Knowledge is Power | Do You Know Your Credit Score?
If you are looking to buy a new home, it's important to know your credit score.
By obtaining a credit report, you can determine if there are any challenges. Knowledge is power! If any challenges arise, it’s best to tackle them early on.
An Experian survey suggests many home-buyers dread the process because they’re unaware of their credit scores.
Here are some important statistics:
- 70% of prospective buyers who know their credit scores feel significantly more prepared to buy a home
- Yet 54% of people do not know their scores at all.
- 58% of future homebuyers are working to improve their credit in order to qualify for a better home loan interest rate.