Posts Tagged "applying for a mortgage"

The impact of using 99% of your available credit before applying for a mortgage

Dear Experian,

I was looking at my credit report online and it showed that I am using 99 percent of the credit available to me. What does that mean? Also, I know that I have one student loan that is at almost $60,000. How much effect is that going to have on me if I am trying to get a home loan?


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