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!

Question

Posted in Mortgage
Profile Image

Question By
slitz21

0 Contributions
0 People Helped
Will this lower my income to debt ratio?
My ex husband was supposed to have our house refinanced out of my name 11 years ago, and still hasn't. If I press the issue of contempt of court, will getting this mortgage out of me loan for myself?y name help me to

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
5038 Contributions
1134 People Helped

If the mortgage loan is current and always paid on time without any lates, think twice about getting your name removed from it, it may be contributing significantly in a good way to your score/profile. Do you have other lines of credit that are in good standing on your reports? If so, it may not be that big of a deal to remove it, but if your credit profile is thin, then removing the mortgage loan from your reports could really damage your score. As for your question, of course it would lower your debt to income and that would have benefits, but make sure you know what those benefits would cost.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

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

View your scores and reports anytime.

SIGN UP NOW

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.