Tag: Credit Score

Posted on 02/28/2021
How Your Credit Score Affects Your Interest Rate
Image by Tierra Mallorca from Unsplash One of the most important things to check once you decide to start the home-buying process is your credit score. The three major credit bureaus keep track of how you pay for your credit and how much credit you have. Your score fluctuates, sometimes daily, depending on how much you owe and...
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Posted on 04/26/2020
3 Ways Home Buyers Can Position Themselves for the Best Mortgage Terms
Image by StockSnap from Pixabay The perfect home is not the only thing you'll need to shop for when you want to become a homeowner. In order to get the best terms, the lowest monthly payment and a reasonable interest rate, start doing some homework now -- before you even attend your first open house. 1. Check Your...
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Posted on 02/02/2020
How Often Should You Check Your Credit Scores?
Photo by Andrey_Popov via Shutterstock Federal law allows you to get your credit report free once per year. To do so, go to annualcreditreport.com and request your report. You need to do this at least once a year so that you can correct any errors or missing information. Differences Between Credit Report & Credit Score You typically have...
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Posted on 08/25/2019
Factors That Negatively Affect Your Credit Score
A credit score is an essential factor that determines how creditworthy you are and how much interest you should pay on loans. If you have an excellent credit score, you will pay a lower interest rate on loans and credit lines all through your lifetime. Apart from reducing your interest rate, a good credit score helps you save...
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