Minggu, 29 Januari 2012

Q&A: Will paying off car lease improve DTI?

by Chris Devers
Question by Sherrie M: Will paying off car lease improve DTI?
Ok so this is the situation: We (my husband and I) have been spending the past year fixing up our credit to buy a house. We initially planned to wait 2 years, but we have to move out of our rental because our landlord is in foreclosure.Our credit is in the high 600's. The only outstanding debt we have at this point (aside from carrying a 5-20 dollar balance on our CC's for activity) is an auto lease with about 5k

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