I have decent credit for my age, only thing against me is the almost 2 year length of my credit history and I only have credit cards on my report, so no diversity there. With camming we are considered self-employed, so is there any chance of getting a loan? My plan was to save up about 30% for a down payment on a relatively cheap newer fuel efficient car. Then I would try to pay off that loan as soon as possible, trying for 6 months. After that boost to my credit, I wanted to work on saving for at least a 20% down payment on a car. Then I realized that even with good credit, I don't think a bank would approve me for a mortgage. Since I have yet to file my first tax return, I have no history for banks to see.
Are camgirls destined to not be able to get a home loan? If I have to, I would wait til I could pay cash for a car, but I would like a paid off auto loan on my credit report. I'm interested in knowing if any of y'all have been successful getting loans and the circumstance/rates you got.




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