o.k i am trying to see if there is like a person that has went through the same problem that I have and if there is anything I can do?
thank you
2007-02-27 12:05:17 · 3 answers · asked by Reca m 1 in Business & Finance ➔ Renting & Real Estate
Advice: Do not refinance!! You are probably not going to be able to do it with that credit score and if you do find a lender that does it for you, the interest rate is going to be so high that you are probably going to end up paying a higher monthly payment!! So what you need to is to increase your credit score! Try lowering the balances in your CC down to to 30-40% of your credit limit, don't miss any payments, don't get anymore credit, don't run your credit report, and maybe pray a bit!!!
Maybe you can get a co-signer that has a better score than you do..that would help big time!
2007-02-27 12:35:19 · answer #1 · answered by Eduardo A 2 · 0⤊ 0⤋
Basically, you are in trouble for refinancing. A 460 score pretty much puts you in the class of high risk credit. To start with,obtain a full copy of your credit report and insure that everything negative in the report is accurate. Credit reporting bureaus do not always purge negative items when they have been satisfied. A simple check and repair/update of your credit may bring your score up sufficiently to help you qualify for a loan.
2007-02-27 12:16:47 · answer #2 · answered by acermill 7 · 1⤊ 0⤋
You can comparison-shop at the below website
2007-02-27 12:34:33 · answer #3 · answered by Anonymous · 0⤊ 0⤋