Comments for Credit Repair You Can Do Yourself http://chattelwithus.com Fix FICO and Improve Credit Scores Easily Thu, 02 Sep 2010 04:40:18 +0000 hourly 1 http://wordpress.org/?v=3.0.1 Comment on How to mortgage a home with no credit history? by Robert http://chattelwithus.com/how-to-mortgage-a-home-with-no-credit-history.html#comment-343 Robert Thu, 02 Sep 2010 04:40:18 +0000 http://chattelwithus.com/how-to-mortgage-a-home-with-no-credit-history.html#comment-343 It's going to be awfully hard, but if you can supply a 20% down payment, and prove your income with tax returns, you have a very good chance. Good luck! It’s going to be awfully hard, but if you can supply a 20% down payment, and prove your income with tax returns, you have a very good chance. Good luck!

]]> Comment on How to mortgage a home with no credit history? by A http://chattelwithus.com/how-to-mortgage-a-home-with-no-credit-history.html#comment-344 A Wed, 01 Sep 2010 23:52:04 +0000 http://chattelwithus.com/how-to-mortgage-a-home-with-no-credit-history.html#comment-344 For some people 20% is a lot to put down. There are many instances where the parents could help out. They can sign onto the mortgage as a guarantor. After one year they can be removed from the mortgage through a lawyer. Lenders want to see that you are good with credit prove your responsible and lenders will have no problem with you in the future. There are many times a guarantor is needed for younger professionals without any credit history. Speak to a mortgage broker they can help you. The slow way is to get a credit card from your bank and start using it. Make sure your payments are on time and in 3-6 months you will start seeing your score. Typically, you need 1 or 2 open lines of trade (credit card, line of credit, personal loan) to get a higher score. Make sure you make your credit card payments right away and try not to carry any balances over to the next month. Keep your statement balance at $0 while using your card regularly For some people 20% is a lot to put down. There are many instances where the parents could help out. They can sign onto the mortgage as a guarantor. After one year they can be removed from the mortgage through a lawyer. Lenders want to see that you are good with credit prove your responsible and lenders will have no problem with you in the future. There are many times a guarantor is needed for younger professionals without any credit history. Speak to a mortgage broker they can help you.

The slow way is to get a credit card from your bank and start using it. Make sure your payments are on time and in 3-6 months you will start seeing your score. Typically, you need 1 or 2 open lines of trade (credit card, line of credit, personal loan) to get a higher score. Make sure you make your credit card payments right away and try not to carry any balances over to the next month. Keep your statement balance at $0 while using your card regularly

]]> Comment on How to mortgage a home with no credit history? by Max http://chattelwithus.com/how-to-mortgage-a-home-with-no-credit-history.html#comment-345 Max Wed, 01 Sep 2010 23:41:09 +0000 http://chattelwithus.com/how-to-mortgage-a-home-with-no-credit-history.html#comment-345 creditreport.imess.net - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate. creditreport.imess.net – try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.

]]> Comment on How to mortgage a home with no credit history? by reenzz http://chattelwithus.com/how-to-mortgage-a-home-with-no-credit-history.html#comment-342 reenzz Wed, 01 Sep 2010 19:57:57 +0000 http://chattelwithus.com/how-to-mortgage-a-home-with-no-credit-history.html#comment-342 You would need a credit score of at lease 620 in order to qualify...plus a down payment of 10%-20%. Without credit, the lender may be willing to accept a co-signer with established credit. You would need a credit score of at lease 620 in order to qualify…plus a down payment of 10%-20%. Without credit, the lender may be willing to accept a co-signer with established credit.

]]> Comment on What is the advantage of settling a Credit Card debt and how is it going to show on my credit report? by CatDad http://chattelwithus.com/what-is-the-advantage-of-settling-a-credit-card-debt-and-how-is-it-going-to-show-on-my-credit-report.html#comment-329 CatDad Wed, 01 Sep 2010 09:14:53 +0000 http://chattelwithus.com/what-is-the-advantage-of-settling-a-credit-card-debt-and-how-is-it-going-to-show-on-my-credit-report.html#comment-329 If you're at the the point where your bank is offering big settlements on your account, then it's safe to assume that your credit rating has already taken a big hit from the account being way past due. If your card has not yet charged-off and taking the settlement help you from having a charge-off, then for sure take the settlement. Get all terms in writing PRIOR to paying the settlement. If you’re at the the point where your bank is offering big settlements on your account, then it’s safe to assume that your credit rating has already taken a big hit from the account being way past due. If your card has not yet charged-off and taking the settlement help you from having a charge-off, then for sure take the settlement. Get all terms in writing PRIOR to paying the settlement.

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