by Danny
(Houston, TX USA)
Regarding Improve Credit Rating To Buy A Home: I am trying to buy a home but I need to improve my credit rating and score by 20 points. A public records judgment should be taken off my record but I also have 2 medical collections that will drop off next year. Both are under $300.
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A third collection of $117 will also come off next year and a credit card collection of $1400 is about 4 years old. This is all that is left on my negative accounts.
A bank loan with a balance of $300 is up to date and paid on time for one year. I got this to improve my score.
Could you give me your opinion on which 2 items I could pay off to help increase my score by 20 points?
I am not sure if paying off old collections would help more than paying off an up to date loan account.
You can also ask Kate about your mortgage at How to Improve Your Credit Rating with Amazing Success.
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