MsKMG86

Thanks I appreciate it and will complete the steps you indicated above

bumping

Hi, I was in the midst of beginning my credit report cleanup in which I opt'd out last week ago only to find out that my identity & credit card information has been stolen. My information was used in New York within the last few days and I reside and work in Texas. I've never done business nor visited New York. I don't use my business card very often since most transactions i handled through my business checking account. I don't know how they got my information. I am now worried this will affect me in the next few months for home purchase. I did officially file a police report today and have the file report # however I've been told by the Texas Police Department that they will forward their initial report to New York Police Department who will have to complete the investigation which I don't know how long it will take. My credit card company (Capital One) has been very helpful and they have also initiated a Fraud Investigation for the transaction and removed the charges on my credit card, they also close out that card and are sending me a new one. The rep at Capital One Fraud Dept was able to tell that I hadn't completed the transaction based on the personal information that i provided her, so i am relieved that is one less thing I have to worry about. My only concern now is can I continue to step 2 - deleting old address process while in the midst of Fraud Alert? My initial Fraud alert with the CRA's is 90 days which I did online today at the discretion of the Texas Police Dept Investigator that I spoke with today. I will be mailing out the extended Fraud/identity theft alert per CRAs directions on their website this week. I will also be calling to place a security freeze on my files too. Am I stuck? Can I move forward with the credit cleanup & dispute process? I was trying to remove a medical collection off my file as that's the only thing holding me up for house buying per mortgage loan office. I was set to buy a house in June and i feel like this has been a complete setback in my process. Please HELP!!!!

Hi all, I recently paid a late invoice (medical) in which I just pulled MyFico Report and it shows as a collection account. I paid directly to the Original Creditor (Medical Office where services were given) at their online website. If I had of checked my CBR before paying I would have tried to pay for a delete or something to get it off my CBR. What do I do now as I need the Collection (with a CA) off my CBR? As I can't have any collections post BK per my Mortgage counselor who's helping me in the home buying process for my first home. Please HELP!!!! I am so lost as to what to do.

There are not a lot of programs available these days FHA VA USDA and Conventional - unless a bank is using their own money to fund a loan these are about the only options available - The earliest any of these allow you to get financing with a BK is 2 years post discharge. Only USDA and VA allow 100% financing (no down) No costs doesnt really mean no costs it means taking a higher rate to compensate so you do pay just over the life of the loan - not a problem so long as you understand that. Do you know what the loan program is that your friend is talking about using for you? B No I'm not sure what program/loan type she is referring to that would get that good of 100% financing in such case. I know of NACA program but I am not sure who/how they provide that option with 3.5% apr, no closing cost and nothing down. I am waiting to hear from her sometime soon as it has me wondering too since due to all my search I haven't been able to find much that would match my scenario for mortgage financing. VA loan wouldn't be an option for me as I am not military in any aspects. FHA i know that they have their guidelines of 2 years which for me is worst case scenario. For USDA, i don't believe i fall into the category for low income as well as home wouldn't be in rural area. I am looking to purchase in the suburbs of DFW (North Texas) area. If i were to have the funds to put down or to cover closing cost....do you know of any program that would qualify me for a loan with recent bk (less than 2 years) ?

Hi all, So I am looking into purchasing my very first home or townhome at the age of 26. I have no kids so no other major expenses for me. I am still learning about all the details of the process as some parts are new to me as I've only worked Modification, Short Sales, HELOCs and Foreclosure (Mortgage industry job). My two year mark at my current employer (major mortgage bank) is in July, My previous work history would still add up to the make up 2+ years due to being in the same field which is a little over 4 years. Anyways below is my summary as I have some concerns since I had a Ch7 Bk filing almost a year ago come (June. Since the filing, I've obtained 2 ccs and auto loan (was needed had no transportation)in which all bills are paid early/current with no lates since filing BK 2011. Debts: *approx 60k in Student loans (in process of consilidating, in deferrment status due to still in school until Jan 2013)result payments wil be about $350 on the high end *Auto Loan $425/mo *CCs only used for small items which are paid of immedidately- these stay at $0 balance for the most part. When there is a balance its usually a asking minimum payment for both ccs $15/each I have no other debts. My credit scores are in the low 600s. I have a loan officer/friend whom I will be working with in the upcoming weeks but wanted to be proactive to ensure that i make the process smooth as possible. Loan Amount: up to $225k max, but would prefer around $180k Salary: $64k currently up for a promotion that would result in an increase salary to be approx $80k Would Like to move into home by the Fall at the latest Will i have any troubles obtaining a loan mortgage on my own? I do not have any plans on having a co-signer. My loan officer stated that I wouldn't have to put anything down and could get me the loan I want with no closing costs, which i know isn't far fetched as she's helped a few of my other co-workers obtain their first homes with similar situations. I am waiting to hear back from friend about further starter the process, but i am anxious to get things started and to further educate myself on the otherside of the mortgage aspect. Your greatest insight on the above is appreciated.

