fixed-yesterday, keep-buying, last-month, over-the-last, score, scores, Several Times
Being threatened with "sexual harassment." Charges are false, what do I do?
Hi, I used this forum once before and got some good advice, now I'm back with a very bizarre situation....
Categories: Mortgage Tags: amanda, cops, even-apologized, messages-saying, over-the-last, over-the-phone, police, sexual-harassment, situation, violence, abuse
Credit Card Payment
Credit cards have ballooned in popularity over the last decade. While once the preserve of the very rich, or very indebted, they are now available to practically everyone who wants them. They have become far easier to get a hold of.
Categories: Mortgage Tags: banking, securities, cent-on-balance, certain-period, credit-card, credit-cards, different-types, over-the-last, Payment, popularity-over, preserve, the-traditional, traditional, vastly-improve
Any Possibility to Dismiss Current Garnishment?
In 2001 we (my husband and I) entered into a Home Equity Credit Line with Beneficial (now known as HSBC) for $19500. In 2003, we became unable to make agreed payments due to lack of self-employment income
Categories: Mortgage Tags: Finance, garnishment, judgment, known-as-hsbc, over-the-last, owing-the-bill, People, TIME, took-on-outside, under-the-terms
HELP I want to save MY Credit Score Husband Wants to file Bankruptcy
I recently raised my credit scores over the last 6 months from the 510 to 615.
Categories: General Credit Tags: afraid-because, another-credit, another-state, cards, Credit, credit-scores, from-the-510, legal, over-the-last, recently-raised, relief-agency, state