I have about 700+- credit score. I think FICO is around 688-708 the damn true credit (transunion) site says I have an 853,863,845 but that seems too high. I own a rental (75% LTV with 318K balance) and am in the process of selling a rehabbed home if that might make a difference. i am simply trying to raise my score as much as possible. I have one judgement from a beach house in '06 ( I was dumb enough to get on the lease, joint with 2 others, and also to think a lawyer wouldn't screw me. We came to an agreement prior to seeing the judge and he filed it as a judgement without letting me know) It is Satisfied and has been since 1 month after it was filed, as agreed. I also have a $30 delinquency(PAID from 08) from a medical bill that was not paid by insurance. I was told by insurance that I should not pay it ( I of course do not have any of the paperwork for this). so when it went to cellections they agreed on the pohone to drop it off if I paid, they did not. I have never been late on a bill otherwise and am only utilizing about 11.5% of available cerdit. 3K of 26K I could pay this off right now if it would matter. I only have 3 active cards 2 chase visa and a discover I recently increased my limit on my longest existing card (discover), took total credit from 19k to current 26k I want to be able to buy another rental in about 13 months. So I would like as high a FICO as possible to get the best rates and loan options. What would be a good plan. If this has been answered in another section just let me know and I will search more. I have had trouble finding any specific answers on this ( other than pay on time and wait)
Bump for any help. I read a lot of the stickies. Should I just write a letter to the doctor and ask them to remove it from the file since it's paid.
Don't pay much attention to the true credit "FAKO" score. Your FICO scores are the only ones that matter. As you probably know, about 65% of your FICO score is based on both your payment history and your credit utilization ratio. Your CU ratio looks fine, so there's nothing to worry about there. It sounds like your current payment history is good too, so keep that up. Now, the only thing that stands in your way of great FICO scores is the fact that you'll need to clean up your past credit blunders, which include the judgment and paid medical collection. Unfortunately, the judgment is going to be a tough one to deal with since it's public record and a done deal now. Time may be the only cure for this one. Regarding the paid medical collection, what communication have you had with the CA since they agreed to PFD verbally and then didn't? Is there something inaccurate on your credit reports that you could dispute through the CRAs in hopes that the CA will simply not respond now that they've got your money? A goodwill letter to the CA is always another option, especially since we're talking about such a small amount of money here. Of course, the CA doesn't have any obligation to help you out, so you just never know if the goodwill route will work out.
