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Does private lending impact my FICO?

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Anonymous
Not applicable
‎11-05-2009 04:09 PM
‎11-05-2009 04:09 PM

Does private lending impact my FICO?

Some family members have lent us money for a down payment on a house.  A CPA has advised us to record it to get a mortgage deduction.  Will doing so impact my FICO score?
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haulingthescoreup
Moderator Emerita
‎11-05-2009 04:22 PM
‎11-05-2009 04:22 PM

Re: Does private lending impact my FICO?

Welcome to the forums!

I am locking this thread and redirecting readers to your duplicate post on Understanding FICO Scoring:

Does recording a private investment with the County Recorder impact our FICO score?

For the sake of everyone's sanity, please don't post duplicate (or near-duplicate) threads. You won't believe what a nightmare it can become. Smiley Tongue
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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