Infinity App for Marv...

[SURFJ9009]

Marv,

Just real quick, I will be purchasing this car in 4-6 months. I am currentlty trying to get some added to a few AU accounts and get my own secured cards. Any advice you can give me to help me prepare and get there is greatly appreciated. The scores below are TC scores. I was told by a mortgage lender that EX and TU couldn’t FICO score me. “ Risk score not available due to model exclusion criteria†and “File not scored because subject does not have sufficient credit.â€

 

 

Your Age: 28

 

Your Equifax Credit Score: TC 568, EQ was a 603 BEACON

Your Experian Credit Score: TC 560

Your TransUnion Credit Score: TC 591

 

I have since added about a 10-15 INQ’s spread throughout each CRA, which I am sure has lowered the beacon score. The TC scores are most recent.

 

How long have you been on file with the CRA�s? since 1997, I am deleting as manny baddies as I can still, so I will be left being on an aged Crap 1 from 1997 on all 3 CR's. UGH!!

 

Previous Automotive Credit History: none, all vehicles purchased with cash

Do you have an open auto loan? no

Will this loan be a trade-in? no

Number of late pays within the last 12 months? n/a

Number of late pays within the last 13-24 months? n/a

Current open auto loan is financed with? n/a

Current open auto loan payment is? n/a

Estimated amount you may be upside down in this vehicle? n/a

Rate this open auto loan from 1-10 (10=BEST) n/a

 

Revolving Credit History:

Total number of revolving accounts? 1, authorized user only.

Total percent utilization overall? 0

 

Your Information:

How long at residence? 4 years, 3 months

Rent/Homeowner/Live with relative? rent

How long at current job? Starting new job in January, 5+ years in industry.

 

Total Provable MONTHLY GROSS INCOME? $5280

Provable via computerized paystub or what method? Computerized paystub, directly deposited into bank account

 

Your Downpayment in CASH: $10k is the goal

Rebates not considered; Trade Equity not considered: CASH ONLY PLEASE INPUT.

 

Does any credit repository contain any Public Record?

Is so, please describe.

EQ has BK7 from 1998 and a judgement for $560 (I will probably be paying this off in the next few months)

EX has BK7 from 1998

TU has BK7 from 1998

 

Does any credit repository contain any Collection Account(s)

If so, please describe.

EQ has 1 IIBK, a $55 collection for library books, a $1300 collection account opened in 2000(was recently deleted from EX and TU, running a 1-2 punch now), and a collection for GOV debt (V/A) $524 opened in Feb. 1999.

 

EX has the same collection for library books, a $384 collection I am currently suing on, and the same unpaid collection as EQ ($1200) that is almost SOL in WA (reporting twice here as well).

 

TU has the same unpaid collection as EQ & EX ($1200) that is almost SOL in WA

 

New or Used Vehicle you are considering; please describe: I will be purchasing an Infinity G35 coupe. I would prefer to buy a 2005 or 2006, black with black interior, with the premium and aero packages. May consider a 2004, but I would rather own one that is BRAND SPANKIN’ NEW. Picture available for viewing in my siggy.

Your creditworthiness on a scale of 1-10 with 10 being the best: 10, I will never make bad decisions as I have in the past.

OVERALL credit: Poor, but getting better. I have been deleting a lot of neg. tl’s.

Installment Credit History: Poor, I guess. None would be more like it, but several of the remaining collections I have are listed as “installment†even though they are not.

Revolving Credit History: Had an old account with American general, Pays as agreed.

Have AU use on a Crap one card with $300 limit and history reporting since 1997, no lates. Will be getting an Orchard Secured soon, and probably Crown Jewelers too. I am trying to rebuild. Macy’s said no, Target said no.

Edited December 18, 2005 by SURFJ9009

[MarvBear]

w 10K down you will be approved.

[SURFJ9009]

Are there things I can do to fix my credit history up some more so that maybe I will not have to put $10k down, maybe 6 or 8 instead?

[MarvBear]

Credit repair questions are best asked in the main credit forum & it is best to deal with specifics when asking those questions IMO.