Category Archives: Credit Scores

10 Key Credit Score Terms To Master
Calculating credit scores is complicated, But if you understand these 9 key credit score terms, you will be well on your way to building a better credit score and a brighter, more secure financial future.

Credit score

A number (usually between about 300 and 800) that represents your creditworthiness. The lower your score, the more of a risk you are to lenders, the less likely you are...
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What’s With All These Different Credit Scores?
You’re probably familiar with the importance of credit scores. Lenders and stores use your credit score(s) to decide whether or not to extend credit to you. They also use them to decide what interest rate to charge you on a loan or credit card, as well as the credit limit. And even whether to require a deposit when opening a new account. But with all the different...
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Mortgage Denied? Don’t Panic… We can help!
Application for your mortgage denied? Don’t panic. It happens a lot! In fact, about 1 in 2 mortgage applications get denied for a refinance, and about 1 in 3 get denied for a new mortgage. The most important thing to do after your mortgage is denied is to find out exactly why… There are 3 main reasons a mortgage application may be denied: the loan-to-value...
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