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When applying for home loans or buying a new car . Do they look at your credit score or do they look at the amount of debt? I have a 732 credit score. But I have about 35k worth of student loans that I’m paying on also. I also have a couple of other accounts that I pay on every month . Any advice is appreciated. thanks

6 Thoughts on When lenders check your credit .Do they check for your score or do they see the amount debt that you have?
  1. Reply
    July 18, 2011 at 12:23 pm

    They look at it all.

  2. Reply
    July 18, 2011 at 12:41 pm

    Both – they are thorough & look at everything.

  3. Reply
    July 18, 2011 at 1:01 pm

    They’ll factor in both but if you have a score of 732, that’s not bad at all. They will see you have some debt but will notice that you make your payments and have a good payment history. You shouldn’t have a problem at all with that score.

  4. Reply
    July 18, 2011 at 1:16 pm

    They look at it all. Score first, then payment history, then debt to income ratio.

  5. Reply
    Lisa A
    July 18, 2011 at 1:26 pm

    All of the above. Mortgage lenders scrutinize your report the most. they are interested in your score, how much debt you have, and if you have ever paid late or not paid.

  6. Reply
    July 18, 2011 at 2:18 pm

    They look at everything.

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