Jump to content

Get more Credit Cards or no?


Recommended Posts

Hello Everyone,

I am new to the site, love the information, thank you all for taking the time to compile it.


Ok, start with the backstory:

I have a question for opinions. My house was foreclosed on back in 2010. At that time my wife and I had great credit, over 770. Since then we really have not done much with our credit.

We are interested in getting a home again, and we just pulled our actual FICO scores, and surprisingly they were higher than I expected. The FICO 8 scores for me are 672, 618 and 618. And my wife's FICO 8 scores are 636, 630 and 584.

Our FICO 9 Scores are superior to this, with some of them over 700, but FICO 9 is not being used right now I hear.

On our credit is the old charged off accounts for the mortgage, a lot of closed accounts (4 auto loans, student loans, credit cards, etc.)

There are 4 active accounts on our credit, 1 secure credit card through our bank, and 3 very minor medical bills that went to collection.


Now on to my question:

With us interested in getting financed for a home, what would be the best thing to do now in your opinions? Should we apply for a couple more credit cards to build that credit up? We are planning to request pay for deletes from the 3 collection accounts to remove those., or should we not bother as they are medical?

We are looking for the best suggestion to proceed to prep us for a mortgage. And we are far better off than I expected going in. Any suggestions?

Link to comment
Share on other sites

  • 4 weeks later...
  • 1 month later...

If i was you, I would do everything I could to remove the 3 medical bills off your credit file. That will help a bunch. And I would apply for a card or two  (capital one is pretty awesome at approving people trying to rebuild their credit). Good luck! 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Create New...