Was sent credit card application by MBNA Bank, replied to it, was denied due to “too many credit obligations”. I have 7 cards with a ZERO balance on all of them, a new car that cost $42,000, financed thru BMW put $28,000 down, and a monthly mortgage. What do they (MBNA) consider “too many credit obligations”? What gives with these idiots?
Posted in Mortgage Tips
Tagged amex, Application, bank, bmw, card, cards, credit, credit card application, credit obligations, credit score, Discover, gold, MBNA, mortgage, new car, platinum, score, ZERO, zero balance
I need to reduce my debt toincome ratio, the sum of my credit card payments is less than my installment account, so I thought that would be better for freeing up cash. However, I noticed that after I ran upmy balance recently for christmas, my credit score actually dropped some. So with my tax refund I can pay off a car payment that will be normally paid off in March 2007 or pay down the credit card balance, which would be better for mortgage application? mrtopproducer, if you are around I would be interested in hearing your thoughts?
Posted in Mortgage Tips
Tagged app, balance, car, car payment, card, christmas, credit, credit card balance, credit card payments, credit cards, credit score, debt, mortgage application, payment, ratio, sum, tax refund, toincome
i need to make some current home improvements, but my credit score is low. how do i find money to help me repa
Posted in Home Improvement
Tagged credit, credit score, Home, home improvements, money, repa, score
I have a credit score of 415. The 3 bedroom house I want to get is only $44,000 and ready to move into.
Posted in Mortgage Tips
Tagged bad credit, bedroom, buyer, Company, credit, credit score, first time home, first time home buyer, Home, house, mortgage, mortgage company, score, Texas, time, time home buyer
I am moving to Atlanta next month, and am wondering if I would be able to rent it on my own, or if I would need one of my parents to co-sign with me? Thanks ahead of time for any input!