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I was denied an increase to my heloc from $150k ( which at the time in 2005 was a 680 average) to 300k to pay off my 1st mortgage of 50k @ 6.625% and with the ARM droppping- presently at 5.75 before my lock whiich is 5%.
My credit scores were 710, 723, 740+, no credit balances (pay one bank credit card for my monhtly gas and online bills in full by the due date), new car paid in full with use of heloc and savings, only have a mortgage payment and heloc payment +/- 1800./mo with my taxes. Put all my free discretionary money towads balance of heloc ( highest interest rate) but they say I do not qualify even if i went for additional 100k. what could i do when they bring old laundry on the credit. have been with the same chase (jp chase) for some time and this bothers me knowing the person i spoke to had 5 years with the bank and not in this department all that time. i am employed by the goverment, make a good salary plus have other income with no bills other than my utilities, basic cable-frugal here.
any help greatly appreciated.

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nothing you can do unless you have pristine credit will help you now. I had a card from Home Depot, looked at my credit report and they canceled the card even though it had a 0 balance. Why? because I wasn't using the card.
Its all a game and we cant win because they keep changing the rules.

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Hi, Mr & Mrs. Dolan!
Can you please tell me what to do if I've filed bankruptcy in 2005, cancelled too much of my credit card history and have only one credit card now with an $850 limit. Which is almost maxed out. Also, which credit bureau score are you referring to with these online presentations? Experian? Equifax? or Trans Union?.....Thanks a lot!

Melissa B.

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THE THREE CREDIT BUREAUS ARE IN BED WITH THE BANKS/CREDIT CARD/LENDERS. THE RULES OF THE GAME CHANGE DAILY TO SUIT THEIR GOALS. HOW CAN YOU PLAY THE GAME IF YOU DON'T KNOW THE RULES. KEEPING SOMETHING ON YOUR CREDIT REPORTS FOR 7 YEARS EVEN AFTER YOU PAY IT IS A JOKE. I AGREE IF YOU DON'T PAY A DEBT, IT BELONGS ON THE REPORT. IF YOU PAY IT, THE DEBT SHOULD NOT BE ON THERE FOR LONGER THAN A YEAR. MY INCOME IS 10 TIMES WHAT IT WAS 7 YEARS AGO AND I PAY EVERYTHING ON TIME, YET MY SCORE IS STILL BELOW AVERAGE. WE ARE SOON TO CHANGE THE RULES OF THE GAME. ARE YOU IN?

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TIME TO GET OUR ELECTED REPS ATTENTION, IF THEY CANT TO THEIR JOBS OF REPRESENTING THE PEOPLE WHO PUT THEM THERE, THEN IT'S TIME FOR THEM TO GO HOME. WE HAVE HAD ENOUGH PLAIN AND SIMPLE.
USE THIS LINK TO E-MAIL YOUR REPS BOTH STATE AND FEDERAL:

HTTP://WWW.USA.GOV/CONTACT/ELECTED.SHTML

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I WAS APPROVED FOR THE HOME DEPOT CREDIT CARD WITH A 439 FICO SCORE. GO FIGURE. I FILED BANKRUPTCY A YEAR AGO AND AM OVER 60 DAYS LATE ON MY MORTGAGE AND LATE ON MY OTHER CREDIT CARDS. BUT HOME DEPOT GAVE ME $8500 CREDIT LIMIT O PAYMENTS AND 0 INTEREST FOR ONE YEAR ON A WASHER AND DRYER.

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I'm trying to pay off my credit cards. Will it affect my credit if i cancel the ones that have monthly fees after they have been paid off or should i keep them and keep paying the fee

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I just finished cleanig my credit up, and raised my score, but i still have alot inquires on the report. and i am still being turned down. WHAT am i to do???

avg. score is 630

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i have a 620 credit rating, but i have several good pay on times for the last few years that are not showing. how do i get them put on my report, i want to buy a really cheap house. on the market for 37,900. and i'm on disability. and i know i can afford the morgage. no matter what. they should raise my score quite a bit.

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