- This topic has 65 replies, 9 voices, and was last updated 15 years, 5 months ago by
Raybyrnes.
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December 27, 2007 at 1:06 PM #125233December 27, 2007 at 1:16 PM #125176
Raybyrnes
ParticipantI cqan appreciate where you are coming form but I fugure the 3 hours a year aI spend on this stuff earns me about 1000 or more. That’s a pretty good hourly rate.
Additionally I never see credit cards as sinking me into debt. Think you miss what I am stating. Regarless if I pay cash or credit I have to eat and have a number of other expenses that will never disappear. I just choose to use credit to pay now but simultaneouly but the same dollar amount in a bank account. I don’t see how I am actually in debt. I just have access to more cash. 1 dollar in the bank and 1 dollar owed is still 0. The difference for me is that the dollarin the bank pays me 5% the dollar owed currently costs me 0.
Over time this strategy affords me a vacation, or big screen TV etc.
I’ll readily admit that I cut coupons from the Sunday paper on itemms that I wouold normally buy aswell. Minimum monthly saving of 125$ a month. Again not something everyone would want to do but certainly adds up over time.
December 27, 2007 at 1:16 PM #125238ParticipantI cqan appreciate where you are coming form but I fugure the 3 hours a year aI spend on this stuff earns me about 1000 or more. That’s a pretty good hourly rate.
Additionally I never see credit cards as sinking me into debt. Think you miss what I am stating. Regarless if I pay cash or credit I have to eat and have a number of other expenses that will never disappear. I just choose to use credit to pay now but simultaneouly but the same dollar amount in a bank account. I don’t see how I am actually in debt. I just have access to more cash. 1 dollar in the bank and 1 dollar owed is still 0. The difference for me is that the dollarin the bank pays me 5% the dollar owed currently costs me 0.
Over time this strategy affords me a vacation, or big screen TV etc.
I’ll readily admit that I cut coupons from the Sunday paper on itemms that I wouold normally buy aswell. Minimum monthly saving of 125$ a month. Again not something everyone would want to do but certainly adds up over time.
December 27, 2007 at 1:16 PM #125260ParticipantI cqan appreciate where you are coming form but I fugure the 3 hours a year aI spend on this stuff earns me about 1000 or more. That’s a pretty good hourly rate.
Additionally I never see credit cards as sinking me into debt. Think you miss what I am stating. Regarless if I pay cash or credit I have to eat and have a number of other expenses that will never disappear. I just choose to use credit to pay now but simultaneouly but the same dollar amount in a bank account. I don’t see how I am actually in debt. I just have access to more cash. 1 dollar in the bank and 1 dollar owed is still 0. The difference for me is that the dollarin the bank pays me 5% the dollar owed currently costs me 0.
Over time this strategy affords me a vacation, or big screen TV etc.
I’ll readily admit that I cut coupons from the Sunday paper on itemms that I wouold normally buy aswell. Minimum monthly saving of 125$ a month. Again not something everyone would want to do but certainly adds up over time.
December 27, 2007 at 1:16 PM #125159ParticipantI cqan appreciate where you are coming form but I fugure the 3 hours a year aI spend on this stuff earns me about 1000 or more. That’s a pretty good hourly rate.
Additionally I never see credit cards as sinking me into debt. Think you miss what I am stating. Regarless if I pay cash or credit I have to eat and have a number of other expenses that will never disappear. I just choose to use credit to pay now but simultaneouly but the same dollar amount in a bank account. I don’t see how I am actually in debt. I just have access to more cash. 1 dollar in the bank and 1 dollar owed is still 0. The difference for me is that the dollarin the bank pays me 5% the dollar owed currently costs me 0.
Over time this strategy affords me a vacation, or big screen TV etc.
I’ll readily admit that I cut coupons from the Sunday paper on itemms that I wouold normally buy aswell. Minimum monthly saving of 125$ a month. Again not something everyone would want to do but certainly adds up over time.
December 27, 2007 at 1:16 PM #125009ParticipantI cqan appreciate where you are coming form but I fugure the 3 hours a year aI spend on this stuff earns me about 1000 or more. That’s a pretty good hourly rate.
