... asked: I’m going to graduate from college with about $100,000 in student loan debt, and with companies checking prospective employees’ credit before they hire them, how much of an issue is that going to be? I still have a good credit score (~690-720) and no credit card debt or car loans and never had any late ...
... And when the housing market pics up we could revisit the HELOC. What do you think? As far as the HELOC, we didn’t have enough in the house to take care of all the loans so it wasn’t going to work right now. that’s good to know that you’ve done it before. I like the idea of the single payment. We just had another baby, that makes three kids under 4yrs. old and I’m responsible for paying the bills and I don’t want to ***** up our FICO by missing or making late payments. We will most likely do a HELOC when the appraisal of our property goes up. Twelve months ago it was worth 30K more then today, crazy. we aren’t trying to borrow our way out of debt just trying to keep our great FICO score. A few times in the past a last and miss payment is what damaged our FICO more then anything. So with ONE auto payment to the bank that will keep our score great. Being a SAHM isn’t easy but it can be a little hectic during Summer break, ...