fha loans: Bad Credit and Good Income
- 11/11/11 12:11 PM
Bad Credit and Good Income Posted on November 9, 2011 by Realty Executives The last few years have been rough on everyone. Bankruptcies, foreclosures, short sales, and unemployment have ravaged the savings and credit ratings of hard-working honest citizens, and their effects can linger. As our economy gets back to work, you may find yourself in an increasingly-common position: bad credit but good income. Mountains of debt? Is your credit score only hampered by past behavior, or are there current items weighing you down? If you have unpaid judgements or high revolving debt balances, you should almost always pay them down (2 comments)