Why not just make them buy you a new one since it was part of your original contract deal. And no not everything is included in the home for some states such as Texas a Fridgerator is not always standard in the sell of a home. Otherwise I would think if they want to take the stove out of the deal your realtor needs to make an addendum with the contract and allow your offer to be less by the cost of a new stove. Hope all works out well. i wish i could offer more assistance.

no nothing else

I'm sorry about the misname, it was a long day when i initially posted and was a bit tired. I've given as accurate information as i can for the application with exception of pulling a more recent credit reports. I have no revolving except student loans which are deferred as i'm in school.

LOL Merv might be gone a really long time. Is Merv in hibernation? Is there an expected return date? Anybody else that help?

Oh okay thanks

Hey Merv, if there is something i need to work on please let me know as I've been erry on opening up new lines of credit (credit cards). If did I would only want to do 2 at most. If I do open up new credit how long do i wait after that to go in for an auto loan? Your Age? 24 Your Equifax Credit Score? Low 500s before BK discharged Your Experian Credit Score? Low 500s before BK discharged Your TransUnion Credit Score? Low 500s before BK discharged How many years have you been on file with Equifax? 6 How many years have you been on file with Experian? 6 How many years have you been on file with TransUnion? 6 YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY Do you have an open auto loan? no Will this open auto loan be a trade-in? n/a How many late pays within the last 12 months on the currently open loan? Recent BK discharged 1 month ago, no new credit lines open as of right now How many late pays within the last 13-24 months on the currently open loan? n/a Your current open auto loan is financed with? n/a Your current open auto loan payment is? n/a Estimated amount you may be upside down in this vehicle? n/a Rate your payment history on this open auto loan from 1-10 (1=poor:10=Best) n/a YOUR REVOLVING CREDIT HISTORY Total number of revolving account(s) you have? n/a Total percentage utilized overall? ? not sure??? No new credit since BK discharged and never had any mortgage How many of your revolving accounts are store cards? n/a How many of your revolving accounts are major credit cards? (i.e. Amex, MC, Visa) n/a How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) n/a YOUR PERSONAL INFORMATION How long at your current residence? 2 months Do you Rent or have a Mortgage, or Live w/Relative or Other? Rent Your Monthly Rent or Mortgage payment? 670 How long have you held your current job? 5 months Your total provable monthly gross income is? $2880 Your provable monthly gross income is provable via what method? Paycheck stub & bank statements if need be (i.e. computerized paycheck stub, or tax return, or bank statements) Is there additional monthly income? What amount monthly? n/a Describe the source. Is the additional monthly income provable? n/a Spousal income is not applicable. YOUR DOWNPAYMENT Please tell me your exact down payment in cash? $3000.00 (no trade-in or other vehicles – surrendered in BK now I need a replacment) (rebates and trade equity are not considered, please input a dollar value only.) Does any credit repository contain any Public Record? If yes, please very briefly describe. Civil Judgement (small claims court) paid in full immediately after settling in court Does any credit repository contain any Collection Account(s)? If yes, please very briefly describe. 7 collections but discharged in BK 1 month ago on TU it reports higher collections of 12 but discharged in BK 1 month ago as well Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) 2 Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) 8 Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best) 4 New or Used vehicle you are considering: Please very briefly describe. 2009 Kia Sportage 2,000 miles $17,998 TIA