 Do Collections/Charge-Offs really just simply fall off a credit report in 7 years? |
| I have done a lot of internet browsing and reading on the subject and it seems that half say yes, and half say no. I am looking for an official answer on the topic. I have a few debts from my early 20... |
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| How many credit cards do you have? ? |
| I was just wondering how many credit cards people have? I have one, but I read somewhere it's good to have more than one. Is there any advantage of having more than one credit card?... |
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| I have recently obtained my Annual Credit Report from the Big three Credit Bureaus. This is a similar question to that posted a few days ago by another user. My credit report shows no deliquent ... |
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 Credit Card Reform is Needed by the U.S. Economy? |
I am wondering if anyone agrees that the credit card industry needs to be drastically reformed in this country to combat our recent economic dilemna.
I have watched all presedential debates on ... |
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 Subscription Cancellation, Why is it so difficult to achieve? |
| This is the third attempt to cancellation my subscription. My credit card bill was received today and as I feared my renewal was charged to my credit card. What do I have to do to receive credit for ... |
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 How to get a new gas card? |
| how can i get a new gas card for a quanton meter as soon as ... |
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 Will american express company call my father if i did this ? |
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 Can I take legal action against my employer for making my credit history bad? |
| The payroll officer of my employer received my return to work form on the last day for collection but decided not to send it to payroll.I ended up not being paid for 2 months and had to ask for ... |
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 Will I build credit if I'm on a friends credit card account? |
| I have no credit. My frined offered me to join his credit card account, we will have the same cards basicly, I'll just be able to use his card, I will have a card in my own name, but on his ... |
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 Ebay Question.? |
How do you know if the person you are buying from will accept a credit card?
I don't want to use PayPal, or any other methods, just a credit card.... |
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 I want i higher spending limit on my credit card? |
| i just got my first credit card with a lousy 500 limit, i got that thru my credit uniom, if i got to mastercard, american express or visa, can they just give me like a $10,000 credit card, or do i ... |
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 If I add my girlfriends name as an authorized user does my 7 years of perfect payments attach to her credit? |
| Will her credit report show the same payment history as the account on my report? Thus extending her credit history and raising her score.... |
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 Do you know where your money is going every month? |
| every month our credit card payment is killing ... |
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 Does anyone know of a place where I can get goods on credit with no credit check in the U.K? |
I wish to buy some electrical goods but have a bad credit history.
Is there any where online or elsewhere that allows me to buy on credit but with no credit checks ???
Thank you for ... |
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 Can i get credit without a credit card? |
| Im 18 and dont have a credit card, nor do i plan on getting one since i already have a debit card for buying things online and the idea of spending money i dont have in cash freaks me out lol. So ... |
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 What's the difference between debit card and credit card? |
| I prefer the one which is more convenient to use, no hidden charges, but have more rebates! H... |
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cutie_doe_29 | What are my chances of getting a private student loan or a mortgage with these scores.? |
TRANSUNION 622
EXPERIAN 554
EQUIFAX 593
between my two jobs i make about 2500 a month. no big obligations except a rent of 674 per month. |
 |
 
Adam.
 |
Ok, let me start off by telling you the scores are not the best. Honestly the best way to get a private student loan or a mortgage, is by going with a Credit Union. Not a huge bank, but a smaller one, usually only in your city, or one with few branches. They approve you but on a higher interest rates. That is the key point, the interest rates is what the problem is, you may get approved for large monthly payments. Some suggestions are the credit union, or try your personal bank. Try applying for a credit monitor and see what the negative factors and see if you can cancel any out. Try making that payment on time or consolidating your debt. I hope this helps. Oh lastly, try and go with a Union or Bank that relys on Transunion scores because thats your highest and they may approve you with a higher chance. Hope I could help |
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DAS
 |
You will probably be able to get both, but with a higher interest rate. You should check your credit report out first, and try to see what is on it, and wait and take the time to get those negatives off before applying for a loan or motrtgage, you will save more money now and in the long run. |
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Pengy
 |
Reality dude you make 30K a year and dependent upon where you live that might not be much. You have 674 in rent add electric, cable, internet, heat, insurance, gas, food, fun, phone, cell phone, repairs on car etc. Do an excel spreadsheet listing all your expenses for a month against all you income and see where you actually stand |
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demsrn
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As far as mortgages go, I would suggest trying a government mortgage. The minimum score is something like 550. Do your best to save a down payment. Government loans require a 3-5% down payment. And plan on closing costs around 3% of the amount of the mortgage. Best of luck! |
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Hokie_Pokey
 |
Those are pretty low scores. You might be able to swing a loan but with high interest rates.
Good credit is 700+ |
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Johnalexander22
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V High scores. Should have no problem. Try the big banks. |
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latebreakfast
 |
First, I would ask just where you got those scores. Did you go to FICO, or did you pay somewhere else?
Fico will give you the most accurate scoring. Anything else is a waste of money. FICO scoring is usually very close to the score you might get with a lender.
Lenders usually use their own scoring calculations as well.
What they are looking for is:
No bad debt on credit report
No large debt on credit report
Established credit history
Ability to pay the loan (income)
Mortgages usually want to see something in the 680 and up range.
You can work on that score. Educate yourself about credit and scoring, and you will know what to do to raise the scores up.
Good luck |
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audubano
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If you make that much and only have one bill, why the hell is your credit so low? That said, you could probably get a mortgage at a higher interest rate. |
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