It will depend on your debt/income ratio. If you are reasonably debt free, you will, in this market have a lot better chance of getting a loan at the lowest interest rate. Pay off all credit cards, and destroy all but the bare necessity. You can calculate your own debt/income ratio by calculating what percentage of your income is used to make time payments. The ratio should be very low.
by Cat Lady - a day ago
It depends on your income as well, man.. U are only 22... Unless you have a decent job that will be stable and safe.... I would not buy a house when I'm 22 with 700ish credit...my friend he got paid 6000 and his gf got 5000.. They both worked at hyatt hotel..then they bought a 400,000 house.. This year they both got fired becuz of the economy... Then... They were crying to me and nothing could help.. They wanna sell the house but nobody wanna buy.. The house only worthes 250,000now!!! What could they do! I told them just to rent a condo and prepare enough cash.......
by lexchen86 - a day ago
Before you apply for your mortgage do not use your credit card for 3 months. If you do, make sure that you "pre-pay" the card so that you have a credit balance on it. This will give you the ultimate credit. Now is a good time to order your credit reports for free - no credit card required at annual credit report . com Dispute or remove anything on the you want. They will make a decision and send you a reviewed report. Enjoy your life. And I wish you many more babies. .
by Judy - a day ago
705 is pretty good! Yeah, it is enough!
by Nicole Lynn - a day ago
by Purple - a day ago
Setting up Your Company to Obtain a Small Business Loan
If you’re looking to expand your business, you may be considering getting a loan. In order to achieve that goal, you’ll need...
From hobby to wine in the sky: Whitewater Vineyards
Gout de terroir. Wine aficionados are familiar with this phrase, which refers to the “taste of the soil” that...
Less Stress Spells More Tech Spending for Small Business Owners
More than half of small business owners would now rather invest in their businesses than stockpile cash, according to new...
Volume of Loans to Small Business Increases First Time Since 2010
Healthy sales and strong profits are making private U.S. companies increasingly attractive prospects to bank lending...
Starting out: It’s Time to Get Organized
You are the creative mind behind your business. The entrepreneur. The genius. Certainly, you shouldn’t have to spend a lot...
The lien on your business you never knew you had
If you have ever applied for any type of business loan, you may be shocked to learn that there could be a lien filed against...