Whats keeping my credit score down?

I have been trying to rebuild my credit for some time, and keep getting denied for different credit cards. I would appreciate some advice.

Can I have an old mortgage removed? I had a mortgage in 2003 and had many 30-60 day lates. Sold the home in 2003 and the mortgage was paid off. But the lates still seem to haunt me. And since this mortgage was sold a few times, and I had a second mortgage, this one house has some 4 bad credit entries for it. All paid in full at the time of the sale?

Any advice appreciated.

Whats keeping my credit score down?

Each time you apply for credit it creates a %26quot;hard%26quot; enquiry on your credit report resulting in FICO losing around 5 points. The best solution is not to apply for any credit for next six months and pay your bills in full end of each month. You cannot do much about the delinquent accounts in the past. You can get get secure credit cards and use them to create good credit history.

Whats keeping my credit score down?

Unfortunately these will stay on your report despite being paid off until 2010 (they should have a 7yr expiration). The only way to get your score improved is to continue paying bills on time and it will slowly go up.

Whats keeping my credit score down?

I deal with these questions all day... Your score is based on different components... Derog accounts, Debt Ratio, Inquires, Credit Mix. If you have maxed out your credit limits your score will go down, lates, charge off, collections, judgements will cause it to go down, how many times you apply for credit affects it. and a mix of credit ( revolving, installment, mortgage also affects it. You can get lates off, but it%26#039;s a process.... but they can come off... Good Luck

Whats keeping my credit score down?

Yes, the person who answered you previously is a very good answer. I have had troubles with my credit for years too and defiantly stop trying to get approved for more credit card!! Your credit score will eventually go up when you make your payments and get things paid off!! Good luck!

Whats keeping my credit score down?

All that late stuff was some years ago and now is losing its affect on your score so your score will start to go up as time goes by. You are going to have to start out with a credit card with high fees and rates to began with you may want to go to your local bank and ask them how to get started.

Whats keeping my credit score down?

You could use simple credit repair to get the old mortgage lates removed. Check out the free evaluation form at www.totaldebtsolutionsllc.com --They partner with a true non profit that provides a high quality service for just $125. My mom used them and her score jumped 60 points. Good luck.

Whats keeping my credit score down?

I%26#039;ve been rebuilding my credit over the past year or two and what I did was apply for a secured credit card. With that, you have to put the money down for your card. So I sent Bank of America $250 and that was what my credit limit was. Then I just used the card wisely and made all my payments on time. By the end of the year, B of A removed the secured part and my credit card became a normal card. Now my credit score is over 200 points higher (was 414 at worst). Also, stop applying for credit. Every time you do, your score drops. Just keep working at your existing credit, paying things off and making your payments on time, and you will find that your score will improve over time. There is no quick fix.