How Credit Cards Can Affect Your Loan
December 30th, 2007
Most people know that a spotty credit history can disqualify you for a home loan. Making monthly payments on credit cards charged up to the limit can do the same thing. But what most people don't know is that merely having a large number of credit cards, even with low balances and a history of timely payments, can disqualify you for a home mortgage loan just as quickly.
According ...