Medical collections, paid off, duplicate accounts, 7 years old, refi my home

I went to the bank 2 weeks ago to refinance my home and add a couple of bedrooms to my home... I was told that I need to get my credit score up to 600 to get the loan... I have disputed a lot that is on my account.. I had 2 account that have been paid off 3 years ago, they are showing up as 5 separate accounts with same banks in 5 different city's... I had 2 medicinal bills I paid off 2 weeks ago how longs will it take for them to come off of my credit report??? They emailed the reporting agencies after I paid them... I received a phone call about 15 min's ago, it was from a collection agencies that they had a old bill, wonted to know if I wonted to work some type of Payment options out so it will not go on my credit record... I asked the girl what was the date of the bill... It was to a local hospital dated December 6, 1999.. Can they still report this to the credit bureau???? thanks for the info

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last question
if the bill was sold for pennies on the dollar to the collection's, they can collect, but not put it on your report or threat to sue.
second question
those should take no longer than 30 days.
some of those duplicate accounts might come off. I would call the original creditor and talk to them about this action. three states, or cities, or accounts or whatever and find out if you can get some of that merged (deleted). Thell them you will which of the duplicates you will dispute so thye don;t have to do any work juts dont respond.
pay down any balances that might be more than 80% or your high credit limit

need to get my credit score up to 600 to refinance my home

I went to the bank 2 weeks ago to refinance my home and add a couple of bedrooms to my home... I was told that I need to get my credit score up to 600 to get the loan... I have disputed a lot that is on my account.. I had 2 account that have been paid off 3 years ago, they are showing up as 5 separate accounts with same banks in 5 different city's... I had 2 medicinal bills I paid off 2 weeks ago how longs will it take for them to come off of my credit report??? They emailed the reporting agencies after I paid them... I received a phone call about 15 min's ago, it was from a collection agencies that they had a old bill, wonted to know if I wonted to work some type of Payment options out so it will not go on my credit record... I asked the girl what was the date of the bill... It was to a local hospital dated December 6, 1999.. Can they still report this to the credit bureau???? thanks for the info
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last question
if the bill was sold for pennies on the dollar to the collections they can collect but not put it on your report or threat to sue.
second question
those should take no longer than 30 days.
some of those duplicate accounts might come off. I would call the original creditor and talk to them about this action. three states or cities or account or whatever and find out if you can get some of that changed. Thell them you will which of the duplicates you will dispute so thye don;t have to do any work juts dont respond.
pay down any balances that might be more than 80% or your high credit limit

FICO score staying around 560 to 599, and using your advice i paid them off all four of them,

I am trying to prepare for an upcoming mortgage rifi...but my score is about 575. I talked to someone who explained part of my problem is the simple fact that I currently have a HELOC and this is holding down my score. I was told having a HELOC automatically places me or anyone who has one into a lower score situation because the HELOC affects my revolving credit ratio, that is it isn't an installment loan. My HELOC is $25K limit, about $24K balance, so highly leveraged. My question is this: I know moving revolving debt around to another credit card doesn't help because it doesn't change the ratio, but if I convert the HELOC to an installment loan, which my creditor says is possible (even though I'm looking at $1,500 origination fee) will that improve my revolving ratio and thus my score?? In other words is it worth doing?? I'm told that installment debt ratio doesn't weigh as much as the revolving ratio.
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that's one heck of a question put that way.
i doubt it and then ????????
i could see how it might help having 50000 dollars in revolving credit with no obligations and the home equity line of credit "HELOC" down to 80% or less. I've been told that you should go for 50 and 10% for super scores. I have always said 80% percent LOWER THAN across the board on ALL loans.
Installment loans always start out at 100% percent balance BALS, to HICR high credit limit ratio.
I guess in "super perfect world" you borrow enough on this installment loan and pay it down to less than less than 80 % BALS balance to HICR high credit ration, FAST no sooner then your first payment afteer you get your installment loan book from installment loan originator.
IE: borrow 40,000 dollars $ and use part of that money to pay the installment loan down to $ 32000 dollars.

if there was any way to move all your money around so that all the balances came down to 80 % percent or less, then I would like to see what happened there, or could happen if you added it all thise numbers up.

