Comments for Credit Score Repair http://www.creditscore-repair.com Information to Repair your Credit Score Wed, 26 Jan 2011 03:30:59 +0000 hourly 1 http://wordpress.org/?v=3.0.5 Comment on How much will my credit score improve by having a $100 collection deleted from my credit? by bdancer222 http://www.creditscore-repair.com/how-to-improve-credit-score/how-much-will-my-credit-score-improve-by-having-a-100-collection-deleted-from-my-credit/comment-page-1#comment-4294 bdancer222 Wed, 26 Jan 2011 03:30:59 +0000 http://www.creditscore-repair.com/how-to-improve-credit-score/how-much-will-my-credit-score-improve-by-having-a-100-collection-deleted-from-my-credit#comment-4294 How much did it go down when the collection item appeared? FICO score formula is very complicated and it really depends on what else is on your credit report. A limited history will be more affected than an extensive history.<br><b>References : </b><br>BD How much did it go down when the collection item appeared?

FICO score formula is very complicated and it really depends on what else is on your credit report. A limited history will be more affected than an extensive history.References : BD

]]> Comment on How much will my credit score improve by having a $100 collection deleted from my credit? by ☆**•¸Hey! You asked!¸•**☆ http://www.creditscore-repair.com/how-to-improve-credit-score/how-much-will-my-credit-score-improve-by-having-a-100-collection-deleted-from-my-credit/comment-page-1#comment-4293 ☆**•¸Hey! You asked!¸•**☆ Wed, 26 Jan 2011 03:01:59 +0000 http://www.creditscore-repair.com/how-to-improve-credit-score/how-much-will-my-credit-score-improve-by-having-a-100-collection-deleted-from-my-credit#comment-4293 That is not the way it works. Your score will not go up from it.. only positive credit 'tings' make your score go up such as paying a credit card on time.. paying a loan on time.. But as this was negative credit as in your did not pay something on time it had a bad 'ting' to your score every month until it was paid. Now that it is paid it will no longer effect your score and bring it down it will just not have any effect at all.<br><b>References : </b><br>Did loans for a living.. worked everyday with peoples credit reports. That is not the way it works. Your score will not go up from it.. only positive credit ‘tings’ make your score go up such as paying a credit card on time.. paying a loan on time..

But as this was negative credit as in your did not pay something on time it had a bad ‘ting’ to your score every month until it was paid. Now that it is paid it will no longer effect your score and bring it down it will just not have any effect at all.References : Did loans for a living.. worked everyday with peoples credit reports.

]]> Comment on How much will my credit score improve by having a $100 collection deleted from my credit? by Iffy http://www.creditscore-repair.com/how-to-improve-credit-score/how-much-will-my-credit-score-improve-by-having-a-100-collection-deleted-from-my-credit/comment-page-1#comment-4292 Iffy Wed, 26 Jan 2011 02:21:59 +0000 http://www.creditscore-repair.com/how-to-improve-credit-score/how-much-will-my-credit-score-improve-by-having-a-100-collection-deleted-from-my-credit#comment-4292 1 point<br><b>References : </b><br> 1 pointReferences :

]]> Comment on How long would it take to improve a credit score of 446? by Rene Woodard http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446/comment-page-1#comment-4204 Rene Woodard Mon, 17 Jan 2011 11:21:59 +0000 http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446#comment-4204 Hello While I was looking for credit report, I found a site , that offers this service for free (no catches) .They also offer credit monitoring, anti fraud alert, and many more benefits. Go to http://CreditReportFrees.info and create an account free (no catches) . I really hope this will help you<br><b>References : </b><br> Hello

While I was looking for credit report, I found a site , that offers this service for free (no catches) .They also offer credit monitoring, anti fraud alert, and many more benefits.

Go to http://CreditReportFrees.info and create an account free (no catches) .

I really hope this will help youReferences :

]]> Comment on How long would it take to improve a credit score of 446? by My Take on It http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446/comment-page-1#comment-4203 My Take on It Mon, 17 Jan 2011 10:49:59 +0000 http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446#comment-4203 You need to re establish credit in order to get your score to rise. It won't happen on it's own by just letting time go by. That means, you may need to get a secured credit card or loan. 446 sounds like you either filed bankruptcy or had a foreclosure.<br><b>References : </b><br> You need to re establish credit in order to get your score to rise. It won’t happen on it’s own by just letting time go by. That means, you may need to get a secured credit card or loan.

