@Eggsplorist wrote:
For instance, they say I "have too much debt" because, basically, the ratio of my mortgage balance (which is 38% of the value of my house) to my income is "too high."
Do the credit bureaus consider income? I've never noticed seeing income on the credit report. I thought they relied on information from creditors who don't necessarily know their customers' income.
BTW, if you keep the high investment returns and they compound, your mortgage payment will become an increasingly smaller percentage of your income. The banks will love you. The increased wealth plus the banks' love together will be worth the value of the increased wealth. 😀
