Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Credit
Finance Discussion Forum

 Whats the best way to build your credit back up?
I have $1,000 worth of credit card debt, which I plan to pay off in full tomorrow. I'm in my early twenties and don't have much credit - what I do have is riddled with late payments because ...


 If you get a secured credit card and never use it, do you still build your credit?
...


 What is the best credit card to have that has no annual fee?
...


 Credit cards for people with bad credit?
...


 Credit Card Applications?
What is the easiest credit card to get? I want to find a card with no application fee....


 Is 480 a decent credit score?
can i get a loan for debt consolidation and from ...


 If you have reaaaly bad credit and you are buying a house on a lease option?
we have paid a big down payment we are worried about getting financed is there any way at closing on the house the realtor if he agrees pay off our debt can we get financed we have made all of our ...


 Will i go to jail for failing to settle a credit card debt?
...


 I received a collections letter for $6500 for a Sprint account I never had?
They only had my name and former address. I called them and they hung up on me when I refused to give them part of my SS#. Sprint confirmed that the account did not exist but wouldn't do ...


 Is credit card debt in Texas a noncollectable debt, & can the card company's sue you?
...


 Check marked "paid in full"?
If I cash a check marked paid in full made out for an amount that is less than the amount due, will I be able to bill for the remaining balance?...


 What will happen if i just dont pay my credit card company any more money. what can they do to me.?
...


 Bad credit history but have 610 credit score whats the best place to get a auto loan?
About 2 years ago I had a repo put onto my credit *my ins company was charging me 2 times what they should have been and before I could fix that problem I was in debt and ended up lossing my car* Now ...


 Credit card debt is not going to get paid. my husband is laid off. we were living above our means. we rent,?
have a 1/2 paid off truck, and i make enough to pay rent and lights. ok- i've been talking to the creditors who i'm already late with, i cannot pay them any money right now. should i keep ...


 Will i go to jail if i used some one credit card and i spend 2080 of it?
...


 Who do I complain to about PayPal?

Additional Details
Recently I sold an Ipod on Ebay for £120, and I used PayPal to transfer the fund. However as I did not enter my full name I could not transfer funds into my bank ...


 Is there a credit card out there that is for a credit score of 450?
I have seen on line where it reads " You can get a credit card with bad credit ". I applied at one company and was turned down. Can someone please help?...


 Auto Loan?????
When applying for an auto loan online they require i fax my most recent paycheck stub to them, i was just curious do they call my job to verify my income?? or do they verify all the tax difference?? ...


 What shall I write to my credit card provider?
I am paying a credit card debt but only making the minimum payment per month. I know that I soon will be unable to do this so I want to know how I should approach the company with a view to stopping ...


 Cosigner on loan?
Over the past 3 years my sister has asked me to cosign on 3 different loans for her. I cosigned for the first two but am trying to decide on whether I should for the third. I am in debt myself and ...



John L
How much credit for a home loan?
I am wondering how much credit I have to have in order to get a decent home loan. I only have one credit card. I pay it off on time and in full. I have spent maybe about $6,000 on it. I also had one bank loan for 800.
                     
 




John T
Rating
I suggest you go to realtor.com and mortgage-net.com

There's two things - income and credit-worthiness. If you make 20K a year, there is simply no way, even with flawless credit, that you will be able to borrow $500,000 in for a home loan.

Your housing payment shouldn't exceed 36% of your monthly income. From that, you can figure out your maximum monthly payments, which will tell you how much you can borrow at today's interest rates. Is that enough to purchase a home in your area? I don't know enough to tell you, but most people are horrified at the incomes required to purchase a home in their area.


Succes
Rating
It depends on your credit rating and the type of home loan you are looking for


PK
It depends on your credit rating, the type of home loan you're looking for (mortgage vs home equity line of credit) and the use of the loan (purchase or refinance). You can check your own credit report on www.annualcreditreport.com

Then you can check your actual credit score, which is some number out of 850. If you have a score of 700+, you are in good standing. www.myfico.com will give you some ranges of rates based on a fico score.

The credit bureaus, experian, transunion and equifax - will give you feedback on what is giving you positive considerations and what are considered negatives on your credit report.

Good luck!


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.004
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy