Yer mom 2 Posted April 25, 2008 Some of you geeks may be considering refiancing your home or purchasing one in the next year, so heres a few tippers regarding credit: -If you have less than 2 credit accounts, open a new line even if it is not used. 3-4 accounts strengthens your file and may determine whether you qualify -During the process of the loan, do not accept any new lines of credit bureau reported debt -Do your very best to not use your current lines of credit during the process as well, wait until your loan is funded -Be sure you keep current on any accounts that report to the 3 bureaus during the process of the loan -Do not have multiple inquiries, obtain a copy of your credit report and let whomever youre dealing with know your scores. You can give them a copy of your report so they know that you are a sure thing, but no multiple pulls until you have worked out your loan terms and know you will qualify, then allow your lender to pull a copy. Be sure the report you obtain for yourself has ALL 3 SCORES (Equifax, Transunion and Experian, as the middle score will be used as your actual score) sometimes shiitstains will send you garbage via mail or over the phone with information like your score is a 930 when the roof credit score is 850. Your credit score goal is 720+ Share this post Link to post Share on other sites
Yer mom 2 Posted April 26, 2008 717 Thats still an A, and youre only 3 points away which you'll gain ground quickly on within the next few months of timely bill pay Share this post Link to post Share on other sites
TommyGavin 788 Posted April 26, 2008 Thats still an A, and youre only 3 points away which you'll gain ground quickly on within the next few months of timely bill pay Share this post Link to post Share on other sites
SUXBNME 1,337 Posted April 26, 2008 717 811 or so but, Value to debt ratio on my house sucks Share this post Link to post Share on other sites
Yer mom 2 Posted April 26, 2008 811 or so but, Value to debt ratio on my house sucks Loan to value, welcome to the current times club. Give er a few years, you'll be back in the game Also, expect a drunk call later Share this post Link to post Share on other sites
Leonard Skinnard 0 Posted April 27, 2008 811 or so but, Value to debt ratio on my house sucks Share this post Link to post Share on other sites
Me_2006 14 Posted April 27, 2008 Some of you geeks may be considering refiancing your home or purchasing one in the next year, so heres a few tippers regarding credit: -If you have less than 2 credit accounts, open a new line even if it is not used. 3-4 accounts strengthens your file and may determine whether you qualify -During the process of the loan, do not accept any new lines of credit bureau reported debt -Do your very best to not use your current lines of credit during the process as well, wait until your loan is funded -Be sure you keep current on any accounts that report to the 3 bureaus during the process of the loan -Do not have multiple inquiries, obtain a copy of your credit report and let whomever youre dealing with know your scores. You can give them a copy of your report so they know that you are a sure thing, but no multiple pulls until you have worked out your loan terms and know you will qualify, then allow your lender to pull a copy. Be sure the report you obtain for yourself has ALL 3 SCORES (Equifax, Transunion and Experian, as the middle score will be used as your actual score) sometimes shiitstains will send you garbage via mail or over the phone with information like your score is a 930 when the roof credit score is 850. Your credit score goal is 720+ Err, how old are you anyway? Share this post Link to post Share on other sites
Yer mom 2 Posted April 27, 2008 Err, how old are you anyway? 32 actually, 23 physically, 7 mentally Share this post Link to post Share on other sites
Me_2006 14 Posted April 27, 2008 32 actually, 23 physically, 7 mentally I thought it was early 20s or so, but that's some...err...different advice than I was used to from you. Thought RLLD had hacked your account or something. Maybe you were just really high Share this post Link to post Share on other sites
heavy-set 39 Posted April 28, 2008 Some of you geeks may be considering refiancing your home or purchasing one in the next year, so heres a few tippers regarding credit: -If you have less than 2 credit accounts, open a new line even if it is not used. 3-4 accounts strengthens your file and may determine whether you qualify -During the process of the loan, do not accept any new lines of credit bureau reported debt -Do your very best to not use your current lines of credit during the process as well, wait until your loan is funded -Be sure you keep current on any accounts that report to the 3 bureaus during the process of the loan -Do not have multiple inquiries, obtain a copy of your credit report and let whomever youre dealing with know your scores. You can give them a copy of your report so they know that you are a sure thing, but no multiple pulls until you have worked out your loan terms and know you will qualify, then allow your lender to pull a copy. Be sure the report you obtain for yourself has ALL 3 SCORES (Equifax, Transunion and Experian, as the middle score will be used as your actual score) sometimes shiitstains will send you garbage via mail or over the phone with information like your score is a 930 when the roof credit score is 850. Your credit score goal is 720+ the fico ceiling is 850. Transunion has developed thier own score, in an attempt to not pay the fico people. thier score is graded like a report card, only up to 1000. my trans union score is a 890 or B+ my fico score is an 802. down from 816 when it was last checked for my used car purchase. Share this post Link to post Share on other sites
IGotWorms 3,315 Posted April 28, 2008 the fico ceiling is 850. Transunion has developed thier own score, in an attempt to not pay the fico people. thier score is graded like a report card, only up to 1000. my trans union score is a 890 or B+ my fico score is an 802. down from 816 when it was last checked for my used car purchase. Mike must have failed to take this into account when he made the decision to bannor you. Share this post Link to post Share on other sites
heavy-set 39 Posted April 28, 2008 Mike must have failed to take this into account when he made the decision to bannor you. i tried to tell him Share this post Link to post Share on other sites
