- May 5, 2011 at 3:12 pm #205169
I am trying to buy a house in this tough economy and I am 30 points away on my Trans union score. How can I raise it fast?
- May 18, 2011 at 2:20 am #280253
If you carry any balances on your credit cards pay them to 0.
If you like using your credit cards for food and gas, make payments every 2 weeks.
Do not open any new credit cards.
Keep in mind that most mortgage companies do not go by the score.
They view your reports in detail and make their own decisions and calculations.
The score is there in case you get a high interest rate – they don’t have to explain the reports and the reasons to you.
Also your salary and length of employment play a major role.
The % of your down payment will be the most important factor next to your reports.
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