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Looking for subprime lender to help with score of 550 but who can definitely afford mortgage

  • May 27 2013 - Claremont
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Answers (2)

With a 550 score you either aren't using credit, or you do have open accounts that are active, but you also have some collections or late payments.

If you can afford a mortgage, then you should be able to afford to settle your collections first.  When you pay, make sure to request a "deletion letter" in exchange for payment.  If you can get one, then we can rapid rescore the collections off of the report.

If you can't get a deletion letter, still pay the debt.  With it paid, then disputed, it's more likely to come off of the report.

Contact me through my Zillow profile if you'd like more direction on how to handle your credit scores.
  • May 28 2013
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Subprime lenders are gone. Your best bet is to figure out and correct the problem with your credit score.
  • May 27 2013
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