Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Mortgage
Profile Image

Question By
idonut

0 Contributions
0 People Helped
Looking to buy a house.
My credit score right now is showing up around 604 i'm looking to buy a house but i have about $300 in medical bills showing up as derogatory and $125 charged off on a credit card. Should I pay these off to increase my score or should I check with a lender right off?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
3051 Contributions
2791 People Helped
Most Helpful Response

Helpful to 3 out of 3 people

Try www.naca.com, no credit score needed.  Non-profit group doing mortgages for middle & low income folks.  4% interest, zero down payment, zero closing costs.

Unpaid collection accounts will fall off your report 7 years from date of delinquency.  Your mortgage lender (not naca.com) may require those to be zero balances before they write a mortgage.  If you must pay them off, try to get them to agree in writing that they'll remove the accounts from your report once paid, otherwise they stay on for 7 years from date you pay them.  Best of luck!

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.