Asked by langdonspivey  |  Submitted February 05, 2017

My credit score was 488 with several errors. After those were corrected it was raised to 550. I'm trying to get a small loan, but my score is blocking me, despite little debt.

I have 5 credit cards which showed up as delinquent. After paying 3 of these off and half the balance on the others, the three owned by Capital One still show up as unpaid 2 months after being paid off. On Friday I applied for a loan and they said my credit report still showed 488, and even with a cosigner of impeccable credit they said they couldn't lend me anything. I'm without a vehicle or home. I owe very little debt and have an income of $100,000 per year. I feel I am being treated with malicious, capricious and arbitrary behavior because of my disability.

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  Answers  |  1

February 06, 2017

Your credit score is determined by a lot of different factors, and many people are surprised to learn that they actually have more than one score. It's important to know all of your scores and which one the lender you're working with is looking at. You can check your credit score and access your full credit report, all for free, by signing up for Credit Manager by MoneyTips. Credit Manager also offers a premium service that can help you remove those errors from your report and repair your credit. With the premium service you can communicate directly with the creditors who are reporting inaccurate information, like the account balances you mentioned, and get them resolved quickly and easily.
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$commenter.renderDisplayableName() | 09.20.20 @ 23:51