Clean up Your Credit

[Sandra Paul]

You may have had a great credit score when you first purchased your home, after years of mortgage payments, credit cards, car payments, and consumer loans may have banged up your credit a bit. Late or missed payments can create negative effects on your credit profile as do long-term balances on your account. If you want to qualify for the lowest interest rate and borrow the amount of money you need to clean your credit record with good scores is really a must. Find out what your credit status is before starting the new home search. Work on paying off some debt, catching up on any delinquent accounts, and removing any inaccuracies before officially applying for a new loan.

Sandra Paul