sub prime: Credit Repair (does it work) - 08/27/08 01:49 PM
Now, more important than ever credit score is important.
Even if a customer has decent credit scores versus great they will pay thousands, potentially tens of thousands of extra dollars in interest over the life of not only the home loan (due to risk based pricing), but every loan they have. The credit agencies, driven by the credit card companies and Fannie Mae and Freddie Mac are hitting scores hard. I pre-approved someone last month with a 650 and because they had 2 over 30 days late in the next month. The contract fell apart because their score drop to 565!
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Terry Ross

Tomball, TX

More about me…

Everest Credit Services

Office: (832) 473-8795

Mobile: (832) 473-8795

Can you or your clients save money with a higher credit score? How messed up is our credit scoring model and how can you take advantage of the problems?


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