The Mortgage Statement

What is a Credit Score and Why is it Important?

Posted by Scott McElmurry on Thu, Aug 16, 2012 @ 10:13 AM

A credit score is one of the pieces of information that your mortgage lender will use to evaluate your application.  Financial institutions have been using credit scores to evaluate credit card and auto loan applications for many years.

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Tags: what is a credit score, how do I calculate my credit score