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So stupid question #1: How can I improve, my standing/score? I currently do not have a good score,as

Profile picture for GordonDafoe
I am recovering from 4 strokes. I will not get my settlement, until June 18, 2012. So I am cash poor right now,for sure. I got or arrived at this score via the bad times in Florida. I feel it's recovering. But my score now lays at about 580. Because, I SELF-employed, I am a General Contractor, so I get paid by my company in a progressively better way. As I found the home I really like, must I wait until I can seal the deal and lock it up, Or what?  Any help or advice is sorrrrly appreciated.
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May 21 2012 - US
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Answers (2)

go to orchardbank.com and apply for their credit card.  They report to all 3 bbureaus and I would go to a local credit union and apply for a secured cc as well that will report to the bureaus...  The good thing is that the limits are maxed at 500.00.
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May 22 2012
I have become something of an expert on my family's credit this year, but everyone's situation is different. I have learned a lot by reading at www.myfico.com and learned even more by asking questions there. Have you spoken to a lender yet? Sometimes the only way to really know where you stand is to apply.

I was heartbroken last year after finding a home I loved (we lost our home in a tornado) and then losing it when we couldn't obtain financing before it sold. However, I have been able to get our scores up now and we will be able to buy when the right home comes along. It is what it is....

I sure hope your health problems are behind you, and good luck!
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May 21 2012
 

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