Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Credit Score in Fairfield : Real Estate Advice

  • All77
  • Local Info14
  • Home Buying26
  • Home Selling6
  • Market Conditions3

Activity 4
Tue Nov 29, 2016
All Prop Investments answered:
Sat Oct 29, 2016
Tms616 answered:
Yes, keep some open credit cards even if you have paid them off in full...I learned the hard way...paid off my car, sold my house and closed all my credit cards. It was like starting all over again. Now, I keep two unsecured credit cards open, spend a little now and then pay it off again. Still driving 10 year old car with no debt. Putting car payment into savings so when my little beauty costs more to fix then it is worth, I will be able to purchase a new car without having giant debt. ... more
0 votes 4 answers Share Flag
Fri Oct 28, 2016
Mark Brown answered:
Loans aren't solely based on credit score. You could have an 800 FICO but only earn $22K a year. You aren't getting that $100K from a bank.

You could earn $500K a year with a 620 FICO and you would have a better shot at it if your income to expenditure ratio is low enough. ... more
0 votes 1 answer Share Flag
Search Advice
Search
Credit Score in Fairfield Zip Codes

Followers

187