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wallsoflight

Member since: December 2009

Total Contributions: 2

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PupilOfConfucious, Allow me to disagree with you.  You can definitely qualify for excellent ratings on a car or a house with a credit history that has only been open for 5-10 years.  When I was 22 (credit history open since I was 18) I qualified for the lowest possible rating on a $25k car loan WITHOUT a co-signer.  All I did was make sure 100% of my payments were made on time and that 95-100% of my credit card was paid off every month.  It's definitely possible.  Age is not an obstacle to a god credit score or obtaining excellent loans on car or home purchases.

Comment Reply posted 1 year ago

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(2 Total Contributions)

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+1

Err... "lowest possible rating" was supposed to be "lowest possible interest."

Comment Reply posted 1 year ago

Trends by Age

+3

PupilOfConfucious, Allow me to disagree with you.  You can definitely qualify for excellent ratings on a car or a house with a credit history that has only been open for 5-10 years.  When I was 22 (credit history open since I was 18) I qualified for the lowest possible rating on a $25k car loan WITHOUT a co-signer.  All I did was make sure 100% of my payments were made on time and that 95-100% of my credit card was paid off every month.  It's definitely possible.  Age is not an obstacle to a god credit score or obtaining excellent loans on car or home purchases.

Comment Reply posted 1 year ago

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