I want to improve my credit, to finance my first home (fha)?

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I want to improve my credit, to finance my first home (fha)?

Dear Asker

Hi

Kindly SEE>>,

Yr Q : [ I want to improve my credit, to finance my first home

(fha)?....,

I've heard if you get a big loan from a bank and pay it back

that's a good start, but I've been denied for the smallest

amount of unsecured loan from my bank ($3,000 Wells

Fargo) , I have a "charge off", went to collections, from when I

lost my job, and couldn't work for 8 months.

Since then I've paid off my debt and been in excellent

standing since then. My t.u. fico score has gone from 572 to

668 over 10 months. I have been debt free since September.

My credit to debt ratio is very low as a result since I have no

expenses.

I am also trying to save money for a down payment

so if there are any types of savings that help build credit let

me know too.! ].

A: [ See>>; Some chosen short words', as below ; ]

Hence;

Try!;

1)-***Hence,you will be required, for rebuilding your credit,

to obtain a SECURED Credit Card from your bank.

**This means that, you deposit an amount into the bank,

and they then give you a credit card, that has a limit equal to

the amount you deposit.

** So,You can use the card, and pay it back each month ;

that will help your credit. too!



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