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How do bad credit home loans affect credit score?

Carlton Burgess

in Student Loans

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Jodi Brooks on February 22, 2018

Bad credit home loans do not directly affect the credit score. However, they can cause the interest rate to be higher and therefore will make mortgage payments higher. This can deepenis the probability of failure of payments in the case of not having enough income to pay the mortgage, and negatively affect a credit score that way.


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