Why is the credit score from the bank lower than the score I get directly from the three credit reporting agencies and FICO.com?
Answers | 4
lucyhenry07 | 01.29.16 @ 03:29
Ok Thanks
-
Upvote 0
$commenter.renderDisplayableName() | 01.19.21 @ 02:06
{comment}
-
Upvote 0
$commenter.renderDisplayableName() | 01.19.21 @ 02:06
{comment}
-
Upvote 0
cscasi60 | 10.12.16 @ 15:56
I am not sure I would rely on this answer. Most lenders would rather see a high score because it indicates that you, the borrower, would be less of a risk to the bank, If you ever run into this sort of thing, I suggest you go to another bank or lending institution for a second opinion. You might also want to check your credit history using The MoneyTips Credit Manager and ensure there isn't something being carried in it that is incorrect or does not belong to you; in which case you can get the institution to investigate it and take it off your history (if it is incorrect) and may increase your score. With rates as low as they have been, one does not normally want a variable loan as when rates rise so does your rate on your mortgage loan; depending on any guarantees on your loan not to raise it for "x" amount of time. But, as I am sure many know from past experience, they got variable rate loans and when rates went up, so did their payments and many could not afford them after a while and lost their homes.
-
Upvote 0
$commenter.renderDisplayableName() | 01.19.21 @ 02:06
{comment}
-
Upvote 0
$commenter.renderDisplayableName() | 01.19.21 @ 02:06
{comment}
-
Upvote 0