Credit history free North Dakota

Businesses want to know that you have a long and credit history free North Dakota proven history of paying money you owe to other businesses. They want to know that you are trustworthy of extending credit to. If people want to hide this information from them then they need to pay the price.

@doubters How did knowing your credit score affect your behavior? Did you NOT apply for a car loan or mortgage because you knew your score ahead of time? No, you needed a car loan/mortgage, credit history free North Dakota so you applied for one.

If you knew that the outcome was going to be bad, would that mean that you no longer need a car loan/mortgage? Your knowledge of your score has no effect on the outcome, because the lending decision is not yours to make.

Has anyone EVER been denied credit, walked back into the lenders office, and successfully argued his case based on his prior knowledge of his score?

But sir, you have to give me this loan because my score is 761. Even if there was ONE true credit score, there is no law that says a lender must use that method for determining lending risk. free credit re port Instead, lenders use a credit history free North Dakota variety of means, including local/regional factors and their own lending portfolios tolerance to risk to determine whether or not to make a loan. And yet you claim to know the one number thats going to make a difference and can somehow use this knowledge to your advantage? I know that higher scores get better rates, and low scores will get poorer rates. I know certain behaviors that will increase or decrease my score. I know that simply waiting a year for my score to get into the next higher bracket could save me thousands upon thousands of dollars on a home loan.

It sounds like you are arguing against people being informed and using credit history free North Dakota that knowledge to their advantage, which is ludicrous. free credit report law A credit score kept me from having to pay PMI (put down just over 18% on our $117,900 mortgage-first home). We were told that the lender was so impressed with our credit/payment history, credit history free North Dakota the monthly fee was waived; Our realtor said he had never seen credit history free North Dakota that before. Still great to pay cash, though, whenever possible/sensible. To those worried about the inability to get a mortgage due to lack of credit score, its not the insurmountable obstacle that some would have you believe. I had no credit score to speak of, as I never had gone into debt. Yet I credit history free North Dakota managed to get a 30 year credit history free North Dakota fixed mortgage at 6.5%, which was about as good as it got at the time, without having to jump through a ton of hoops. I had to provide proof of employment, and a record of paying my bills on time from four sources, but other than that, credit history free North Dakota it was a relatively painless process.

While it was 10 years ago, credit history free North Dakota I heard the exact same arguments oh, youll never be able to qualify for a mortgage without a credit score, etc. how to check credit score As for the concern raised about hotel/car rentals and debit cards I always use my debit card, and have *never* had an amount held over the actual cost of the service. If someone is encountering these issues, perhaps they credit history free North Dakota should take their business elsewhere. You could be homeless, jobless, and a credit history free North Dakota turtle and qualify for a home loan. This is a classic example of treating the symptom instead of the root cause. If a person who is financially disciplined must cancel their credit cards to stay financially disciplined, they arent really financially disciplined.