We have a credit score of 647. How can this hurt us and how can we raise it?

My husband is 31 and I’m 29. We have NO credit cards. We paid them off about 4-5 years ago. Our only loans are one car and our mortgage. we did have a medical bill go unpaid for a while, however it was not being sent to us at first then it was a mess up with the insurance company. It was eventually fixed. We were wondering if this kind of rate could hurt us when we get ready to purchase a new home. How can we raise our credit score?

Register New Account
Reset Password