Credit Reporting Agency Shows Borrowers How to Drastically Increase Their Credit Scores
Recently the FHA & banks raised the minimum credit score requirements for home lending. The purpose of the credit score tightening is to lower their default rate by ensuring they lend to borrowers with higher credit scores. Needless to say mid-range credit scores aren't good enough anymore! It's going to be crucial for home borrowers to do all they can to maximize their credit score to not only get approved, but get the best rates and terms available for a...
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