No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Starting my rebuild!
@MovingForward_2012 wrote:
Paying his credit card down would be his easiest bet for a loan. 80% Util might get in the way of an approval, personal or auto. As long as you both have a mutual payback agreement, I foresee no issues with your approach. Adding him as an AU to the cards you mentioned can only help things. Good luck.
I agree, the high util is a big no no!
Starting my rebuild!
are you willing to cosign the loan with him? as someone who takes loans for a living, its highly unlikely he will get approved for a a unsecured personal line of credit/ loan.
whats his aaoa?
has he checked his score on here? (if hes had credit for longer then 6months)
if he becomes an au on your oldest card/ lowest utility, in the eyes of a car loan credit card limits play little value. (this part is my opinion but seeing as how i got a 35k car with 500 limit cards... just my 2cents on the last part)
Current: Fico ScoresEQ~706 TU~719 EX 709 4/28/23 Inquiries (24 Months): EQ 0 TU 0 EX 0| Most Recent: A LONG WHILE | Buy A Home Earn Cash Back | Amex Zync(Unicorn) Chase Freedom$1500 Discover IT$7,400 Citi DC $10,000 Citizens Mastercard$7,000 |
He should look into joining a Credit Union(DCU or any local CU) as they are a lot more lenient when it comes to loans. Most prime banks require a few tradelines to get approved at a decent rate.
Starting my rebuild!
Starting my rebuild!
@hausfrau wrote:
Knowing NFCU they will decline him on the 5k loan but counter him with a 20,000 card, lmao.
LMAO!!!