What matters more the credit score or the contents of your credit report?
zelda pasquel asked:
If I have a good credit score but still have unpaid collection accounts on my credit report will lenders expect me to pay those before they would give me a mortgage? Or if my credit score is high does that mean they won’t really care about much else?
Paula
If I have a good credit score but still have unpaid collection accounts on my credit report will lenders expect me to pay those before they would give me a mortgage? Or if my credit score is high does that mean they won’t really care about much else?
Paula
Tags: Collection Accounts, credit score, Lenders
November 17th, 2010 at 11:32 pm
It probably depends on what you are applying for. A friend of mine recently bought a house and his credit was pretty good. But they did question a 5-year old phone bill on his report.