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Disputing Credit Scores Can Sometimes Harm Your Credit Score
The real world we live in is often very different than how it is portrayed on the evening news, the local newspapers and what we are led to believe by our government officials. Disputing a minor issue in a credit score could end up hurting your credit score adversely. Common sense for home buyers needs to prevail. The time for home buyers to check out our credit scores needs to be well in advance of buying a home. When a home buyer waits to address a minor credit issue just about when they are to close...that may trigger some unforeseen consequences and sometimes Fairfax VA homes buyers may find themselvees in a position where they cannot move forward, or ending up with a higher mortgage rate. If we know what the issues are in advance, we are better positioned to take care of them before we write a contract. "Forewarned, is forearmed!" Home buyers need to understand that the mortage rates they will receive in today's world are highly influenced by our credit scores. For the most part if a mortgage company advertises a particular mortgage rate...it must be understood that this is normally the best mortgage rate - for persons with perfect credit scores. Everyone else will pay more for the rate because the risk ... more
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