Score dropped 30 points

[Anonymous]

I don't think there's enough information there to make that call. 

Without knowing DTI (income being a factor of course) we can't compare two different people regarding loans, ability to obtain X loan, etc.  Someone with $200k in loans verses someone with $0 in loans if both individuals have (say) $40k in income would be one thing, but if you're talking two individuals who have $200k in income that's a very different story.  That's just looking at a single factor of income, but as we all know income isn't a Fico scoring factor so IMO really shouldn't enter discussions involving risk assessment on that front.  As we know there are plenty of wealthy people with horrible credit and plenty of below average income people with fantastic credit.  Just my opinion though.

[Anonymous]

What I am saying is 2 similarly situated individuals with just the differences referenced above. Income is the same. The point is one has greater monthly obligations and therefore less likely to obtain as large of a loan as the one who has less obligations. Again just my opinion

[Anonymous]

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@Anonymous wrote:
The point is one has greater monthly obligations and therefore less likely to obtain as large of a loan as the one who has less obligations.

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I guess this is the part we're not seeing eye to eye on.  I don't see the size of the loan as being very relevant to the conversation unless we're assuming that someone always takes out a loan for the maximum amount that they are able to acquire DTI wise. 

[Anonymous]

Has nothing to do with if they’re going to take out the maximum possible; it has to do with the risk level due to existing obligations. Agree to disagree I guess.