Last week, Fortune Magazine reported that those with excellent credit scores prefer Taylor Swift to Kanye West. With some hesitation, I am comfortable publishing the fact that I belong to team Swift. I may be subject to ridicule but plan to just shake it off, shake it off.
In its simplest form, a credit score allows a Lender to predict a borrower’s likelihood of repayment. A score represents a moment in time and can change based on your behaviour. Scores range from 300 to 900, and good scores are typically 600 and higher; anything over 750 is considered excellent.
A few months back, I gave consent to two mortgage brokers to access my credit file. I am always somewhat reluctant to sign on the line that gives the required permission.
As it turns…