Can You Raise Your Credit Score by 100 Points Overnight?
With some hard work, your credit score can skyrocket 100 points or more. Here's what it might take.
April 24, 2024 7 MIN
With some hard work, your credit score can skyrocket 100 points or more. Here's what it might take.
Many first-time buyers hesitate to get pre-approved because it could hurt their credit. But now it's possible to get pre-approved without a hard credit inquiry.
Refinancing is easier than buying a home, but can still be a challenge with a low credit score. Best programs and strategies for poor credit refinancing.
According to the New York Federal Reserve, 3.8% of mortgage dollar volume was lent to borrowers with credit scores below 620 in the third quarter of 2023. How to set yourself up for the best chances of approval.
The three largest credit reporting companies in the U.S. announced last week they will remove about 70% of medical collection debt from consumer records.
Less than 2% of requests to correct errors on consumer records maintained by Equifax, Experian, and TransUnion resulted in corrections in 2020, down from 25% in 2019, the report said.
Freddie Mac is incentivizing landlords to report on-time rental payments to help potential first-time homebuyers build credit histories.
Homebuyers applying for a mortgage may find the credit score their loan officer sees isn’t the one they thought they had.
The idea of having a public credit reporting agency housed at the CFPB was proposed more than a year ago by President Joe Biden when he was a candidate.
Every homebuyer is hoping to get approved for a mortgage at the current, historically low rates, but experts warn that only people who have high credit scores are likely to receive them.
The average U.S. FICO score rose to a record high in 2020 amid the worst pandemic in more than a century, according to Experian data.
The average U.S. FICO score rose to 710 in 2020 from 703 in 2019 while late payments and credit utilization dropped as Americans hunkered down during the Covid-19 pandemic.
Don't wait until you find your dream house to check your credit reports for errors.
Having a good credit score gets you a better mortgage interest rate, lower fees and, if you have less than a 20% down payment, cheaper PMI.
Looming economic storm clouds make protecting your credit score even more important if you plan to buy a home.
The CFPB sued TransUnion, one of the nation’s largest credit bureaus, claiming it violated a 2017 consent order.
