SadToday22
New member
My husband and I filed chapter 7 just over a year ago. We are looking for a new home, right around the $40,000 range. However, the banks we have spoken with said they could finance a new mortgage for us if my husband and I's credit scores are closer to 700 w/ a 20% downpayment. (His is 650, mine is 600 on average). What are some ways we can boost our credit scores, mainly his since the banks told us we can most likely put all of a mortgage in his name only. We each have 1 credit card, both about $1000 limits that are about 80% accounted for. I have about $60,000 in student loan debt and a $5000 auto loan. My husband has zero debt except for this $1000 credit card. We have a little bit of cash to pay around with.......how can we boost his credit score so it's closer to 700ish in the next 6 months?
What? - We are saving it. Living very carefully, working overtime and we usually get about a $5000 tax return. No way am I borrowing money from family/friends. I want to start living financially right, now robbing Paul to pay Peter.
Rebecca: The actually weren't new cards, they are credit cards the bankruptcy let us keep because they are bank affliated. But yes, we should have never maxed them out.
I will have my 3rd college degree in 1 year and have already started my position but once I have that 3rd degree will make significantly more. I make about $30,000/yr now and will make about $60,000+ in a year. My husband makes about $35,000/yr. I don't think my student loans are excessive, I am paying on them now - $420 a month. I am middle class and white........that means NO scholarships, grants, etc. I have applied for several and I am always denied either to over-income or non-minority.
What? - We are saving it. Living very carefully, working overtime and we usually get about a $5000 tax return. No way am I borrowing money from family/friends. I want to start living financially right, now robbing Paul to pay Peter.
Rebecca: The actually weren't new cards, they are credit cards the bankruptcy let us keep because they are bank affliated. But yes, we should have never maxed them out.
I will have my 3rd college degree in 1 year and have already started my position but once I have that 3rd degree will make significantly more. I make about $30,000/yr now and will make about $60,000+ in a year. My husband makes about $35,000/yr. I don't think my student loans are excessive, I am paying on them now - $420 a month. I am middle class and white........that means NO scholarships, grants, etc. I have applied for several and I am always denied either to over-income or non-minority.
