Quote:
Originally posted by baltassoc
Did you get the score power service I linked to? Because I think the explanation they give is way better than I could give you. I think anything over a 700 is considered excellent. I do know that getting above a certain level is essentially impossible for people under 50 (i.e. 800s require substantial flawless credit lines for 20+ years). Anything over 600 is perfectly adequate. Below that, and interest rates start going up.
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I'm between 650 and 700 right now. With the negative report (but not including any amount owed). The negative report account notes that I am "co-maker" on that loan. I haven't been able to get anyone at Equifax to tell me what happens if it changes to "settled debt" or whatever. The internet thing didn't include that level of detail and their phone service sucks. Maybe I have leeway to settle instead of paying in full?
God, this is a pain in my ass.
