Monday, April 28th, 2008

Want to Lower Your Payments? Start by Improving Your Credit

Credit and interest rates are closely related. In addition to other factors, lenders look at a potential borrower’s credit to assess the risk of lending. Lenders typically offer more favorable interest rates to borrowers with high credit scores. So if you’re thinking of obtaining a mortgage or refinancing your existing home loan, you may want to consider ways to improve your credit and credit score. (more…)

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