@Tcoward84 wrote:Hi! I need some help/advice.....I'm looking for a PL for upcoming surgery in December. Do any PLs allow you to use household income? My husband's credit is not great (605) so, I don't want him on the loan BUT, I need to use his income. We file our taxes jointly. Which PLs will fit my needs? Thanks so much!
MY PROFILE/CREDIT SNAPSHOT:
FICO 8 Scores: EX- 728 TU- 743 EQ- 721
DTI: 21%
UTIL: 9%
Tradelines/CCs: 15
AAoA: 2 years 2 months
INQ: EQ 2 TU 3 EX 8 (last 24 mo)
TOTAL BALANCES $3280
TOTAL AVAILABLE CREDIT $38500
My Wife received a Prosper loan using household income. I am not sure what her score was but i think around 680 on TU. She got a 10K loan on 89K household income. Opened in March 2022 and we paid it off in August. My wife has no income on her own.
PenFed allows you to use household income when applying for a personal loan as well.
Good luck!
@tcbofade wrote:PenFed allows you to use household income when applying for a personal loan as well.
Good luck!
That's good to know, as OP had asked about CCs with high SL and long 0% periods, and I did suggest looking into a PL instead, but I wasn't sure if Penfed (which I did suggest as one bank to look into) accepted HH income for a PL. Apparently Sofi doesn't.
@Tcoward84 wrote:Hi! I need some help/advice.....I'm looking for a PL for upcoming surgery in December. Do any PLs allow you to use household income? My husband's credit is not great (605) so, I don't want him on the loan BUT, I need to use his income. We file our taxes jointly. Which PLs will fit my needs? Thanks so much!
MY PROFILE/CREDIT SNAPSHOT:
FICO 8 Scores: EX- 728 TU- 743 EQ- 721
DTI: 21%
UTIL: 9%
Tradelines/CCs: 15
AAoA: 2 years 2 months
INQ: EQ 2 TU 3 EX 8 (last 24 mo)
TOTAL BALANCES $3280
TOTAL AVAILABLE CREDIT $38500
As long as you have access to it, which I'm sure you do, it's legit to include his income.
