My Credit Score is Better Than Yours (VANITY)

me | 8/21/07 | me

[pierstroll]

One of our clients came in with 815 abd shylky asked what kind of loan she could get. I said when you have that score, you tell them the rate and terms of the loan.

[RockinRight]

True.

I mean from a credit score standpoint it’s usually worse to close them.

[stephenjohnbanker]

I have a friend who has an 850 score.

Everyone tries to lend him money :-)

[jennyjenny]

Checking your own credit does not ding your score.

[pierstroll]

“and shyly” spelled better

[Hacklehead]

“How do I find out MY credit score?............”

I checked it for you. It’s 615. No need to thank me. :-)

[rabscuttle385]

That’s generally true. But it doesn’t really matter if your intent is to just pay off the cards and be done with them.

[hcd707]

 3.14159

[the_devils_advocate_666]

Why didn't you pull a home equity loan against your house to get an even lower rate?

Just wanted to get it done as fast as possible. If I thought I'd have the loan for a long time I would have considered other options. But I should be able to pay off the car by the end of the year, if not by Thanksgiving.

[RockinRight]

LOL...don’t be surprised if they expect zero closing costs and 1% fixed 30 years on a mortgage though. ;-)

[rabscuttle385]

better way would be to hit dealer incentives. jeep is offering 0% financing.

Do they offer GAP coverage?

See post 47.

[JJR RNCH]

You should pick up Dave Ramsey’s book The Total Money Makeover. Just finished it and I’m gonna give it a try. Just a FYI.

[TASMANIANRED]

Of course they will keep it confidental but when a new vehicle shows up tranferred to your name...the offers will come ...

[Tijeras_Slim]

`Twas brillig, abd the shylky toves
Did gyre and gimble in the wabe:
All mimsy were the borogoves,

[Red Badger]

I said my Credit Score, not my Cholesterol Level!......

[Dixie Yooper]

You can borrow several 100’s of thousands of dollars and play the stock market with a score like that...

[Realism]

What does a credit score like 819 do for me?

The world is your sand box, if you can afford the monthly payments.

[djf]

Two years ago mine was 795.

Then last year it slipped to 697.

I didn’t do not a single freakin thing different last year, so I don’t know what the deal was. But it’s still pretty good, I guess.

[Sax]

The in the video clip on post #48, the guys seems pretty adamant that his is much, much higher.

[rabscuttle385]

I have read stories about some folks applying for 30-40 credit cards in short fashion, using the no-fee 0% APR balance transfer check offers, and plunking the money in high-yield, FDIC-insured savings accounts.

They make the payments right out of the high-yield accounts.

After the cards are paid off, rinse and repeat.