Oct
5
I have bad credit, can I open a Roth IRA?
Filed Under Investing | 6 Comments
Its me again asked:
I have learned my lesson. I’ve been trying to pay down my unsecured debt for a year with consecutive payments, and I want to open a Roth IRA and hopefully one day, I can use it to retire, buy my first home, or education. The problem is I still have bad credit (probably for next 7 years but with debt paid), and I want to know:
I have learned my lesson. I’ve been trying to pay down my unsecured debt for a year with consecutive payments, and I want to open a Roth IRA and hopefully one day, I can use it to retire, buy my first home, or education. The problem is I still have bad credit (probably for next 7 years but with debt paid), and I want to know:
are there ANY companies I can open up a Roth IRA account with my type of credit?
I have a T.Rowe Price 401K account from work and I contribute 6% and my company matches that. I looked at the forms/paperwork for the TRowe Price Roth IRA and in the fine print it indicated that they will pull my consumer reports.
CHARLIE