Tag Archive: Credit Scores

Sep 15

Over half of Approved Loans Have A FICO® Score Under 750

The results of countless studies have shown that potential home buyers, and even current homeowners, have an inflated view of what is really required to qualify for a mortgage in today’s market. One such study by the Wharton School of Business at the University of Pennsylvania revealed that many millennials have not yet considered purchasing homes simply because …

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Nov 23

Applying For A Mortgage Soon? Don’t Open New Credit Cards On Black Friday.

Shoppers should think twice about is the popular “Open A Charge Card, Save 20%” promotion. The short-term savings may be tempting, but the long-term costs may be huge.

Nov 02

Better Credit Scores Get Better Mortgage Rates

Mortgage approvals are primarily based on good income, good equity and strong credit, and, without all three, the best rates of the day remain out of reach. Do something about your credit score.

Oct 21

See How Credit Missteps Lower Your Credit Score

The company behind the popular FICO scoring model has published a “What If?” series for common, specific credit missteps.