Do realestate lenders use a different credit report, then free credit report.com to determine credit score. I was told by a lender that his scores were lower than the credit report that I pulled off of Freecreditreport.com the day before the lender pulled his report.
No one throws away money on reports from free credit report.com
Reports are free for you – always have been.
They check reports from annual credit report. com for a tiny fee
Also, major lenders like FHA never check the scores.
They view the reports in detail and make their own decisions.
They also consider your length of employment, salary and age.
The score is there merely for you so you can know where you stand at.
Cancell that scam and freecreditreport.
And from now on get your reports for free.
If you ever need your score you can go to Equifax.com for about 8 bucks, or myfico.com for about 15 bucks.
Again, sweat what is in your reports and not your score.
Before buying your house, make sure you credit card balances are as low and you can make them.
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April 1st, 2010 at 12:18 am
No one throws away money on reports from free credit report.com
Reports are free for you – always have been.
They check reports from annual credit report. com for a tiny fee
Also, major lenders like FHA never check the scores.
They view the reports in detail and make their own decisions.
They also consider your length of employment, salary and age.
The score is there merely for you so you can know where you stand at.
Cancell that scam and freecreditreport.
And from now on get your reports for free.
If you ever need your score you can go to Equifax.com for about 8 bucks, or myfico.com for about 15 bucks.
Again, sweat what is in your reports and not your score.
Before buying your house, make sure you credit card balances are as low and you can make them.
/
References :
April 1st, 2010 at 12:30 am
You have three different credit reports and at least 4 different scores (each of the three credit bureaus provide a score plus there is the FAIR Isaac [FICO] score). It is also possible that the score you got was a composite score. In addition, some lenders calculate their own score. Some may also use a composite score, weighting the three scores. Unless you know which score you pulled (and/or how it was calculated) and which score the lender used, you really can’t determine the cause of the difference.
References :
April 1st, 2010 at 12:50 am
our reports while they are the same they also differ in what is given the weight in the report. Mortgage pay history is huge in all of this. But the scores should be close.
References :