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Daytony

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Debt to income question
I am planning to buy a house in the near future and my debt to income ratio is borderline (low income) but I have 1 CC that has no balance, will the lender still count this when calculating debt to income?

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Top Contributor
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The thin credit file will hurt you more

Not having much credit history makes it difficult to gage your reliability to manage your credit.   A single card that isn't used is like having no credit. 

You need to build up your credit limits by using and paying your card every month,  Even if its once a month.  After a few months payments you should see a jump in your scores.  then open a new card use it once  a month.  make those payments on time. 

A great credit score isn't about how much money you have, it's about how well you manage it. 

Good Luck

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