No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
@drkaje wrote:
@tcbofade wrote:Umm. Thank you for all of your effort, and I DO appreciate your input.
Not to hijack my own thread, but I wonder if paying off her only installment loan will help or hinder DW's FICO score?
I think that's a YMMV scenario. It would likely help her DTI be lower and look better in in underwriting, but every post I've read about paying off stuff early has led me to believe it's impossible to predict how ones score will be affected.
I agree with drkaje.
And will only add that IMO paying off debt is always a good thing to do. It should be everyone's #1 goal.
Thanks all, and we'll just have to SEE if her score goes up or down...
It's a very fickle formula, LOL!
Glad to know I'm not the only one occasionally frustrated by FICO's love/hate relationship with debt.