Question by CL: Will I be able to raise my credit score by doing the following?
I just had a question. About 3 months ago I tried to apply for a loan to get a house. However, my credit score was around 560 at the time, so they were asking for a 10,000 down payment and to hire a company to settle my debts. Since then,I decided to try and raise my credit score alone rather than pay someone to do it for me. I have been paying my bills on time and paying more then the minimum balances. I am also paying off credit cards starting with the lowest amount.At the rate I am going, I should be able to pay off everything by the end of December. Now my question to you is, by doing all of these things, would my credit score go up enough to, hopefully by March, be able to apply for another home loan?
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Best answer:
Answer by Raymond M
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