Why Are Credit Scores Different Between Credit Reports & Reporting Agencies??? - 02/15/07 05:55 AM
The three most important things in obtaining a mortgage are Income, Debt, and Credit Scores.  The first two are self explanatory, but the third “Credit Scores” are not as easily defined.  This is why it is important for those of us in the Mortgage and Real Estate Industry to be well informed on how Credit Scores work, so that we can better assist our Borrowers and Buyers in obtaining the house of their dreams.
Last Friday I started my first Post  “Credit Scores Where Did They Come From & What Are They???”  in hopefully helping others become a little more familiar … (62 comments)

Credit Scores Where Did They Come From & What Are They??? - 02/09/07 09:32 PM
I have read a number of Posts here on ActiveRain on Credit and Credit Scores, and I have written Posts on this same topic myself.  All of the Post that I have read or written provided good information on how to improve your Credit, or on what effects your Credit Scores.  But I have not seen any Posts on “where Credit Scores came from, what they are, and why we have them”.  So I will attempt in this Post to begin to do that.
Before Credit Scores were established, a person was given credit solely based on another human being’s judgment … (35 comments)

 
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George Souto

Middletown, CT

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George Souto NMLS# 65149 FHA, CHFA, VA Mortgages Connecticut

Address: One Liberty Sq., PO Box 1000, New Britain, Ct, 06050

Office Phone: (860) 573-1308

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