Ask Experts Questions for FREE Help !
Ask
    buddybow's Avatar
    buddybow Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 21, 2009, 08:55 AM
    Credit score update?
    At 64 yrs old I just recently received my first credit report. I have either paid off all legit items or successfully disputed the non-legit items. When can I expect my credit score to go back up and by how much? Some of the negative items should never have been there in the first place and have definitely lowered my score needlessly.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Mar 21, 2009, 08:58 AM

    As soon as the items are removed/amended, your score will change. By how much we can't say.
    buddybow's Avatar
    buddybow Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Mar 21, 2009, 09:28 AM

    I am currently at 573/607/564 before clearing up negative items, but need 620 middle score for mortgage. Is there any reason for me to expect the needed change in the near future? I have VA certificate but need a home/land package first then convert to VA or Rural Development. Any advice at all will be GREATLY appreciated
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #4

    Mar 21, 2009, 09:32 AM

    Tha's close especially on the middle one. But the scoring agency keeps a close handle on the way the formula works, so its hard to predict any actual amounts.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Credit card and my credit score [ 7 Answers ]

I have always paid my debts in full and on time. I have a credit score near 800. I had to make a purchase of $3900 and used my creidit card. My limit on this card is $20,000. I am paying the amount in full before the due date the end of Sept. Will this large aamount affect my credit score since...

Credit Counseling bad for credit score? [ 4 Answers ]

We've managed to pay our many bills, but it has really been hard. We've thought about a credit counseling service yet were advised that it can hurt your credit as much as bankruptsy does. Recommend or not?

FICO Credit Score: Maintain a 50% debt to credit-limit ratio on _each_ card? [ 1 Answers ]

I have been advised that I should transfer part of a balance of one credit card to another card in order to maintain 50% debt to credit limit ratio on _each_ card even though my _total_ debt to credit limit ratio is already below 50%. (Most of the debt is on one card for convenience.) I could...

Credit score [ 2 Answers ]

HI. I have a car, which is financed by Chase auto finance. Well I signed up for paymatics. This will deduct money from my checking account every month. I don't know what happened with this "paymatics" that deducted my money, and then it reversed it back to my bank. I had sufficient funds in my...

My brother's credit debt harming my credit score! [ 2 Answers ]

Just some background information- my brother has many, many debts. (he is a lawyer that just never succeeded and has no real work ethic) So he uses my father's credit cards, pays the minimum amount every month, and he basically lives off my father's credit cards for all of his expenses. My brother...

View more questions Search