General Credit Topics

[Julyanne26]

Hi,

I hope I'm posting appropriately-there wasn't  forum dedicated to Personal Loans.

I'm just looking for advice. I'm seeking a personal loan of 15-20k to finish paying for my July 2013 wedding. Myfico TU score of 708. Experian 692. My monthly income is around 4k. No negatives on any of my 3 reports, high utilization however. I will be bringing my utilization down to 29% before applying. Does anyon have any recent loan approvals with similar numbers?

Thanks

[babbles]

From what I've seen, the DTI is a huge factor along with your monthly income is critical.  When they add in that new note, it still has to fall withiin the guidelines.  Some will say, use the equity in your home but who has equity now days in their home now days, if you even have one!

[Julyanne26]

I'm not a home owner, my FIT is 1%

[Julyanne26]

auto correct! I meant DTI