Archive for July, 2009
southern_zen419 asked:
I have about $6300 in student loans and medical bills. I plan to pay them off by Christmas of this year. I don’t know what my score is now, but is there a percentage or something the credit bureaus go by?
Cristina Harootunian
I have about $6300 in student loans and medical bills. I plan to pay them off by Christmas of this year. I don’t know what my score is now, but is there a percentage or something the credit bureaus go by?
Cristina Harootunian
chinchy101 asked:
I would like to establish a credit line for my cleaning service, but my personal credit score is poor due to filing bankruptcy last year. DUNS numbers are expensive to obtain and of course, the more they add to your credit file the more expensive it gets. I believe the cheapest rate I saw was nearly $400.00. Any way around using my personal score or paying for an expensive DUNS number?
Pearly Loy
I would like to establish a credit line for my cleaning service, but my personal credit score is poor due to filing bankruptcy last year. DUNS numbers are expensive to obtain and of course, the more they add to your credit file the more expensive it gets. I believe the cheapest rate I saw was nearly $400.00. Any way around using my personal score or paying for an expensive DUNS number?
Pearly Loy
Amanda K asked:
I recently got my student refund money from school for this semester on September 5 and I paid off all of the debt that me and my husband owe on September 6(about $6,000 worth). We are trying to buy a house, but in order to achieve that goal our credit score has to be 50 points higher than what it is already to even get approved for a loan. We pay our bills on time and now we don’t have any debt. When will we see our credit score raise drastically, or what are some tips to speed up the process?
Daniel Todman
I recently got my student refund money from school for this semester on September 5 and I paid off all of the debt that me and my husband owe on September 6(about $6,000 worth). We are trying to buy a house, but in order to achieve that goal our credit score has to be 50 points higher than what it is already to even get approved for a loan. We pay our bills on time and now we don’t have any debt. When will we see our credit score raise drastically, or what are some tips to speed up the process?
Daniel Todman
gaikhur asked:
I have 680 credit score and I also would pay at least 20% down payment for $150,000 worth of loan if it is approved. I have also one year history of car loan which was paid in time. Please suggest me,would l be eligible to get home loan with low interest rate? Or I have to pay more down payment? Or wait 4-5 months and more so my credit score will be atleast 720 and more ?
Colette Baptiste
I have 680 credit score and I also would pay at least 20% down payment for $150,000 worth of loan if it is approved. I have also one year history of car loan which was paid in time. Please suggest me,would l be eligible to get home loan with low interest rate? Or I have to pay more down payment? Or wait 4-5 months and more so my credit score will be atleast 720 and more ?
Colette Baptiste