Home arrow Mortgage Forums arrow Loan Talk for First Time Home Buyers arrow

Good credit becomes bad in 12 months

Author Message
Icon Mini Profile kim090807





Joined: 20 Sep 2009

Posts: 55

-0.01 Dollars($)
Post Posted: Sat Oct 10, 2009 11:04 am    Post subject: Good credit becomes bad in 12 months
Like 0
Dislike 0

About a year ago my FICO score was very good, now it's 616. I don't understand. I have never been late on any payments at all! Can you advise?
Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

Posts: 1731

35.55 Dollars($)
Post Posted: Sat Oct 10, 2009 11:32 am    Post subject:
Like 0
Dislike 0

Kim

You will need to check your latest credit report and see what happned. Credit report can tell you the reson for your credit score being low
Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

Posts: 1731

35.55 Dollars($)
Post Posted: Sat Oct 10, 2009 11:36 am    Post subject:
Like 0
Dislike 0

Probably this is the reason whay your score is low

http://www.mortgagefit.com/predeal/about29157.html

Looks like you already knew about this
Icon Mini Profile leeelliot61





Joined: 13 Sep 2009

Posts: 188

0.01 Dollars($)
Post Posted: Mon Oct 12, 2009 5:41 am    Post subject:
Like 0
Dislike 0

As I understand you just know the score but haven't seen your credit report. You should see your credit report . Could be some minor things that can be easily fixed, but could be something more serious that requires immediate attention.
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor

best lender badge

Joined: 09 Nov 2007

Posts: 12357
Location: bloomfield, ct
55.04 Dollars($)
Post Posted: Mon Oct 12, 2009 7:26 am    Post subject:
Like 0
Dislike 0

please cease this ridiculous posting of questions and then turning around and trying to be an expert on the same topic. your credibility is zeroed out and in so doing, you bring to question the creditibility of all of the rest of us.
_________________
George M. Akerley
Mortgage Underwriter/Consultant
Word of Excellence- Writing/Editing/Proofreading
860-221-5044
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor

best lender badge

Joined: 09 Nov 2007

Posts: 12357
Location: bloomfield, ct
55.04 Dollars($)
Post Posted: Mon Oct 12, 2009 7:27 am    Post subject:
Like 0
Dislike 0

uh-oh
the word is "credibility" and not "creditibility." and i call myself an editor

_________________
George M. Akerley
Mortgage Underwriter/Consultant
Word of Excellence- Writing/Editing/Proofreading
860-221-5044
Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

Posts: 1731

35.55 Dollars($)
Post Posted: Mon Oct 12, 2009 5:54 pm    Post subject:
Like 0
Dislike 0

May be this why your score is low

http://www.mortgagefit.com/credit/debt-collection.html
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.129 seconds.