If I used the get and installment loan thing i would try to add it up like i said first. pay down the installment loan to .80

you must realize this is a limited answer about your situation.
this is a good general answer.
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I recently go my revolving debt down from a 76% ratio to 21%. I saw my score immediately jump by 63 points at one CB. A little less at the others but still a good jump. Because my scores didn't jump more, and I was seeking answers, this is where I got the advice that my HELOC was the culprit, although technically it isn't a part of the revolving ratio I just mentioned, meaning it doesn't list as revolving on my reports, but as part of my mortgage total. It is probably the case that I just need to pay it down to the 80% you mention, which would cost me about $4K. Also, I have two relatively new student loans that I could get to 80% or so at a cost of about another $5K.

If you agree, the only question then is where to get the money. I'd have to borrow it and I would think increasing my Visas (revolving limits) would increase my 21% ratio, so my question then is would it better to get a signature (installment) loan for $9K, then come up with another $1800 in cash to get that loan down to 80%???
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your talking about borrowing no matter what
so i would borrow eough to add all the numbers up to less than 80 percent bals/hicr and if i could, i would, try to pay the smallest account to nothing NOTHIN or 10 percent or 50% percent if I coud and make the numbers work
when you go to check your credit HERE A GOOD ONE
make sure that all of you reported credit is paid up, on THAT day. no checks in the mail stuff, on company books

sometime i pay my house loan 14 days late online to move my money.
and sometime i pay my gas card a few day late because it is my smallest account
make sure everything is paid in full and the checks for this month are allready on all your creditors books.

THEN BAMM
pull your credit and let me know what happens

Trying to refinance a home with 105 negative statements

My fiance was laid off reducing our income. I had 13 credit accounts that all went delinquent --- charge offs, late payments (30, 60, 90, 120). Last sping (2007) I worked with a company to settle these debts. All balances are now zero, but did not raise my credit score due to the remaining negative statements. Currently there are 105 negative statements from the 13 creditors. We are on our 2nd arm mortgage and have to refinance again next Jan (2009). I am deathly afraid of getting another arm, obtaining a new payment we cant afford, or losing our home.
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over come them with new good credit
if the acounts show a zero balance.
3 new good lines of reported credit will raise your score enough in that time to help big time
this is what i did

Where can I get help with my bad credit report 477

Is there some where I can go to get someone to help me with my credit report?
My credit score is 477 and I am trying to get a loan to repair my home. I thought the house would stand for its self but no one will even talk to me. Is there someone that will loan me money on the house with my credit
I was hoping that with the loan I could pay off my bad credit. I work really hard and have been at my job for almost 12 years and make good money. In the past I got in over my head and let something go unpaid, but I am where I can work on paying them off. I have already paid one off but how do I get it off my credit reoprt?
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477 is about as bad as it can be
you must have nothing open that you have paid on time
usually about a 620 is as low as they go for home loans
i would say you are 1 year away from having better credit
you could start here
pay money down to get someone to open a card or two
one year later you will have your job, a house with equity
and
some good credit
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What do you mean pay money down? On what?
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money down to open a new credit card
a 477 will not get new credit in most if not all cases
so money down should help

Parking ticket collection dropped credit score

My boyfriend has a collection for a parking ticket he was unaware he had … the car was not his vehicle he was on title, it was his daughters and the ticket got sent to collections he had his credit go from 759 to 640 over night we are trying desperately to refi his home. With that one collection how do we go about removing that collection he was never made aware of the collection or the ticket.. The car had been totaled in the middle of the ticket... his daughter had taken possession of the vehicle and moved out he had given her all the paper work and released the vehicle into her control and responsibility. They had gotten into a fight and he had no idea a ticket had happen.

