Let’s Talk Credit: Understanding your Credit Score
|Understanding your Credit
|Twenty or so years ago, lenders and banks would obtain the credit scores from the credit report as a reference point. Loans were based on the overall financial strength of a borrower and their ability to repay a loan. The Scores were important but they were not weighed nearly as they are today when making a decision.
|Bill Nickerson NMLS #4194
800 Cummings Park
Woburn MA 01801
Providing Residential Mortgages since 1991