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| How to Improve Your Credit |
If you have had credit problems, be prepared to discuss them honestly with a mortgage professional. |
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| Your Credit Report
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Understand how a mortgage company views your credit information. |
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| Credit Scoring and How It Works |
Credit scoring, also known as FICO scoring, is a statistical method of assessing the credit risk of a loan applicant. |
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| Credit Profile |
A credit profile details your credit history as it has been reported to the credit reporting agencies by lenders who have extended credit to you. |
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| Credit Reporting Agencies
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This article includes address, phone and web site information for each credit repository.
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| Credit Grade |
Mortgage companies often grade your loan based on certain credit related items such as payment history, amount of debt payments, bankruptcies, equity position and your credit score. |
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| Other Credit Factors
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Mortgage companies look at other information besides your credit score and credit profile before deciding whether to approve your mortgage.
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| Know the Score About Your Credit Rating |
Learn about the importance of keeping tabs on your credit rating. |
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| Credit Inquiries |
The Fair Credit Reporting Act (FCRA) outlines specifically who can see your credit profile. |
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| How to Fix Credit Report Errors |
You have the right, under the Fair Credit Reporting Act, to dispute the completeness and accuracy of information in your credit file.
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| Steps to Take After Being Denied a Loan |
It's never fun to be turned down for a loan, but before you think you won't be able to get credit anywhere, there are some steps you can take.
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| Improve Your Bad Credit |
If you had a problem that's been corrected, and your payments have been on time for a year or more, your credit may be considered satisfactory.
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| Bankruptcy Issues |
Read more about bankruptcy and its affect on qualifying for a mortgage. |
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| Establish a Credit History |
What to do to increase your chances of being approved for a mortgage. |
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| How to Prevent Identity Theft |
According to one non-profit debt counseling agency, some 40,000 consumers each year are victims of this crime, which is a serious type of fraud.
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