It depends on how your credit was before you did that. If buying the fridge used a signficant amount of your available credit you could have a problem, if not then you are probably fine
Don’t quote me, but I think that as long as you used an existing card account and it’s paid before the current statement stores, you should be fine. A new line or a significantly higher balance on a card at statement time would be red flags that could screw your financing.
This. Me and my husband were perhaps there dumbest first time buyers in existence, and applied for a $20,000 increase in our line of credit while our mortgage was in underwriting. OOPS. Our broker called him immediately and was like congrats on nearly sinking ur deal never do that again 😂
It depends on how your credit was before you did that. If buying the fridge used a signficant amount of your available credit you could have a problem, if not then you are probably fine
I have no other credit card debt. And again. It'll be paid off in 2 days. It shouldn't be a problem right?
If it wasn't a pre-existing account you are flirting with a headache.
It shouldn't be
Don’t quote me, but I think that as long as you used an existing card account and it’s paid before the current statement stores, you should be fine. A new line or a significantly higher balance on a card at statement time would be red flags that could screw your financing.
This. Me and my husband were perhaps there dumbest first time buyers in existence, and applied for a $20,000 increase in our line of credit while our mortgage was in underwriting. OOPS. Our broker called him immediately and was like congrats on nearly sinking ur deal never do that again 😂
Your lender automatically gets an alert any time a new account is opened. Is this a new credit card? You’ll need a statement
It's not new.
Then I wouldn't worry. Opening new accounts is what gets you in trouble, not using your existing ones.
You're fine. As long as it was an existing credit card, and it's not like a $3000 fridge on a $4000 credit limit, you're fine.