Now I'm having to check my credit reports.. but fortunately the government does the once a year free credit report thing and I can use that to verify there is no bad debt on it.
At first, I thought it was a phishing attempt, but it appears that the company is really a collection agency.. but googling the name brings up a lot of references to scams. I think they got a list of phone numbers of AOL members from someplace and they're calling in an attempt to get people to pay something they don't owe under threat. The dollar amount would be something someone would pick that would be high enough to generate some revenue, but not so high that people would refuse right off the bat to pay it.
I've been pretty lucky that I've never been scammed before, so I guess I was due. The last time I checked my credit report, there was an item on there that did not belong to me. I was able to protest it at TransUnion using their web site and it was removed in about a month.
I guess this is a good time to remind people that you can get a free credit report every 12 months at;
https://www.annualcreditreport.com
It's not like the other advertised "free" credit reports, that make you sign up for some other bullshit service in order to use.. thus making it not really "free". That one is legit.
I suggest everyone use it once a year just in case. Having your credit report fucked up is a god damn nightmare.
/update
The "free" credit report just shows you the accounts in good standing and any negative items. It doesn't give your actual credit score. Thought it might be a good idea to pay 8 bucks to get mine.. since I hadn't seen it since I bought my G35 in 2003. I'm rather pleased..
7 comments:
I'll see your 808 and raise you with 820.. :P
-Steve (I have to sign this way, cause there's something F'd w/ my google account lately)
Such a liar.. lol
Well yes and no.
The number I got was 820, and yes I too thought that to be extremely high. Not so high that I didn't want to come trump you first, but now that you mention it I figured I'd clarify.
I ordered my score from Experian, who apparently has decided to create their own score rating called VantageScore. So long story short, yes I scored an 820, but it's on a completely different scale.
The last time I ran my real credit score I was in the 720 range. :)
Steve.
Lying by omission is still lying.. lol
OK, just had it pulled by a professional doing a pre-approval for a home.
Scores are 779, 794, and 797.
So pretty fucking good. Now to see what I can afford house wise.
Steve.
You're still lying.
Well, I know you're not lying. I can't imagine how you have a credit score that high without a mortgage. You have to have active loans that you're paying without fail in order to get a good credit rating, and the ratings you mention are very very high. That will ensure you get the best interest rate - so well fucking done. That's A+.
Before I bought my house, my rating was 730 based on car loans and a single credit card plus rental history. When I bought my house, I did an 80/20 loan to avoid mortgage insurance and zero down so I have 2 mortgages. So, on my credit history I have 2 current mortgages, 2 paid off car loans, and a current credit card (I pay off monthly).
And when I say "my house", I mean that. We live in John's house and I have my own house which is currently empty while I get it ready to lease. John used to have like 7 other homes but sold them all off after his heart attack. Too much stress.
I just don't see how your numbers are that high from renting. But - I can guess about what your income is. Are you marrying your girl and combining income to buy a house? If so, I'll bet you could qualify at around 300 together, and just you around 230 - on a 30 year note.
Be really damn sure you contact us about your process because that's John's field. He's a real-estate broker (not just an agent, big difference) and we'll help you get the best deal.
My advice though.. look at some homes to find the price range of what you want. DO NOT SIGN A BUYER AGREEMENT WITH A REALTOR. Just figure out about how much you want to spend.
Then talk to us. We'll find you a good mortgage broker in DC. Probably the best thing for you to do is a 15 year loan, with 20% down. That's a rather big pile of cash so I hope you've been saving like I've been telling you guys for a while. Otherwise, your payment will be higher because of the mortgage insurance.
We also want to help you get a realtor. For both the mortgage broker and the realtor, we'll get a referral fee, which would be nice. Hey - we paid for a $500 dinner for you guys so wtf.. right? Lol
....
John is looking over my shoulder and says you may qualify for more because your property taxes are lower than Texas. I was basing it on Texas. John is telling me that I could qualify for about 400k on 30yr on my salary alone in DC, and I think you probably make near what I do.
How much rent do you pay? You guys live together? I would NOT buy at the limit of what you qualify for. You want to have plenty of cash left over for fun stuff.. like video games and vacations.
Reading your note again, looks like you may have a mortgage guy already. For sure let us get a referral fee for your realtor. It's not trivial money at all, and the seller pays all the realtor fees.
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