Warning: Be Careful Who You Listen To!

My husband and I applied for a house loan recently and was denied because of some medical bills.

I paid off all of the medical bills that were listed  and called the bank back 2 months later to have our credit report pulled to see if we qualified.

Our scores only raised around 35 points a piece which didn’t help too much. 

I noticed that I have 6 deferred student loans that are listed on my credit report. I do not graduate until 2010. I noticed that 2 of the 6 are showing “Sold to another company” It looks like each time I attend a term in college and these lenders add another inquiry to my credit report it brings down my score. 

How can I raise my score if these inquiries are added every 3-4 months?

They are not listed as being in collections or anything.  I just need to know what I need to do to keep them from hurting my credit.

Julie 

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Hi Julie,

I would have preferred you read May I Pay My Medical Bills? Yes You May before you paid your medical bills.  This time it was the banker’s bad advice and not the mortgage broker’s.  Another warning post for the Broken Credit Bloggers. 

The inquiries can be bumped.

Thanks for the questions and hope this helps.

Paul