Should I apply for CC's or Mortgage

Discussion in 'Credit Talk' started by NumbSkull, Nov 9, 2003.

  1. NumbSkull

    NumbSkull Well-Known Member

    My scores went up from:

    TU-528
    EX-581
    EQ-555


    To now:

    TU-661
    EX-631
    EQ-572

    Should I apply for a credit card or two? I have had 2 Subprimes for over a year now. My ultimate goal is to get out of this Apartment and buy a house.
     
  2. Platinum

    Platinum Well-Known Member

    It all depends on when you plan to buy house...if you are going to apply for mortgage within next few months then do not apply for CC because new revolving credit line on your report may drop your score. Generally after 6 months of good payment history and low utilization on your revolving credit lines you may expect your score to go up.
     
  3. NumbSkull

    NumbSkull Well-Known Member

    Ok I probably can put the house off for a while ( Job Tranfer Possible) with those scores what CC are a pretty good chance on approval?
     
  4. Platinum

    Platinum Well-Known Member

    You may try Bank of America Gold/Platinum Visa. They pull TU most the time...Good luck !!!
     
  5. boot21

    boot21 Member

    just an FYI you would qualify right now for 100% financing on a mortgage.
     

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