Posts Tagged ‘credit’
Why Are Credit Scores Different?
Why Are Credit Scores Different? If you’ve shopped around for any kind of loan, one of the things you likely noticed is that the credit score a lender pulls seems to be different, sometimes by quite a wide margin, from what you see when tracking your own credit scores. What gives? It comes down…
Read MoreCan You Use Experian Boost to Get a Mortgage?
Experian Boost – Don’t Do It! You’ve perhaps seen Experian’s latest marketing pitch on TV commercials for their “Boost” product – “Help Raise America’s Credit Scores”, the website hero image reads. And yes, the product can do what it says – boost a user’s credit scores. That’s great news, right!?!? Well, no. All…
Read MoreTrended Credit Data is Here
Trended Credit Data is Here Trended credit data is making waves in the mortgage industry as a new way for creditors to view applicant’s applications for credit. In traditional models, credit is viewed by an underwriter as a snapshot in time, whereas ‘trended credit data’ has been created to give a risk manager a…
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