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col3rsc

When to apply after mortgage?

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My girlfriend will be closing on her house in May. When can she start applying for credit cards? Can she apply when she leaves the lawyers office? She would like to apply for Walmart and DCU. Her BK was discharged 8/10. Scores: TU 711, EX 695, EQ 686. Her report has the following IIB accounts Discover, Citibank, GM, Ford and Bank of America. She currently has a WF card with a $500 limit that graduated from the secured card. She plans to ask for a credit line increase after she closes.

 

Also, are there any other cards you would suggest?

 

TIA

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She shouldn't apply for new credit until she owns the house and has the keys.

 

 

Fixed for you.

 

She doesn't own the house until the last mortgage payment has been made. Even then, it's debatable as to whether she owns it outright (perpetual taxes).

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She shouldn't apply for new credit until she owns the house and has the keys.

 

 

Fixed for you.

 

She doesn't own the house until the last mortgage payment has been made. Even then, it's debatable as to whether she owns it outright (perpetual taxes).

 

 

Life is a series of leases, isn't it?

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It's fair game as soon as you leave the lawyer's office with the keys.

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It's fair game as soon as you leave the lawyer's office with the keys.

Which will be really baffling if you live in a state or other jurisdiction where there is no lawyer involved in the transaction... :P

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Now how to find out when the place is funded. I'm signing my paperwork in 3 hours.

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They are paying me $50 a day to stay in the place for a few days so i'll ask when it's funded so I can start billing them for the stay.

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