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Last year when I applied for a similar loan I had a guaranteed job (teaching community college) and a 740 credit score. I was denied.
I quit my teaching job (had the boss from hell) and purchased a business. I also put $17K on my credit cards (interest free for 9 months). All the card debt dropped my score to a 728. So this time I have a lower score and a much riskier job. Nonetheless, I was approved. Go figure. |
| 08-01-2012, 11:30 PM | |
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