News Sources wrote an interesting post today on
Here’s a quick excerpt
Despite what many fly-by-night credit repair companies tell you, you need good credit to get a good mortgage interest rate . Good credit means you pay back what you’ve borrowed and you do so on time. Even just a few late payments can have a negative impact on your mortgage possibilities. Meanwhile, defaulting on payments, a bankruptcy or a past foreclosure can preclude you from almost any kind of financing. However, not all financing possibilities are eliminated – there are still option

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