My husband a I were married 3 years ago following Hurricane Katrina.
Although we never had 700 credit scores, we did have scores in the 600 range. Well, after the storm and being forced to relocate across the country to California I got pregnant and lost my job, which meant that we were forced to file bankruptcy.
So there is no need to say that our credit score dropped drastically. We would like to purchace a house now that our financial situation is better. However, there are some disputes and unfair things on our reports bringing our scores down. What can we do?
Thank you for your question.
It must have been a stressful experience to be dislocated by Katrinia and land in a strange and new place.
I have to say, buying a home in California, depending on where you live, can be a bigger challenge than buying a home in Louisiana. Between the cost of housing in California and the rapid decline in values, I’m not so sure I’d be in a rush to buy right now.
It is a relatively straightforward matter to cleanup your credit report. See “I Would Like to Clear Up My Credit A.S.A.P. – Ginger” for details on how to do this.