The co-signor is expected to have a good or
excellent credit score too.
Not exact matches
What good is an
excellent credit score if you have
too much debt to borrow anything?
With an
excellent credit score, you can lock in a very low interest rate
too.
Too many late payments can easily drop a
credit score from
excellent to poor in a matter of months and it may take years to raise the
credit score back to its previous numbers.
Large Down Payment: For people who may not have an
excellent credit score, some lenders may not be
too particular about it if you can make a large down payment.
Coming out of a divorce, I had plenty of debts
too (all paid with none negotiated) and an ugly
credit score that's climbed back to somewhere between «very good» and «
excellent.»
Indeed, with a little careful planning and budgeting, hard work, and frugality, it's not
too difficult to improve your
credit score and put yourself in an
excellent position to obtain a variety of future
credit products.
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Getting an
excellent credit score isn't
too difficult if you have good
credit habits.