Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!


Posted in Credit Karma
Profile Image

Question By

0 Contributions
0 People Helped
Rennovation Loan or cash for home improvements after closing
Credit score 682. Closing on home this week. Contractor quoted 8,000 for work on home.
I will have 11,000 left in savings after closing on mortgage. I plan to pay the contractor in cash upon completion of his work. I still need to replace stove and dishwasher in home before I move in.

I have 3 credit cards with low balances and the highest credit limit is only 1400.00. Should I apply for a Lowes credit card.. and buy the appliances i need, or should I buy them cash? I don't have to start paying mortgage for 1 month so I could pay cash but I do not want to drain my savings and have no cushion for emergencies....HELP!!!!

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.