Are you wondering if no credit is just as bad as poor credit?

It can be. You need to have at least a few established credit accounts to develop a score, and you need a score for most loan programs.

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Managing Credit Scores

Recent tallies show a third of U.S. credit scores fall below 649. While not impossible, acquiring a mortgage loan will likely be more difficult and more expensive at...

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What Can a Late Mortgage Payment do to your Credit Score?

A good credit score is important for more reasons than just obtaining new credit. These days, it can factor into everything from landing a new job to getting the...

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Understanding the makeup of your credit score is the first step toward buying a home.

As you might expect, payment history is the most influential component in your credit score, followed closely by the amounts you owe. To lesser degrees, the length...

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