Additionally I never see credit cards as sinking me into debt. Think you miss what I am stating. Regarless if I pay cash or credit I have to eat and have a number of other expenses that will never disappear. I just choose to use credit to pay now but simultaneouly but the same dollar amount in a bank account. I don’t see how I am actually in debt. I just have access to more cash. 1 dollar in the bank and 1 dollar owed is still 0. The difference for me is that the dollarin the bank pays me 5% the dollar owed currently costs me 0.
Over time this strategy affords me a vacation, or big screen TV etc.
I’ll readily admit that I cut coupons from the Sunday paper on itemms that I wouold normally buy aswell. Minimum monthly saving of 125$ a month. Again not something everyone would want to do but certainly adds up over time.
December 27, 2007 at 1:24 PM #125181kev374
ParticipantMy score fluctuates between 785 and 810. Who knows why? And I don’t even care, as long as it’s above 720 it’s terrific!
December 27, 2007 at 1:24 PM #125244ParticipantMy score fluctuates between 785 and 810. Who knows why? And I don’t even care, as long as it’s above 720 it’s terrific!
December 27, 2007 at 1:24 PM #125013ParticipantMy score fluctuates between 785 and 810. Who knows why? And I don’t even care, as long as it’s above 720 it’s terrific!
December 27, 2007 at 1:24 PM #125266ParticipantMy score fluctuates between 785 and 810. Who knows why? And I don’t even care, as long as it’s above 720 it’s terrific!
December 27, 2007 at 1:24 PM #125164ParticipantMy score fluctuates between 785 and 810. Who knows why? And I don’t even care, as long as it’s above 720 it’s terrific!
December 27, 2007 at 2:32 PM #125219HLS
ParticipantIt depends on what loan amount that you are looking for.
“a 760 will get you much more than 680”
Isn’t necessarily true. Another myth.The best conforming loans ($417K or less) the pricing is the same as long as score is 680 or above.
The underwriting is an automated system. It may give more weight to a higher score, but with an approval, the rate will be the same for a 760 as 680.
On a loan amount above $417K, different lenders offer different pricing. I think that the best pricing on a jumbo loan is on a score above 760, but a different lender may offer siimilar pricing at a 720 score.
Scores can vary by 30-40 points monthly depending on credit card balances and usage.
Having no balance doesn’t always mean that you score will be higher than having a balance.
December 27, 2007 at 2:32 PM #125236ParticipantIt depends on what loan amount that you are looking for.
“a 760 will get you much more than 680”
Isn’t necessarily true. Another myth.The best conforming loans ($417K or less) the pricing is the same as long as score is 680 or above.
The underwriting is an automated system. It may give more weight to a higher score, but with an approval, the rate will be the same for a 760 as 680.
On a loan amount above $417K, different lenders offer different pricing. I think that the best pricing on a jumbo loan is on a score above 760, but a different lender may offer siimilar pricing at a 720 score.
Scores can vary by 30-40 points monthly depending on credit card balances and usage.
Having no balance doesn’t always mean that you score will be higher than having a balance.
December 27, 2007 at 2:32 PM #125068ParticipantIt depends on what loan amount that you are looking for.
“a 760 will get you much more than 680”
Isn’t necessarily true. Another myth.The best conforming loans ($417K or less) the pricing is the same as long as score is 680 or above.
The underwriting is an automated system. It may give more weight to a higher score, but with an approval, the rate will be the same for a 760 as 680.
On a loan amount above $417K, different lenders offer different pricing. I think that the best pricing on a jumbo loan is on a score above 760, but a different lender may offer siimilar pricing at a 720 score.
Scores can vary by 30-40 points monthly depending on credit card balances and usage.
Having no balance doesn’t always mean that you score will be higher than having a balance.
December 27, 2007 at 2:32 PM #125297ParticipantIt depends on what loan amount that you are looking for.
“a 760 will get you much more than 680”
Isn’t necessarily true. Another myth.The best conforming loans ($417K or less) the pricing is the same as long as score is 680 or above.
The underwriting is an automated system. It may give more weight to a higher score, but with an approval, the rate will be the same for a 760 as 680.
On a loan amount above $417K, different lenders offer different pricing. I think that the best pricing on a jumbo loan is on a score above 760, but a different lender may offer siimilar pricing at a 720 score.
Scores can vary by 30-40 points monthly depending on credit card balances and usage.
Having no balance doesn’t always mean that you score will be higher than having a balance.
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