I am trying to refinance my home. The first lender I checked has told not to check anywhere else or my FICO will drop. I called a credit counselor and asked if this was true. They told me that I could check as many as I liked and it would only effect my FICO as if I checked only one lender. They said this was part of the FACT act. Does anyone know the absolute truth?
I am rebuilding my credit after a bout with leukemia. Any info would help me tremendously.