by admin | Nov 17, 2019 | Q&A
Unfortunately, simply paying a collection account without getting it removed often won’t improve your credit scores. With few exceptions, as long as a collection account is listed on your credit reports, it’ll have a negative impact on your credit...
by admin | Nov 17, 2019 | Q&A
A credit score of 900 is either not possible or not very relevant. The number you should really focus on is 800. On the standard 300-850 range used by FICO and VantageScore, a credit score of 800+ is considered “perfect.” That’s because higher scores won’t...
by admin | Nov 17, 2019 | Q&A
The credit bureaus will automatically delete the negative items from your credit report once they’re scheduled to be deleted. But, if old accounts are still on your credit report, you can use the dispute process to have them removed. Note that the credit...
by admin | Nov 17, 2019 | Q&A
Some credit repair companies, however, are legal, legitimate, and helpful. If you have inaccurate information on your credit report, they may be able to remove it, saving you time and hassle. But unless your hourly income exceeds the fee that the credit repair company...
by admin | Nov 17, 2019 | Q&A
Ask lenders if they originate loans insured by the Federal Housing Administration. FHA-backed loans are available to any borrower with a credit score of at least 500. If your score is 550, you can apply for an FHA loan that requires a down payment of 10 percent of...
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