I guess when you get to this point you probably don't care about a credit rating. My credit rating went back up over 100 points when I stopped paying my mortgage and then up again after I stopped paying on my credit cards. Odd.... guess the illusion between the debt to income ratio is the same as the illusionary money that we supposedly make. LOL
When I bought my house in 2007 my rating went down over 250 points. Weird huh? The credit rating is a crock! hahaha
Since I stopped paying it has steadily gone up every quarter. I even have a medical debt in there. These are all listed also on the rating. And it still goes up. I think people worry way to much over this false rating. It means nada....
Well believe it. I have the Equifax docs to prove it. LOL I was floored when it went down after I bought the house and was asking around about this. I was told that the debt to income ratio had changed with the home now on my list of debts. The same applies when I went into foreclosure and also when I then went into collection for the credit cards. This is no longer viewed as a debt apparently.Hence the number jump.
I know I keep harping on this but we are all so steeped in the "fear" that we have been programmed into that we sometimes don't get it. When you stop paying into the system... it is a good thing...... for you. :)