Archive for September, 2012

Calculating the debt to credit ratio

Saturday, September 22nd, 2012

Knowing your overall debt to credit ratio is pretty easy.  We just need the total amount of debt you have and we need the total amount of credit you can borrow.  Then we can just divide the total debt by the total credit. Account Balance Credit Line Debt to Credit Ratio Credit Card One $1000 […]

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Can I get a mortgage with a 700 credit score

Thursday, September 20th, 2012

The mortgage market is pretty tight.  Lenders are less likely these days to give just anyone a loan.  But you are asking yourself can I get a mortgage with a 700 credit score? The fact is that not a credit score alone will get you approve for a mortgage.  There are several factors lenders look […]

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Getting A Credit Score From 700 to 800

Wednesday, September 19th, 2012

What is the desire to moving your credit score from 700 to 800?  If you have a 700 credit score you are just considered good, but to have an excellent credit score you will need to be closer to 800 or 800 plus.   Beyond being having the word excellent as a description for your credit […]

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