keoke779

32 Contributions 80 People Helped Top Contributor

Member Since: January 2009

Most Helpful Contribution

If I pay off my car loan entirely, will this help my credit rating

Apr 16, 2013
Helpful to 38 out of 41 people

But it is how the game is played.  I have noticed with my own credit cards that when i'm using less then 10% of the credit limits the score gets stuck where its at and starts dropping a few points if don't have new debt over 15%.

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If I pay off my car loan entirely, will this help my credit rating

Apr 16, 2013
Helpful to 38 out of 41 people

But it is how the game is played.  I have noticed with my own credit cards that when i'm using less then 10% of the credit limits the score gets stuck where its at and starts dropping a few points if don't have new debt over 15%.

how do i go about having a derogatory remark removed

Apr 06, 2013
Dispute it!
Helpful to 5 out of 5 people

With each of the Credit Bureaus: Experian, Equifax and Transunion.  Go to each of their websites and find the link for disputing errors.  Find the account on your online report and let them know that it was paid and the date that it happened.  It takes about 30 days for them to verify the account. Once that happens they will make the correction on your credit report.

How long does it take for my credit report to reflect my credit cards paid off?

Apr 07, 2013
Helpful to 2 out of 2 people

It depends on when the credit card companys do their reporting. For the most part they report every month, but it can take up to 45 days for it to show on your credit report.

how dose the hard credit inquiries fall off??

Apr 06, 2013
2 years
Helpful to 2 out of 2 people

Hard Credit inquiries stay on your report for two years. But the weight these carry on your credit score is only for 12 months.  Also, when you shop for a morgage or auto loan, the credit report company's know that you are looking for the best rate and multiple inquiries for these purpose are weighted as one, so long as they have been made within a 14 day period.

Can I rent a nice apartment with a Poor to Fair credit score?

Apr 05, 2013
They Look at Credit Report NOT Score
Helpful to 2 out of 2 people

Apartment managment companies pull your credit report to see your overall debt and see how much debt you have in relation to your income. They are looking that your carried debt obligations doesn't exceed 30-35% of your income.  Anything higher will most likely be reason for them to require a higher Security Deposit.

You shouldn't be afraid to try! Its wost to be stuck than to have a clear course of action.

how can i raise my crdit score 100 points in 6 months

Apr 04, 2013
Helpful to 2 out of 2 people

This is not always the case.  At the 7 year mark the debt will be sold to another collection agency, yet again, that will try to collect.  This is a good time to dispute the debt with the collection agency to provide proof that the debt really belongs to you.

how can i raise my crdit score 100 points in 6 months

Apr 16, 2013
Helpful to 15 out of 21 people

That is awesome advise Irocdunkszxx!

I am looking buy a house. What do I need to do to get a good home loan?

Apr 04, 2013
Helpful to 3 out of 4 people

You need to speak to a morgage lender. They usually get you the best morgage rate that you can qualify for based on credit.  To give you an idea, your income and overall debt will determine how much of a loan you can afford.  Your FICO score will determine the interest rate for the loan. 

how can i raise my crdit score 100 points in 6 months

Apr 21, 2013
Helpful to 1 out of 1 people

Unless you got the credit collections companys to agree in writting that they will report the accounts paid off to all 3 credit beareaus they will probably not do it.  You can go to each of their websites for Experian, Equifax and TransUnion and open a dispute claim for each company.  You just need to let them know that accounts have been paid off and the date payments were cleared. Within 30 days each credit beareau will update the records.  Its time consuming but its a way to ensure the info will be updated.  

how can i raise my crdit score 100 points in 6 months

Apr 16, 2013
Helpful to 1 out of 1 people

If you pay all these I think your credit will improve a bit, but not much. The reason will be because credit scores are a measure of good continuous paymet history not of lumpsum debt payment.

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