We tried to buy a house about a year ago, but couldn't because of our bad credit. We followed instructions given to us through a credit counselor, but haven't seen any change in our score. In fact, it's now worse now than it was when we started looking, (they said the inquiries by lenders did that). Over the past year, we have paid off a couple debts, put a truck loan in my husbands name and been paying on time, and everything else we pay is on time. We were hoping to be able to buy our home this October, but it's still bad. I mean, we're starting to think we should just quit trying for a house. Any experience with this? How long will we have to wait? We were told we could probably get into a house with a downpayment, but we don't have very much.
2007-03-20
07:40:28
·
5 answers
·
asked by
Wendy B
5
in
Business & Finance
➔ Credit
We have no credit cards at all anymore, just my college loan. That is the only open thing on our credit.
2007-03-20
08:02:19 ·
update #1
We never consolidated anything. We only talked with a credit counselor for advice.
2007-03-20
08:03:56 ·
update #2