Maxine Sweet
Maxine Sweet
proper sure
Be sure you have proper documentation to back up any deductions you claim.
accounts applying considered credit deal equity factors helpful history home issues notice payment risky score
If you notice anything questionable, such as accounts you don't recognize, or payment disputes, deal with those issues before applying for a home equity loan. It can also be helpful to have your credit score which will tell you specifically the factors in your credit history that could be considered risky by lenders.
accounts balance consumer creditors expect next normally pay reflected report updates
Creditors normally report updates to their accounts only once a month, so a consumer can't pay down the balance and expect it to be reflected on the report the next day.
definitely higher interest item negative par pay rates serious tax
It's a very serious negative item on your report, on par with a tax lien or a bankruptcy. You will definitely pay more for your credit, in higher interest rates and higher down payments.
control credit finances financial home honest less likely lives manage people position reflective report
Typically, people who manage finances well manage their lives well and are less stressed, likely to be more honest and more in control of their workday and their home life. A credit report is not only reflective of your financial position but your character.