The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (68984)	8/28/2006 5:25:58 PM
From: Real Man	Read Replies (1) of 110194

Guess what? If you have no big debt, such as a mortgage, a car loan, etc., your credit score is actually lower. Take out a mortgage, and that will bump it up to 830. I checked that on citi credit score simulator. It's a country for debt junkies. Well, having credit card debt hurts it. Even if you pay them off every month, the credit card debt is your ending balance. If it is a large percentage of your credit line, it hurts more. At 100% your score could drop by 100. Not mortgage, though. That thing improves it. -g-

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