Archive for September, 2007

How important is your credit score when attempting to purchase a house?

Friday, September 28th, 2007

slickporter asked: I want to purchase a home with the minimum down payment asking price required by the company selling the house. My credit score however isn’t that great. Even though I can make the mortage payments now, my credit history is kinda low due to my past. Step by step, what should I do?Arnold [...]

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What should my credit score be in order to get a good APR on a new vehicle?

Wednesday, September 26th, 2007

sem3578 asked: I am looking to buy a small SUV sometime in the fall/winter but know that I need to improve my credit score in order to get a better APR than I have now. What credit score are most vehicle lenders looking for?Julietta Carbal

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How high can your credit score go up after being very low?

Friday, September 14th, 2007

Autumn Interlude asked: My credit score is around 500. I’m 21 years old and I have made some pretty poor decisions regarding my financial obligations. (PLEASE, do not post any negative information or comments telling me to get back on track and how important good credit is. I KNOW THIS and since [...]

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What credit score do I need to buy my first House?

Thursday, September 13th, 2007

fromorto12 asked: I had a bankruptcy discharged 12/05, and am still struggling to increase my credit score in order to buy a house (not very soon, I suspect). What would be the minimum score I would need?
Also, I am about to start a divorce, and I wonder how long after that is final before I [...]

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What is the fastest way to raise your credit score?

Wednesday, September 12th, 2007

thetravelingmartins asked: My husband and I hit a financial hard spot about a year ago. Since then we have worked hard to catch up on all our bills and pay them on time. We would like to buy a house in about 3 years. (We own a condo at the moment) Would 3 years be [...]

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What kind of interest rate can I expect with a 620 credit score, no derogs and only 2 credit cards?

Tuesday, September 4th, 2007

iman_tx22 asked: the credit cards have been open for about two years and i have nothing else bad on my credit score. i have a decent job and stable income.
I am looking to get a car loan. And my credit used to be bad because I had collections accounts. Thankfully those have been paid and [...]

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