446 sounds like you either filed bankruptcy or had a foreclosure.References :

]]> Comment on How long would it take to improve a credit score of 446? by Doctor Deth http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446/comment-page-1#comment-4202 Doctor Deth Mon, 17 Jan 2011 10:41:59 +0000 http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446#comment-4202 YEARS - you will have to get your score up to at least 620 AND have 10-20% downpayment & closing cost CASH ($15-30,0000) AND be making at least $50,000-60,000 a yr to have any shot at buying a house in that price range I have never heard of a score that low - you must have tons of late payments, non-payments, debts in collection, etc - it's going to take as LONG time to clear all that stuff up - maybe as long as 7.5 yrs until it all falls off your credit history<br><b>References : </b><br> YEARS – you will have to get your score up to at least 620 AND have 10-20% downpayment & closing cost CASH ($15-30,0000) AND be making at least $50,000-60,000 a yr to have any shot at buying a house in that price range

I have never heard of a score that low – you must have tons of late payments, non-payments, debts in collection, etc – it’s going to take as LONG time to clear all that stuff up – maybe as long as 7.5 yrs until it all falls off your credit historyReferences :

]]> Comment on How long would it take to improve a credit score of 446? by bdancer222 http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446/comment-page-1#comment-4201 bdancer222 Mon, 17 Jan 2011 10:06:59 +0000 http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446#comment-4201 You will need at least 24 months of consistent, on time payment history to even begin to see improvement in your score. If you don't have current, open credit lines, get a credit card, even if you have to get a secured card. Use the card and pay the balance in full every month. You will really need several current credit lines with good payment history for several years to even get close to the minimum 620 you need for an FHA loan. Mortgage lenders will also require that you settle all derogatory items on your credit report. Get a copy of your credit report (AnnualCreditReport.com) and see what shows. Start with the newest derogatory item and work back to the oldest. If something is close to the 7 year mark, just let it age off. You should be able to settle old debt for 25% to 50%, depending on how old the debt. Get any settlement agreement in writing and keep that agreement, along with your payment proof, forever. Do not give collectors direct access to your bank account. Besides cleaning up your credit, there are other major factors that go into the approval process. These include minimum 2 year stable work history, income, debt to income ratio, other assets, downpayment and closing costs. My guess is that you would have to really work on it for at least 4 years to put yourself in a position to qualify for a mortgage. And even then, you might not qualify for $150K.<br><b>References : </b><br>BD You will need at least 24 months of consistent, on time payment history to even begin to see improvement in your score. If you don’t have current, open credit lines, get a credit card, even if you have to get a secured card. Use the card and pay the balance in full every month. You will really need several current credit lines with good payment history for several years to even get close to the minimum 620 you need for an FHA loan.

Mortgage lenders will also require that you settle all derogatory items on your credit report. Get a copy of your credit report (AnnualCreditReport.com) and see what shows. Start with the newest derogatory item and work back to the oldest. If something is close to the 7 year mark, just let it age off.

You should be able to settle old debt for 25% to 50%, depending on how old the debt. Get any settlement agreement in writing and keep that agreement, along with your payment proof, forever. Do not give collectors direct access to your bank account.

Besides cleaning up your credit, there are other major factors that go into the approval process. These include minimum 2 year stable work history, income, debt to income ratio, other assets, downpayment and closing costs.

My guess is that you would have to really work on it for at least 4 years to put yourself in a position to qualify for a mortgage. And even then, you might not qualify for $150K.References : BD

]]> Comment on How long would it take to improve a credit score of 446? by Angie http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446/comment-page-1#comment-4200 Angie Mon, 17 Jan 2011 09:31:59 +0000 http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446#comment-4200 my boyfriend raised his 100 points in a year. he started by getting a copy of his credit report and verifying all the information that was true. disputed what was not and then made arrangements with his collectors. i am learning that you can ask for a pay for delete letter for some of your debts so that is something to look into and also a secured loan or credit card seems like a good idea.<br><b>References : </b><br> my boyfriend raised his 100 points in a year. he started by getting a copy of his credit report and verifying all the information that was true. disputed what was not and then made arrangements with his collectors. i am learning that you can ask for a pay for delete letter for some of your debts so that is something to look into and also a secured loan or credit card seems like a good idea.References :

]]> Comment on How long would it take to improve a credit score of 446? by a1creditguide http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446/comment-page-1#comment-4199 a1creditguide Mon, 17 Jan 2011 09:06:59 +0000 http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446#comment-4199 Give it a minimum of 2 years. Just make sure you begin taking the steps you need to take immediately; don't procrastinate.<br><b>References : </b><br> Give it a minimum of 2 years. Just make sure you begin taking the steps you need to take immediately; don’t procrastinate.References :

]]> Comment on How long would it take to improve a credit score of 446? by wizjp http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446/comment-page-1#comment-4198 wizjp Mon, 17 Jan 2011 08:27:59 +0000 http://www.creditscore-repair.com/how-to-improve-credit-score/how-long-would-it-take-to-improve-a-credit-score-of-446#comment-4198 200 Points? you'll be ove a year at it if you do everything right<br><b>References : </b><br> 200 Points?

you’ll be ove a year at it if you do everything rightReferences :

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