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Which credit score do mortgage lenders use? Fannie Mae and Freddie Mac use FICO scores to determine borrower eligibility for ...
Here’s what to know about credit scores and how to raise yours: A credit score is a three-digit number that indicates how likely you are to pay back money when you borrow it, based on your credit ...
Paying off your balances and reducing your debt load is the fastest way to boost your credit score. “Say your credit cards ...
Length of credit history: "Lenders like borrowers with proven track records," so scores "consider how long your credit ...
An 850 FICO® credit score is perfect -- but what does it actually get you? Here's what changes (and what doesn't) when you ...
Your credit score isn’t just a number. It’s a financial gatekeeper. It tells lenders how risky—or reliable—you are whe ...
"Many people have been feeling like they're in some sort of personal financial recession for years now," says Lauren Bringle, an accredited financial counselor at credit-building platform Self ...
However, they were not sure if doing so would help or hurt their 800 credit score, which is a great score they have worked hard to get. So, should the user switch, or will doing so damage their ...
Our opinions are our own. A credit score of 600 is generally defined as bad credit — although it's not that far from the next level up, "fair" credit. If you have a 600 credit score, you're ...