Sign in to follow this  

house 3 years after foreclosure and old collections

1 post in this topic

So, a little of my history.  I got foreclosed upon 3 years ago.  Only my name was on the loan, not my spouse. I have about half a dozen collections on my credit report from around the time of the foreclosure that are unpaid.  I have a car loan with a $400 a month payment, again only in my name but no lates.   Student loans are deferred because I am in school right now.  I have no credit card.  

My spouse has a credit card with low utilization and also about half a dozen collections some of which are on both reports.

We are at the 3 year point after a foreclosure where we want to buy a house but are unsure how to proceed. Both of our scores are around the 600 mark.  I know paying off the collections won't help our scores as they are older. Disputes are in with the credit bureaus. What else can we do?

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this