Posted on: 02nd Aug, 2010 06:54 am
I want to borrow 10,000 basicly to improve my credit score. It is 650 by two agentcies and 630 by another.
I have a truck loan of 320.00 a month for 5 years. I have a secure credit card from Bank of america. 300.00
limit I have been paying both on time and in full for over a year. Can I get this loan? I tryed to get a regular credit card from Bank of America but they turn me down. Why do you think they turn me down for a regular credit card?
My net pay a month is 2300.
I have a truck loan of 320.00 a month for 5 years. I have a secure credit card from Bank of america. 300.00
limit I have been paying both on time and in full for over a year. Can I get this loan? I tryed to get a regular credit card from Bank of America but they turn me down. Why do you think they turn me down for a regular credit card?
My net pay a month is 2300.
Bank of America is the best to inform you why they denied the credit card. You can contact other banks and apply for a credit card.
As far as the mortgage is concerned, with a credit score of 630-650, you would be able to get a FHA loan. In order to get a conventional loan, you need to have a score of 700-720.
As far as the mortgage is concerned, with a credit score of 630-650, you would be able to get a FHA loan. In order to get a conventional loan, you need to have a score of 700-720.