Hello All. Ok..I'm freaking out. I was on target. Everything great. Scores looking good. Pushing for those last points to get me to 700. Builidng a house see, need the 700! Today I get a call from builder...CLOSING TIME! Walk through scheduled for 08/29. So credit pulling time is now!!! S***! Manager last quoted October move in...thought I had time. NOT!!! That is how it works here in AZ. Somebody put some fire under their butts and bam...here i go!!! Ok...so if I pay chunks on my cards am I too late? How long does it take for that to report? What would you do....myfico.com to see where I stand???? HOLY CRAP. This is a very stressful day.
First, see where you stand. Are you financing thru the builder's lender, or have you looked at other lenders?
take stock on when all of your credit card companies billing periods end. usually they report to the credit bureaus between a few days to a week after that. just pay off your cards with the ones ending soonest, and you can bump your score considerably. you can even manipulate your scores by moving your debt around. this is not advisable on a long term basis, but can be effective if you are trying to get a good mortgage rate and manipulate the credit scoring ratios in your favor. good luck
