Home Rent to Own | Power of Sale/Foreclosure | Credit Management Have You Been Declined For Home Financing Or Facin

CREDIT MANAGEMENT MYTHS ACCORDING TO HOME OWNER SOON • Up-to date payments mean that my credit card does not affect my credit score • This is one of the biggest rumours circulating the business today. There is a direct link between to the balance on your credit cards to your credit score. • Too many queries will damage my score • This could hurt your score if you are a credit seeker, however, there will be no consequences for your credit score if you choose to browse mortgage or car loan rates within 14 days. • Financing old collections will increase my credit score • This is most certainly not the case. If one decides to pay an old collection it will then reactivate the aforementioned collection on your credit report. This will be communicated to the company as a recent collection and actually cause your credit score to go down.

Home Rent to Own | Power of Sale/Foreclosure | Credit Management Have You Been Declined For Home Financing Or Facin | Page 4