Chance of getting into 500 club ?

Discussion in 'Credit Talk' started by toolhound, Aug 14, 2002.

  1. toolhound

    toolhound Well-Known Member

    I have a 480 beacon score . I have two car repo's that have been seven year's and my record and needs to come off and a $12,000 beneficial loan that has not shown up as being paid . Think there is a chance that this would raise me to 525 or so ? Thanks Dave
     
  2. LKH

    LKH Well-Known Member

    Sure, there's a chance. It all depends on what else is on there.
     
  3. rblues

    rblues Well-Known Member

    If you feel comfortable, please post your CR. Creditnetters will dissect the crap out of it and give you some great advice to raise that score :)
     
  4. dogman

    dogman Well-Known Member

    Hey Toolhound - welcome - a LOT of US have been LOWER!

    Ready?
    You pulled all your reports?
    Experien, Trans Union, Equifax?

    give us more and well cleanup and you'll get a new card with reasonable terms that will help buiild good credit.

    aarrf - dogman
     
  5. lesarin

    lesarin Guest

    525 is well into very POOR territory. I dont know why your so set on getting that score. That score has denied all over it.
     
  6. sassyinaz

    sassyinaz Well-Known Member

    Lesarin,

    Because it's a lot higher and moving in the right direction from 480.

    Sassy
     
  7. cibomatto

    cibomatto Well-Known Member



    525 is a heck of alot better than his current score.. and besides any effort to increase the score is good..
     
  8. rblues

    rblues Well-Known Member

    I agree. After 525 it only gets better.
     
  9. toolhound

    toolhound Well-Known Member

    Well you are right 525 is what the morgage broker has told me I need to be at so I can get a 9% home loan. I have $50,000 I put down on a Lease option but I also work for Boeing and I can't chance getting laid off . I would think that two car repos and a paid off loan would get me close but I have no clue how the scoring go's . Toolhound
     
  10. sal826

    sal826 Well-Known Member

    Toolhound,

    A mortgage lender told you that you could get a home loan with a 525 fico?





    -Sal
     
  11. Gregory

    Gregory Well-Known Member

    Are you at Boeing here in Seattle/Everett/Renton?

    Greg
     

Share This Page