RE: Yes. Combined I'm over 25k on those 2 cards.

Aug 21, 2017
7:30:50pm

valleus Walk-on

Available credit is pretty high, 25k. USAA increased it for me without my asking. The banker said that car/mortgage/appliance payments get scored separtaley from normal cc payments, balance ratio, etc. No idea if that is true.

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valleus

Bio page: valleus
Joined: Feb 1, 2017
Last login: Apr 27, 2024
Total posts: 9,409 (2,182 FO)

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Messages

Author

Time

Financing/credit score question

valleus

8/21/17 5:24pm

I think you still need to make the 'minimum payment' each month even if you make

rggee

8/21/17 5:27pm

correct, but you'd only have a couple of months of remaining payments to make

scottpete

8/21/17 6:50pm

Check to see whether you must still make your same monthly payment

Tricky

8/21/17 5:27pm

Mine did.

Bert609

8/21/17 5:46pm

It wont work out like you think it will. Your monthly payment is ~$560. So you

BYUinTX

8/21/17 5:29pm

I think you are correct. They won't re-amortize it. But it won't matter

Negative Equity

8/21/17 5:47pm

Not sure it will help that much more than having a fully paid credit account.

boogers

8/21/17 5:31pm

That should work

Negative Equity

8/21/17 5:35pm

Or you could invest the $24k in Bitcoin Cash, and make standard payments

AF Cougar

8/21/17 5:40pm

What is your available credit?

Bert609

8/21/17 5:41pm

I don't know... I'm in the 800s and I only have 2 credit cards...

Hotty-Toddy-Reb

8/21/17 6:06pm

Jealous. One day, I want to join the 800 club.

Bert609

8/21/17 6:08pm

Yes. Combined I'm over 25k on those 2 cards.

Hotty-Toddy-Reb

8/21/17 6:44pm

RE: Yes. Combined I'm over 25k on those 2 cards.

valleus

8/21/17 7:30pm

I've got USAA as well. No idea what my credit limit is though.

colton

8/21/17 9:42pm

Doubt that's it. I only have two credit cards and am in the 800's

colton

8/21/17 9:41pm

Thanks

valleus

8/21/17 5:41pm

You don't need to do anything else to qualify for a mortgage. If your mortgage

Pick-Six Coug

8/21/17 6:08pm

Thanks, good to know

valleus

8/21/17 7:29pm

Update

valleus

8/23/17 4:11pm

Make sure the interest accrual is correct. Probably is tho'

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