Latest Credit Scores News

How Mortgages Affect Credit Scores
Immediately following your new mortgage, expect your credit to suffer. Your credit score is a numerical representation of your ability to pay back a debt obligation. When you take on the largest loan that most consumers will ever have, your score goes …
Read more on Investopedia

The Potentially Huge Impact of Student Loans on Your Credit Score
You don't have to search very hard to come across the dire stories of real people struggling with poor credit scores. Though most people are aware that their credit score is important — it can affect your ability to rent apartments, get a mortgage or …
Read more on Huffington Post

HUD's Castro to Realtors: We want alternatives to traditional credit scoring
Several real estate trade groups spent Wednesday discussing the challenges that credit standards pose for access for some would-be borrowers and alternatives to traditional credit scoring. The event, co-hosted by the National Association of Realtors …
Read more on HousingWire

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