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When it comes to your credit health, a lot can change in the blink of an eye. Your scores change as new information is added to your credit reports – the good and the bad. If you haven’t checked lately, you might be surprised at what’s lurking untreated. Early detection is the best defense against score-lowering changes! See where you stand with TransUnion®, Equifax® and Experian®.
When it comes to home buying, your credit scores can make it an uphill battle � or land you on easy street. The first step is to know where you stand. Higher scores can help you get approved more easily � so making sure your credit is in shape for the journey is key!
Tips to help start you on the right path:
From getting pre-approved to scrimping and saving for a down payment, buying a home is daunting. And If you�re like most of us, the amount of your monthly payments is a big factor in determining how much home you can afford to buy.
Here �s what you need to know:
•Your credit scores are a critical factor in determining your interest rate.
•In turn, that interest rate helps determine your monthly payment amount.
•Higher credit scores can help you get a lower interest rate.
•Paying less interest means you can buy more home without raising your payment.
•And having higher scores can lower the percentage you have to put down.
Find out where you stand with TransUnion®, Equifax® and Experian® before you hit the pavement!
If you’re not monitoring your credit activity year-round, your credit scores may not be as healthy as you thought? Making the most of your credit health begins with doing a “wellness checkup” of your credit reports and scores from all three bureaus. Don’t let undiagnosed errors run down your scores and run off lenders! See where you stand with TransUnion®, Equifax® and Experian®.
Did you know your credit scores can be affected, for better or worse, by your income taxes? It�s not simply about whether you owe the IRS or the IRS owes you. It�s how you pay your tax bill or what you do with a refund.
• Getting a refund? Resist the urge to splurge. Racking up charges in a shopping frenzy fueled by a tax refund could lower your scores, while paying down debt could improve them.
• Owe the IRS? Avoid using a credit card. Paying with plastic can mean paying bigger fees than an IRS installment plan � and piling on more credit card debt can lower your scores.
• Don�t tax your scores. See where you stand with TransUnion®, Equifax® and Experian® before you decide.
Higher credit scores can help you get a lower interest rate.Checking your credit will NOT harm your credit scores!Don’t let undiagnosed errors run down your scores and run off lenders! See where you stand with TransUnion®, Equifax® and Experian®.
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