Credit Score Myths

6 Myths about credit scores If you’re looking for a home, getting a car, or just wanting to up your credit score, then you’re acutely aware of how much influence your current credit score has on achieving your goals. However, there are several misconceptions about credit scores and just what and how they can affect …

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Lenders loosening requirements for home buyers

Online mortgage originator LendingTree’s monthly Credit Accessibility Report shows the average accessibility score for U.S. borrowers rose from 103 to 106 between July and August, indicating that borrowers had easier access to mortgage credit. The Credit Accessibility score is benchmarked at 100, using data from the full year of 2012, which is where it stood …

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Having good rental history can help you get a loan

A good rental history can help borrowers First-time home buyers planning to purchase a house later this year may have a better chance of qualifying for a mortgage if they have had a history of paying their rent on time. Last year, credit-reporting agency Experian added a section to millions of credit reports showing on-time …

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