Monday, May 28, 2007

Raise Your Credit Score

Without a decent credit score, you won't be buying a home unless you're following the bread trail of a predatory lender. This article today on MSNBC outlines suggestions for raising or improving your credit score.

If your credit score is below 620, you can pretty well forget about getting a good interest rate on a home loan, much less getting a loan at all. The average score, according to the article, is around 720. The article really does provide a strong outline on how your credit score is determined, so go read now!



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