Your credit score- It's a three-digit number that carries a lot of influence over your future. It can dictate whether or not you'll qualify for a home, car, or business loan. It can also be the deciding factor in whether or not you qualify for a low interest rate.
What exactly is a credit score and what factors contribute to its number?
A credit score is a number from 200 to 800 that reflects your payment and borrowing history. Are you a big spender? Do you make payments faithfully and on time? It's what lenders use to decide a number of factors, including whether or not to lend to you.
There are three main reporting agencies: TransUnion, Experian, and Equifax. Can a credit score from these agencies be biased? CLICK HERE TO READ MORE (in my monthly newsletter)
Submitted by Carla Hill
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The Featured Home of the Week is a three bedroom, three bath home on 1.24 acres on 4 Highwood lane in Westport for just $700,000. See the virtual tour HERE
Buying or Selling a Home in Fairfield County? Contact us!
If you have a question about buying or selling Real Estate in Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy
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