Posted on: 03rd Aug, 2009 09:31 am
my credit is bad at around 600 fiancee is 750 can she get a loan for being a waitress she makes more than it shows on paper and how long will it take to get my score up to 620-650
jacobdhillyard
Welcoem to the forum
Your girlfriend can qualify based on her income on her pay check. But if you cna prove the extra income by menas of W-2 or some thigns she may eb eligible for more.Improving from 600 to 620 depnds on how is your credit report and what you are goign to do going forward
Your credit score and report is based on the following
35% is based on payment history
30% Amount you owed
15% length of history
10% New credit
10% on types of credit
As you can see 35% is payment history, if you are going make payment on time now, it will help you to improve the score quickly and the next 30% is how much you owed. As you keep making payment it will reduce the amoutn you owed helping again to improve your score and report.
15% is length of credit history
Good luck and feel free to ask
Welcoem to the forum
Your girlfriend can qualify based on her income on her pay check. But if you cna prove the extra income by menas of W-2 or some thigns she may eb eligible for more.Improving from 600 to 620 depnds on how is your credit report and what you are goign to do going forward
Your credit score and report is based on the following
35% is based on payment history
30% Amount you owed
15% length of history
10% New credit
10% on types of credit
As you can see 35% is payment history, if you are going make payment on time now, it will help you to improve the score quickly and the next 30% is how much you owed. As you keep making payment it will reduce the amoutn you owed helping again to improve your score and report.
15% is length of credit history
Good luck and feel free to ask
Good suggestion
Thanks