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I have 3 write-offs on my report. 2 are paid in full and one is completely unattended with no contact with creditors and will reach the statute of limitations in a few months. My TransUnion score is 739 and experian is 635. I am having trouble getting my Equifax score. Would I have any trouble getting a home loan and do you think I would qualify for General Motors 0% loans? Also will they contact the creditor with the open write off about the status? Thank you.
Why are you having trouble getting your equifax score. It should br as simple as getting the other two. You have three free pulls a year with each agency.
Your score could get you a home loan. You may have to pay higher interest rates but a score of 739 is good and a score of 635 is fair. The only problem I foresee is if creditors are a bit iffy about your write offs. How old are they. Yes that can matter alot. I do not see the zero percent General Motors offer happening. Usually you have to be very well qualified for a loan like the one they are offering..unless they take the chance due to getting rid of vehicles.
Like I said the date really matters when banks look at loans. We had a bad mark on are credit from 6 years ago and with some explaining they did give us a home equity but our score was 680 at the time and we had a very long relationship with the bank plus money in checking and savings.
I am really not worried about the car loan, just the home loan. the unpaid w/o is 2 1/2 yrs. old and the paid w/o's are 3. I didn't think what type of marks contributed to your score really mattered unless your score was really bad. My TransUnion score is good and Experian isn't bad. Do really think I could have problems with the home loan?