Your credit score shows lenders whether or not your spending habits can be trusted. A person with a high credit score can expect to be given special treatment, as well as be provided loans that you likely will not see anywhere else.
Your credit score is a three-digit number between 300 and 900 that lenders use to determine your creditworthiness for a mortgage loan. A good credit score will open doors to low mortgage rates and stress-free loan approvals. A Good Credit Score for Mortgage A good credit score for a mortgage loan will be in the […]
Bad credit can be a barrier to entry to all sorts of things. It can make it harder to buy a car, buy property, and secure any loan with favourable rates. If you’re finding it hard to make the financial moves you want because of your credit score, it’s probably a good idea to start […]
Buying a house is rarely a walk in the park at the best of times, so the thought of going into this process with bad credit can be a little overwhelming. But as out of reach as it may feel, there are still steps you can take to get a mortgage with bad credit. Today, […]
It is standard practice for banks, lenders, companies, and individuals to review your credit record when applying for financing, housing, and credit services. The information in your credit report helps these lenders validate your trustworthiness and creditworthiness for their loan product. Understanding how your credit record affects your life is essential to understanding a poor […]