April 2019

Found 1 blog entry for April 2019.

buying-a-colorado-springs-home-with-good-credit

One of the main reasons why people are turned down for a mortgage is a low credit score. That’s why it’s so important to start working on improving your credit score now if you plan to buy a home in the future. Your credit score serves as a numerical summary of your credit history. It tells lenders how you’ve paid your debts in the past whether that be credit cards, car loans, or college tuition. The score tells lenders how much of a risk you are as a borrower. It can also be used to gauge how much money they are willing to loan you.

How is your credit score calculated?

The three credit bureaus (Equifax, Experian, and TransUnion) calculate your score. They may include rental payments and even your employment history, but all three do not

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