@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.
@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.