The daughter in the mean time moved out and was suppose to go and remove her father from title and put the vehicle in her name, well the car had been totaled in a car accident, so she went and bought a new car.

The room mate of the daughter she was living with took the car and it died on a local street and he left it there now the daughter and the father have no idea that the car had been ticketed, the daughter went and picked the car up with out knowing or seeing the ticket.. So know one at this time knew there was a ticket.

So here we are 4 months later with a collection and unknown ticket and a dumped credit score.
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you just need to call the collection agent and tell your story about how you didn't know anything and nothing is your fault. which of course is full of holes and sounds so normal.

ask for help
pay in full with interest if they will take it off

if is a second party collection
validate the debt first

negotiate anything you can

Trying to purchase home and 7 year old debt is in collection

Have been reading your web page and you include some really great advice, but i do still have one question. My husband and i are trying to purchase a home and there is a collection in my file hurting our chances and making our score low. The thing is i have no idea who they are. They are called Portfolio Recovery and they say i owe $63.00. Not much right?? Well when i called they said i owed $2,000. When i asked who the original creditor was they said Capital One and it was an account opened in 1998 and last act shown was 2000. Can they do this?? This is 7 years old. I dont even remember this account honestly but i can say that right after high school and attending college this may have been a credit card i let go. But it would be so difficult trying to obtain records 7 years ago. What advice can you give me to get this taken off my credit report file? I want to dispute it but maybe you can give me some key points when doing so.
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use debt validation
then the follow up if needed
then contact your state attorney general
if they cannot give you full details with legal documents showing you owe this money and they a legally able to collect it from you.

Debt to income ratio bad. My score is good 698 700. Arm due must refinance.

I have a arm coming due in july 08
this is what I have

1 mortgage never late for 3 years
1 mortgage ( rental property never late 3 years )
1 major credit card 3000.00 limit owe 1200.00
1 truck haven't been late in 3 years ( 4 more payments to go)
1 new truck ( 6 months never late)
bankrupt. 9 years ago
although I got alot of things deleted alot of credit card judgments my trans union score is 698, don't know husbands yet, waiting to pull his what kind of loan should I look for or will I even qualify for a loan to refinace? I am worried sick I have 6 months to go, trying so hard to reach 700 on fico, everyone says no new credit something about dept to ratio, the rental property is rented and I have a lease to show the morgage company. thanks
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If they are turning you down for a debt ratio it would be
DEBT TO INCOME RATIO.
The score is so high it must be debt to income ratio.

I must be below 45% reported monthly obligated debts showing on my credit report.
to
Verifibale gross income per month. Last 2 years tax returns and current pay stub.

ie. I show a home loan, a car loan 3 credit cards for 3000 per month.
I must be able to prove with tax return and check stubs at least 6800 dollars per month.
6800 X .45 equals 3060 dollars. That leaves me 60 dollars a month I can add to my credit and not get turned down.
DEBT TO INCOME RATIO

looks like your open credit is very good and your score reflects that 698
i would dispute some of the older paid items and hope?
A 698 SHOULD get you whatever you want.
2 more points might help you a percentage point or less, but not much difference is there.

so dispute some old stuff
maybe pay the remaining four payments on the truck
other than that? you look good

Pay off as many monthly reported obligations before you apply for your new loan
Oh and do not open any more new credit.
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hello, thank you, the truck will be payed off by the time I need the loan, so that will help also, do you think I should get 1 more credit card for a better mix, or just stay on the course I have in the works?
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no new credit card now
cards need 12 months to help you.
you have enough credit: 3 lines reported now.
dispute some old accounts and hope
www.oskie.com/credit-dispute.htm
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can u still dispute even if there marked paid or I should say settled for lesser amount, like I said I did settle all of these accts 3 years ago, so its just a matter of time before they fall off or don't look that bad. I have 3 judgements marked paid would love to see those gone, and the bank. will fall off in March 08
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you can always dispute something
it may not come up but you can dispute