How can i buy a house no money down and a bad credit score of 477?
You did not say why your credit score was low. Charge-offs, no or late pays are always bad. Perhaps you simply have had no debt to even rate a score. In any case, get a copy of your credit report, see what it says. If charge-offs, and you have some funds, call and negotiate a settlement for a reduced amount, have them issue the agreed to amount in writing to you, then pay it, do the same to the remaining outstanding bad debts. Start with the lowest balance and work up from there. Do NOT send any money until you have the agreement in writing, and be sure it is as agreed, no hidden meaning or agendas. Never give a collector access to debit your account, they will drain it. Keep paying off the debts until all old debt is paid, and have them also report it to the credit bureau. Require that they send you an acknowledgement of the receipt of payment as agreed, or at least send it requiring a signature to receive it. You can do this yourself you do not need a 3rd party to do this for you. Al
