Factors That Affect Credit Scores
-
There are many factors to consider when looking at your credit score. If you need to apply for a mortgage application, you should check your credit before you apply. Almost 25% of total mortgage applications get denied. If you have outstanding payments, even as little as $1, you can get denied and your credit can drop on average 100 points. We suggest you check your FICO score at https://www.myfico.com/, which is what most banks use to determine your score. If your credit score is under 740, you should contact Tracy Becker at North Shore Advisory!
Factors That Affect Credit Scores
-
