It's the weekend
It's the weekend, try not to think. Rest, have fun and get ready for the coming week. But, if you want to think a little, we'll give you a little more credit score info. But first, Congrats to the Graves on the contract on your home. We are confident this will work!
How do you interpret your credit score? A credit score is a numeric summary of your credit history. It generally ranges between 300 and 850. But what does it mean to you? There is no single "cutoff" used by all lenders, and there are many additional factors besides your credit score that lenders use to determine whether to give you credit and at what interest rate. So it's hard to say what a good score is outside of a particular lending situation. For example, one lender may offer lower interest rates to people with scores above,say, 680, another lender may use 720. You need to talk with your lender concerning this. Next time we'll give you some of the reasons scores change, and how that affects you.
Adam Tarr and Sharon Kotula
Your Phoenix are Real Estate Source