If you’re thinking about buying a home, one of the first questions you may ask is: “Is my credit score bad?” The answer isn’t always as simple as a number. Your credit score is an important part of your mortgage application, but it’s only one factor lenders consider when determining your eligibility. Understanding credit score…

A good credit score will affect your ability to borrow and also the interest rates that will be available to you. Generally speaking, a good credit score will result in a lower interest rate. How to build credit history that benefits you: Start early The length of your credit history is a key factor in…