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    cutie1514's Avatar
    cutie1514 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    May 31, 2009, 10:41 AM
    Do we have to have a good credit card?
    How many credits do we need to have to buy a house?
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
    Jobs & Parenting Expert
    		  
    #2

    May 31, 2009, 10:43 AM

    The number of cards doesn't matter. Do you have a credit history?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #3

    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's Avatar
    cutie1514 Posts: 2, Reputation: 1
    New Member
    		  
    #4

    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's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
    Jobs & Parenting Expert
    		  
    #5

    May 31, 2009, 10:49 AM
    Quote Originally Posted by cutie1514 View Post
    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's Avatar
    justcurious55 Posts: 4,360, Reputation: 790
    Ultra Member
    		  
    #6

    May 31, 2009, 11:13 AM
    Quote Originally Posted by cutie1514 View Post
    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...
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