Posted by Adam (NY) on October 01, 2003 at 22:27:20:
I recommend you paying off some of your debt.
Any use of over 27% utilization of your available credit will really hurt your FICO score.
If I can be of more assistance please feel free to contact me.
Adam M.
Credit hit to many times high debt to income - Posted by dustin
Posted by dustin on October 01, 2003 at 20:38:57:
I need some help my debt to income is said to be to high and all the hits to my credit score have dropped it down to low 600, i want a conventional loan and no one will do it help me
Re: Credit hit to many times high debt to income - Posted by Tom PA
Posted by Tom PA on October 02, 2003 at 14:18:56:
I agree with Adam. It’s the debt that kills you. Here’s what happened to me when I was moving from Chicago to Pittsburgh.
Previous to the move I had a 719 score.
During the move and while starting a business I ran up credit cards to near maximum
Credit score dropped to 617; all payments on time just high debt
Paid off credit cards and score rose to 730
Pay down the debt and the score will rise