playboys Posted March 2, 2022 Report Share Posted March 2, 2022 I had good score when initial approved my home loan but few months back I did balance transfer from credit card my credit score drop very low(605). Next month my loan will go to final approval and they run credit score again. My question due to credit score my loan will get rejected? Quote Link to comment Share on other sites More sharing options...
yemdoing Posted March 2, 2022 Report Share Posted March 2, 2022 2 minutes ago, playboys said: I had good score when initial approved my home loan but few months back I did balance transfer from credit card my credit score drop very low(605). Next month my loan will go to final approval and they run credit score again. My question due to credit score my loan will get rejected? what was your score before the credit transfer ? I don't think it will be rejected but you will have higher interest rate. Quote Link to comment Share on other sites More sharing options...
Anta Assamey Posted March 2, 2022 Report Share Posted March 2, 2022 Quote Link to comment Share on other sites More sharing options...
playboys Posted March 2, 2022 Author Report Share Posted March 2, 2022 3 minutes ago, yemdoing said: what was your score before the credit transfer ? I don't think it will be rejected but you will have higher interest rate. 750 before Quote Link to comment Share on other sites More sharing options...
Anta Assamey Posted March 2, 2022 Report Share Posted March 2, 2022 4 minutes ago, playboys said: 750 before 145 points taggaya.... Balance transfer ki... something is wrong bro ... Quote Link to comment Share on other sites More sharing options...
yemdoing Posted March 2, 2022 Report Share Posted March 2, 2022 5 minutes ago, playboys said: 750 before woah.... that'd crazy. check out your fico reports and see why it dropped so much. there might be other reason . Quote Link to comment Share on other sites More sharing options...
playboys Posted March 2, 2022 Author Report Share Posted March 2, 2022 1 hour ago, Anta Assamey said: 145 points taggaya.... Balance transfer ki... something is wrong bro ... I used 100% balance transfer. Same thing showing in credit karma also. Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted March 2, 2022 Report Share Posted March 2, 2022 Never take new credit cards or balance transfers or loans when you plan to buy a house.. didn’t anyone tell you that?? Quote Link to comment Share on other sites More sharing options...
megadheera Posted March 2, 2022 Report Share Posted March 2, 2022 Thumb rule..when you apply any loan, do not apply for new credit cards, balance transfer or large deposits until you close it. Nee lender gaadu munde chepthadu kada Quote Link to comment Share on other sites More sharing options...
Android_Halwa Posted March 2, 2022 Report Share Posted March 2, 2022 Pani katukuni credit score tagaledudam anna kuda 150 points padeyadam jara kastame… Quote Link to comment Share on other sites More sharing options...
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