Only the letter thank everyone who helped me here!

Nov 282010
 

Hello!

I have worked on board here with my husband and my credit the last 3-4 years the results from AVG about 500 between us. Now, all points are 750 + and he has nearly 800, we were able to go inside a car dealership last week and buy him a new car from 0% instant approval, just a few years ago we had a lot of begging getting a car loan of 15-20% annual rate, much less a car dreams, and it was the best feeling ever! I just want to say thanks for everyone’s help here I would never have been cleaned up our credit without your help! It took a long time, and though I felt I could not see light at the end of the tunnel, but now all the hard work is finally paying off!

Thanks!

khw

How high can my credit score climb if I have only credit cards in my credit history?

Nov 182010
 

How high can my credit score climb if I have only credit cards in my credit history?
My current credit score is 745 and I’ve built it solely by using credit cards and paying on time (but never had any loans). Somebody told me that the abscence of installement-paid loan will prevent my score from climbing much higher. Is it true? Should I take some consumer loan to boost my credit score since I am planning to apply for a mortgage in the near future?

Best answer:

Answer by feeln17
try to remember ….that a credit score is based on debt.a fico score. you must stay in debt to have a credit score. it is made up of payment history,charges made, inquireies made.

the borrower is slave to the lender. you dont need a credit score for anything or a credit cartd either. debit cards work just like credit cards. mortgages can be had from several lenders that do manual underwriting. want to learn how to be debt free? check out www.daveramsey.com it will change your life !

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What is an interest only loan and what are the benefits and drawbacks?

Oct 282010
 

What is an interest only loan and what are the benefits and drawbacks?
I was recently pre-qualified for a loan and the loan officer didn’t mention any other loan programs except for an FHA? I had to ask about the first time buyers program. I’m just wondering what are some other loan programs and where could I find out about them.

Best answer:

Answer by sheila m
Hi I am a mortgage consultant, an interest only loan is always charged at a higher interest rate than a principal and interest loan, and if you are paying interest only then you are not paying anything off the purchase price of the property, there are lots of opportunities at the moment for better mortgage deals, if you are located in Australia then contact me and I will give you free advice. [email protected]

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Which companies only pull EQ applications in NYC?

Mar 082010
 

My Fico scores are EQ 798 TU 762   (only two accounts on both)

 

My Ex report still has one older charge off that they will not remove.

 

I have spent three years reparing my credit (my scores were in the 500′s on all three CRA’s) and am ready to apply for another credit card and would like it to be based on the EQ report if possible.  I currently have no inquiries and only want one more Card.   Any suggestions?

 

Thank you in advance for your help :)

 

 

 

 

 

How can I qualify for a mortgage when I retire if my only sources of income are my savings + Social Security?

Feb 272010
 


I plan to retire in a year or two, and then move. I do not want to work in my retirement. Since most of the information about mortgage loan eligibility income of a person’s work, the opportunity to benefit from mortgage loans only my savings and social security contributions?

Is there cheaper auto insurance for driving only part time?

Feb 262010
 


If there are vehicles, only involve a part of the discounted price, if the driver? For example, just a weekend, or reduction of working hours only, or every Monday and Wednesday only? I am interested in opportunities for the exchange of traffic. As a type of insurance, particularly for the sharing of vehicles?

When considering what mortgage to go with, why is everyone so against interest only loans?

Feb 152010
 


I think they are very useful when you have a committee work / career. We have a fixed-rate mortgages only, so if things tight, we are unable to pay the minimum, and they are more relaxed, we can more than offset by the loss of pay more principal. . . . . . . Whenever you have the actual payment of capital (interest) the stoppage of payments. . . . . Then, over time, adding a lump sum will be reduced by you and will never pay a fixed payment loan or until they pay.

Can i change from an interest only mortgage to a capital and interest mortgage?

Jan 292010
 


I only have a loan interest rates for six years and I would turn it into capital and interest loan. How can I go to this andhow I got the money I paid for my policy of retirement?

When getting home insurance are you required to get the amount owed on the loan or only the amount to cover?

Jan 282010
 


The replacement of the house.

Do you need to pay for home insurance if you’re only RENTING?

Jan 272010
 


This is a project for the future of life, but I’m not sure if it is required to pay per month for accommodation, insurance, if you’re renting a house.

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