The last time I viewed my credit report, it did not have my auto loan as paid off. I had paid it off about a week before my credit report was pulled. Does anyone know how much that will increase my credit score? My FICO score was 545 and I am wondering if it will increase significant enough to be considered for a home loan. I know the score is pretty low, but you never know with the housing market today.
My credit score is 628 (not too good I know). However, is my credit score good enough to be approved for a student loan? I do not have a cosigner so that’s not an option.
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I have about $3500 between a credit card and a student loan (avg interest rate is 8%)…I am thinking about doing a balance transfer to a credit card at 3.9% for the life of the balance transfer or pulling money out of my 401k. Which makes more sense? Loans against 401k is with an interest rate of 5.25% for a term of up to 60 months (with about $150 in fees).
Also, if I could do 0% for 15 months on a credit card balance transfer – would you recommend that?
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I want to buy a car but i’m in the process of re-building my credit. It was really bad but i’ve paid my credit cards off and its getting better. I was just wondering what an average score was to get a good car loan. Thanks!