Forum Discussion
liquidspaceman
May 09, 2013Explorer
In regards to my income vs. something not being right. My mother has a lot of serious medical expenses for her long term care. I also have two young children.
So what is being stacked against me:
1. Disabled mother medical care. As an example, I recently finished paying off a $40,000 bill due to things not covered.
2. Pre-teen kids
3. Living in California in general is damn expensive
4. Just recently paid off both of our cars and saved 11,000 so I am now going positive with my cash flow.
5. Always paid cash throughout my life. In the past 18 months, I have been establishing credit. So I guess you could say I have "new" credit. Which I'm told some financial institutions like to see 10 year credit histories. My average age of accts is 2.2 years.
So what is being stacked against me:
1. Disabled mother medical care. As an example, I recently finished paying off a $40,000 bill due to things not covered.
2. Pre-teen kids
3. Living in California in general is damn expensive
4. Just recently paid off both of our cars and saved 11,000 so I am now going positive with my cash flow.
5. Always paid cash throughout my life. In the past 18 months, I have been establishing credit. So I guess you could say I have "new" credit. Which I'm told some financial institutions like to see 10 year credit histories. My average age of accts is 2.2 years.
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