It’s the Credit Score Stupid!
July 28, 2010 12:01 pm Leave your thoughtsCreditworthy firms are not the problem per se, its depressed credit scores. Compounding this is the fact that lenders have raised their credit score qualifying requirements.
Creditworthy firms are not the problem per se, its depressed credit scores. Compounding this is the fact that lenders have raised their credit score qualifying requirements.
The Financial Reform Legislation will require lender certify that consumers have a reasonable ability to repay a loan. Lenders will look at your income closely, but this will also force more scrutiny on your credit score.
Local, State and Federal governments have broad rights to access your credit report and in some cases to put things on it