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View Full Version : Do we have to have a good credit card?


cutie1514
May 31, 2009, 10:41 AM
How many credits do we need to have to buy a house?

Wondergirl
May 31, 2009, 10:43 AM
The number of cards doesn't matter. Do you have a credit history?

excon
May 31, 2009, 10:44 AM
Hello cutie:

You'll need a fico score of around 700 and a down payment of about 10%.

Credit cards have nothing to do with it.

excon

cutie1514
May 31, 2009, 10:47 AM
If you have a good credit card that you don't owe nothing to the bank.Then, yes you can buy a house with a good credit card.

Wondergirl
May 31, 2009, 10:49 AM
If you have a good credit card that you don't owe nothing to the bank.Then, yes you can buy a house with a good credit card.
I don't think so.

justcurious55
May 31, 2009, 11:13 AM
If you have a good credit card that you don't owe nothing to the bank.Then, yes you can buy a house with a good credit card.

Uh, I have this really strong feeling that you made that up. Because if that were true, I'd be buying a house right now. But I'm not because somehow I don't see any real estate agents taking me seriously if I were to hand over my credit card and say, here, just charge it...