01-20-2013 06:57 PM
I've heard that once you buy a house your credit score increases. I can see reaons for it increasing and decreasing but curious to know the real deal!
01-20-2013 08:38 PM
Some people do see a benefit from adding a mortgage loan to their profile. It improves your mix of credit. At the same time, it adds a new account, so you'll get dinged for an inquiry and lowering your AAoA.
01-21-2013 05:33 AM
Make perfect sense to me! I won't be looking for credit after I close on my place so it will be a good time to garden. (Not that I'm not gardening now... it's just that nothing is growing...) Lol!
01-21-2013 05:39 AM
01-21-2013 07:48 AM