I have recently decided it was time to clear up some past mistakes, and try to get myself into a better posistion to purchase my first home within the next year. My current credit score is 559/561 (equifax/experian) and i have been told i will need a minimum score of 600 before most mortgage companys will talk to me. My current account balances past due are $7,000, and will clean 4k of that within the next 2 months, and the final 3k within 6 months. I am financially able to afford to purchase a 10K-12k vehicle, which i honestly do not need, but could use the credit reference. My questions are 1. could i possible get financed for a vehicle with this low of a score. 2. are there any other options to build the credit back up enough.
