If you haven't checked your credit score in a while, you may be in for a pleasant surprise. The 3 major credit reporting agencies have made significant changes to the way they report negative information.
The National Consumer Assistance Plan (NCAP) is an initiative launched by Equifax, Experian and Trans Union to make your credit report more accurate and to make it easier to correct errors on your credit report.
In the last 2 years over 8 million collections have been removed from credit reports and the average consumers credit score has risen 14 points.
This is great news for would be home owners, they expect that the new credit reporting system will allow many more people finally purchase a home.
If you have tried to buy a home before and been told no, now may be the time to try again.
If you are considering buying a home here in the Johnson County Kansas or Kansas City Metro area give us a call, we will pair you with the perfect lender who can get you preapproved and on the road to your dream home.
Are you ready? Call us now at 913-523-6427