Has anyone been pre-qualified to buy a house before? We were told that we were pre-qualified for x amount of dollars. In order to come to that amount, do they do a credit report?
I am a little ticked and had I been more aware (my fault)I wouldn't be worried. My realtor said that by now they would have done a credit report and everything seems ok. But, I remember when we were asked to write down our credit cards/debt, the amount owed and amount we pay per month I was searching and searching for the May statement for one particular card. I figured I had lost it. So, I waited for the June one to come in so I could calculate my figures and I noticed that my payment doubled. Why? Because I obviously didn't send in my last payment! Which means...I never got it, and the wonderful USPS must have lost it somewhere. No wonder I couldn't find it. Things have been so stressful around here with work and paperwork for selling and buying houses, I simply lost track of when I usually pay this bill. Had I remembered, I could have and WOULD have sent them a check without a statement.
I am going to call tomorrow and find out what happened. But, that doesn't amount to a hill of beans if my credit now has a black mark on it (if it actually does).
Do banks consider the whole credit report? Because, they'll find nothing late and nothing unpaid EVER in the past 15 years (or since I've started acquiring credit) except for this. So here I sit a worrywart.
Whoever knows anything about credit reports and loans...please enlighten me.
[ 05-28-2003, 06:19 PM: Message edited by: Tprspouse ]
I am a little ticked and had I been more aware (my fault)I wouldn't be worried. My realtor said that by now they would have done a credit report and everything seems ok. But, I remember when we were asked to write down our credit cards/debt, the amount owed and amount we pay per month I was searching and searching for the May statement for one particular card. I figured I had lost it. So, I waited for the June one to come in so I could calculate my figures and I noticed that my payment doubled. Why? Because I obviously didn't send in my last payment! Which means...I never got it, and the wonderful USPS must have lost it somewhere. No wonder I couldn't find it. Things have been so stressful around here with work and paperwork for selling and buying houses, I simply lost track of when I usually pay this bill. Had I remembered, I could have and WOULD have sent them a check without a statement.
I am going to call tomorrow and find out what happened. But, that doesn't amount to a hill of beans if my credit now has a black mark on it (if it actually does).
Do banks consider the whole credit report? Because, they'll find nothing late and nothing unpaid EVER in the past 15 years (or since I've started acquiring credit) except for this. So here I sit a worrywart.

Whoever knows anything about credit reports and loans...please enlighten me.
[ 05-28-2003, 06:19 PM: Message edited by: Tprspouse ]
Comment