Lead a horse to water, take a drink for them?
I am working on a number of refinances. Some are streamline
FHA refinances into lower rate, lower MI premium. Often
Borrowers choose a FHA loan product not just because of
the low down payment, but because their FICO score is
low or they have credit challenges.
For some reason credit habits are like any other habit-
drinking five glasses of water or closing your eyes to bills
when money is tight. Many of the customers who I fixed
their credit now are back again in the same low score situation.
All credit can be repaired. It takes letter writing, juggling some
balances, making sure everything going forward is current and
some tips and tricks. I am again sharing with you tips on how to
get your FICO up:
Opt out - do a consumer credit opt out and stop all the
junk mail and soft credit pulls, also helps prevent fraud
Balances below 69% of available line
Ask me about a letter writing campaign for free
Get everyone current and pay on time.
DON'T close accounts
Do not ever give your social to CarMAx
Don't let people pull your credit file